About: anakin
Recent Posts by anakin
Market flat as traders await Jerome Powell’s Speech
US stocks edged lower on Tuesday, regaining upside traction and paring most of their daily losses with traders unwilling to make big bets ahead of Jerome Powell’s speech Wednesday. Jerome Powell is expected to cement expectations the Fed will slow its pace of hikes next month and remind investors that its fight against inflation willContinue Reading
Investors worried about slowing global economy
US stocks declined sharply on Monday, witnessing heavy selling and were dragged down by safe-haven demand as investors were concerned about a global slowing economy and the spread of coronavirus in China. Investors’ sentiment soured as Federal Reserve officials stressed that more rate hikes are coming, as New York Fed President John Williams on MondayContinue Reading
Week ahead: Rise in US employment could signify better health in the labour market
The US Department of Labor reported that non-farm payrolls rose by 261,000 last month, more than economists had forecasted. The increase in hiring was driven by more people entering the labour force. Meanwhile, private payrolls rose by 239,000 in October according to a report from ADP, with the leisure and hospitality industry seeing the mostContinue Reading
Economic data eased inflation concerns
US stocks were little changed on Friday, having a shortened trading session following the US Thanksgiving holiday amid the prospect of the Federal Reserve moderating the pace of its policy tightening. Investors’ sentiment was boosted this week after the Federal Reserve’s Nov. 1-2 meeting minutes showed most officials backing slowing the pace of interest-rate hikes.Continue Reading
Notification of Server Upgrade – November 25, 2022
Dear Client, As part of our efforts to improve your trading experience, our platform will be undergoing server maintenance this weekend. Maintenance Hours : 26/11/2022 02:00 – 19:00 (Server time) Please take note of the following during maintenance: 1. Certain features (e.g. Price Quote feature) on the Client Portal will be temporarily unavailable. 2. YouContinue Reading
