Yearly Archives: 2024
Rate Rumble: RBNZ, BoC, And ECB Take Centre Stage
Written on April 5, 2024 at 6:26 am, by 王建军
Wednesday, 10th April 2024, 04:00 – RBNZ Interest Rate Decision The New Zealand central bank maintain its benchmark interest rate at 5.50% as expected during its previous meeting. While there was no surprise of the central bank paused rates, the less hawkish tone was a surprise as 23% of the market surveyed by Reuters predictedContinue Reading
Dollar Buoys By Optimistic NFP Expectation
Written on April 5, 2024 at 6:18 am, by 王建军
Market Summary The dollar index (DXY) briefly dipped below the pivotal $104 mark before rebounding in anticipation of the upcoming release of the Non-Farm Payrolls (NFP) report, introducing an element of volatility into the market. Recent positive economic indicators, particularly the ADP non-farm employment change figures, exceeding expectations, have buoyed market sentiment surrounding the USContinue Reading
Bullish Gold Trades To All-Time High
Written on April 4, 2024 at 5:25 am, by 王建军
Market Summary Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year. Federal Reserve Chair Jerome Powell’s speech yesterday reiterated the central bank’s stance, indicating that it will take more time to assess market conditions before considering aContinue Reading
