Monthly Archives: February 2024
Upbeat NFP Stimulates Dollar
Written on February 20, 2024 at 2:10 am, by jonywang
The robust U.S. Nonfarm Payroll report released last Friday, with a reading of 353k has significantly impacted the market The robust U.S. Nonfarm Payroll report released last Friday, with a reading of 353k, higher than the previous 333k, has significantly impacted the market. The data suggests that the U.S. labour market remains strong. In response,Continue Reading
U.S. Dollar Remain Strong On Upbeat Economic Data
Written on February 20, 2024 at 2:09 am, by jonywang
The dollar maintained its strength and continued to rise, propelled by robust economic data released yesterday. The dollar maintained its strength and continued to rise, propelled by robust economic data released yesterday. Higher-than-expected ISM PMI figures indicated ongoing strength in the U.S. economy despite elevated borrowing costs. The U.S. equity markets faced headwinds due toContinue Reading
Hang Seng Stock Index Rebounds Strongly
Written on February 20, 2024 at 2:08 am, by jonywang
The Hang Seng Index has continued to show strength for the second consecutive session, with the Chinese government support. The Hang Seng Index has continued to show strength for the second consecutive session, with the Chinese government directing the China sovereign fund to provide support to the Chinese equity markets. In contrast, the U.S. equityContinue Reading
