Monthly Archives: November 2023
Risk-on Sentiment Sparks Equity Market
Written on November 28, 2023 at 8:53 am, by jonywang
Nasdaq ascended to nearly a two-year high, driven by anticipation surrounding Nvidia’s upcoming report. US dollar has slid to its lowest point since September Recent market dynamics have seen a surge in risk-on sentiment, with global equities rallying fervently. The Nasdaq has ascended to nearly a two-year high, driven by heightened anticipation surrounding Nvidia’s upcomingContinue Reading
Dollar Drops On Dovish FOMC Minutes
Written on November 28, 2023 at 8:51 am, by jonywang
Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. In a much-anticipated earnings release, Nvidia’s quarterly report beat expectations; however, the company’s share prices dropped about 2% after the closing bell. This unexpected downturn interrupted the recent winning streak in U.S. equity markets, dampening hopes for aContinue Reading
Oil Prices Declines On OPEC Delay Meeting
Written on November 28, 2023 at 8:47 am, by jonywang
The scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices In an unexpected turn of events, the scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices. ThisContinue Reading
