Monthly Archives: September 2023
Oil Prices Gain On OPEC+ Supply Cuts Extension
Written on September 6, 2023 at 6:09 am, by lishitong
Dollar continues to edge higher, amid rising US Treasury yields. Oil prices surge as investors anticipate OPEC+ might extend its oil supply cut. The Dollar index has surged to its highest level since March, while the Dow Jones index closed lower for the third consecutive session. Several Federal Reserve governors have expressed support for raisingContinue Reading
What Are The Risk Differences Between Indices and Stock Trading?
Written on September 5, 2023 at 7:18 am, by lishitong
Indices Trading Is Different From Stock Trading When it comes to trading, two popular options are stocks and indices. While they may seem similar at first glance, there are significant differences between the two that investors should be aware of. In this article, we will explore the factors that can affect the level of risksContinue Reading
Caixin Services PMI Shows China’s Economy Is Still Struggling
Written on September 5, 2023 at 6:07 am, by lishitong
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
