Monthly Archives: September 2023
An Introduction To The Financial Markets And Trading
Written on September 7, 2023 at 9:22 am, by jonywang
Financial trading refers to the buying and selling of financial instruments in the financial market, with the goal of generating profit from the price movements of these assets. It involves making decisions based on various factors, including market knowledge, market analysis and risk management strategies. What Are The Financial Market? A financial market refers toContinue Reading
Upcoming Data Releases Are Expected To Provide Insights Into The US Job Market
Written on September 7, 2023 at 9:22 am, by jonywang
The Week Ahead: Week of 3 July (GMT+3) Monday, 3 July, 17:00 – US ISM Manufacturing PMI (Jun) The manufacturing Purchasing Managers’ Index (PMI) in the United States has remained below the threshold of 50 for the sixth consecutive month, signalling contraction in the sector. The latest reading recorded a decline to 46.9 from theContinue Reading
Powell’s Hawkish Statement Boosts Dollar
Written on September 7, 2023 at 9:21 am, by jonywang
The Fed chief has jointly reaffirmed his determination to combat inflation, which has strengthened the dollar. The Fed chief, along with the Deputy Governor of the BoE and the Chair of ECB, have jointly reaffirmed their determination to combat inflation until it remains consistently within the targeted range. This Hawkish stance has contributed to theContinue Reading
