About: jonywang
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Hawkish Fed Meeting Minutes Boosts Dollar
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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
Written on January 17, 2024 at 5:12 am
Categories: Daily Market Analysis
Oil Prices Jump As Red Sea Tension Escalates
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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
Written on January 17, 2024 at 3:12 am
Categories: Daily Market Analysis
Dollar Strengthen As Sentiment Shift
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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
Written on January 17, 2024 at 3:10 am
Categories: Daily Market Analysis
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