Monthly Archives: October 2023
How Is The Israel-Hamas War Affecting Oil And Gold Prices
Written on October 11, 2023 at 6:05 am, by lishitong
What Is The Israel-Hamas War About? The Gaza-Israel conflict, commonly referred to as the Israeli-Palestinian conflict, is a protracted dispute between Israel and the Palestinian organisation Hamas. The conflict has gone on tumultuously for decades, but Hamas decided to launch an unprecedented attack against Israel on 7 October by deploying armed troops and thousands ofContinue Reading
Dollar Softens Ahead Of FOMC Meeting Minutes
Written on October 11, 2023 at 5:30 am, by lishitong
US Dollar tumbled ahead of several crucial market events, including CPI, PPI as well as FOMC Meeting Minutes Investors navigated a cautious market terrain as more Federal Reserve officials echoed dovish sentiments, indicating the necessity of maintaining rates at a restrictive level to curb inflation. Anticipation mounts ahead of the September FOMC meeting minutes, expectedContinue Reading
Dollar Softens On Fed’s Dovish Tone
Written on October 10, 2023 at 6:01 am, by lishitong
The dollar index lost momentum following a dovish tone from Federal Reserve officials. In a surprising turn, the dollar index lost its momentum following a markedly dovish tone from Federal Reserve officials, igniting widespread speculation that the central bank might maintain interest rates through 2023’s end. This sentiment shift occurred amidst rising Treasury yields andContinue Reading
