About: anakin

CURRENCIES: US Dollar’s Current State: The US dollar shows a rangebound pattern, with minimal gains amid mixed Treasury yields and market caution. Anticipation of Key Events: Traders are in a wait-and-see mode ahead of significant events, including US PCE data and Fed Chair Powell’s speech on Friday. Bank Holiday Impact: Thinner market liquidity expected dueContinue Reading

This week witnessed a slight retreat in major U.S. stock indexes, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing downturns, contrasting sharply with their recent record highs. Notably, Tesla, Seagate Technology, and Krispy Kreme outperformed, driven by positive developments. Mixed economic data revealed robust durable goods orders but a dropContinue Reading

CURRENCIES: GBP/USD Movement: The British Pound has slightly risen above 1.26 against the US Dollar, fueled by anticipation of interest rate reductions by the Federal Reserve in June. Market Sentiments: Confidence is high among investors that the US will commence lowering borrowing costs in June, with over a 70% probability indicated by the Chicago MercantileContinue Reading

This week witnessed a modest retreat in stock markets, with key indices like the Dow Jones, S&P 500, and Nasdaq Composite pulling back from recent record highs, while the currency market saw nuanced movements amid varying global fiscal policies and geopolitical tensions. Intel and United Airlines faced declines due to regulatory and operational headwinds, respectively,Continue Reading

Join us at Booth S1 at Traders Fair Philippines! Traders Fair is a renowned financial event series with stops around the globe. Experience interactive seminars, workshops with experts, networking with industry leaders and lucky draws. Venue: Edsa Shangri-La, Manila