About: anakin
Recent Posts by anakin
US Stock Markets Make Gains as Tech and Financial Shares Rally
US stock markets experienced gains on Wednesday, with tech and financial shares leading the way, as investor risk appetite recovered from recent banking sector turmoil. The financial sector was hit hard by the collapse of three US banks this month but managed to rally on Wednesday, despite reports that the Federal Deposit Insurance Corp. wasContinue Reading
Written on March 30, 2023 at 3:15 am
Categories: Today's Analysis
US Equity Market Falls as Tech Stocks Decline and Investors Anticipate Inflation Data
On Tuesday, the US equity market took a slight hit as investors reassessed their bets on the Federal Reserve’s interest rate policies. The three-day advance of US stocks came to a halt as technology shares declined, while Treasuries saw a slight dip. Investors have been favoring tech stocks in recent weeks, moving away from financialsContinue Reading
Written on March 29, 2023 at 3:10 am
Categories: Today's Analysis
US Stocks Get Boost from Financial Shares as Tech Slumps: Banking Sector Continues to be Monitored
Financial stocks provided a much-needed boost to US stocks on Monday, with Treasuries retracting due to a decrease in concerns over banking turmoil. However, tech shares took a hit after experiencing a surge in the previous week. The purchase of Silicon Valley Bank by First Citizens BancShares Inc. caused a gauge of regional lenders toContinue Reading
Written on March 28, 2023 at 1:35 am
Categories: Today's Analysis
US Stock Market Gains Amid Financial Stability Assurances and Rate Cut Speculation
The US stock market closed higher on Friday after regulators assured investors of financial stability, while speculation grew that policymakers will have to consider a rate cut to prevent a recession. Amid concerns over the recent failure of some US regional lenders and the near-collapse of banking giant Credit Suisse Group AG, global authorities haveContinue Reading
Written on March 27, 2023 at 2:46 am
Categories: Today's Analysis
Week ahead: Markets to Focus on German Prelim CPI and US Core PCE Price Index
As the first quarter of 2023 draws to a close, many countries are gearing up to release some major economic data. The US is scheduled to publish its Consumer Confidence (CPI) and Core PCE Price Index reports, while Australia and Germany will be releasing their CPI data. With investors and traders globally eagerly waiting forContinue Reading
Written on March 27, 2023 at 2:45 am
Categories: Today's Analysis
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