Monthly Archives: July 2023
41654156156Market Calm Before U.S. Retail Sales Releases
Written on July 18, 2023 at 6:27 am, by 王建军
The financial market was relatively calm last night ahead of the release of U.S. retail sales data scheduled for later at 15:30 (GMT+3). The financial market experienced a relatively calm session last night as investors awaited the release of U.S. retail sales data scheduled for later today (18th July). Major currency pairs remained stable, whileContinue Reading
China’s GDP Misses Expectation, Hammers Oil Prices
Written on July 17, 2023 at 6:25 am, by 王建军
The latest release of China’s second-quarter GDP has fallen short of market expectations which has exerted upward pressure on oil prices. Investors are wagering that the upcoming rate hike in July will mark the end of the tightening cycle, yet Federal Reserve officials are keeping their options open for a potential increase later in theContinue Reading
CPI Hammers DXY To Below $100
Written on July 14, 2023 at 6:34 am, by 王建军
The U.S. dollar continues to decline, breaking below the key psychological support level of $100. The release of lower-than-expected CPI data on Wednesday has significantly impacted the financial market. The equity market has extended its gains, while gold prices have risen by over 1.5% following the data release. Conversely, the U.S. dollar continues to decline,Continue Reading
