About: lishitong
Recent Posts by lishitong
Credit Rating Agencies Threatens to Cut U.S. Rating
Fitch has threatened to lower the US’ AAA rating as the debt ceiling issue remains at an impasse Wall Street slid as well as the Asian stock markets as the worries over the debt ceiling escalated when the time was getting closer to the X-date. Meanwhile, the dollar strengthened to its highest level since MarchContinue Reading
Dollar Rises On Debt Ceiling Optimism And Hawkish Fed Tone
The dollar has its highest since March as Fed meeting participants lean hawkish even as punters expect a hike pause in June. Important this week: the Fed meeting minutes released on Wednesday and more updates on the U.S. debt ceiling talks. The minutes for the Fed’s May 2-3 meeting was released yesterday, with divergent opinionsContinue Reading
Trading Indices: Unveiling Market Potential
Understanding The Value Of Indices Trading Trading indices is known to be a valuable way for traders and investors to diversify their portfolios and gain exposure to a broad range of market segments. Indices, also referred to as stock market indices or index funds, are collections of assets or instruments that represent a particular segmentContinue Reading
