About: 王建军
Recent Posts by 王建军
Soft PCE Hinders Dollar’s strength
Market Summary The financial market has reacted to the highly anticipated U.S. inflation gauge preferred by the Federal Reserve, the PCE reading. The PCE came in line with market expectations at 2.5%, suggesting that inflationary pressure in the country is moving toward the targeted 2% rate and heightening the likelihood of a September Fed rateContinue Reading
Written on July 29, 2024 at 6:08 am
Categories: Daily Market Analysis
Higher Tokyo CPI Bolsters BoJ Rate Hike Expectation
Market Summary Wall Street continues to face downside risks, with the Nasdaq and S&P 500 sliding in yesterday’s session while the Dow Jones eked out a marginal gain. The small-cap Russell 2000 index remains on an upward trajectory, indicating capital rotation away from mega-cap stocks, tempered by AI jitters. The dollar index edged higher followingContinue Reading
Written on July 26, 2024 at 5:21 am
Categories: Daily Market Analysis
Yen Resurgence! Will Next BoJ Week Sustain the Rally?

Tuesday, 30 July 2024, 16:00 – US CB Consumer Confidence (Jul) The U.S. Conference Board reported a slight decline in the US Consumer Confidence Index (CCI) for June 2024, dropping to 100.4 from 101.3 in May. This decline is primarily due to a fall in the Expectations Index, which decreased to 73.0 from 74.9. TheContinue Reading
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