Monthly Archives: May 2024
Week Ahead Spotlight: CPIs, Retail Sales, RBNZ Rates!
Written on May 17, 2024 at 5:58 am, by 王建军
Tuesday, 21 May 2024, 14:30 – Canada Consumer Price Index (MoM)(Apr) In March, Canada’s consumer price index increased by 0.6% compared to the previous month, surpassing the 0.3% growth seen earlier. Although the overall inflation rate in Canada rose slightly in March, it remained within the target set by the Bank of Canada, strengthening theContinue Reading
Eyeing on Today’s Euro CPI
Written on May 17, 2024 at 5:55 am, by 王建军
Market Summary The dollar index (DXY) found support above the $104 mark after two consecutive sessions of decline, as U.S. inflation showed signs of easing. The U.S. initial jobless claims released yesterday came in slightly better than the previous reading, providing some buoyancy for the dollar. While the U.S. stock market lacked momentum, the HongContinue Reading
Soft CPI Hammers Dollar to Monthly Low
Written on May 16, 2024 at 5:57 am, by 王建军
Market Summary Yesterday’s U.S. inflation gauge, CPI, rattled financial markets as the dollar index (DXY) plunged nearly 1% and equity markets jumped following a reading below market consensus. The April CPI came in at 0.3%, lower than the previous month, alongside flat Retail Sales data at 0%. This downbeat economic data has fueled hopes forContinue Reading
