Jerry Lin
The Latest
-
Oil Prices Dip Amid China's Trade Data and Rising Dollar, Market Eyes Inflation Reports
Oil prices experienced a decline on Monday, continuing the downward momentum seen last week, influenced by market anticipation of forthcoming inflation figures. The West Texas Intermediate (WTI) contract for April saw a reduction of 40 cents, settling at $77.61 a barrel, whereas the Brent contract for May witnessed a 35-cent decrease to $81.73 a barrel, as reported by CNBC. 
Oil prices experienced a decline on Monday, continuing the downward momentum seen last week, influenced by market anticipation of forthcoming inflation figures. The West Texas Intermediate (WTI) contract for April saw a reduction of 40 cents, settling at $77.61 a barrel, whereas the Brent contract for May witnessed a 35-cent decrease to $81.73 a barrel, as reported by CNBC. -
Gold Maintains Stability as Markets Anticipate US Inflation Data, Silver Poised for Spotlight
Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments. 
Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments. -
Japan's Economy Grows 0.4% in Q4 2022, Avoiding Technical Recession as Capital Expenditure Jumps
Japan averted a technical recession as revised official data released on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. However, the upward revisions were weaker than estimated, with private consumption remaining weak. 
Japan averted a technical recession as revised official data released on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. However, the upward revisions were weaker than estimated, with private consumption remaining weak. -
Bitcoin Soars to Record High Above $71,000 as UK Allows Crypto-Backed Exchange-Traded Notes
Bitcoin prices surged to a new all-time high on Monday, crossing the $71,000 mark after the U.K.'s financial watchdog announced it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time. 
Bitcoin prices surged to a new all-time high on Monday, crossing the $71,000 mark after the U.K.'s financial watchdog announced it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time. -
Gold Hits Record High Amid U.S. Jobs Data and Fed Rate Cut Speculation
Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy 
Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy -
Bitcoin's Record Surge to $70,000 Marked by Volatility and Investor Optimism
Bitcoin surged to an unprecedented high, momentarily breaking the $70,000 barrier, a milestone that underscores the cryptocurrency's dramatic and unpredictable trading patterns. 
Bitcoin surged to an unprecedented high, momentarily breaking the $70,000 barrier, a milestone that underscores the cryptocurrency's dramatic and unpredictable trading patterns. -
U.S. Economy Adds 275,000 Jobs, Unemployment Ticks Up to 3.9%
The US economy outperformed expectations in February by adding 275,000 nonfarm payroll jobs, surpassing the 198,000 jobs economists had projected. This surge in job creation, however, was accompanied by an uptick in the unemployment rate to 3.9% from January's 3.7%, marking the first rise in four months and signaling a potential softening in the labor market. 
The US economy outperformed expectations in February by adding 275,000 nonfarm payroll jobs, surpassing the 198,000 jobs economists had projected. This surge in job creation, however, was accompanied by an uptick in the unemployment rate to 3.9% from January's 3.7%, marking the first rise in four months and signaling a potential softening in the labor market. -
Egypt Floats Currency, Hikes Interest Rates, and Secures $8 Billion IMF Deal
Egypt has taken significant steps to stabilize its economy by floating its currency and agreeing to an expanded $8 billion deal with the International Monetary Fund (IMF), mere hours after the central bank unshackled the pound and delivered a massive 600 basis points interest rate hike. 
Egypt has taken significant steps to stabilize its economy by floating its currency and agreeing to an expanded $8 billion deal with the International Monetary Fund (IMF), mere hours after the central bank unshackled the pound and delivered a massive 600 basis points interest rate hike. -
Powell Reinforces Fed's Stance on Delaying Rate Cuts Until Inflation Moves Sustainably Toward 2%
Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. 
Powell struck a balanced tone, acknowledging the economy's resilience while underscoring the need for further data to confirm a sustainable path toward the Fed's 2% inflation target. -
ADP Reports Slight Miss in February Private Payroll Growth, Amid Economic Scrutiny
The addition of 140,000 jobs last month marked an improvement from January's upwardly revised count of 111,000 but did not reach the Dow Jones forecast of 150,000. 
The addition of 140,000 jobs last month marked an improvement from January's upwardly revised count of 111,000 but did not reach the Dow Jones forecast of 150,000.
