About: anakin

Recent Posts by anakin

Market Holds Steady as Debt Ceiling Meeting Looms and Tech Stocks Lead the Way

On Monday, the S&P 500 index experienced minimal change as investors awaited a crucial debt ceiling meeting and officials worked to prevent a default. The index slightly increased by 0.02% to close at 4,192.63, while the Dow Jones Industrial Average fell by 0.42% to end at 33,286.58. In contrast, the Nasdaq Composite rose by 0.5%Continue Reading

Written on May 23, 2023 at 2:43 am
Categories: Today's Analysis

Week ahead: All Eyes on RBNZ Rate Statement and FOMC Meeting Minutes

The financial sector is poised to closely monitor significant economic releases this week, with particular attention on RBNZ Rate Statement and FOMC Meeting Minutes. These essential reports play a critical role in guiding traders through the markets and enabling them to make well-informed decisions. Germany, UK and US Flash Manufacturing PMI (23 May) In AprilContinue Reading

Written on May 22, 2023 at 1:21 am
Categories: Week Ahead

Stock Market Soars on Debt Ceiling Optimism and Strong Earnings: S&P 500 and Nasdaq Reach Yearly Highs

On Thursday, the S&P 500 and Nasdaq Composite surged to their highest closing levels since August 2022, driven by ongoing debt ceiling negotiations. The S&P 500 rose by 0.94% to reach 4,198.05, while the Dow Jones Industrial Average ended the day up 0.34% at 33,535.91, and the Nasdaq gained 1.51% to close at 12,688.84. ThisContinue Reading

Written on May 19, 2023 at 2:52 am
Categories: Today's Analysis

Market Outlook – Interesting week ahead for Australia, New Zealand, and Canada

Written on May 18, 2023 at 7:48 am
Categories: Today's Analysis

Stocks Rise as Hope Grows for U.S. Debt Ceiling Deal, Averting Default

Stocks experienced a positive surge as investors remained hopeful that an agreement on the U.S. debt ceiling could be reached between congressional leaders and President Joe Biden, thereby averting a catastrophic default. The Dow Jones Industrial Average rose by 408.63 points or 1.24%, reaching 33,420.77, while the S&P 500 increased by 1.19% to 4,158.77, andContinue Reading

Written on May 18, 2023 at 2:16 am
Categories: Today's Analysis