Monthly Archives: June 2023
Russia Mutiny Spurs Risk-Off Sentiment
Written on June 26, 2023 at 5:51 am, by lishitong
The rule of Russian President Vladimir Putin, is facing a significant challenge as the Wagner mercenary group advances towards Moscow. The rule of Russian President Vladimir Putin, who has held power for 23 years, is facing a significant challenge as the Wagner mercenary group advances towards Moscow. This development has caused concerns in the globalContinue Reading
BoE Surprises With 50 Bps Rate Hike
Written on June 23, 2023 at 6:14 am, by lishitong
Hike expectations have also increased across other central banks as the focus shifts back to inflation Markets have increased the probability of the Federal Reserve raising interest rates, a sentiment also applied to other major central banks worldwide, including those of the U.K, Switzerland, and Norway. Furthermore, U.S. Treasury Secretary Janet Yellen supports the Fed’sContinue Reading
High Inflation Across Multiple Countries: A Focus On Upcoming Significant Data
Written on June 23, 2023 at 2:22 am, by lishitong
The Week Ahead: Week of 26 June (GMT+3) Tuesday, 27 June, 17:00 – US CB Consumer Confidence (Jun) Ahead of the anticipated release of the U.S. CB Consumer Confidence data, the University of Michigan has published the Consumer Sentiment Index for the United States. It shows a monthly increase of 7.9% from 59.2 to 63.9Continue Reading
