Category Archives: Market Insights
All Eyes On OPEC+ Meeting
Written on November 30, 2023 at 4:48 am, by 力士通
Market attention is currently focused on the OPEC+ meeting scheduled for today, with widespread expectations that further oil production cuts will be on the agenda, potentially fueling a surge in oil prices. The surge in the U.S. Treasury prices has led to a decline in Treasury yields, placing the U.S. dollar under downward pressure. However,Continue Reading
Dollar Slides Ahead Of PCE
Written on November 29, 2023 at 4:49 am, by 力士通
Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the first quarter of the upcoming year. Prominent figure on Wall Street, Bill Ackman, is speculating that the Federal Reserve (Fed) is poised to cut rates as early as the first quarter ofContinue Reading
Dollar Weakens As The Treasury Yield Slumps
Written on November 28, 2023 at 5:26 am, by 力士通
U.S. long-term treasury yields have retraced to recent lows downside pressure on the U.S. dollar U.S. long-term treasury yields have retraced to recent lows, adding sparking discussions about the possibility of the Federal Reserve cutting rates next year; this has added downside pressure on the U.S. dollar, with the dollar index reaching its lowest levelContinue Reading
VIX At Record Low, Sparks Equity Market
Written on November 27, 2023 at 5:24 am, by 力士通
The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; The VIX index reaching its lowest level since January 2020 The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; meanwhile, with the VIX index reaching its lowest level since January 2020. ThisContinue Reading
Market Muted While Celebrating Thanksgiving
Written on November 24, 2023 at 5:16 am, by 力士通
Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY). Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY) and gold prices throughout the festive season. Concurrently, the trajectory of oil prices remains uncertain,Continue Reading
Anticipation Of RBNZ Holding High Rates
Written on November 24, 2023 at 2:43 am, by 力士通
The Week Ahead: Week of 27 Nov (GMT+2) Tuesday, 28 Nov, 17:00 – US CB Consumer Confidence (Nov) In October, U.S. consumer confidence dropped for the third consecutive month, sliding from 104.3 to 102.6. This decline, influenced by concerns over inflation and increased borrowing expenses, suggests a lack of market confidence in the U.S. economy.Continue Reading
Oil Prices Declines On OPEC Delay Meeting
Written on November 23, 2023 at 4:45 am, by 力士通
The scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices In an unexpected turn of events, the scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices. ThisContinue Reading
Dollar Drops On Dovish FOMC Minutes
Written on November 22, 2023 at 3:43 am, by 力士通
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
Risk-on Sentiment Sparks Equity Market
Written on November 21, 2023 at 3:01 am, by 力士通
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
Equity Market Bolstered By Fed Rate Peak Speculation
Written on November 20, 2023 at 5:30 am, by 力士通
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