About: lishitong

In a staunch show of strength, the dollar advances due to the market consensus towards the Fed maintaining elevated interest rates to combat persistent inflation. In a staunch show of strength, the dollar advances, driving the dollar index towards $107, bolstered by the Federal Reserve’s recent communication. The market consensus leans heavily towards the FedContinue Reading

The dollar index held steady, while U.S. treasuries maintained robust levels when the threat of a U.S. government shutdown was averted. Global equity markets surged on the heels of reassuring news: the threat of a U.S. government shutdown was averted, instilling confidence across the board. Although tempered after breaching the $106 threshold, the dollar indexContinue Reading

US Dollar pulled back as investors took profits. Attention now turns to the upcoming PCE Price Index release for insights into US inflation The U.S. dollar, which had reached its peak since December, experienced a decline following yesterday’s release of U.S. economic data that failed to meet projections. Disappointing figures in the U.S. GDP priceContinue Reading

The Week Ahead: Week of 3 October (GMT+3) Tuesday, 3 October, 06:30 – AUD RBA Interest Rate Decisions (Oct) After two consecutive months of unchanged interest rates, economists believe this pause is meant to assess the impact of previous rate increases on the country’s economy. As the results show, the country’s inflation is slowing down,Continue Reading

US Treasury yields continue to hit high levels, buoying by rate hikes expectations from the Federal Reserve. Gold dipped into six-and-a-half month low. The U.S. dollar continues its relentless ascent, fueled by soaring Treasury yields and expectations of Federal Reserve rate hikes. Recent data, including a robust uptick in U.S. Core Durable Goods Orders, furtherContinue Reading