Monthly Archives: September 2023
Global Country Interest Rates And GDP Trends Analyzed
Written on September 7, 2023 at 9:14 am, by jonywang
The Week Ahead: Week of 4 September (GMT+3) Tuesday, 5 September, 07:30 – AU RBA Interest Rate Decision (Sep) With inflation slowing from 5.4%in June to 4.9% in July, the RBA has opted to maintain its interest rate at 4.1%. This decision allows the central bank to evaluate the effects of previous rate hikes andContinue Reading
Oil Prices Gain on OPEC+ Supply Cuts Extension
Written on September 7, 2023 at 9:14 am, by jonywang
Dollar continues to edge higher, amid rising US Treasury yields. Oil prices surge as investors anticipate OPEC+ might extend its oil supply cut. The Dollar index has surged to its highest level since March, while the Dow Jones index closed lower for the third consecutive session. Several Federal Reserve governors have expressed support for raisingContinue Reading
Dollar Strengthens on Fed Outlook
Written on September 7, 2023 at 9:13 am, by jonywang
The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. The Dollar index has traded steadily at around the $105 level as the market anticipates further monetary tightening by the Federal Reserve. Short-term U.S. bond yields have surged past 5%, while downward pressureContinue Reading
