Yearly Archives: 2023
Oil Remains Strong On OPEC Outlook
Written on September 13, 2023 at 5:20 am, by lishitong
Oil prices continued their upward trend driven by the OPEC monthly report forecasting a 3.3 million barrel per day shortfall in the 4th quarter. The dollar index remained stable near $104.5 as the market awaited the release of U.S. CPI data, causing fluctuations in the equity and gold markets due to speculation about a potentialContinue Reading
Wall Street Closes Higher Ahead Of CPI
Written on September 12, 2023 at 5:56 am, by lishitong
Wall Street closed higher before the release of the U.S. Consumer Price Index (CPI) scheduled for Wednesday at 15:30 (GMT+3). Bank of Japan (BoJ) Governor Ueda’s hawkish statements over the weekend have contributed to the strength of the Japanese Yen during the Asian morning session. Ueda mentioned that the Japanese Central Bank may have enoughContinue Reading
What Is The Pair Trading Strategy And How Does It Work
Written on September 12, 2023 at 5:22 am, by lishitong
Pair trading is a versatile investment strategy that allows traders to take advantage of the relative price movements between two correlated financial assets. Whether you’re a beginner looking to understand the basics or an advanced trader seeking more sophisticated techniques, this comprehensive guide will walk you through the various aspects of pair trading and provideContinue Reading
