About: 王建军
Recent Posts by 王建军
Wall Street Dip With Looming U.S. Recession
Market Summary The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020—before quickly retracing to 38. This fear weighed heavily on the equity market, with the Dow Jones closing more than 1000 points lower inContinue Reading
Written on August 6, 2024 at 5:32 am
Categories: Daily Market Analysis
Oil Price Rebounds On Rising Middle East Conflict
Fundamental Analysis * Tension-Fueled: Oil prices surged by over $1 on Tuesday, recovering from the previous day’s decline as fears of a worsening Middle East conflict overshadowed concerns about a potential U.S. recession that might dampen demand. The rise in oil prices comes amid heightened tensions between Israel and Iran, with both sides preparing forContinue Reading
Written on August 6, 2024 at 2:23 am
Categories: Trade Of The Day
NFP Hammers Dollar To 4 Months Low
Market Summary The aftermath of the Japanese yen’s strengthening has manifested in significant dips across multiple markets, including equities, commodities, and various currencies. The yen has erased all its 2024 losses against the dollar, moving towards the 145.00 mark. The dollar index (DXY) has fallen to its lowest level since March, hovering above the $103Continue Reading
Written on August 5, 2024 at 5:33 am
Categories: Daily Market Analysis
Recent Comments by 王建军
No comments by 王建军