About: 王建军
Recent Posts by 王建军
Gold Surges On Escalating Middle East Tensions
Market Summary Gold prices surged to near-record highs, driven by a subdued US Producer Prices Index, fueling expectations of Federal Reserve rate cuts and bolstering gold’s appeal as a safe-haven asset amidst escalating geopolitical tensions, notably between Israel and Iran. Meanwhile, the US Dollar initially stumbled following lower-than-expected PPI data but rebounded as bullish jobContinue Reading
Written on April 12, 2024 at 5:30 am
Categories: Daily Market Analysis, Market Insights
Yen Fell Amid U.S Inflation Data, Spark Intervention Fears
Fundamental Analysis * • Intervention Imminent?: The Japanese Yen has reached a 34-year low against the dollar, a level not witnessed since 1990, following robust U.S. inflation data that boosted the greenback. In March, the Consumer Price Index (CPI) experienced a 0.4 percent monthly surge, exceeding the anticipated 0.3 percent increase as per a ReutersContinue Reading
Written on April 12, 2024 at 1:46 am
Categories: Trading Blog, Trading Knowledge
Dollar Surges on CPI Beat, Gold Pressured
Market Summary The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regardingContinue Reading
Written on April 11, 2024 at 2:43 am
Categories: Daily Market Analysis, Market Insights
Recent Comments by 王建军
No comments by 王建军