Monthly Archives: February 2024
41654156156Dollar Flat: Investors Await Key Inflation Report
Written on February 12, 2024 at 4:14 am, by 王建军
After a four-week climb, the Dollar Index sees a slight pullback as investors engage in profit-taking The Dollar Index retreats after a four-week climb as investors engage in profit-taking ahead of key inflation data, influenced by positive economic indicators hinting at a potential delay in the Federal Reserve’s easing policy. The US economic calendar isContinue Reading
Oil Prices Surge On Geopolitical Uncertainty
Written on February 9, 2024 at 1:17 am, by 王建军
Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East. Ceasefire talks took a gloomy turn as Israeli Prime Minister Benjamin Netanyahu rejected the Gaza deal, deeming it “delusional.” This geopolitical uncertainty in the MiddleContinue Reading
Federal Reserve in No Hurry for Rate Cut; Investors Focus on Inflation Data
Written on February 8, 2024 at 7:58 am, by 王建军
Tuesday, 13 Feb, 15:30 – US CPI (YoY) (Jan) Consumer prices for a range of goods and services surged beyond expectations in December, as reported by the Labor Department. The Consumer Price Index (CPI) for 2023 ended at 3.4%, slightly surpassing the previous figure of 3.1%, while economists had anticipated a reading of 3.2%. ThisContinue Reading
