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About: lishitong

Recent Posts by lishitong

Markets Cautious Ahead of Earnings Season

Equities are muted as markets await the expected volatility of the earnings season US index futures cautiously climbed during the Asian market session, signalling investors’ apprehension ahead of the upcoming earnings season. Against the backdrop of growing concerns over economic slowdown and the possibility of further rate hikes, market volatility is expected to remain high,Continue Reading

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Alibaba to roll out AI Tech to rival ChatGPT

Alibaba Cloud has unveiled its AI chatbot, Tongyi Qianwen The Chinese tech giant, Alibaba Cloud, unveiled an AI-driven chatbot  Tongyi Qianwen that will gradually become available across all Alibaba products, from enterprise communication to e-commerce, in the coming period. The chatbot will possess Chinese and English language capabilities and will be initially deployed on DingTalkContinue Reading

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Rate Hike Expectations Falter as PPI Plummets 

The US Producer Price Index came in lower than expected The US Federal Reserve’s rate hike expectations have continued to wane amid a flurry of lacklustre economic data. The latest blow to inflationary pressures came from the Producer Price Index (PPI) released by the Bureau of Labor Statistics, which displayed a significant drop in annualisedContinue Reading

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US Dollar Dips as Inflation Falls Short. 

US Treasury yields and the Greenback dipped as investors recalibrated their expectations for rate hikes following the release of March’s Consumer Price Index (CPI), which came in below the market consensus. This unexpected dip in inflation triggered a surge in the prices of non-yielding assets such as gold and crude oil, as the weakening ofContinue Reading

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Gold Surges Past 2010 as Inflation Shows Signs of Slowing

On Wednesday, 12 April, the U.S. CPI data was released, showing that March’s headline inflation in the U.S. slowed more than anticipated, with the year-on-year number showing a drop from 6.0% in February to 5.0% in March; lower than the expected 5.2%. The monthly rate decreased to 0.1% from 0.4%, which was lower than theContinue Reading

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Giảm giá 20% cho bất kỳ Thách thức nào. Sử dụng Mã: EG20

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