Monthly Archives: September 2023
Risk-on Sentiment Heightens Ahead Of Job Data
Written on September 7, 2023 at 9:21 am, by jonywang
US equities advanced as the dollar’s vigor abated after Jerome Powell’s dovish tone at the Jackson Hole Symposium. US equities advanced as the dollar’s vigor abated after assimilating Jerome Powell’s Jackson Hole Symposium discourse. Powell’s subtly dovish tone vowed meticulous inflation management to foster risk appetite. Speculation also swirled around a softer labor market andContinue Reading
Understanding Fundamental Forex Trading Basics
Written on September 7, 2023 at 9:21 am, by jonywang
Content: What Is Forex Or The Foreign Exchange? Example Of Forex Trading When Is Forex Traded? What Are Quotes In Forex Trading? How Do You Read A Forex Quote? Understanding What Is A Pip And A Lot Explaining The Bid, Ask And Spread In Forex Trading What Does It Mean To Go Long Or ShortContinue Reading
The US Housing Market Will Be In Focus In The Upcoming Week
Written on September 7, 2023 at 9:21 am, by jonywang
The Week Ahead: Week of 17 July (GMT+3) Tuesday, 18 July, 15:30 – US Retail Sales (MoM) (Jun) Contrary to market expectations of a -0.1% rate, May’s US Retail Sales exceeded forecast expectations with a rate of 0.3%. This indicates that consumer spending remains resilient, even in the face of rising inflation and interest rates.Continue Reading