About: anakin

Silver, often referred to as the “poor man’s gold,” has captivated traders and investors for centuries due to its unique characteristics and historical significance. Recently, it has gained attention as an alternative investment, aligning with the growing interest in precious metals amid economic uncertainties and inflation concerns, highlighting its potential as a viable trading option.Continue Reading

On Monday, the stock market surged as traders eagerly awaited corporate earnings reports, pushing the Dow Jones Industrial Average to its best day since September. Despite concerns about rising Treasury yields, oil prices, inflation, and conflicts in the Middle East, investors were focusing on earnings reports, offering short-term optimism. The US dollar faced a declineContinue Reading

Traders should keep a close eye on US retail sales and the Consumer Price Index (CPI) reports from New Zealand, Canada, and the UK this week, as these updates could have a substantial influence on the market. Exercise caution and stay up to date with the latest developments to ensure a successful week of trading.Continue Reading

On Thursday, the stock market faced a decline driven by concerns over rising Treasury yields and persistent US inflation, marking the end of a four-day winning streak for major indexes. The Dow Jones Industrial Average dropped 0.51%, while the S&P 500 and Nasdaq Composite fell by 0.62% and 0.63%, respectively. Meanwhile, the US Dollar ralliedContinue Reading

Major stock indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, saw modest gains as investors awaited U.S. consumer inflation figures and monitored Treasury yields’ retreat. The market was also influenced by expectations of the consumer price index report and Federal Reserve policy, while Exxon Mobil announced a significant acquisition and BirkenstockContinue Reading