About: 王建军
Recent Posts by 王建军
Japanese Yen Seesaw after Hitting 160 Mark
Market Summary The U.S. Personal Consumption Expenditures (PCE) data released last Friday slightly surpassed market expectations and the previous reading, supported by recent positive economic indicators in the U.S. This bolstered the dollar index, as investors interpreted the data as a sign that the Federal Reserve may scale back its plans for interest rate reductionsContinue Reading
Gold Falls As US Dollar Rises On Strong Core PCE Inflation.
Fundamental Analysis * Golden Dilemma: The price of the yellow metal has fallen from its high as US Dollar’s recovery driven by elevated US core PCE inflation data, putting pressure on the value of gold. The annual underlying inflation data rose at a higher pace of 2.7% from the estimates of 2.6% but decelerated fromContinue Reading
Fed Faces Inflation Heat: What’s Next for FOMC？
Tuesday, 30th April 2024, 03:30 – Australia Retail Sales (MoM) (Mar) In February, retail sales in Australia saw a slight increase, fueled by heightened spending on clothing and dining out, likely spurred by popular Taylor Swift concerts drawing crowds. According to Australian Bureau of Statistics (ABS), Australia increased by 0.3 percent compared to January, whichContinue Reading
