About: anakin
Recent Posts by anakin
Week ahead: Markets to focus on rate statements from SNB, BOE, ECB, and the Fed
This week, the market’s primary focus revolves around the rate decisions of major central banks as they convene for their final meetings in 2023. Aside from these pivotal central bank decisions, the market is also keeping a close eye on the US consumer price index and producer price index, given that signs of inflation could Continue Reading
Written on December 11, 2023 at 2:10 am
Categories: Week Ahead
Market Rebounds as Tech Stocks Surge Ahead of Key Jobs Report
Stocks rebounded on Thursday, snapping a three-day decline for the Dow Jones Industrial Average and the S&P 500 ahead of the pivotal Friday jobs report. The S&P 500 surged by 0.80%, reaching 4,585.59, while the Dow added 62.95 points, marking a 0.17% increase to reach 36,117.38. The Nasdaq Composite soared by 1.37%, driven by strong Continue Reading
Written on December 8, 2023 at 2:48 am
Categories: Today's Analysis
U.S. Stocks Grapple with Downturn Amid Job Market Concerns
U.S. stocks experienced a downturn amidst fluctuating trends, impacted by a drop in inflation and looming job market reports. The Dow Jones and S&P 500 faced consecutive losses, a rare occurrence since October, despite initial optimism from economic indicators. Investors remain watchful, especially regarding upcoming labor-related data releases, notably the November nonfarm payrolls report. European Continue Reading
Written on December 7, 2023 at 2:40 am
Categories: Today's Analysis
A Beginner’s Guide to Sentiment Analysis in Forex Trading
Forex trading is not just about the numbers. Here’s how sentiment analysis allows you to understand the psychology of traders and make better trades.
Written on December 6, 2023 at 7:08 am
Categories: Learn
Mixed Stock Movements as Tech Surges, Fed Rate Cut Hopes Rise
The stock market displayed a mixed session with varied movements across major indices: the Dow and S&P 500 edged slightly downward while the Nasdaq surged, propelled by tech stock performance. Factors including the U.S. 10-year Treasury yield dip below 4.2% and European market fluctuations played key roles. Amidst this, notable individual stock movements, like GitLab’s Continue Reading
Written on December 6, 2023 at 2:15 am
Categories: Today's Analysis
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