About: anakin

Recent Posts by anakin

Stock Market Recovers Amid Geopolitical Tensions as Investors Monitor Israel-Hamas Conflict

On Monday, the stock market rebounded, with the Dow Jones Industrial Average closing 0.59% higher and the S&P 500 and Nasdaq Composite also showing gains despite earlier uncertainties tied to the Israel-Hamas conflict. The conflict, along with concerns about inflation and interest rates, led to initial market declines and a surge in crude oil prices.Continue Reading

Written on October 10, 2023 at 2:22 am
Categories: Today's Analysis

Week Ahead: All Eyes on US PPI and US CPI

Several significant market developments are expected to impact the financial markets this week. In particular, we await the release of the US Consumer Price Index (CPI) and Producer Price Index (PPI). Given the potential impact of these announcements, we strongly recommend traders to exercise caution in their trading preparations, taking into account the possibility ofContinue Reading

Written on October 9, 2023 at 3:55 am
Categories: Week Ahead

Market Wavers as Job Data Looms; Dollar Faces Correction Amid Surging Treasury Yields

During cautious investor sentiment and rising concerns about surging Treasury yields, the stock market saw a minor dip as job market data loomed on the horizon. The Dow Jones Industrial Average closed slightly lower, while consumer staples companies faced substantial losses. Meanwhile, the US dollar underwent a correction due to overbought conditions, influenced by decliningContinue Reading

Written on October 6, 2023 at 2:46 am
Categories: Today's Analysis

Dow Jones Rebounds as Treasury Yields Retreat, Markets Await Jobs Report

On Wednesday, the Dow Jones Industrial Average ended a three-day losing streak as Treasury yields pulled back from multiyear highs. The Dow gained 0.39%, while the S&P 500 and Nasdaq also showed positive performances. Notable sector performances included the consumer discretionary sector, boosted by Tesla and Norwegian Cruise Line, and the energy sector, which sufferedContinue Reading

Written on October 5, 2023 at 2:16 am
Categories: Today's Analysis

Stock Markets Plunge as Treasury Yields Soar, Raising Recession Concerns

On Tuesday, stock markets faced a significant downturn due to surging Treasury yields, reaching levels not seen since 2007. This spike in yields raised worries about potential recession and housing market impacts, leading the Dow Jones Industrial Average to experience a 1.29% decline, the S&P 500 to slide by 1.37%, and the Nasdaq Composite toContinue Reading

Written on October 4, 2023 at 2:15 am
Categories: Today's Analysis