Monthly Archives: January 2024
All Eye On U.S. PCE Data
Written on January 26, 2024 at 6:59 am, by jonywang
The U.S. equity markets continue to surge, propelled by a rally in tech stocks, notably led by Nvidia—the world’s largest chip maker. The U.S. equity markets continue to surge, propelled by a rally in tech stocks, notably led by Nvidia—the world’s largest chip maker. Optimistic earnings outlooks from Nvidia suggest that the industry is outperformingContinue Reading
U.S. Equity Markets Trade At All-Time High
Written on January 24, 2024 at 6:24 am, by jonywang
U.S. equity markets saw upward momentum, driven by a rally in tech stocks. The U.S. dollar maintained a sideways trajectory as market participants awaited more cues from the U.S. Personal Consumption Expenditures (PCE) data that is due on Friday. Investors are keenly observing developments that could provide insights into the upcoming monetary policy stance ofContinue Reading
U.S. Dollar Edges Higher Ahead Of GDP
Written on January 24, 2024 at 6:22 am, by jonywang
In the financial markets, the U.S. long-term treasury yield held firm above 4.1%, contributing to a slight uptick in the U.S. dollar’s value on the previous day. In the financial markets, the U.S. long-term treasury yield held firm above 4.1%, contributing to a slight uptick in the U.S. dollar’s value on the previous day. InvestorsContinue Reading
