Category Archives: Market Insights
Oil Prices Drop To 4-Month Low
Written on November 17, 2023 at 5:48 am, by 力士通
The financial markets experienced a relatively subdued session overnight, as lacking significant catalysts. Investor attention remains focused on the APEC forum The financial markets experienced a relatively subdued session overnight, lacking significant catalysts to drive decisive movements. Investor attention remains focused on the APEC forum, with particular interest in the meeting between President Biden andContinue Reading
US Existing Home Sales May Experience Further Declines
Written on November 17, 2023 at 12:34 am, by 力士通
The Week Ahead: Week of 20 Nov (GMT+2) Tuesday, 21 Nov, 17:00 – US Existing Home Sales (Oct) US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. There is aContinue Reading
Dollar Gains On Upbeat Retail Sales
Written on November 16, 2023 at 5:26 am, by 力士通
The U.S. dollar staged a modest recovery following a notable decline on Wednesday. However, the latest U.S. Retail Sales data surpassed expectations, supporting the greenback’s upward nudge. The U.S. dollar staged a modest recovery following a notable decline on Wednesday, spurred by indications of easing inflation from the U.S. CPI report. However, a resilient economicContinue Reading
Soft CPI Lead To DXY Crashes
Written on November 15, 2023 at 4:05 am, by 力士通
The Dollar Index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The Dollar index took a substantial hit, plummeting over 1.5% in the wake of the U.S. Consumer Price Index (CPI) release. The data indicated a softening of inflationary pressures, leading the market to reassessContinue Reading
Dollar Stalls Ahead Of Key CPI Release
Written on November 14, 2023 at 5:31 am, by 力士通
The US dollar remains in a holding pattern as investors brace for a week of pivotal events. Markets expect the October Consumer Price Index (CPI) will set at a 0.10% monthly rise. The US Dollar remains in a holding pattern as investors brace for a week of pivotal events. All eyes are on the imminentContinue Reading
Dollar Resurgence: Fed’s Hawkish Tone Sparks Market Shifts
Written on November 13, 2023 at 2:17 am, by 力士通
Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. The US Dollar staged a significant rebound driven by hawkish sentiments from Federal Reserve members, particularly emphasised by Federal Reserve Bank of San Francisco President Mary Daly. This resurgence wasContinue Reading
Powell’s Hawkish Tone Fuels Dollar’s Strength
Written on November 10, 2023 at 5:18 am, by 力士通
The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts are far from concluded, prompting a resurgence of the dollar’s strength. Jerome Powell’s speech yesterday sent ripples through the financial markets, disrupting the U.S. equity markets’ winning streak. The Fed Chair’s stern warning indicated that the Fed’s monetary tightening efforts are far fromContinue Reading
Continued Worries About Oil Prices and Supply
Written on November 9, 2023 at 11:57 pm, by 力士通
The Week Ahead: Week of 13 Nov (GMT+2) Tuesday, 14 Nov, 15:30 – US CPI (MoM) (Oct) The recent consumer price index, which serves as a significant indicator of inflation, rose by 0.4%. Several Federal Reserve officials have expressed the view that these increases might eliminate the necessity for additional policy tightening. As a result,Continue Reading
All Eyes On Jerome Powell’s Speech
Written on November 9, 2023 at 5:45 am, by 力士通
The VIX index, a key measure of fear in the U.S. equity market, plummeted by over 20% in November, indicating a rising risk-on sentiment among investors. The VIX index, a key measure of fear in the U.S. equity market, plummeted by over 20% in November, indicating a rising risk-on sentiment among investors. However, market activityContinue Reading
Oil Prices Plummet On Bearish U.S. Oil Data
Written on November 8, 2023 at 5:33 am, by 力士通
Oil prices tumbled nearly 5% as the demand outlook dimmed. China’s upcoming economic data, promise further fluctuations in oil prices. In a sharp turn, oil prices tumbled nearly 5% as the demand outlook dimmed, exacerbated by a substantial surge in U.S. crude stockpiles revealed in the API weekly data. This surge implied a significant cool-offContinue Reading