About: anakin
Recent Posts by anakin
Fed expected to raise rates by 75bps
US stocks suffered daily losses on Tuesday, failing to preserve their upside traction and finished lower as the upbeat US data bolstered speculation that Federal Reserve policy could remain aggressively tight despite the threat of a recession. The Fed’s 75 bps rate hike might keep weighing on equity markets in absence of signals favouring a Continue Reading
Notification of Trading Adjustment in Holiday
Dear Client, Please note the adjustment on the following products due to the international holiday in November: The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d like more information, please don’t hesitate to contact [email protected].
Markets await Federal Reserve rate decision
US stocks declined lower on Monday, coming under selling pressure and trimming its big October rally as investors awaited Wednesday’s Federal Reserve decision for clues on whether officials will dial back the pace of rate hikes as early as December. Investors are now in anticipation of continued rate hikes from central banks that will cause Continue Reading
Week ahead: Will US, UK and Australia hike interest rates?
The US Federal Reserve, Reserve Bank of Australia, and Bank of England have upcoming interest rate decisions scheduled throughout the week. New Zealand and Canada will release their Employment Change data, while the US will release its Non-Farm Employment Change figures. RBA Rate Statement – Australia (1 November) The Reserve Bank of Australia (RBA) increased Continue Reading
US Dollar burden from Fed scaling back monetary tightening
US stocks rallied on Friday, regaining upside momentum and ended a turbulent week with a sizable gain as the economic data suggested that the Federal Reserve’s battle against inflation is making progress. Investors have already priced in a 0.75% hike by the Fed in December, but the increasing rumours about the possibility of scaling down Continue Reading
