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About: anakin
Recent Posts by anakin
US stocks tumbled amid the risk-off market sentiment and surging US dollar
US stocks tumbled sharply on Friday, coming under heavy bearish pressure and suffered daily losses amid the risk-off market sentiment and surging US dollar. The UK’s plan to lift its economy fueled concerns about heightened inflation and added to fears of a global recession. Liz Truss’s new UK government delivered the most sweeping tax cutsContinue Reading
Week Ahead: US Initial Jobless Claims, CB Consumer Confidence, Canadian GDP
This week will see a much lighter schedule of data releases compared to last week. Some significant releases to watch out for include the CB Consumer Confidence and Core PCE Price Index in the US and the Gross Domestic Product in Canada. US CB Consumer Confidence | 27 September 2022 The US Consumer Confidence IndexContinue Reading
Bank of England and Swiss National Bank follow Fed in increasing interest rates
On Wednesday, U.S. central bank officials raised interest rates to a new range of 3.0% to 3.25%. Policymakers also expect to lift rates higher than before and maintain that level, projecting the fed funds rate rising to 4.4% by the end of this year and 4.6% by the end of 2023. Numerous central banks fromContinue Reading
VT Markets The Adjustment Of Weekly Dividend Notification
Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading
Fed raise Rate by 75 bps
US stocks tumbled on Wednesday, suffering from heavy losses and extended their intra-day slide as traders were overwhelmed by the many headlines that followed the Federal Reserve decision. The American central bank hiked the benchmark rate by 75 bps to 3.25% as widely anticipated, meanwhile spurring volatility across the FX board and exerting bearish pressureContinue Reading
