About: lishitong
Recent Posts by lishitong
Oil Prices Climb Amid US-Venezuela Tensions
Fundamental Analysis *Crude oil prices extended gains as US-Venezuela tensions escalated following former President Donald Trump’s threat to impose a 25% tariff on nations purchasing Venezuelan crude. This move aims to tighten pressure on Venezuela’s economy, potentially deterring key buyers such as China, India, and Spain. However, China’s impact remains limited due to its lowContinue Reading
CAD dips as Canada Snap Election Uncertainty
Fundamental Analysis *The Canadian dollar weakened as Prime Minister Mark Carney called a snap election for April 28, 2025, seeking a stronger mandate to address US tariffs on Canadian goods and Canadian sovereignty concerns. The resulting political uncertainty could weigh on fiscal and monetary policies, prompting investors to adopt a cautious stance and reducing investmentContinue Reading
PCE Data On Deck, Market Rally or Rate Jitters Ahead?
Monday,24 March 2025, 15:45 – U.S S&P Global Manufacturing PMI (Mar) The latest US S&P Global Manufacturing PMI for February 2025 rose to 52.7, the highest since June 2022, reflecting manufacturing expansion driven by a surge in new orders and output. The data was largely due to manufacturers preemptively increasing purchases in anticipation of tariffsContinue Reading
Oil Prices Surges following US Sanctions on Chinese Refinery
Fundamental Analysis *Crude oil prices edged higher after the United States imposed sanctions on a Chinese refinery, escalating efforts to curb Iranian oil exports. The US specifically targeted Shandong Shouguang Luqing Petrochemical Co. and its CEO for allegedly purchasing Iranian crude, raising concerns over potential supply disruptions. As a result, investors reacted to the tighteningContinue Reading
USD/JPY Weakens as Fed Maintains Dovish Stance
Fundamental Analysis *US Dollar declined against the Japanese Yen following the FOMC meeting, where the Federal Reserve reaffirmed its dovish stance by keeping interest rates unchanged at 4.25%–4.5%. Despite concerns over tariff-driven inflation, the Fed maintained its projection for two rate cuts in 2025. Chairman Jerome Powell acknowledged an increased risk of recession, but reassuredContinue Reading
