About: 王建军
Recent Posts by 王建军
Eye on the Horizon: Market Anticipate Inflation Data Ahead
Tuesday, 14th May 2024, 14:30 – US PPI (YoY) (Apr) The Producer Price Index, which is an important gauge of wholesale-level inflation, increased by 2.1% over the 12 months leading up to March. This marks a rise from the 1.6% gain observed in February, representing its most substantial increase since April 2023. This indicates significantContinue Reading
Soft U.S. Job Data Hammers Dollar
Market Summary Following the market’s digestion of last Friday’s soft Nonfarm Payrolls report, the dollar index (DXY) initially showed signs of recovery, inching towards the $106 mark and mitigating previous losses. However, the dollar’s upward momentum was abruptly halted by the release of the latest U.S. Initial Jobless Claims data, which surged to levels unseenContinue Reading
Gold Surge Amid Weak U.S Jobs Data, Fed Rate Cut Speculation
Fundamental Analysis * Cooling Labor: The price of gold resumed its upward movement and climbs more than 1% following weak US jobless claims data and falling US Treasury yields, dampening demand for the US dollar. The US Department of Labor revealed that Initial Jobless Claims for the week ending May 4 climbed to 231,000, surpassingContinue Reading
