About: anakin
Recent Posts by anakin
Market expectations improved as US PPI released softer
US stocks rebounded higher on Tuesday, ending their previous slide and regaining upside momentum as fresh data added to evidence that inflation may have peaked. The Producer Price Index (PPI) for final demand in the US declined to 8% on a yearly basis in October, which decelerated compared to last month’s 8.2% and strengthened theContinue Reading
Written on November 16, 2022 at 2:49 am
Categories: Today's Analysis
VT Markets Launches Affiliate Challenger Cup With US$25,000 Prize Pool
VT Markets, a top-rated brokerage firm, has launched the VT Affiliate Challenger Cup 2022 (ACC 2022), a competition that rewards affiliates for referring new clients to their platform. The ACC 2022 is open to VT Markets’ CPA Affiliates, Introducing Brokers or Hybrid program in over 60 countries from the Europe, Middle East, Africa (EMEA) andContinue Reading
Written on November 15, 2022 at 7:45 am
Categories: Press Release
US Stocks declined in a flat session on Monday
US stocks declined lower on Monday, surrendered their early gains and ended a choppy session lower after two Federal Reserve officials highlighted the central bank’s resolve to be persistent until it brings inflation down meaningfully. Fed Vice Chair Lael Brainard said that it would be appropriate soon for the central bank to slow its paceContinue Reading
Written on November 15, 2022 at 1:54 am
Categories: Today's Analysis
CPI dropped, market expects Fed to reduce rate hike in December
US stocks advanced higher on Friday, preserving their upside momentum and extending the rally amid a slowdown in inflation and the upbeat market mood on the last trading day of the week. The risk-on sentiment is mainly supported by the soft inflation data from the US and news of China easing the Covid-related restrictions, asContinue Reading
Written on November 14, 2022 at 2:02 am
Categories: Today's Analysis
Week ahead: US retail sales and PPI data may affect December Fed rate decision

The US Federal Reserve will weigh this week’s Retail Sales and PPI data against last week’s lower-than-expected inflation figures as it determines whether to raise its benchmark interest rate by 50bps or 75bps at its December meeting. Here are the highlights for the week ahead: RBA Monetary Policy Meeting Minutes (15 November) The Reserve BankContinue Reading
Written on November 14, 2022 at 1:47 am
Categories: Today's Analysis
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