About: 王建军
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Oil Prices Surge On Geopolitical Uncertainty

Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East. Ceasefire talks took a gloomy turn as Israeli Prime Minister Benjamin Netanyahu rejected the Gaza deal, deeming it “delusional.” This geopolitical uncertainty in the MiddleContinue Reading
Written on February 9, 2024 at 1:17 am
Categories: Daily Market Analysis
Federal Reserve in No Hurry for Rate Cut; Investors Focus on Inflation Data

Tuesday, 13 Feb, 15:30 – US CPI (YoY) (Jan) Consumer prices for a range of goods and services surged beyond expectations in December, as reported by the Labor Department. The Consumer Price Index (CPI) for 2023 ended at 3.4%, slightly surpassing the previous figure of 3.1%, while economists had anticipated a reading of 3.2%. ThisContinue Reading
Fed’s Hawkish Tone Buoys The Dollar

Several Fed officials have made consistent statements following last week’s interest rate decision and the disclosure of the Nonfarm Payroll. Several Fed officials have made consistent statements following last week’s interest rate decision and the disclosure of the Nonfarm Payroll. Jerome Powell and his colleagues have emphasised that the strength of the labour market andContinue Reading
Written on February 8, 2024 at 5:34 am
Categories: Daily Market Analysis
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