Yearly Archives: 2024
Fed’s Tightening Policy Remain, Meeting Minutes Shows
Written on February 23, 2024 at 6:50 am, by jonywang
The dollar index exhibited a narrow range of movement following the much-anticipated release of the FOMC meeting minutes yesterday. The dollar index exhibited a narrow range of movement following the much-anticipated release of the FOMC meeting minutes yesterday. As anticipated, board members expressed concerns about the potential risks of cutting rates too quickly, emphasising theContinue Reading
Raving Sentiment in the U.S. Stock Markets
Written on February 23, 2024 at 6:49 am, by jonywang
The U.S. stock markets, particularly the Nasdaq, have experienced a significant surge, reaching record high levels, largely driven by Nvidia’s impressive earnings report. The U.S. stock markets, particularly the Nasdaq, have experienced a significant surge, reaching record high levels, largely driven by Nvidia’s impressive earnings report, which signals a positive outlook for the technology sector.Continue Reading
Fed Meeting Minutes Align with Expectations; PCE Price Index and GDP in Crosshairs.
Written on February 23, 2024 at 6:48 am, by jonywang
Wednesday, 28 Feb, 03:00 – RBNZ Interest Rate Decision In November, the RBNZ maintained its interest rate at 5.50%. Nevertheless, the central bank had earlier indicated a possible rate increase in 2024, citing persistent inflation. Despite the economy technically being in a recession, global markets are bracing for a potential unexpected interest rate hike inContinue Reading
