About: lishitong
Recent Posts by lishitong
USD/JPY Rises Further After U.S. CPI Data Release
Fundamental Analysis * Inflation Grip: The Japanese Yen continues to weaken against a strengthening U.S. Dollar following the release of U.S. CPI inflation data. The Consumer Price Index (CPI) report didn’t signal the inflation slowdown markets had hoped for, but it met expectations. Monthly headline CPI held steady at 0.2%, as forecasted, while the annualContinue Reading
Pound Drops as UK Unemployment Rate Rises
Fundamental Analysis * Jobless Surge: The pound has fallen against the dollar after disappointing employment figures from the UK. The Office for National Statistics (ONS) reported that the ILO Unemployment Rate rose to 4.3% in the three months ending in August, up from 4.0% and surpassing the expected 4.1%. During this period, UK employers addedContinue Reading
Gold Drops Amid Strong Dollar, Trump Policies
Fundamental Analysis * Dollar Pressure: Gold prices experienced their steepest weekly decline in five months, driven by speculation of a second term for Donald Trump, which has heightened fears of renewed trade tensions, bolstering the U.S. dollar. Overnight, Bloomberg reported warnings from BlackRock and JPMorgan that the U.S. bond sell-off “is far from over,” suggestingContinue Reading
Australian Dollar Slips Following Tariff Threat from Trump
Fundamental Analysis * Tariff Treat: The Australian dollar continues to face downward pressure against the U.S. dollar, driven by worries over Donald Trump’s recent proposal to hike tariffs on Chinese imports. With Australia being a key exporter to China, Trump’s suggested 60% tariff on all Chinese goods could have economic repercussions for Australia. Trump claimsContinue Reading
U.S. Election Aftershocks Fade, Data Back In Spotlight
Tuesday, 12 November 2024, 09.00 – German CPI (MoM)(Oct) Germany’s Consumer Price Index (CPI) for October 2024 rose by 0.4% month-on-month, surpassing the market’s expectation of a 0.2% increase and marking a recovery from the flat performance in September. This uptick was primarily driven by higher service prices and a rebound in goods prices. TheContinue Reading
