About: anakin
Recent Posts by anakin
Gold prices flat as rate cut hopes dim on US inflation data
Gold prices steady as US inflation data dampens hopes for a larger Fed rate cut. Explore the implications for gold traders and upcoming economic indicators.
Written on August 15, 2024 at 6:37 am
Categories: Today's Analysis
Tags: Gold, Precious Metals
Nikkei rises on strong economic growth and positive U.S. signals
Japan’s Nikkei index showed a strong performance on Thursday, rising by 1% to reach 36,808.75 by midday. This positive movement was largely driven by new data showing that Japan’s economy grew faster than expected in the second quarter, with an annualised growth rate of 3.1%.
Written on August 15, 2024 at 6:23 am
Categories: Today's Analysis
Tags: Nikkei, Stocks, Yen
Wheat prices surge as the Russian attack on Ukraine raises supply concerns
Wheat prices surged nearly 2% after Russia’s missile strike on Ukraine’s Odesa port, with further support from lower wheat output in France. Explore market implications and short-term trader insights.
Written on August 15, 2024 at 6:10 am
Categories: Today's Analysis
Tags: Commodities
Australian dollar gets jobs boost, Kiwi feels rate pain
The Australian dollar (AUD) experienced a modest uplift on Thursday, touching $0.6609, following an unexpected surge in employment figures. The 58,200 jobs added in July far surpassed market forecasts of a 20,000 gain, indicating a resilient labour market despite broader economic challenges.
Written on August 15, 2024 at 6:04 am
Categories: Today's Analysis
Tags: Aussie, Dollar, Forex, Kiwi
Google may break up as the US DOJ weighs options
Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.
Written on August 14, 2024 at 9:37 am
Categories: Today's Analysis
Tags: Indices, Stocks
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