About: anakin
Recent Posts by anakin
After Friday’s mixed jobs report, markets await this week’s inflation data
US stocks advanced higher on Friday, regaining upside momentum and ending their previous slide as investors weighed mixed jobs figures and awaited next week’s inflation data for more clues on when the Federal Reserve would be able to slow down its pace of rate hikes. The Nonfarm Payrolls in the US rose by 261,000 inContinue Reading
Written on November 7, 2022 at 12:51 am
Categories: Today's Analysis
Market attention shifts to Non-Farm Payroll data
US stocks declined lower on Thursday, remaining under pressure and extended their post-Fed slide amid concern that a deeper recession could be possible as the Federal Reserve expected to hold rates at a higher level for longer to tame inflation. The Soaring government bond yields and risk-off market mood has exerted bearish pressure on theContinue Reading
Written on November 4, 2022 at 12:33 am
Categories: Today's Analysis
Fed raises interest rate by 75bps, US stock market falls
US stocks tumbled heavily on Wednesday, witnessing fresh downside momentum and surrendered all of their daily gains after the Fed chief Powell said the Fed still has some ways to go in its policy cycle as rates could peak at higher levels than previously thought. The US Federal Reserve announced that it raised the policyContinue Reading
Written on November 3, 2022 at 2:10 am
Categories: Today's Analysis
Fed expected to raise rates by 75bps
US stocks suffered daily losses on Tuesday, failing to preserve their upside traction and finished lower as the upbeat US data bolstered speculation that Federal Reserve policy could remain aggressively tight despite the threat of a recession. The Fed’s 75 bps rate hike might keep weighing on equity markets in absence of signals favouring aContinue Reading
Written on November 2, 2022 at 2:18 am
Categories: Today's Analysis
Markets await Federal Reserve rate decision
US stocks declined lower on Monday, coming under selling pressure and trimming its big October rally as investors awaited Wednesday’s Federal Reserve decision for clues on whether officials will dial back the pace of rate hikes as early as December. Investors are now in anticipation of continued rate hikes from central banks that will causeContinue Reading
Written on November 1, 2022 at 1:59 am
Categories: Today's Analysis
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