Yearly Archives: 2024
Hawkish Fed Meeting Minutes Boosts Dollar
Written on January 17, 2024 at 5:12 am, by jonywang
The U.S. dollar strengthened, driven by the Hawkish narrative revealed in the meeting minutes. U.S. equity markets registered a second consecutive decline following the release of the December Federal Reserve meeting minutes. The U.S. central bank signalled an intention to maintain interest rates at a restrictive level for an extended period until U.S. inflation reachesContinue Reading
Oil Prices Jump As Red Sea Tension Escalates
Written on January 17, 2024 at 3:12 am, by jonywang
Oil prices experienced a significant rally as geopolitical tensions heightened in the Red Sea. Oil prices experienced a significant rally, reaching their highest level in 2024, as geopolitical tensions heightened in the Red Sea. Following a retaliatory move by the U.S. against Houthi attacks on ships, airstrikes were launched, escalating tensions and raising concerns aboutContinue Reading
Dollar Strengthen As Sentiment Shift
Written on January 17, 2024 at 3:10 am, by jonywang
The U.S. dollar has experienced a resurgence, reaching its highest level in a month, propelled by a revival in U.S. treasury yields. The U.S. dollar has experienced a resurgence, reaching its highest level in a month, propelled by a revival in U.S. treasury yields. This rebound signals a departure from earlier speculation that the FederalContinue Reading
