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About: lishitong

Recent Posts by lishitong

How Is The Israel-Hamas War Affecting Oil And Gold Prices

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

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

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

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