Yearly Archives: 2023
Markets Waiting For CPI To Gauge Fed’s Next Move
Written on June 13, 2023 at 6:06 am, by lishitong
The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike The U.S. equity market witnessed a notable rally as investors expressed optimism about the possibility of the Federal Reserve pausing the rate hike, with the decision scheduled to be announced on Wednesday,Continue Reading
Market Sideways Ahead Of U.S. CPI
Written on June 12, 2023 at 5:57 am, by lishitong
Dollar movement remains muted as investors await inflation data as well as the upcoming FOMC meeting The upcoming week is expected to be quite busy for investors, as significant events are anticipated to have a profound impact on the market. The U.S. Consumer Price Index (CPI) will be released on Tuesday, setting the stage forContinue Reading
Dollar Drops On Cooling U.S. Job Market
Written on June 9, 2023 at 5:48 am, by lishitong
High jobless claims have weighed on the dollar and thrown a wrench into the market outlook on the Fed’s hiking schedule U.S. initial jobless claims recorded the highest level since October 2021, confusing the market which previously speculated the Fed might follow the footstep of RBA and BoC to raise rates next week. The equityContinue Reading
