Monthly Archives: September 2023
41654156156Strong U.S. Economic Data Bolsters Dollar
Written on September 8, 2023 at 5:44 am, by 王建军
The lower-than-expected initial jobless claims has reinforced the belief that the Federal Reserve may proceed with interest rate hikes. U.S. economic data released on Thursday has reinforced the belief that the Federal Reserve may proceed with interest rate hikes on September 20th. This sentiment was supported by lower-than-expected initial jobless claims and a larger-than-anticipated declineContinue Reading
United Kingdom Experiences Significant Surge In GDP
Written on September 8, 2023 at 12:40 am, by 王建军
The Week Ahead: Week of 11 September (GMT+3) Wednesday, 13 September, 09:00 – UK GDP (MoM) (Jul) The rate improved to 0.5% from -0.1%, a sharp increase in the second quarter of the year. The manufacturing sector experienced a notably robust month, with significant growth observed in both the automotive industry and the typically unpredictableContinue Reading
Dollar Strengthens On Fed Outlook
Written on September 7, 2023 at 5:59 am, by 王建军
The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. Short-term U.S. bond yields have surged past 5%, while downward pressureContinue Reading
