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Recent Posts by 王建军
Gold Slumps Amid Rising US Treasury Yield
Fundamental Analysis * Treasury Surge, Gold Purge: Gold prices fell on Wednesday as rising US Treasury yields increased demand for the Greenback. The yield on the US 10-year Treasury note rose by six basis points to 4.616%, strengthening the dollar and weighing on the commodity. With a sparse economic calendar, traders continue to digest hawkishContinue Reading
Written on May 30, 2024 at 2:19 am
Categories: Trade Of The Day
Oil Prices Bullish As Geopolitical Tension Escalates
Market Summary As U.S. markets resumed following the Monday public holiday, the implementation of the “T +1” settlement rule was overshadowed by a hawkish tone from the Federal Reserve. The Nasdaq and S&P 500 closed unchanged, while the Dow Jones declined. Fed official Neel Kashkari indicated that the Fed would maintain its restrictive monetary policyContinue Reading
Written on May 29, 2024 at 6:04 am
Categories: Daily Market Analysis
Yen Falters Amid Poor Economic Data
Fundamental Analysis * Yen Woes: The Japanese Yen continued to weaken against the dollar following the Bank of Japan’s disappointing inflation data release. In April, Japan’s Weighted Median Inflation Index, a key indicator of the nation’s inflation trend, rose by only 1.1%, down from a 1.3% increase in March. This marks the first time sinceContinue Reading
Written on May 29, 2024 at 2:15 am
Categories: Market Insights, Trade Of The Day
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