About: anakin
Recent Posts by anakin
US stock market rebound after major market selloff during recession fears
US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.
Written on August 7, 2024 at 1:34 am
Categories: Today's Analysis
Tags: Stocks
Dividend Adjustment Notice – Aug 6,2024
Dear Client, Please note that the dividends of the following products will be adjusted accordingly. Index dividends will be executed separately through a balance statement directly to your trading account, and the comment will be in the following format “Div & Product Name & Net Volume ”. Please refer to the table below for moreContinue Reading
Written on August 6, 2024 at 9:51 am
Categories: Dividend
EURUSD rallies on weak US jobs data: Best day since November 2023
EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.
Written on August 6, 2024 at 8:25 am
Categories: Today's Analysis
Tags: Cable, Dollar, Forex
Strong yen brings down Japan Inc’s high-flying success
In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.
Written on August 6, 2024 at 7:10 am
Categories: Today's Analysis
Tags: Indices, Nikkei, Stocks, Yen
Rupee may drop to near 84/USD; RBI intervention likely
The Indian rupee is poised to weaken on Tuesday, with forecasts indicating it could reach an all-time low against the U.S. dollar. The non-deliverable forwards (NDF) market suggests that the rupee (USDINR) will open at 83.97-83.99 to the dollar, slipping past Monday’s close and lifetime low of 83.8450.
Written on August 6, 2024 at 5:44 am
Categories: Today's Analysis
Tags: Dollar, Forex, Rupee
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