Monthly Archives: September 2023
41654156156U.S Equity Market Hit By Fed’s Hawkish Stance
Written on September 22, 2023 at 5:43 am, by jonywang
The U.S. dollar remains steadfast above the $105 mark, while the domestic stock market experienced turbulence after the recent Fed Chair’s statement. The U.S. dollar remains steadfast above the $105 mark, while the domestic stock market experienced turbulence after the recent Fed Chair’s statement. Investors grappled with the implications of the Fed’s messaging, resulting inContinue Reading
More Economy Indicators From Major Countries Are Coming Next Week
Written on September 22, 2023 at 1:23 am, by jonywang
Thursday, 28 September, 15:00 – EU German CPI (MoM) (Sep) In August, Germany’s inflation remained stable, as indicated by the Consumer Price Index (CPI). Inflation in the eurozone remains elevated, and investors are concerned that additional rate hikes could potentially trigger a recession, further negatively impacting the country’s current economic situation. Thursday, 28 September, 15:30Continue Reading
Fed’s Rate Pause And Dollar Fluctuating
Written on September 21, 2023 at 7:18 am, by jonywang
After the FOMC statement was unveiled yesterday, the dollar index held its ground firmly above the pivotal $105 level, putting pressure on gold prices. In the aftermath of the FOMC statement unveiled yesterday, financial markets fluctuated as investors dissected the nuanced signals emanating from the Fed’s leadership regarding its policy outlook. The dollar index heldContinue Reading
