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About: anakin
Recent Posts by anakin
US Stocks rallied, 10-year treasury fell below 3.7%
U.S. stocks rallied on the first trading day of the month. The Dow Jones Industrial Average rose 765.38 points to close at 29,490.89. The S&P 500 gained 2.6% to close at 3678.43. The Nasdaq Composite rose 2.3% to close at 10,815.43. The benchmark U.S. 10-year treasury yield fell below 3.7% and was last seen tradingContinue Reading
The 10-year treasury yield rose above 3.8% as short-term rate expectations increased
U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the S&P 500 slid 1.51%, and the Nasdaq composite lost 1.51%. U.S. equities have suffered theirContinue Reading
Week Ahead: OPEC, Non-farm payrolls and ISM Services PMI
This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings. The US JOLTS report for August and ISM Manufacturing PMI and ISM Services PMI will also be released. Other crucial data releases include Switzerland’s Consumer Price Index andContinue Reading
Notification of Trading Adjustment in Holiday
Dear Client, Please note the adjustment on the following products due to the international holiday in October: The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].
US Real GDP contracted by 0.6%, US stocks tumbled
US stocks tumbled on Thursday, suffering from heavy daily losses and plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone on policy tightening. Federal Reserve (Fed) Bank of Cleveland President Loretta Mester cited on Thursday that they are not yet at a point where they couldContinue Reading
