Monthly Archives: May 2023
Dollar Rises On Debt Ceiling Optimism And Hawkish Fed Tone
Written on May 25, 2023 at 5:54 am, by lishitong
The dollar has its highest since March as Fed meeting participants lean hawkish even as punters expect a hike pause in June. Important this week: the Fed meeting minutes released on Wednesday and more updates on the U.S. debt ceiling talks. The minutes for the Fed’s May 2-3 meeting was released yesterday, with divergent opinionsContinue Reading
Trading Indices: Unveiling Market Potential
Written on May 24, 2023 at 9:51 am, by lishitong
Understanding The Value Of Indices Trading Trading indices is known to be a valuable way for traders and investors to diversify their portfolios and gain exposure to a broad range of market segments. Indices, also referred to as stock market indices or index funds, are collections of assets or instruments that represent a particular segmentContinue Reading
U.S. Debt Ceiling Remains At An Impasse
Written on May 24, 2023 at 6:01 am, by lishitong
The Biden-McCarthy meeting on the debt-limit bill has yet to yield any deal to avert a catastrophic U.S. default, with U.S. Treasury secretary warning that the country will run out of cash in June. Market sentiment worsened as the White House has no more meetings planned; and gold prices have rebounded due to heightened risk-offContinue Reading
