Yearly Archives: 2024
Yen Drop on Japan FX Officials Comment
Written on May 7, 2024 at 5:12 am, by 王建军
Market Summary The U.S. equity market continued its upward trajectory, buoyed by growing optimism surrounding potential interest rate cuts by the Federal Reserve later this year, following the release of softer-than-expected nonfarm payroll data last Friday, indicating a slowdown in economic performance. Japan’s Nikkei 225 index surged over 1% this morning upon returning from Monday’sContinue Reading
Soft NFP Spurs Stock Market
Written on May 6, 2024 at 5:24 am, by 王建军
Market Summary Last Friday saw a notable weakening in the dollar, with the dollar index (DXY) declining to its monthly low following the underwhelming U.S. Non-Farm Payroll (NFP) report, which significantly missed market expectations. This soft job data has fueled market speculation about a possible interest rate reduction by the Federal Reserve in the thirdContinue Reading
RBA and BoE Take Center Stage Amidst U.S. Light Week
Written on May 3, 2024 at 5:30 am, by 王建军
Tuesday, 7th May 2024, 06:30 – RBA Interest Rate Decision (May) During the March meeting, Australia’s central bank kept its interest rates steady at 4.35% and adopted a more relaxed approach towards tightening, suggesting growing confidence in inflation reaching its target despite economic deceleration. Following the release of March’s CPI data, hopes for an imminentContinue Reading
