Monthly Archives: November 2023
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
VIX At Record Low, Sparks Equity Market
Written on November 28, 2023 at 8:43 am, by jonywang
The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; The VIX index reaching its lowest level since January 2020 The U.S. equity market is set to return to normal trading hours after the Thanksgiving holiday; meanwhile, with the VIX index reaching its lowest level since January 2020. ThisContinue Reading
Dollar Weakens As The Treasury Yield Slumps
Written on November 28, 2023 at 8:42 am, by jonywang
U.S. long-term treasury yields have retraced to recent lows downside pressure on the U.S. dollar U.S. long-term treasury yields have retraced to recent lows, adding sparking discussions about the possibility of the Federal Reserve cutting rates next year; this has added downside pressure on the U.S. dollar, with the dollar index reaching its lowest levelContinue Reading