About: lishitong
Recent Posts by lishitong
Policy Shift or Status Quo? BoJ’s Big Decision Looms!
Tuesday, 21 January 2025, 09:00 – UK Unemployment Rate (Nov) The latest official data from the UK’s Office for National Statistics (ONS) indicates that the unemployment rate increased to 4.3% in the three months leading up to October 2024. This increase was mainly attributed to higher business costs, particularly due to rising taxes like employerContinue Reading
Crude Oil Falls as Houthis Suspend Red Sea Attacks
Fundamental Analysis * Ceasefire Chill: Crude oil prices have fallen due to expectations of a pause in Houthi attacks on Red Sea shipping, following a ceasefire agreement between Israel and Hamas in the Gaza conflict. Maritime security officials indicated that the Houthi militia may soon announce the end of its Red Sea ship assaults. JohnContinue Reading
USD/JPY Declines on BoJ Hawkish Tone, Intervention Risk
Fundamental Analysis * Hawkish Note: The Japanese Yen gained strength against the U.S. Dollar following hawkish comments from Bank of Japan (BoJ) Governor Kazuo Ueda. Adding to the Yen’s momentum, remarks by Japan’s Finance Minister Katsunobu Kato reignited fears of possible government intervention. On Wednesday, Governor Ueda highlighted that the BoJ might consider rate hikesContinue Reading
Pound Weakens as US PPI Records Modest Growth
Fundamental Analysis * PPI Power-Up: The pound sterling which traded against the dollar, reversed its gains and turned negative after the release of U.S. PPI data. The report showed annual headline U.S. PPI rising to 3.3%, higher than November’s 3.0% but slightly below the 3.4% forecast. Core PPI, which excludes the volatile food and energyContinue Reading
USD/CHF Climbs on Strong U.S. Dollar and Upbeat Jobs Report
Fundamental Analysis * Payroll Surge: The USD/CHF pair extends its gains in early trading, buoyed by a stronger dollar following Friday’s upbeat U.S. jobs report. The Greenback’s momentum is fueled by December’s Nonfarm Payrolls (NFP) data, which showed a net job addition of 256K, surpassing the forecast of 160K, despite a slight downward revision ofContinue Reading
