About: 王建军
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The Impact of Rate Hikes On US Home Sales And Services PMI

The Week Ahead: Week of 21 August (GMT+3) Tuesday, 22 August, 17:00 – US Existing Home Sales (Jul) During June, existing home sales in the U.S. witnessed a drop, reaching a five-month low of 4.16 million, which could be attributed to the impact of the Federal Reserve’s aggressive interest rate hikes on house prices. InContinue Reading
Hawkish FOMC Meeting Minutes Boost Dollar

The Federal Open Market Committee (FOMC) meeting revealed that inflation may remain elevated. The dollar stands fortified after the release. The Chinese stock markets, including the Hang Seng index, are grappling with downward pressure due to investor pessimism surrounding the Chinese economy. Adding to these concerns, the release of the Federal Open Market Committee (FOMC)Continue Reading
Written on August 17, 2023 at 6:12 am
Categories: Daily Market Analysis
U.S. Retail Sales Rise Echo Hawkish Fed Outlook

Following the release of increased US Retail Sales data, the U.S. equity market experienced a decline as investors leaned towards a hawkish Fed policy stance. Last night, the spotlight was on U.S. retail sales data, which surpassed market expectations by coming in at 0.7%, an improvement from the previous figure of 0.3%. The increase inContinue Reading
Written on August 16, 2023 at 5:54 am
Categories: Daily Market Analysis
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