About: anakin
Recent Posts by anakin
Fed raises interest rate by 75bps, US stock market falls

US stocks tumbled heavily on Wednesday, witnessing fresh downside momentum and surrendered all of their daily gains after the Fed chief Powell said the Fed still has some ways to go in its policy cycle as rates could peak at higher levels than previously thought. The US Federal Reserve announced that it raised the policyContinue Reading
Written on November 3, 2022 at 2:10 am
Categories: Today's Analysis
End of Daylight Saving Time in US
Dear Client, With the standard time commencing in the US on 7 November, there will be changes to the trading hours for certain products on MT4/MT5. Please refer to the table below outlining the affected instruments: *All times are provided in GMT+2. Please note the above data are subject to change. Kindly refer to MT4/MT5Continue Reading
Written on November 3, 2022 at 1:28 am
Categories: Notifications
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 aContinue Reading
Written on November 2, 2022 at 2:18 am
Categories: Today's Analysis
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].
Written on November 1, 2022 at 5:22 am
Categories: Notifications
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 causeContinue Reading
Written on November 1, 2022 at 1:59 am
Categories: Today's Analysis
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