Yearly Archives: 2024
China Cuts Mortgage Rate To Revive Property Market
Written on February 20, 2024 at 5:35 am, by 王建军
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
Dollar Retreats On Profit-Taking, Eyes On FOMC Minutes
Written on February 19, 2024 at 4:39 am, by 王建军
The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data suggesting a delay in Federal Reserve interest rate cuts. Despite the pullback, the dollar’s overall resilience remains intact,Continue Reading
CPI Strength Hinders Fed Rate Cut; Focus On FOMC minutes.
Written on February 16, 2024 at 5:26 am, by 王建军
Wednesday, 21 Feb, 21:00 – FOMC Meeting Minutes In January, the Federal Reserve declared a steady policy rate of 5.25% – 5.5%, acknowledging the uncertain trajectory toward a rate cut in 2024. While many investors are hopeful for a shift from rate hikes to cuts by the Fed in the upcoming months, the robust inflationContinue Reading
