About: 王建军
Recent Posts by 王建军
The US Housing Market Will Be In Focus In The Upcoming Week
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates.Continue Reading
CPI Shows U.S. Inflation Softening
US CPI released yesterday showed a two-year low inflation rate of 3%, leading to a decline in the US dollar. Yesterday’s release of the U.S. Consumer Price Index (CPI) revealed that the country’s inflation had reached a two-year low of 3%, lower than the previous reading and the forecasted figure. As a result, the dollar’sContinue Reading
Japanese Yen Strengthen With Heighten Recession Risk
Major central banks tightening policies, boosts Japanese Yen. The Japanese Yen has reached its highest level in a month, surpassing the 140 mark against the U.S. dollar. This surge is attributed to the growing concerns of a global economic downturn due to major central banks tightening their monetary policies to combat persistent inflation. The JapaneseContinue Reading
