About: lishitong
Recent Posts by lishitong
Gold Prices Hit $2000 As Middle East Tension Escalates
Amidst deepening tensions in the Middle East conflict, gold surged past its pivotal $2000 mark, propelled by the expansion of ground warfare. Amidst deepening tensions in the Middle East conflict, the market’s gaze remains fixated on evolving dynamics. Gold surged past its pivotal $2000 mark, propelled by the expansion of ground warfare. Concurrently, oil pricesContinue Reading
Written on October 30, 2023 at 5:24 am
Categories: Daily Market Analysis
Market Anticipates Pause In Rate Hike
The Week Ahead: Week of 30 October (GMT+3) Wednesday, 1 November, 21:00 – US Fed Interest Rate Decision (Oct) The markets are currently anticipating that the Federal Reserve will maintain its current interest rates next week. This aligns with recent dovish statements made by Fed officials and the generally favourable economic data. Nevertheless, the possibilityContinue Reading
Written on October 27, 2023 at 5:31 am
Categories: Weekly Outlook
Tags: Weekly Highlight Event
Dollar Steadies: Investors Await PCE Report For Market Direction
The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K. Gold markets adopted a cautious stance, with anticipation buildingContinue Reading
Written on October 27, 2023 at 5:14 am
Categories: Daily Market Analysis
Yen Breaks 150 Level, Sparking Intervention Speculation
The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. Alphabet’s disappointing earnings report sent shockwaves through the US equity market, triggering a significant selloff.Continue Reading
Written on October 26, 2023 at 5:13 am
Categories: Daily Market Analysis
Dollar Strengthens On Upbeat PMI Reading
Favourable U.S. PMI data, coupled with better-than-expected Eurozone economic figures, led to the dollar rebounding above the $106 level. Amidst improving conditions in the Middle East conflict, international leaders and the United Nations advocate for Humanitarian Pauses to facilitate essential aid access for civilians. Gold prices remained stable, but oil prices faced a downturn dueContinue Reading
Written on October 25, 2023 at 5:11 am
Categories: Daily Market Analysis
Recent Comments by lishitong
No comments by lishitong yet.