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Monthly Archives: July 2024

Higher Tokyo CPI Bolsters BoJ Rate Hike Expectation

Written on July 26, 2024 at 6:39 am, by

Market Summary Wall Street continues to face downside risks, with the Nasdaq and S&P 500 sliding in yesterday’s session while the Dow Jones eked out a marginal gain. The small-cap Russell 2000 index remains on an upward trajectory, indicating capital rotation away from mega-cap stocks, tempered by AI jitters. The dollar index edged higher followingContinue Reading

Categories: Uncategorized

Yen Resurgence! Will Next BoJ Week Sustain the Rally?

Written on July 26, 2024 at 5:29 am, by

Tuesday, 30 July 2024, 16:00 – US CB Consumer Confidence (Jul) The U.S. Conference Board reported a slight decline in the US Consumer Confidence Index (CCI) for June 2024, dropping to 100.4 from 101.3 in May. This decline is primarily due to a fall in the Expectations Index, which decreased to 73.0 from 74.9. TheContinue Reading

Categories: Trading Basics

Yen Resurgence! Will Next BoJ Week Sustain the Rally?

Written on July 26, 2024 at 3:32 am, by

Tuesday, 30 July 2024, 16:00 – US CB Consumer Confidence (Jul) The U.S. Conference Board reported a slight decline in the US Consumer Confidence Index (CCI) for June 2024, dropping to 100.4 from 101.3 in May. This decline is primarily due to a fall in the Expectations Index, which decreased to 73.0 from 74.9. TheContinue Reading

Categories: Trading Basics

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