UOB facing a steep fall after FED suddenly raise interest rate by 0.5%.
The 2nd phase falls seem to be long and steep. Although falling, there seems to be many bullish bar which suggest many investors are still buying the banks. However, the bear seem to be so much stronger today as the bearish bar was much bigger than the last 2 days.
US inflation looks poised to rise in the future.
-
The latest 1-year inflation expectation had spiked to 3.8%.
This spike could be caused by the Iran war and the US consumers were
expecting higher inflatio...
2 hours ago

No comments:
Post a Comment