About: 王建军
Recent Posts by 王建军
Inflation Watch: CPI Data Unveiled Across Countries
Tuesday, 16 July 2024, 08:30 – Canada CPI (MoM) (Jun) In May, Canada’s Consumer Price Index rose by 0.6%, surpassing both market forecasts of 0.6% and the previous figure of 0.5%. Statistics Canada attributes this increase primarily to higher food prices, especially for wheat-based products, which exerted notable inflationary pressures. Additionally, elevated energy expenses, particularlyContinue Reading
Dollar Plummet On Soft CPI
Market Summary The highly anticipated U.S. CPI report met expectations with a figure below market consensus, shaking up financial markets. The dollar plummeted to its lowest level since last month amid heightened speculation of a dovish Fed stance. Concurrently, the U.S. equity market experienced a notable anomaly, marked by significant declines. This anomaly is attributedContinue Reading
Dollar Soften After Jerome Dovish Testimony
Market Summary Jerome Powell’s two-day testimony before the Senate concluded yesterday, with a dovish tone that bolstered the market’s risk-on sentiment and tempered the dollar’s strength amidst expectations of accommodative monetary policy. Wall Street continued its rally as the U.S. equity market entered earnings season, buoyed by optimistic outlooks for corporate earnings. Attention now turnsContinue Reading
