About: jonywang
Recent Posts by jonywang
Fed’s Tightening Policy Remain, Meeting Minutes Shows
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
Written on February 23, 2024 at 6:49 am
Categories: Daily Market Analysis
Raving Sentiment in the U.S. Stock Markets
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
Written on February 23, 2024 at 6:49 am
Categories: Daily Market Analysis
China Cuts Mortgage Rate To Revive Property Market
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
Written on February 23, 2024 at 6:48 am
Categories: Daily Market Analysis
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