About: anakin
Recent Posts by anakin
Week ahead: Further increase in US CPI may lead to Fed rate hikes in December

Since the Federal Reserve announced its September rate decision, consumer price growth in the US has accelerated across a wide range of goods and services. This signifies that underlying inflationary pressures are growing stronger. Fed officials will announce another rate hike in December, with analysts expecting the central bank to also increase interest rates further.Continue Reading
Written on November 7, 2022 at 12:54 am
Categories: Today's Analysis
After Friday’s mixed jobs report, markets await this week’s inflation data

US stocks advanced higher on Friday, regaining upside momentum and ending their previous slide as investors weighed mixed jobs figures and awaited next week’s inflation data for more clues on when the Federal Reserve would be able to slow down its pace of rate hikes. The Nonfarm Payrolls in the US rose by 261,000 inContinue Reading
Written on November 7, 2022 at 12:51 am
Categories: Today's Analysis
Market attention shifts to Non-Farm Payroll data

US stocks declined lower on Thursday, remaining under pressure and extended their post-Fed slide amid concern that a deeper recession could be possible as the Federal Reserve expected to hold rates at a higher level for longer to tame inflation. The Soaring government bond yields and risk-off market mood has exerted bearish pressure on theContinue Reading
Written on November 4, 2022 at 12:33 am
Categories: Today's Analysis
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
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
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