Category Archives: Pu Daily Market Analysis
Pound Sterling Hammers by Softer Inflation Data
Written on July 20, 2023 at 6:21 am, by pugeditor
Last night, the dollar index surpassed $100 following the release of CPI data for both the UK and Eurozone; as the Sterling experienced a sharp drop of nearly 1%, while the euro also showed a slight decline. The CPI figures indicated that inflation in these regions is showing signs of moderating. Meanwhile, the U.S. dollarContinue Reading
U.S. Midterm Elections Ahead
Written on November 7, 2022 at 9:15 am, by wangwenshuai
What You Need to Know Asian markets are on the upsurge, especially the Hong Kong market, which climbed more than 11% in November. The Sterling will suffer as the BoE has turned its focus from inflation to saving its negative economic outlook, which will drive the market to sell off more pounds. Meanwhile, the U.S.Continue Reading
