About: josephine
Recent Posts by josephine
US Jobless Claims higher, Market waits for NFP
U.S. equities traded lower throughout yesterday’s trading. The Dow Jones Industrial Average slipped 1.15% to close at 29926.94. The S&P 500 dropped 1.02% to close at 3744.52. The tech-heavy Nasdaq Composite edged 0.68% lower to close at 11073.31. Learn more about Indices with VT Markets U.S. initial jobless claims came in at 219K, above market Continue Reading
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 cuts Continue Reading
Global Central Banks Focus on Tackling Inflation
US stocks declined on Monday, extending their recent slide and fell in a volatile session amid the fact that worldwide central bankers insisted on battling inflation at any cost. On the economic data side, US Durable Goods Orders and CB Consumer Confidence are taking centre stage on Tuesday. The UK markets were in focus on Continue Reading
Multiple Baltic Sea gas pipeline leaks raise concerns
In the Eurozone, multiple leaks in Russia’s gas pipeline in the Baltic Sea raise concerns about the escalating energy conflict between Europe and Russia, which pushed European natural gas prices higher and exerted bearish pressure on investors’ moods. US stocks declined on Tuesday, dropping for the sixth session and ending a volatile session lower as Continue Reading
Bank of England to acquire UK long-term bonds to restore market conditions
US stocks rallied on Wednesday, regaining upside strength and ending their six-day slide after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets. The BOE decided to buy long-dated UK government bonds starting today to restore market conditions and later confirmed that it could buy just £1.025 Continue Reading
