LucasApproaching the city of Moscow, why did Wagner suddenly turn around?On the evening of June 24 local time, Prigozhin, the founder of the Russian private military entity Wagner, posted a recorded statement on…Jun 26, 2023Jun 26, 2023
LucasPowell’s trip to Congress, what will he say?This week, Federal Reserve Chairman Jerome Powell will appear before the House and Senate of Congress to testify on the semi-annual…Jun 20, 2023Jun 20, 2023
LucasECB continues to raise interest rates by 25 bpsOn Thursday, the European Central Bank raised interest rates by 25 bps in its June interest rate resolution as expected. After this…Jun 16, 2023Jun 16, 2023
LucasFederal Reserve interest rate meeting foresightAfter 15 months, global financial markets are finally expected to usher in a “no-rate hike” Fed moment.Jun 14, 2023Jun 14, 2023
LucasInflation lower than expected, the Fed is likely to suspend interest rate hikesAccording to data released by the U.S. Bureau of Labor Statistics, the U.S. Consumer Price Index (CPI) rose 4% year-over-year in May, which…Jun 14, 2023Jun 14, 2023
LucasWill the Fed suspend rate hikes?The Fed will choose to “skip” a rate hike, but will be “open” to future rate hikes. This means that the Fed will choose not to raise rates…Jun 13, 2023Jun 13, 2023
LucasU.S. Initial Jobless Claims Data Released, Fed Suspends Rate Hike in June?On Thursday, the U.S. Department of Labor released its first jobless claims data. The data showed that the U.S. first-time jobless claims…Jun 9, 2023Jun 9, 2023
LucasEurozone Inflation Cools, but Rate Hikes to Continue in JuneAccording to Eurostat data, Eurozone PPI rose 1% year-on-year in April, compared to 5.5% previously. April PPI declined 3.2% YoY, compared…Jun 7, 2023Jun 7, 2023
LucasFed Continues to Raise Interest Rates in June?Data released by the U.S. Department of Labor showed that U.S. nonfarm payrolls grew sharply again in May, with employers adding 339,000…Jun 5, 2023Jun 5, 2023
LucasFed Minutes: Further Rate Hikes Still UncertainThe latest minutes released by the Federal Reserve show that Fed officials agreed to raise interest rates by 25 basis points at this…May 25, 2023May 25, 2023