Tag Archives: Daily Market Analysis
of Market Insights
Asian Shares Dip Amid Cautious Trading
The VIX dipped to its lowest level in over a year as equities trade sideways ahead of the Fed interest rate decision Asian shares traded lower, and U.S. equity futures fell as investors remained cautious after Wall Street closed with little change. The CBOE VIX volatility index hit its lowest level in over a year.Continue Reading
Dollar Struggles as Investors Remain Sceptical of Fed’s Hawkish Tone
The US Dollar is uncertain due to recent hawkish comments by Atlanta Fed President Raphael Bostic and James Bullard on rate hikes. The US Dollar continues to struggle as uncertainty over US monetary policy lingers in the global financial market. Despite hawkish comments from Atlanta Fed President Raphael Bostic and James Bullard regarding the needContinue Reading
China’s GDP Shows Solid Economic Recovery
Economic growth in the world’s second-largest economy will be bullish for oil prices China’s freshly released economic data has shown resilient growth in the country compared to the previous quarter. China’s GDP in the first quarter surged to 2.2% from the previous quarter’s 0%, a favourable sign that could potentially stimulate higher oil prices. Moreover,Continue Reading
