About: anakin
Recent Posts by anakin
Bank of Japan maintains policy rate, raises upper band yield target
The US Dollar index dropped 0.73% daily on Tuesday, tumbling following a sudden announcement from the Bank of Japan(BoJ). Despite the Bank of Japan keeping their policy rate unchanged, the increase in the upper band limit on the yield target caused the surge of Yen and weighed on the DXY index. US stocks oscillated between Continue Reading
US Stock fell as market worries about recession
As global investors worry about a recession, U.S. stocks fell on Monday. The Dow fell 162.92 points to 32757.54. S&P 500 dropped 34.7 points to 3817.66. Tech-heavy Nasdaq rose 159.38 points to 10546.03. The Fed, BoE, and ECB raised rates by 50 basis points last week to curb inflation. The benchmark 10-year U.S. government yield Continue Reading
Week ahead: Markets to focus on BoJ rate statement and Canada’s CPI
The financial markets will be monitoring the Bank of Japan policy statement this week. The central bank is expected to keep its short-term interest rate at -0.1%, the same as the previous month. Meanwhile, Canada will also be under scrutiny, as its Consumer Price Index is expected to rise by 0.4% in November. Here are Continue Reading
Fed officials: Rates will continue to rise
US stocks confronted the longest weekly losing streak since September, as investors were concerned that the Federal Reserve’s resolve to keep raising rates could tip the economy into a recession. Market participants had cheered the softer-than-expected inflation data earlier this week. However, that euphoria faded as Fed officials hammered home the message that rates will Continue Reading
VT Markets Establishes Position As Leading Brokerage in 2022
VT Markets, a global multi-asset broker, has announced their overall company performance for 2022. This year, they have further established their position as one of the fastest-growing, most innovative and best-performing brokerages in the industry. Significant growth was observed in two key areas of their trading platform — total number of active traders and total Continue Reading
