About: lishitong
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Dollar Drops On Dovish FOMC Minutes
Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. In a much-anticipated earnings release, Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. This unexpected downturn interrupted the recent winning streak in U.S. equity markets, dampening hopes for aContinue Reading
Written on November 22, 2023 at 3:43 am
Categories: Daily Market Analysis
Risk-on Sentiment Sparks Equity Market
Nasdaq ascended to nearly a two-year high, driven by anticipation surrounding Nvidia’s upcoming report. US dollar has slid to its lowest point since September Recent market dynamics have seen a surge in risk-on sentiment, with global equities rallying fervently. The Nasdaq has ascended to nearly a two-year high, driven by heightened anticipation surrounding Nvidia’s upcomingContinue Reading
Written on November 21, 2023 at 3:01 am
Categories: Daily Market Analysis
Equity Market Bolstered By Fed Rate Peak Speculation
Recent weak U.S. economic data, hinting at slowed growth and contained inflation, suggests the Federal Reserve might be near the end of its tightening cycle. Recent downbeat economic data from the U.S., which indicates a moderation in economic performance and contained inflation, has led the market to believe that the Federal Reserve is on theContinue Reading
Written on November 20, 2023 at 5:30 am
Categories: Daily Market Analysis
Oil Prices Drop To 4-Month Low
The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between President Biden andContinue Reading
Written on November 17, 2023 at 5:48 am
Categories: Daily Market Analysis
US Existing Home Sales May Experience Further Declines
The Week Ahead: Week of 20 Nov (GMT+2) Tuesday, 21 Nov, 17:00 – US Existing Home Sales (Oct) US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. There is aContinue Reading
Written on November 17, 2023 at 12:34 am
Categories: Weekly Outlook
Tags: Weekly Highlight Event
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