About: 王建军
Recent Posts by 王建军
Gold Consolidates As Focus Shifts To PCE
Fundamental Analysis * Golden Pause: Gold prices (XAU/USD) are hovering near two-week lows, trading around the $2300 mark, as the Fed’s hawkish stance and higher US bond yields have created a headwind for the yellow metal. At the end of the June meeting, the Federal Reserve adopted a more hawkish approach, with policymakers advocating forContinue Reading
Japanese Yen Trades to New Low in Decades
Market Summary The Japanese Yen plummeted to its weakest level since 1986 at 160.87 against the greenback. The currency pair has lost more than 12% this year and is well above the tolerance level for the BoJ to intervene. The BoJ hinted at a potential rate hike in July, and the Japanese CPI reading dueContinue Reading
Oil Price Dips As US Demand Slow, Rising Supply
Fundamental Analysis * Energy Ebb: The price of the crude oil have fell due to an unexpected increase in U.S. stockpiles, raising concerns about sluggish demand from the world’s largest oil consumer. The U.S. Energy Information Administration (EIA) reported a 3.6-million-barrel rise in the country’s crude oil stocks last week, surprising analysts polled by ReutersContinue Reading
