Monthly Archives: September 2023
Powell’s Hawkish Statement Boosts Dollar
Written on September 7, 2023 at 9:22 am, by jonywang
The Fed chief has jointly reaffirmed his determination to combat inflation, which has strengthened the dollar. The Fed chief, along with the Deputy Governor of the BoE and the Chair of ECB, have jointly reaffirmed their determination to combat inflation until it remains consistently within the targeted range. This Hawkish stance has contributed to theContinue Reading
Awaiting The RBNZ And BoC Interest Rate Decisions
Written on September 7, 2023 at 9:21 am, by jonywang
The Week Ahead: Week of 10 July (GMT+3) Tuesday, 11 July, 09:00 – EU German CPI (MoM) (Jun) The June preliminary release of the Consumer Price Index (CPI) in Germany increased by 0.3% compared to the previous month. This persistent rise indicates that the country still has a significant challenge ahead in combating inflation. Wednesday,Continue Reading
The Main Market Categories
Written on September 7, 2023 at 9:21 am, by jonywang
Bullion Bullion refers to the physical gold and silver of high purity. The demand for bullion isn’t driven only by their practical use, but also by their role as investments and a store of value. Paper currencies come with all sorts of problems, like the risk of inflation in times of political and economic turmoil.Continue Reading
