Monthly Archives: January 2024
41654156156Restrictive Monetary Policy Impact On US GDP
Written on January 19, 2024 at 1:13 am, by 王建军
Wednesday, 24 Jan, 17:00 – CA BoC Interest Rate Decision In the previous month, the Bank of Canada (BoC) chose to keep its key interest rate at 5% for the third consecutive decision, in line with widespread expectations. The BoC expressed ongoing concerns about inflation risks but stopped short of explicitly stating that these risksContinue Reading
Dollar Gain On Upbeat Retail Sales Figure
Written on January 18, 2024 at 4:58 am, by 王建军
The U.S. dollar secured its fifth consecutive session of gains, continuing its upward trajectory following a better-than-expected U.S. Retail Sales data. The U.S. dollar secured its fifth consecutive session of gains, continuing its upward trajectory following a better-than-expected U.S. Retail Sales data. Robust economic indicators, including a rebound in the Consumer Price Index (CPI), haveContinue Reading
Dollar Strengthen As Fed Rate Cut Speculation Wane
Written on January 17, 2024 at 5:39 am, by 王建军
The U.S. dollar maintained its upward trajectory, putting pressure on both gold and equity markets. Despite a relatively dovish speech from Fed governor Christopher Waller, the U.S. dollar maintained its upward trajectory, putting pressure on both gold and equity markets. Wall Street faced selling pressure as early bets on Fed rate cuts diminished. Gold pricesContinue Reading
