Monthly Archives: February 2024
Hang Seng Stock Index Rebounds Strongly
Written on February 20, 2024 at 2:09 am, by jonywang
The Hang Seng Index has continued to show strength for the second consecutive session, with the Chinese government support. The Hang Seng Index has continued to show strength for the second consecutive session, with the Chinese government directing the China sovereign fund to provide support to the Chinese equity markets. In contrast, the U.S. equityContinue Reading
Fed’s Hawkish Tone Buoys The Dollar
Written on February 20, 2024 at 2:08 am, by jonywang
Several Fed officials have made consistent statements following last week’s interest rate decision and the disclosure of the Nonfarm Payroll. Several Fed officials have made consistent statements following last week’s interest rate decision and the disclosure of the Nonfarm Payroll. Jerome Powell and his colleagues have emphasised that the strength of the labour market andContinue Reading
Oil Prices Surge On Geopolitical Uncertainty
Written on February 20, 2024 at 2:06 am, by jonywang
Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East Oil prices surged by over 3% yesterday, driven by escalating tensions in the Middle East. Ceasefire talks took a gloomy turn as Israeli Prime Minister Benjamin Netanyahu rejected the Gaza deal, deeming it “delusional.” This geopolitical uncertainty in the MiddleContinue Reading
