Monthly Archives: September 2023
Anticipated Economic Data For The Upcoming Week
Written on September 7, 2023 at 9:15 am, by jonywang
The Week Ahead: Week of 28 August (GMT+3) Tuesday, 29 August, 17:00 – US JOLTs Job Openings (Jul) The market had anticipated a June reading of 9.610 million, but the actual figure fell slightly short of expectations, registering at 9.582 million. Given the current tight labour market conditions, this reading is seen as remaining relativelyContinue Reading
Caixin Services PMI Shows China’s Economy Is Still Struggling
Written on September 7, 2023 at 9:15 am, by jonywang
China’s equity market dropped, influenced by the decline of Caixin Services PMI reading, underscoring persistent challenges in China’s ongoing economic recovery. Last night, US markets observed Labor Day celebrations, resulting in a subdued environment across asset classes, marked by sideways trading. Conversely, China’s equity market experienced a morning session decline. The catalyst was a CaixinContinue Reading
How To Invest In And Trade Gold
Written on September 7, 2023 at 9:15 am, by jonywang
Gold has been used as a store of value for thousands of years. Even today, it remains a highly liquid asset, with hundreds of billions worth traded every day. Content: What Is Gold? What Affects The Price Of Gold? Why Invest In And Trade Gold? How To Start Trading Gold? How To Read And AnalyseContinue Reading