About: anakin
Recent Posts by anakin
Consumer prices rose 8.5% in July, less than expected as inflation eased.
US stocks surged on Wednesday, as the release of softer-than-expected inflation data bets the Federal Reserve could pivot to a smaller pace of hikes, while some market watchers take a grain of salt on the view and thought officials may still be a long way from their goal, 2% in the price increase. The JulyContinue Reading
Written on August 11, 2022 at 2:12 am
Categories: Today's Analysis
VT Markets Modifications of Contract Size
Dear Client, To provide a more favorable trading environment to our clients, VT Markets will modify the contract size of the following products: 1. The contract size of HK50ft will be 1. 2. The contract size of EOSUSD, XLMUSD will be 10,000. The modifications will be put into effect from 2022/08/13: The above data isContinue Reading
Written on August 10, 2022 at 2:23 am
Categories: Notifications
Markets await Wednesday’s Inflation reading. Still high but anticipated to cool down.
Stocks retreated on Tuesday, as a downbeat outlook from a giant chipmaker, Micron, added to recession fears. Investors were unwilling to make any risky moves before Wednesday’s pivotal inflation reading, which is forecasted to cool a bit while remaining at high levels. The report will come on the heels of recent jobs figures underscoring slidContinue Reading
Written on August 10, 2022 at 2:15 am
Categories: Today's Analysis
Earnings Downgraded due to Rising Interest rate Risks and Slowing Growth
US stock declined on Monday and failed to hold onto gains. S&P500 erased a rally that reached 1% earlier in the day, while the Nasdaq 100 underperformed after an advance that briefly drove the tech 20% above its June low. Nvidia tumbled almost 6.5% with a release of a gloomy forecast. Mounting risks of moreContinue Reading
Written on August 9, 2022 at 1:17 am
Categories: Today's Analysis
Inflation Watch: Will This Week’s Data Shed Light On Inflation?
In the week ahead, inflation-related data will dominate the headlines. The Consumer Price Index (CPI) and Producer Price Index (PPI) data from the United States and Gross Domestic Product (GDP) data from the UK are expected to provide further clues on the durability of inflation pressures in both countries. In June of 2022, consumer pricesContinue Reading
Written on August 8, 2022 at 3:20 am
Categories: Today's Analysis
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