Yearly Archives: 2024
Non-Farm Payrolls Report: Market Movers Ahead?
Written on May 31, 2024 at 3:06 am, by 王建军
Tuesday, 4 June 2024, 03:30 – Australia GDP (QoQ) (Q1) Australia’s economy experienced sluggish growth, with the Gross Domestic Product expanding by only 0.2% in the fourth quarter of 2023, below the anticipated 0.3%. This marked the fourth consecutive quarter of disappointing figures. Domestic demand was weak, as household spending on essentials showed a modestContinue Reading
Dollar Fuels By Strong Treasury Yield
Written on May 30, 2024 at 5:33 am, by 王建军
Market Summary The U.S. 7-year note auction held yesterday saw tepid demand for long-term Treasury yields, resulting in a decline in bond prices and pushing bond yields higher. This development, combined with market perception that the Federal Reserve is not planning to initiate a rate cut policy soon, fueled risk-averse sentiment and hammered equity markets.Continue Reading
Oil Prices Bullish As Geopolitical Tension Escalates
Written on May 29, 2024 at 6:04 am, by 王建军
Market Summary As U.S. markets resumed following the Monday public holiday, the implementation of the “T +1” settlement rule was overshadowed by a hawkish tone from the Federal Reserve. The Nasdaq and S&P 500 closed unchanged, while the Dow Jones declined. Fed official Neel Kashkari indicated that the Fed would maintain its restrictive monetary policyContinue Reading
