About: lishitong
Recent Posts by lishitong
US Inflation Signals Fed Easing, Gold Rises
Fundamental Analysis * US Disinflation: The price of gold has increased against the U.S dollar after key inflation figures were published in the United States. The US Bureau of Labor Statistics (BLS) indicated that the headline CPI increased by 0.3% month-over-month, which is a tenth above expectations yet consistent with forecasts. Core CPI held steadyContinue Reading
USD/JPY Rises on Treasury Recovery, CPI Data in Focus
Fundamental Analysis * Cautious Mood: The Japanese Yen has weakened against the US Dollar as fading market sentiment and rising U.S. Treasury yields put pressure on the currency. Investors are hesitant to take major positions ahead of Wednesday’s U.S. Consumer Price Index (CPI) release. The inflation data is expected to underscore the Federal Reserve’s challengesContinue Reading
Euro Declines Amid Anticipation of ECB Rate Decision
Fundamental Analysis * Labor Lift: The Euro has weakened against the US Dollar as traders brace for the European Central Bank (ECB) rate decision on Thursday. The currency has shown limited movement early in the week, with growing expectations of a rate cut by the ECB. After disappointing economic data, the ECB is widely anticipatedContinue Reading
Australian Dollar Slumps on U.S. Employment Data
Fundamental Analysis * Labor Lift: The AUD/USD pair is under significant pressure, nearing its August lows after the release of November’s US Nonfarm Payrolls (NFP) data. The US Bureau of Labor Statistics (BLS) reported a strong increase of 227,000 jobs, well above the prior 12,000 gain and exceeding the expected 200,000. Furthermore, Monthly Average HourlyContinue Reading
Central Banks’ Rate Moves: Markets Brace for Impact
Tuesday, 10 December 2024, 05:30 – RBA Interest Rate Decision (Dec) In November 2024, the Reserve Bank of Australia (RBA) decided to keep the cash rate at 4.35%. The bank’s reasoning was that while inflation had significantly decreased from its 2022 peak, it was still above the target range. Headline inflation dropped to 2.8% inContinue Reading
