About: lishitong
Recent Posts by lishitong
Pound Weakens as US PPI Records Modest Growth
Fundamental Analysis * PPI Power-Up: The pound sterling which traded against the dollar, reversed its gains and turned negative after the release of U.S. PPI data. The report showed annual headline U.S. PPI rising to 3.3%, higher than November’s 3.0% but slightly below the 3.4% forecast. Core PPI, which excludes the volatile food and energyContinue Reading
USD/CHF Climbs on Strong U.S. Dollar and Upbeat Jobs Report
Fundamental Analysis * Payroll Surge: The USD/CHF pair extends its gains in early trading, buoyed by a stronger dollar following Friday’s upbeat U.S. jobs report. The Greenback’s momentum is fueled by December’s Nonfarm Payrolls (NFP) data, which showed a net job addition of 256K, surpassing the forecast of 160K, despite a slight downward revision ofContinue Reading
Oil Prices Spike Amid U.S. Sanctions
Fundamental Analysis * Sanction Shockwave: Oil prices climbed to their highest levels in over three months at Monday’s open, extending their upward trend as investors anticipated that expanded U.S. sanctions would disrupt Russian crude exports to major buyers like China and India. The U.S. Treasury announced on Friday sanctions targeting Russian oil producers Gazprom NeftContinue Reading
Will CPI Spark a Shift? All Eyes on US Inflation Next Week!
Tuesday, 14 January 2025, 15:30 – US PPI (MoM) (Dec) The U.S. Producer Price Index (PPI) for November 2024, published on December 12, 2024, showed a 0.4% increase from the previous month, exceeding economists’ expectations of 0.2% and surpassing the 0.3% rise seen in October. While service prices saw a modest 0.2% increase, the sharpContinue Reading
New Zealand Dollar Weakens Amid China Deflation Concerns
Fundamental Analysis * Deflation Drag: The New Zealand Dollar continues to struggle against the U.S. Dollar, as a firmer greenback and concerns over deflation in China weigh on the Kiwi. In the U.S., Federal Reserve officials have adopted a cautious stance this year, citing inflation risks and uncertainties under the Trump administration, which lends supportContinue Reading
