Yearly Archives: 2024
Wall Street Rallies on Dovish Fed’s Policy
Written on October 1, 2024 at 5:43 am, by
Market Summary Wall Street surged with strong bullish momentum after digesting the FOMC interest rate decision on Wednesday. All three major U.S. equity indexes saw significant gains, with the Nasdaq leading the charge, closing up by more than 2.5%. This tech-heavy index, sensitive to interest rate changes, is expected to catch up to the DowContinue Reading
Eyes on Today’s BoE Policy Decision
Written on October 1, 2024 at 5:38 am, by
Market Summary The Federal Reserve’s monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in the market, with the Dollar Index (DXY) fluctuating by over 1% during the event. However, as the rate cut had been largely priced in by the market,Continue Reading
Eyes on Today’s BoE Policy Decision
Written on October 1, 2024 at 5:38 am, by
Market Summary The Federal Reserve’s monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in the market, with the Dollar Index (DXY) fluctuating by over 1% during the event. However, as the rate cut had been largely priced in by the market,Continue Reading
