About: lishitong
Recent Posts by lishitong
Prop Trading vs. Traditional Trading: Unveiling Differences
The financial trading industry provides a variety of trading methods to appeal to a wide range of traders and investors. Proprietary trading, also called ‘prop trading’ in short, and traditional trading methods such as institutional trading, and retail trading are some well-known trading methods. Each technique has a specific function, certain qualities, and is gearedContinue Reading
Eye On Today’s BoE’s Interest Rate Decision
* U.S. treasury yield rebounded from its lowest level in 2024, which may catalyse the dollar. * Jerome Powell rules out near-term rate cuts rock the boat in the equity markets. * Poor Euro’s economic data, including German CPI and German retail sales, weigh down the Euro’s strength. Fundamental Overview The Federal Reserve’s recent interestContinue Reading
Yen Stimulates By Hawkish BoJ Meeting Minutes
* Downbeat earnings reports from Mega-cap companies drag US index * Australia’s CPI came short, weighed on the Australian dollar. * Dollar traded flat ahead of the FOMC Meeting. Fundamental Overview The Japanese Yen gained strength following the release of the Bank of Japan (BoJ) meeting minutes, where discussions about the potential end of theContinue Reading
Dollar Steady, Focus On Interest Rate Decisions
* Gold and oil prices surge amid Middle East tensions.. * U.S. equities rally pre-earnings, spotlight on mega-caps Microsoft, Apple, and Amazon. * All attention on today’s release of Euro’s GDP. Fundamental Overview Amidst a sideways trend in the U.S. dollar, market focus intensifies on the upcoming Federal Reserve interest rate decision and release ofContinue Reading
U.S. PCE Pressures Dollar To Trade Lower
* Dollar faces headwinds to trade lower as the latest PCE suggests the U.S. inflation is moderating. * Oil prices trade to its highest level in 2024 as the Red Sea tension escalated * Euro’s GDP due tomorrow while EUR/USD remains under pressure Fundamental Overview The US Dollar initially weakened following a lacklustre inflation report,Continue Reading
