About: 王建军
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Uncertainty Looms? Data To Illuminate US Inflation Path
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Wednesday, 10 July 2024, 04:00 – RBNZ Interest Rate Decision In May, the Reserve Bank of New Zealand (RBNZ) decided to maintain the Official Cash Rate (OCR) at 5.50%. This decision reflects a commitment to keeping monetary policy restrictive to manage inflationary pressures and ensure that inflation returns to the target range of 1-3% byContinue Reading
All Eye on Today’s NFP
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Market Summary The UK general election 2024 was held on Thursday, and while the results are yet to be finalized, the Labour Party is poised to win a majority, ending the Conservatives’ 14-year rule. The UK’s equity market index, FTSE 100, edged higher in the last session, while the Pound Sterling remained steady. The LabourContinue Reading
Written on July 5, 2024 at 5:20 am
Categories: Daily Market Analysis
Japanese Yen Rebounds Following Intervention Threat
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Fundamental Analysis * Intervention Cue: The Japanese Yen has regained some strength, appreciating against the dollar as markets remain vigilant, anticipating possible intervention by Japanese authorities to prevent excessive depreciation. Japan’s near-zero interest rates create a significant rate differential with other major currencies, leading to the Yen being pressured globally. Due to the Yen’s weakness,Continue Reading
Written on July 5, 2024 at 2:12 am
Categories: Trade Of The Day
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