About: 王建军
Recent Posts by 王建军
Rate Roulette: Various Central Banks Gear Up for Decisions
Tuesday, 18 June 2024, 06:30 – RBA Interest Rate Decision (Jun) In May, Australia’s central bank, the RBA, maintained its interest rate at 4.35%, as widely expected for the fourth meeting in a row. The bank cautioned that inflation risks were tilted towards rising, indicating that there were no imminent plans for policy adjustments inContinue Reading
Oil Price Gains Following Positive Demand Outlook
Fundamental Analysis * Crude Boom: Crude oil prices have edged higher against the US dollar, bolstered by signs of a robust demand outlook for crude and fuel this year. The Organization of Petroleum Exporting Countries (OPEC) maintained its forecast for strong global oil demand growth in 2024, while Goldman Sachs projected solid U.S. fuel demandContinue Reading
Soft CPI Hammers Dollar
Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading
