About: anakin
Recent Posts by anakin
War in Ukraine, Slowdown in China, and Potential of a US recession make Investors Nervous
US stock advanced on Wednesday, which is the first back-to-back gain in almost two weeks. Risk sentiment remains fragile, any upbeat surprises may lead to dramatic gains for markets amid investors’ expectations for potential disappointments. Tesla briefly jumped in extended trading after its earnings beat estimates. Besides the war in Ukraine, a slowdown in ChinaContinue Reading
Written on July 21, 2022 at 2:33 am
Categories: Today's Analysis
Markets Focused on Central Banks’ Aggressive Monetary Tightening. ECB consider a 50 bps hike.
US stock rebounded on Tuesday, regained upside momentum and closed near session highs in its biggest one-day gain since June 24th as investors assessed the outlook for earnings. Any upside surprises may lead to impressive gains for equity markets amid investors’ expectations for potential disappointments ahead of the earnings report season. But the market focusContinue Reading
Written on July 20, 2022 at 2:30 am
Categories: Today's Analysis
Apple and Alphabet to Slow Hiring for a Recession Concerns. European Investors worried about Russia’s Gas Supply.
US stock declined on Monday, failing to preserve its bullish momentum after Apple Inc.’s plans to slow hiring added to the market’s concerns that the Federal Reserve’s aggressively monetary tightening against higher inflation will result in a recession. Wall Street was unable to retain its early gains and turned red despite the US encouraging dataContinue Reading
Written on July 19, 2022 at 2:28 am
Categories: Today's Analysis
A 75-bps Rate Hike still an Aggressive Boost for the Economy, Recession Concerns remain
US stock surged on Friday, rebounding back and recovering some of the ground it lost at the end of a dizzying week as investors reduced their bets on a bigger rate hike by the Fed in July. Federal Reserve Governor Christopher Waller and St. Louis Fed President Jim Bullard, who are the two most hawkishContinue Reading
Written on July 18, 2022 at 12:54 am
Categories: Today's Analysis
The US dollar rose, supported by recession fears, reaching a 20-year high of over 109
US stock continued to stay in negative territory but closed above session lows as Federal Reserve officials’ comments have eased investors’ concerns about a recession caused by the aggressive pace of monetary tightening. Federal Reserve Governor Christopher Waller said that markets may have gotten ahead of themselves by pricing a 100 basis points rate hikeContinue Reading
Written on July 15, 2022 at 12:49 am
Categories: Today's Analysis
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