About: anakin
Recent Posts by anakin
US Stocks Get Boost from Financial Shares as Tech Slumps: Banking Sector Continues to be Monitored
Financial stocks provided a much-needed boost to US stocks on Monday, with Treasuries retracting due to a decrease in concerns over banking turmoil. However, tech shares took a hit after experiencing a surge in the previous week. The purchase of Silicon Valley Bank by First Citizens BancShares Inc. caused a gauge of regional lenders to Continue Reading
Written on March 28, 2023 at 1:35 am
Categories: Today's Analysis
US Stock Market Gains Amid Financial Stability Assurances and Rate Cut Speculation
The US stock market closed higher on Friday after regulators assured investors of financial stability, while speculation grew that policymakers will have to consider a rate cut to prevent a recession. Amid concerns over the recent failure of some US regional lenders and the near-collapse of banking giant Credit Suisse Group AG, global authorities have Continue Reading
Written on March 27, 2023 at 2:46 am
Categories: Today's Analysis
Week ahead: Markets to Focus on German Prelim CPI and US Core PCE Price Index
As the first quarter of 2023 draws to a close, many countries are gearing up to release some major economic data. The US is scheduled to publish its Consumer Confidence (CPI) and Core PCE Price Index reports, while Australia and Germany will be releasing their CPI data. With investors and traders globally eagerly waiting for Continue Reading
Written on March 27, 2023 at 2:45 am
Categories: Today's Analysis
VT Markets hosts extravagant Gala to celebrate collaborative success in the South-east Asia region
Sydney, Australia, March 25, 2023 – VT Markets, a next-generation multi-asset broker, hosted their highly anticipated Gala Event in Bangkok, Thailand on 11 March, 2023. The function was held to celebrate the brokerage’s success in 2022 and to reaffirm their strong ties with key partners in the Southeast Asia region. The night was filled with mesmerising Continue Reading
Written on March 27, 2023 at 2:11 am
Categories: Press Release
US Stock Market Rebounds as Traders Flock to Tech Giants Amidst Economic Uncertainty
Despite earlier losses, the US stock market made a significant recovery as traders flocked to some of the world’s largest technology firms, viewed as a reliable haven amidst economic uncertainty and market volatility. In the wake of recent banking instability, these technology stalwarts have generally outperformed other sectors. Despite Treasury Secretary Janet Yellen’s assurances to Continue Reading
Written on March 24, 2023 at 2:25 am
Categories: Today's Analysis
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