About: lishitong

Recent Posts by lishitong

Dollar Plunges on Treasury Yield Surge

The US dollar experienced a decline of over 0.5% as the US long-term bond yield touched the 5% mark. Hamas militants freed 2 hostages while Israel delayed a ground attack and provided relief from the heightened tension in the Middle East region. Meanwhile, China’s surprising affirmation of Israel’s right to self-defence injected optimism into globalContinue Reading

Written on October 24, 2023 at 5:14 am

Categories: Daily Market Analysis

How Do Contrarian Traders Use A Contrarian Trading Strategy

contrarian traders analysing stock market for trading

In the dynamic world of financial markets, a contrarian trading strategy could provide an intriguing approach for traders and investors. Contrarian traders challenge the prevailing market sentiment and seek trading opportunities when others are pessimistic or overly optimistic. By going against the crowd, these savvy investors aim to profit from market reversals. In this article,Continue Reading

Written on October 23, 2023 at 6:20 am

Categories: Trading Blog, Trading Knowledge

Middle East Conflict De-escalation Eases Gold Prices

Israel’s decision to halt its ground invasion of Gaza has temporarily eased Middle East tensions. Amid diplomatic efforts to calm the Middle East conflict, Israel’s decision to halt its ground invasion on Gaza has momentarily eased tensions. Oil prices faced resistance at $90, leading to a decline since last Friday, while gold prices encountered sellingContinue Reading

Written on October 23, 2023 at 5:26 am

Categories: Daily Market Analysis

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