About: anakin
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Market Focus: All eyes on US Jobs Data and RBA Rate Statement
This week marks the start of the second quarter of 2023, and it’s lined up with some major economic events. Keep your eyes on news from the Reserve Bank of Australia and the Reserve Bank of New Zealand on their imminent interest rate announcements. Also, the eagerly-anticipated US jobs report is set to be releasedContinue Reading
Written on April 3, 2023 at 2:00 am
Categories: Today's Analysis
Federal Reserve Officials Suggest Monetary Tightening, Markets Respond Positively
Recent market gains were heavily influenced by statements from Federal Reserve officials who suggested the need for further monetary tightening, despite recent bank failures. Boston Fed President, Susan Collins, highlighted the importance of tightening policies. Meanwhile, Richmond Fed President, Thomas Barkin, stated that the Fed could increase rates further if inflation risks persist. Minneapolis FedContinue Reading
Written on March 31, 2023 at 3:53 am
Categories: Today's Analysis
Weekly Dividend Adjustment Notice – March 30, 2023
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 March 30, 2023 at 9:56 am
Categories: Dividend
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
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