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US stocks declined lower on Wednesday, failing to preserve their upside momentum and witnessing selling pressure after strong retail sales data and comments from at least two Federal Reserve speakers recast bets that the central bank’s policy tightening regime is nearing an end. The US Retail Sales rose by 1.3% in October, which came inContinue Reading

US stocks rebounded higher on Tuesday, ending their previous slide and regaining upside momentum as fresh data added to evidence that inflation may have peaked. The Producer Price Index (PPI) for final demand in the US declined to 8% on a yearly basis in October, which decelerated compared to last month’s 8.2% and strengthened theContinue Reading

VT Markets, a top-rated brokerage firm, has launched the VT Affiliate Challenger Cup 2022 (ACC 2022), a competition that rewards affiliates for referring new clients to their platform. The ACC 2022 is open to VT Markets’ CPA Affiliates, Introducing Brokers or Hybrid program in over 60 countries from the Europe, Middle East, Africa (EMEA) andContinue Reading

US stocks declined lower on Monday, surrendered their early gains and ended a choppy session lower after two Federal Reserve officials highlighted the central bank’s resolve to be persistent until it brings inflation down meaningfully. Fed Vice Chair Lael Brainard said that it would be appropriate soon for the central bank to slow its paceContinue Reading

US stocks advanced higher on Friday, preserving their upside momentum and extending the rally amid a slowdown in inflation and the upbeat market mood on the last trading day of the week. The risk-on sentiment is mainly supported by the soft inflation data from the US and news of China easing the Covid-related restrictions, asContinue Reading