Monthly Archives: June 2023
Market Sideways Ahead Of U.S. CPI
Written on June 12, 2023 at 5:57 am, by lishitong
Dollar movement remains muted as investors await inflation data as well as the upcoming FOMC meeting The upcoming week is expected to be quite busy for investors, as significant events are anticipated to have a profound impact on the market. The U.S. Consumer Price Index (CPI) will be released on Tuesday, setting the stage forContinue Reading
Dollar Drops On Cooling U.S. Job Market
Written on June 9, 2023 at 5:48 am, by lishitong
High jobless claims have weighed on the dollar and thrown a wrench into the market outlook on the Fed’s hiking schedule U.S. initial jobless claims recorded the highest level since October 2021, confusing the market which previously speculated the Fed might follow the footstep of RBA and BoC to raise rates next week. The equityContinue Reading
Focus On The Upcoming Fed Interest Rate Decision
Written on June 9, 2023 at 3:07 am, by lishitong
The Week Ahead: Week of 12 June (GMT+3) Tuesday, 13 June, 15:30 – US CPI (MoM) (May) According to the previous Consumer Price Index (CPI), the United States witnessed a modest increase of 0.4% compared to last month’s 0.1%. The upcoming inflation data for May is anticipated to reveal a slight cooling of consumer pricesContinue Reading
