About: luna
Recent Posts by luna
Scott Bessent of the US Treasury indicated that the economic effects of the government shutdown are deteriorating
US federal shutdown strains economy, while inflation eases; US Dollar gains amid shifting Federal Reserve monetary policy.
In the early Asian session, the USD/JPY pair rises above 153.50 due to rate hike uncertainty
USD/JPY rises as BoJ hesitates on rate hike; Japan eyes $65B stimulus, US sentiment weakens.
The National Bureau of Statistics of China reported a 0.2% increase in CPI inflation year-on-year
China’s CPI rose 0.2% year-on-year in October, while PPI declined 2.1%, indicating stabilizing inflation.
The S&P 500 exhibited a classic rebound, instilling fear of missing out in some traders
S&P 500 rebounds amid FOMO; gold nears $4,000; dollar weakens; traders watch yields and shutdown.
China’s Producer Price Index for October surpassed forecasts, recording a year-on-year decline of -2.1%
China’s PPI declines less than expected; markets respond with gains in GBP, gold, and Dogecoin prices.
