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Trade tensions ease, dollar index fluctuates
The U.S. dollar index fluctuated in Asian trading on Monday, after rising on Friday but recording weekly losses against the Swiss franc and Japanese yen last week amid worries about trade tensions and jitters among some regional U.S. banks. The U.S. federal go...
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A collection of good and bad news affecting the foreign exchange market
Good news: The probability of the Federal Reserve cutting interest rates has soared: On October 20, the Financial Associated Press cited CME‘s "Fed Watch" data to show that the probability of the Federal Reserve cutting interest rates by 25 basis points in Oct...
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A large number of Democratic Party projects will be frozen, trade tensions ease,
In terms of basic news, on Monday (October 20, Beijing time), spot gold was trading around US$4,250 per ounce. The price of gold fell by nearly 2% last Friday after hitting a record high of US$4,379.38 per ounce. It was suppressed by the strength of the US dol...
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Powell releases pigeons? The balance sheet reduction is about to end, and the ma
With Trump‘s comments on Friday easing anxiety about trade tensions and a rebound in regional bank stocks, Wall Street finally saw a red finish to the stock market after a jittery week. Bonds, gold and silver fell in response. On Friday, the two-year U.S. Trea...
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Preview of major global market data next week
Next week (October 18-24), although there is still a risk of missing some data due to the U.S. government shutdown, multiple sets of global heavyweight economic data, intensive speeches by central bank officials, and high-profile international conferences will...
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European Banking doves are back again, analysis of the short-term trends of spot
Global Market Overview 1. European and American market conditions: The three major futures indexes all fell, with the Dow futures falling 0.77%, the S&P 500 futures falling 1.05%, and the Nasdaq futures falling 1.23%. Major European stock indexes fell across t...
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The U.S. dollar continues to slide, and gold retreats from all-time highs
Gold‘s impressive rally remained uninterrupted on October 17, with the precious metal surging to an all-time high well above $4,300. Meanwhile, the U.S. dollar continues to weaken against other currencies amid uncertainty over U.S.-China relations and the ongo...
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The U.S. dollar index continues its decline as concerns about credit market risk
On October 17, spot gold was trading around US$4,320.62 per ounce. Gold prices continued to hit record highs on Thursday, approaching US$4,380 per ounce. As trade tensions intensified and the U.S. government shut down, investors flocked to gold as a safe haven...
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