Monthly Archives: April 2024
41654156156Oil Prices Rise As Investors Evaluate Middle East Risk
Written on April 23, 2024 at 2:03 am, by jonywang
Fundamental Analysis * Fueling Fears: Oil prices increased slightly during early Asian trading on Tuesday, recovering from losses seen in the prior session as investors remained vigilant in evaluating the potential impact of geopolitical tensions in the Middle East. Analysts pointed out that there are numerous risks still present in the oil market. ANZ analystsContinue Reading
Market Focus On Earnings Report
Written on April 22, 2024 at 5:26 am, by jonywang
Market Summary As we head into the second quarter earnings report season, the U.S. equity market is poised to capture significant attention. Recent geopolitical events, particularly the unconfirmed reports of an explosion in Iran’s third-largest city last Friday, have injected volatility into commodities prices and bolstered the appeal of safe-haven assets like the U.S. dollarContinue Reading
Aussie Dollar Recovers As Risk Sentiment Improves
Written on April 22, 2024 at 2:15 am, by jonywang
Fundamental Analysis * Recovering mood: The Australian dollar slightly recovers against the dollar as concerns over increased tensions in the Middle East diminish following Iran’s announcement that the drone attack did not cause damage to nuclear facilities in Isfahan. Besides that, the purported attack from Israel, yet to be officially acknowledged by them but confirmedContinue Reading
