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About: anakin
Recent Posts by anakin
Nikkei Hits 3-Week High on Wall Street Gains and BOJ Dovishness
Key points: The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by Wall Street’s performance overnight, the Nikkei surged by 1.5%, reaching 38,293.34 in early trading. Earlier in the session, it touched 38,338.65, its highest point since September 3. Picture: Nikkei trading at 38033.85 on theContinue Reading
Australian Dollar Approaches 2024 High as China Lowers Rates Ahead of RBA Decision
Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see a roughly 60% chance of a cut. -vtmarkets.com
Trading Psychology: The Unseen, Untouched but Primary Driver to Success
Behind the glitz of trading screens and market news lies a secret no one talks about: The mind game every trader has to play in order to win. While market participants obsess over charts and economic data, the real power player lurks in the shadows – trading psychology. Think of it as the unseen puppeteer,Continue Reading
Kiwi holds steady as traders await upcoming U.S. economic data
The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com
Copper prices edge higher on positive sentiment after Fed rate cut
Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com
