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Monthly Archives: July 2024

Biden’s Election Withdrawal Bolstering Dollar?

Written on July 25, 2024 at 6:41 am, by

Market Summary Biden’s withdrawal from the upcoming U.S. presidential election has thrown a stun grenade into the market, with most asset classes standing pat as investors digest the event. The dollar remains poised at its high from last Friday, with expectations of strengthening as Trump’s advocacy may favor the greenback. Meanwhile, the U.S. equity marketContinue Reading

Categories: Daily Market Analysis

Wall Street Faces Headwind And Plummet

Written on July 25, 2024 at 6:28 am, by

Market Summary The U.S. job data released yesterday bolstered speculation of a September Fed rate cut. Initial Jobless Claims saw the biggest increase since May, suggesting the labor market in the U.S. is easing, and inflation is cooling as a result. Despite this, the dollar took a breather from its downtrend and found footing nearContinue Reading

Categories: Daily Market Analysis

Weekly Live Analysis Session

Written on July 25, 2024 at 6:22 am, by lucaszhang

Categories: Webinars

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