Monthly Archives: July 2024
All Eye on Today’s NFP
Written on July 5, 2024 at 5:20 am, by 王建军
Market Summary The UK general election 2024 was held on Thursday, and while the results are yet to be finalized, the Labour Party is poised to win a majority, ending the Conservatives’ 14-year rule. The UK’s equity market index, FTSE 100, edged higher in the last session, while the Pound Sterling remained steady. The LabourContinue Reading
Wall Street Rally Ahead Of NFP
Written on July 4, 2024 at 5:25 am, by 王建军
Market Summary In the last session, Wall Street saw a notable rally with the Nasdaq and S&P 500 reaching all-time highs, while the Dow Jones lagged. This surge was driven by soft job data, suggesting that the Federal Reserve may proceed with its plan to begin cutting rates in the third quarter of the year.Continue Reading
Profit-making opportunities: Recognising Cup and Handle Pattern
Written on July 3, 2024 at 11:25 pm, by sallychang
In the complex world of trading, patterns hold significant meaning as their formation represents the sentiments of the traders. Understanding and recognising these stock chart patterns can be the difference between a bullish or a bearish trade. One such pattern is the cup-and-handle pattern (C&H), which has helped investors recognise profit-making opportunities for decades. WilliamContinue Reading
