Monthly Archives: February 2024
Raving Sentiment in the U.S. Stock Markets
Written on February 23, 2024 at 6:49 am, by jonywang
The U.S. stock markets, particularly the Nasdaq, have experienced a significant surge, reaching record high levels, largely driven by Nvidia’s impressive earnings report. The U.S. stock markets, particularly the Nasdaq, have experienced a significant surge, reaching record high levels, largely driven by Nvidia’s impressive earnings report, which signals a positive outlook for the technology sector.Continue Reading
China Cuts Mortgage Rate To Revive Property Market
Written on February 23, 2024 at 6:48 am, by jonywang
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
Dollar Holds Steady, All Eyes On US GDP Release
Written on February 20, 2024 at 3:25 am, by jonywang
Amidst positive US economic indicators, the Dollar Index remains stable, dampening expectations for a Federal Reserve rate cut. Amidst positive US economic indicators, the Dollar Index remains stable, dampening expectations for a Federal Reserve rate cut. Robust US equity markets, fueled by strong corporate results, counter rising Treasury yields. Gold faces downward pressure due toContinue Reading
