Monthly Archives: May 2024
Gold Surge on Soften Dollar
Written on May 16, 2024 at 2:03 am, by
Market Summary The Fed’s preferred inflation gauge, the Producer Price Index (PPI), was released yesterday, showing April PPI slightly above market consensus at 0.5%. Following the inflation data, Fed Chairman Jerome Powell reiterated that the U.S. central bank is likely to keep interest rates higher for longer to address persistently sticky inflation. Despite this, marketContinue Reading
Japan’s Long-term Treasury Yield Surge
Written on May 14, 2024 at 6:13 am, by
Market Summary In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow. These figures are critical as they could influence the Federal Reserve’s monetary policy. In the stock andContinue Reading
Japan’s Long-term Treasury Yield Surge
Written on May 14, 2024 at 6:13 am, by
Market Summary In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow. These figures are critical as they could influence the Federal Reserve’s monetary policy. In the stock andContinue Reading
