About: jonywang
Recent Posts by jonywang
Fed Faces Crucial Decisions
The Week Ahead: Week of 24 July (GMT+3) Tuesday, 25 July, 17:00 US CB Consumer Confidence (Jul) Despite the Federal Reserve’s efforts to curb inflation through interest rate hikes, the U.S. economy maintains positive performance. Consumer confidence reached its highest level in June, rising from 102.5 to 109.7. However, Dana Peterson, Chief Economist at TheContinue Reading
Written on September 7, 2023 at 9:19 am
Categories: Weekly Outlook
The Basics Of Fundamental Analysis
When formulating a trading strategy, traders employ various tools that can be broadly classified into two types of analysis methods: technical analysis and fundamental analysis. Although there are differing opinions on each approach, there is no definitive answer as to which trading strategy is “superior.” Each analysis method has its own advantages, and traders tendContinue Reading
Written on September 7, 2023 at 9:19 am
Categories: Trading Basics
What Will the Interest Rate Decisions from Major Central Banks Impact on the Global Market?
The Week Ahead: Week of 31 July (GMT+3) Tuesday, 25 July, 17:00 Tuesday, 1 August, 07:30 – AU RBA Interest Rate Decision (Aug) In July, the Reserve Bank of Australia chose to keep the rate unchanged with a current rate of 4.10%. The Reserve Bank of Australia’s (RBA) decision to pause rate left analysts andContinue Reading
Written on September 7, 2023 at 9:19 am
Categories: Weekly Outlook
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