About: lishitong
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Hawkish FOMC Meeting Minutes Boost Dollar
The Federal Open Market Committee (FOMC) meeting revealed that inflation may remain elevated. The dollar stands fortified after the release. The Chinese stock markets, including the Hang Seng index, are grappling with downward pressure due to investor pessimism surrounding the Chinese economy. Adding to these concerns, the release of the Federal Open Market Committee (FOMC)Continue Reading
Written on August 17, 2023 at 6:12 am
Categories: Daily Market Analysis
U.S. Retail Sales Rise Echo Hawkish Fed Outlook
Following the release of increased US Retail Sales data, the U.S. equity market experienced a decline as investors leaned towards a hawkish Fed policy stance. Last night, the spotlight was on U.S. retail sales data, which surpassed market expectations by coming in at 0.7%, an improvement from the previous figure of 0.3%. The increase inContinue Reading
Written on August 16, 2023 at 5:54 am
Categories: Daily Market Analysis
China Unexpected Rate Cut To Boost Economy
The surprise interest rate cut by the People’s Bank of China has sparked apprehensions within the market. China has taken an unexpected decision to reduce its interest rate as a measure to invigorate its persistently subdued economy. The action, carried out by the People’s Bank of China, has sparked apprehensions within the market regarding theContinue Reading
Written on August 15, 2023 at 6:23 am
Categories: Daily Market Analysis
China’s Worsening Property Slump Dampens Market Sentiment
Chinese equity markets are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. Chinese equity markets, including the Hong Kong stock market, are grappling with selling pressures due to the nation’s escalating property concerns, which have cast a shadow over market sentiment. Compounded by theContinue Reading
Written on August 14, 2023 at 6:15 am
Categories: Daily Market Analysis
CPI Falls Short Of Market Consensus, Dollar Stands Pat
The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. The U.S. Consumer Price Index (CPI) was unveiled in the previous night’s session, yielding a mixed outcome. While the reading showed an increase compared to the earlier figures, indicating a rise in inflation, it fell short of theContinue Reading
Written on August 11, 2023 at 6:38 am
Categories: Daily Market Analysis
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