About: anakin
Recent Posts by anakin
The S&P index declines while NASDAQ rises; major indices show mixed trading performance and resistance levels
CPI gains fade; S&P, Dow decline while NASDAQ rises. Key retracement level crucial for momentum; Tesla, Nvidia gain.
A fresh four-month high of 1.2980 for the Pound Sterling occurs against the US Dollar
Pound Sterling hits four-month high after soft US CPI; Fed policy shift expected; UK GDP data awaited.
Macklem indicates limited support for the economy due to inflation concerns caused by tariffs
Tiff Macklem remains cautious on tariffs, inflation, weak demand, recession risks, and the Bank of Canada’s stance.
The Consumer Price Index inflation report for February shows a decrease to 2.8%, lower than expected
US inflation fell to 2.8% in February, below expectations. Core CPI rose 3.1%. Fed policy remains cautious.
US crude oil inventories rose less than expected, while gasoline and distillates decreased significantly.
Crude oil rose 1,448,000 barrels, gasoline fell 5,737,000, and distillates dropped 1,559,000; refinery utilization decreased 0.6%.
