Monthly Archives: May 2024
Eye on the Horizon: Market Anticipate Inflation Data Ahead
Written on May 10, 2024 at 7:14 am, by 王建军
Tuesday, 14th May 2024, 14:30 – US PPI (YoY) (Apr) The Producer Price Index, which is an important gauge of wholesale-level inflation, increased by 2.1% over the 12 months leading up to March. This marks a rise from the 1.6% gain observed in February, representing its most substantial increase since April 2023. This indicates significantContinue Reading
Soft U.S. Job Data Hammers Dollar
Written on May 10, 2024 at 5:25 am, by 王建军
Market Summary Following the market’s digestion of last Friday’s soft Nonfarm Payrolls report, the dollar index (DXY) initially showed signs of recovery, inching towards the $106 mark and mitigating previous losses. However, the dollar’s upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseenContinue Reading
All Eye on BoE’s Monetary Decision Today
Written on May 9, 2024 at 5:33 am, by 王建军
Market Summary In the last session, the financial markets experienced relative calm, with the dollar index (DXY) maintaining stability around the 105.50 level, while U.S. equity markets remained near recent highs. Notable movements were observed in the bond markets, where the 10-year benchmark yields for Australia, New Zealand, and Japan saw increases, potentially bolstering theirContinue Reading
