About: anakin
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US stocks rose ahead of midterm elections and inflation data this week

US stocks rallied higher on Monday, preserving their upside traction for the second day and extending their previous rally ahead of midterm elections and inflation data later this week. The renewed speculation that the US Federal Reserve will ease the pace of quantitative tightening regardless of Chair Jerome Powell´s hawkish comments and easing restrictive measures Continue Reading
Written on November 8, 2022 at 1:46 am
Categories: Today's Analysis
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 in Continue 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 the Continue 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 policy Continue Reading
Written on November 3, 2022 at 2:10 am
Categories: Today's Analysis
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