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Monthly Archives: November 2023

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Oil Prices Drop To 4-Month Low

Written on November 17, 2023 at 5:48 am, by

The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between President Biden andContinue Reading

US Existing Home Sales May Experience Further Declines

Written on November 17, 2023 at 12:34 am, by

The Week Ahead: Week of 20 Nov (GMT+2) Tuesday, 21 Nov, 17:00 – US Existing Home Sales (Oct) US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. There is aContinue Reading

Dollar Gains On Upbeat Retail Sales

Written on November 16, 2023 at 5:26 am, by

The U.S. dollar staged a modest recovery following a notable decline on Wednesday. However, the latest U.S. Retail Sales data surpassed expectations, supporting the greenback’s upward nudge. The U.S. dollar staged a modest recovery following a notable decline on Wednesday, spurred by indications of easing inflation from the U.S. CPI report. However, a resilient economicContinue Reading

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