About: lishitong
Recent Posts by lishitong
Aussie Dollar Falls on U.S. PCE Data and Tariff Concerns
Fundamental Analysis * PCE Punch: The Australian dollar fell to a three-week low against the U.S. dollar after the release of U.S. PCE data and new tariff announcements from President Donald Trump. The proposed 10% tariff on Chinese imports adds to existing trade duties, raising concerns about potential retaliation from China, Australia’s largest trading partner.Continue Reading
Will NFP Stir the Pot Next Week?
Monday, 3 March 2025, 17:00 – US ISM Manufacturing PMI (Feb) The latest US ISM Manufacturing PMI, released in February 2025, rose to 50.9 for January, marking the first expansion in 26 months. The expansion was driven by a surge in new orders, increased production and employment stabilization, as reported by the Institute for SupplyContinue Reading
Euro Declines Under Tariff Pressure
Fundamental Analysis * Tariff Drag: The euro weakened against the dollar, falling below 1.0400 for the first time in nearly two weeks as concerns over potential U.S. tariffs on European goods continued to weigh on the currency. Shortly after confirming that the planned tariffs would take effect in April, U.S. President Donald Trump unexpectedly alteredContinue Reading
Gold Declines as Geopolitical Tension Fears Ease
Fundamental Analysis * Bullion Dip: Gold prices slipped against the dollar as geopolitical tensions eased after the U.S. unexpectedly sided with Russia in a UN vote. Marking the anniversary of Russia’s invasion, Ukraine proposed a resolution—backed by most Western nations—labeling Russia as the aggressor. However, Washington, along with Moscow and its allies, voted against it,Continue Reading
Crude Oil Fell on U.S. Economic Worries and Trump Tariffs
Fundamental Analysis * Trump Turmoil: West Texas Intermediate (WTI), the U.S. crude oil benchmark, continues to face selling pressure amid growing concerns over weaker energy demand and President Donald Trump’s tariff policies. Plans for higher tariffs have likely intensified inflation worries at the U.S. Federal Reserve (Fed), potentially strengthening the central bank’s resolve to maintainContinue Reading
