About: anakin
Recent Posts by anakin
Week ahead: All eyes on CPI data from US and UK, and Fed interest rate decision
The upcoming financial week will be filled with economic data and speculation, as inflation and interest rate decisions will be announced by most central banks. The CPI inflation figures in the US are expected to rise by 0.3% in November, which might signify another slowdown in inflation. The financial markets will pay close attention to Continue Reading
Week ahead: Will RBA and BoC further raise interest rates?
The Reserve Bank of Australia and the Bank of Canada are expected to further raise interest rates this month. Investors are watching for signs that suggest policymakers will follow through with another hike. Here are some of the market events to watch this week: US ISM Services PMI (5 December) The ISM Services PMI index Continue Reading
Week ahead: Rise in US employment could signify better health in the labour market
The US Department of Labor reported that non-farm payrolls rose by 261,000 last month, more than economists had forecasted. The increase in hiring was driven by more people entering the labour force. Meanwhile, private payrolls rose by 239,000 in October according to a report from ADP, with the leisure and hospitality industry seeing the most Continue Reading
VT Markets Clinches Three Awards for Their Outstanding Trading Platforms and Services
VT Markets, an international multi-asset broker, is showing great promise on the back of their separation from Vantage Group. They have recently clinched three awards by Global Business Magazine Awards for their exceptional trading platforms and services. VT Markets’ unique value proposition, in-depth market insights and thorough understanding of the market have rightly earned them Continue Reading
Week ahead: Will RBNZ continue to raise rates amid stronger domestic activities?
The Reserve Bank of New Zealand (RBNZ) raised its official cash rate in October by 50bps, its fifth increase since late last year. It follows a string of robust economic reports showing that domestic activities have strengthened. Will the central bank raise rates by another 75bps as forecasted? Here is a roundup of the latest Continue Reading
