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Recent Posts by anakin
Stocks Retreat as Investors Digest Powell’s Comments on Inflation
In a temporary halt to the recent market rally, stocks experienced a decline on Wednesday. Investor sentiment was influenced by Federal Reserve Chair Jerome Powell’s remarks on inflation. The Dow Jones Industrial Average dropped 0.30%, the S&P 500 declined by 0.52%, and the Nasdaq Composite slid 1.21%, marking the third consecutive day of losses forContinue Reading
Stocks Retreat as Market Rally Pauses, Investors Monitor Sentiment
Stocks experienced a decline on Tuesday, marking the first trading day of the week, as the market took a breather after a recent rally that had propelled it to levels not seen in over a year. The Dow Jones Industrial Average fell by 245.25 points (0.72%) to reach 34,053.87, while the S&P 500 and NasdaqContinue Reading
Over 200 Traders Battle it Out at VT Markets’ King of the Hill Trading Contest
Sydney, Australia, 19 June 2023 – Over a month into the campaign, the King of the Hill Trading Contest, organised by leading online trading platform VT Markets, has been a rousing success thus far. The contest, which began on 1 May 2023, has attracted over 200 participants from 14 countries worldwide, all competing for international recognitionContinue Reading
Markets Close on Monday for Juneteenth Holiday Following Strong Week and Fed’s Rate Hike Decision
In observance of the Juneteenth holiday, the regular trading session was suspended on Monday, providing investors with a break after a positive week. Despite minor slips on Friday, the S&P 500 and the Nasdaq Composite recorded their best weekly performances since March, with the S&P 500 rising by 2.6% and the Nasdaq adding 3.25%. TheContinue Reading
Week Ahead: All Eyes on BOE and SNB Rate Statements
This week, markets brace for key events, including interest rate releases from the Bank of England and Swiss National Bank. Traders are expected to monitor these crucial announcements to shape their strategies and gain insights into the financial landscape. Stay tuned for a round-up of significant market developments. UK Consumer Price Index (21 June 2023)Continue Reading
