Monthly Archives: May 2024
41654156156Dollar Rebound on Fed’s Hawkish Tone

Written on May 21, 2024 at 5:12 am, by 王建军
Market Summary In yesterday’s market, the U.S. equity market took a breather after all three major indexes had risen more than 5% in May. All eyes are now on Nvidia’s earnings report due on Wednesday, which has the potential to spur the equity market further. In Asia, the Chinese stock markets also saw a retracement,Continue Reading
Gold Soars Amid Rising Expectation of Central Bank Rate Cuts

Written on May 21, 2024 at 1:51 am, by 王建军
Fundamental Analysis * Gleaming Gold: Gold prices are continuing to rise against the US dollar as expectations grow that global major central banks, including the Federal Reserve, may ease monetary policy in 2024. A recent consumer inflation report in the United States, which came in lower than expected, has led to speculation that the FedContinue Reading
Gold Prices Back to All-time High Territory

Written on May 20, 2024 at 3:49 am, by 王建军
Market Summary Asian equity markets opened strongly at the start of the week, buoyed by the bullish sentiment from last Friday’s U.S. market performance. Investors in the U.S. are eyeing Nvidia’s earnings report on Wednesday, anticipating another AI-driven rally. On the other hand, geopolitical issues in Eastern Europe and the Middle East have intensified, drivingContinue Reading