About: anakin
Recent Posts by anakin
Yen dips as Nikkei rises, central bank meetings near
Key points: On Monday, the yen ticked lower, easing to 154.24 yen against the dollar early in the Asian trading day, a 0.29% rise for the dollar after the yen’s recent surge to 151.945, its strongest in 12 weeks. This shift comes after the yen’s remarkable performance last week, where it gained 2.36% against theContinue Reading
Written on July 29, 2024 at 6:40 am
Categories: Today's Analysis
Tags: Forex, Indices, Nikkei
Rupee likely to stay near record lows due to high dollar demand
The Indian rupee faces renewed pressure this week, with traders expecting it to stay near its record low against the U.S. dollar. The rupee closed last week at 83.7275, its weakest level ever, and non-deliverable forwards suggest it will open around 83.71-83.72 per dollar on Monday.
Written on July 29, 2024 at 6:18 am
Categories: Today's Analysis
Tags: Dollar, Forex, Rupee
Meme stock AMC drops on disappointing Q2 guidance and industry challenges
AMC stock (AMC) fell 7.7% after issuing disappointing guidance for the second quarter of 2024. The company anticipates a net loss of $32.8 million, translating to a loss of 10 cents per share.
Written on July 29, 2024 at 3:50 am
Categories: Today's Analysis
Tags: Stocks
Apple reaches historic union labour agreement with retail workers
Apple (Symbol: AAPL) has entered into a historic preliminary labour agreement with its retail workers in Towson, Maryland. This is the first time that the tech giant has reached such a deal in the United States, marking a significant milestone in labour relations for the company.
Written on July 29, 2024 at 3:46 am
Categories: Today's Analysis
Tags: Stocks
Nasdaq 100 hits 7-week lows during tech rout
The Nasdaq composite falls to its lowest level since early June, marking its worst two-day drop since September 2022. Read more to find out about the market implications and outlook.
Written on July 26, 2024 at 9:23 am
Categories: Today's Analysis
Tags: Indices, Stocks
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