Monthly Archives: July 2024
Wall Street Dip on AI Jitters

Written on July 25, 2024 at 5:34 am, by 王建军
Market Summary The U.S. equity market experienced one of its worst trading days this year, with the Nasdaq leading the decline, plunging more than 700 points in the last session. Investor concerns over the AI sector surged following Tesla’s earnings miss and Google’s higher-than-expected spending, both of which saw sharp declines. Meanwhile, the dollar remainedContinue Reading
Eye On Today’s PMI Readings

Written on July 24, 2024 at 5:39 am, by 王建军
Market Summary The dollar index traded in a relatively sideways range, poised at its weekly high, awaiting PMI readings to gauge the strength of the U.S. economy. The UK and eurozone PMI readings are due today and may directly impact the recent lacklustre price movement for both currencies. Conversely, the New Zealand dollar has beenContinue Reading