Monthly Archives: November 2023
Risk-on Sentiment Sparks Equity Market
Written on November 28, 2023 at 8:53 am, by jonywang
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
Dollar Drops On Dovish FOMC Minutes
Written on November 28, 2023 at 8:51 am, by jonywang
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
Market Muted While Celebrating Thanksgiving
Written on November 28, 2023 at 8:45 am, by jonywang
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
