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Monthly Archives: July 2024

Wall Street Faces Headwind And Plummet

Written on July 25, 2024 at 6:28 am, by

Market Summary The U.S. job data released yesterday bolstered speculation of a September Fed rate cut. Initial Jobless Claims saw the biggest increase since May, suggesting the labor market in the U.S. is easing, and inflation is cooling as a result. Despite this, the dollar took a breather from its downtrend and found footing nearContinue Reading

Categories: Daily Market Analysis

Weekly Live Analysis Session

Written on July 25, 2024 at 6:22 am, by lucaszhang

Categories: Webinars

Wall Street Rallies On Powell’s Dovish Tone

Written on July 25, 2024 at 6:19 am, by

Market Summary As we step into the earnings report season, the U.S. equity market rallied, with the Dow Jones climbing to its highest point in the last session, gaining over 200 points. The aftermath of Donald Trump’s shooting incident has influenced the equity market, compounded by a dovish statement from Jerome Powell indicating that inflationContinue Reading

Categories: Daily Market Analysis

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