About: anakin
Recent Posts by anakin
Week ahead: Will US, UK and Australia hike interest rates?
The US Federal Reserve, Reserve Bank of Australia, and Bank of England have upcoming interest rate decisions scheduled throughout the week. New Zealand and Canada will release their Employment Change data, while the US will release its Non-Farm Employment Change figures. RBA Rate Statement – Australia (1 November) The Reserve Bank of Australia (RBA) increased Continue Reading
US Dollar burden from Fed scaling back monetary tightening
US stocks rallied on Friday, regaining upside momentum and ended a turbulent week with a sizable gain as the economic data suggested that the Federal Reserve’s battle against inflation is making progress. Investors have already priced in a 0.75% hike by the Fed in December, but the increasing rumours about the possibility of scaling down Continue Reading
US Dollar burden from Fed scaling back monetary tightening
US stocks rallied on Friday, regaining upside momentum and ended a turbulent week with a sizable gain as the economic data suggested that the Federal Reserve’s battle against inflation is making progress. Investors have already priced in a 0.75% hike by the Fed in December, but the increasing rumours about the possibility of scaling down Continue Reading
GDP expanded more than expected, signalling decreasing inflation
U.S. equities were mixed throughout yesterday’s trading. The Dow Jones Industrial Average gained 0.61% to close at 32033.28. The S&P 500 lost 0.61% to close at 3807.3. The tech-heavy Nasdaq Composite plunged 1.63% to close at 10792.68. The Dow Jones Industrial Average was able to close higher on Thursday after new data showed third quarter Continue Reading
GDP expanded more than expected, signalling decreasing inflation
U.S. equities were mixed throughout yesterday’s trading. The Dow Jones Industrial Average gained 0.61% to close at 32033.28. The S&P 500 lost 0.61% to close at 3807.3. The tech-heavy Nasdaq Composite plunged 1.63% to close at 10792.68. The Dow Jones Industrial Average was able to close higher on Thursday after new data showed third quarter Continue Reading
