About: 王建军
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Wall Street Rallies On Powell’s Dovish Tone

Market Summary The U.S. equity market continued its rally in yesterday’s session, with the Dow Jones approaching its all-time high near the 41,000 mark. The Russell 2000 (US2000) small-cap index surged more than 10% since last Thursday, suggesting that strategists have been rotating their exposure to small-cap counters, which are more sensitive to interest rateContinue Reading
Written on July 17, 2024 at 5:05 am
Categories: Daily Market Analysis
USD/JPY Gains After Strong US Retail Sales

Fundamental Analysis * Retail Resilience: The Japanese Yen weakened against the U.S. dollar as the market absorbed stronger-than-expected U.S. Retail Sales data. The U.S. Commerce Department reported that retail sales remained flat in June, contrary to Wall Street’s prediction of a 0.3% decline in spending, based on Bloomberg data. Additionally, May’s retail sales figures wereContinue Reading
Written on July 17, 2024 at 1:56 am
Categories: Trade Of The Day
Wall Street Rallies On Powell’s Dovish Tone
Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading
Written on July 16, 2024 at 5:19 am
Categories: Daily Market Analysis
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