About: 王建军
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Dollar Weaken On High Unemployment Rate

Market Summary Last Friday’s U.S. employment report delivered a mixed bag of results: Nonfarm Payrolls (NFP) surpassed expectations at 206,000 new jobs added, yet the unemployment rate climbed to 4.1%, its highest since 2021. The Dollar Index (DXY) initially fluctuated on the news but ultimately trended lower as markets absorbed the data. With earnings growthContinue Reading
Written on July 8, 2024 at 5:13 am
Categories: Daily Market Analysis
Uncertainty Looms? Data To Illuminate US Inflation Path

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

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
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