Monthly Archives: September 2023
U.S. Economic Data Continue To Dampen Dollar’s Strength
Written on September 7, 2023 at 9:18 am, by jonywang
Downbeat U.S. economic data continue to hammer the dollar and is struggling to hold above $103 trajectory The United States continues to release disappointing economic data, leading to a further weakening of the dollar’s strength. The labour market’s cooling trend is evident as the ADP Nonfarm Employment Change figures declined to 177k, a significant dropContinue Reading
U.S. Economic Data Continue To Dampen Dollar’s Strength
Written on September 7, 2023 at 9:18 am, by jonywang
Downbeat U.S. economic data continue to hammer the dollar and is struggling to hold above $103 trajectory The United States continues to release disappointing economic data, leading to a further weakening of the dollar’s strength. The labour market’s cooling trend is evident as the ADP Nonfarm Employment Change figures declined to 177k, a significant dropContinue Reading
Insights on Major Country Economies and Inflation
Written on September 7, 2023 at 9:18 am, by jonywang
The Week Ahead: Week of 7 August (GMT+3) Tuesday, 8 August, 09:00 – EU German CPI (MoM) (Jul) In June, inflation rebounded, rising by 0.3% month-on-month, matching the preliminary figure. Currently, the market is anticipating the preliminary release of Germany’s Consumer Price Index (CPI) for July to stay at 0.3%. Following the ECB’s rate hikeContinue Reading
