About: jonywang
Recent Posts by jonywang
U.S. Dollar Eases Ahead Of Nonfarm Payroll
U.S. equity markets staged a rebound fueled by impressive earnings reports, and this positive sentiment spilled over to Asian markets U.S. equity markets staged a rebound fueled by impressive earnings reports, and this positive sentiment spilled over to Asian markets, including Hong Kong and China, which all opened on a positive note. However, the dollarContinue Reading
Written on February 20, 2024 at 2:11 am
Categories: Daily Market Analysis
Upbeat NFP Stimulates Dollar
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
Written on February 20, 2024 at 2:10 am
Categories: Daily Market Analysis
U.S. Dollar Remain Strong On Upbeat Economic Data
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
Written on February 20, 2024 at 2:09 am
Categories: Daily Market Analysis
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