About: jonywang
Recent Posts by jonywang
Equity Market Bolstered By Fed Rate Peak Speculation
Recent weak U.S. economic data, hinting at slowed growth and contained inflation, suggests the Federal Reserve might be near the end of its tightening cycle. Recent downbeat economic data from the U.S., which indicates a moderation in economic performance and contained inflation, has led the market to believe that the Federal Reserve is on theContinue Reading
Written on November 28, 2023 at 8:55 am
Categories: Daily Market Analysis
Risk-on Sentiment Sparks Equity Market
Nasdaq ascended to nearly a two-year high, driven by anticipation surrounding Nvidia’s upcoming report. US dollar has slid to its lowest point since September Recent market dynamics have seen a surge in risk-on sentiment, with global equities rallying fervently. The Nasdaq has ascended to nearly a two-year high, driven by heightened anticipation surrounding Nvidia’s upcomingContinue Reading
Written on November 28, 2023 at 8:54 am
Categories: Daily Market Analysis
Market Muted While Celebrating Thanksgiving
Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY). Amidst the Thanksgiving holiday, with the U.S. equity market closed, market observers anticipate subdued trading in the Dollar Index (DXY) and gold prices throughout the festive season. Concurrently, the trajectory of oil prices remains uncertain,Continue Reading
Written on November 28, 2023 at 8:45 am
Categories: Daily Market Analysis
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