Monthly Archives: June 2024
41654156156Nasdaq Hits Record Highs On AI Hype

Written on June 11, 2024 at 1:53 am, by 王建军
Fundamental Analysis The Nasdaq has surged to fresh record highs, bolstered by bullish momentum stemming from the ongoing excitement around artificial intelligence (AI). This rally is particularly influenced by Apple’s recent announcement to enhance its Siri voice assistant and operating systems through a partnership with OpenAI’s ChatGPT. This strategic move aims to position Apple moreContinue Reading
NFP Shocks Market, Triggers Dollar Surge
Written on June 10, 2024 at 5:16 am, by 王建军
Market Summary Last Friday’s U.S. Nonfarm Payroll (NFP) report rattled financial markets with a significantly higher-than-expected reading, far surpassing both market expectations and the previous month’s figures. The robust job data dashed hopes for an early rate hike from the Federal Reserve, as a tight labour market could potentially spur higher inflation, prompting a moreContinue Reading
USD/CHF Rose On Robust US Labor Market Data

Written on June 10, 2024 at 2:07 am, by 王建军
Fundamental Analysis * Job Juggernaut: The USD/CHF pair has strengthened following the release of updated Nonfarm Payroll (NFP) figures from the US on last Friday, which exceeded market expectations. This has led to speculation that the Federal Reserve may adopt a more hawkish stance, contrasting with the Swiss National Bank’s (SNB) policy, which could benefitContinue Reading