About: anakin

US stocks plunged on Tuesday, coming under heavy selling pressure and suffered from their biggest daily losses in more than two years following the release of US Consumer Price Index data. The US annual CPI inflation decelerated to 8.3% yearly in August but was slightly above markets’ estimates of a decline to 8.1%. Therefore, theContinue Reading

Dear Client, To provide you with a more favorable trading condition, we are pleased to announce that the fee structure of all US Share CFDs will be modified starting Sep. 19, 2022. Please find more information below: Products: All US Share CFDs Modification: Limit of Maximum Volume. Please find the following table for more information.Continue Reading

US stocks advanced higher on Monday, preserving their bullish momentum and rose four straight days ahead of the key US consumer-price data. The speculations that inflation is near peaking have provided support to the equity markets, as the US CPI data is expected to show headline CPI cooled in August to an 8% a yearContinue Reading

US stocks advanced higher on Friday, witnessing impressive daily gains and preserving its bullish momentum amid the risk-on market sentiment. The markets seem to have priced in a supersized 75 bps rate hike at the September FOMC meeting as the bets for an aggressive monetary tightening were reaffirmed by Fed Chair Jerome Powell, who saidContinue Reading

This week, investors will be eyeing inflationary data from the US, UK and Australia.  The US will release its Consumer Price Index (CPI), Producer Price Index, and Retail Sales data. The market will be watching closely after more neutral labour data were released last week and after the Fed raised interest rates by 0.25%.  TheContinue Reading