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US equities rose Friday, maintaining strong momentum
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
Week Ahead: All Eyes on Inflationary Data from the US, UK and Australia
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
Powell reaffirmed Fed’s commitment to tackle inflation
Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, the stock market ended a choppy session with solid gains. The Nasdaq increased by 0.6%Continue Reading
Powell reaffirmed Fed’s commitment to tackle inflation
Jerome Powell, the chairman of the Federal Reserve, reaffirmed the bank’s commitment to combating price increases and remaining upbeat until inflation returns to the Fed’s 2 percent objective on Thursday. Following Powell’s reiteration of the necessity of combating high inflation, the stock market ended a choppy session with solid gains. The Nasdaq increased by 0.6%Continue Reading
VT Markets PANW Stock Split Notification
Dear Client, Please be advised of the upcoming Palo Alto Networks Inc Prov (PANW) stock split that is going to take place as per the following schedule: Ex-Date: September 14th, 2022. Common shares will trade at the new split-adjusted price. Important implications of the PANW Stock Split: 1. The quantity of shares of each client’sContinue Reading
