About: 王建军
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Inflation Watch: CPI Data Unveiled Across Countries

Tuesday, 16 July 2024, 08:30 – Canada CPI (MoM) (Jun) In May, Canada’s Consumer Price Index rose by 0.6%, surpassing both market forecasts of 0.6% and the previous figure of 0.5%. Statistics Canada attributes this increase primarily to higher food prices, especially for wheat-based products, which exerted notable inflationary pressures. Additionally, elevated energy expenses, particularlyContinue Reading
Dollar Plummet On Soft CPI

Market Summary The highly anticipated U.S. CPI report met expectations with a figure below market consensus, shaking up financial markets. The dollar plummeted to its lowest level since last month amid heightened speculation of a dovish Fed stance. Concurrently, the U.S. equity market experienced a notable anomaly, marked by significant declines. This anomaly is attributedContinue Reading
Written on July 12, 2024 at 3:12 am
Categories: Daily Market Analysis
Oil Rose On Summer Demand, Easing US Inflation

Fundamental Analysis * Fuel Boom: Crude oil prices have increased due to indications of robust summer demand and reduced inflationary pressures in the United States, the world’s largest oil market, boosting investor confidence. U.S. government data revealed that gasoline demand reached 9.4 million barrels per day (bpd) in the week ending July 5, the highestContinue Reading
Written on July 12, 2024 at 2:19 am
Categories: Trade Of The Day
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