🔥Key events in the coming week, share your trading plans!
Hi, Tigers!
Welcome to our official column: Daily Discussion! Here you can share your trading ideas, your opinions on market trends,the stocks you like(bullish on)or dislike(bearish on),and your investment performances,etc..
If you leave your thoughts in the comment area, you may receive Tiger Coins as reward which can be used at Gift Center!
Below are Today's Key Takeaways.
Top News Move the Market
Global Markets Weekly Update
- Stocks moved higher for the week, ending a two-week losing streak and reclaiming much of the ground lost over the past month.While fighting continued in Ukraine, investor sentiment was also buoyed during the week by continued negotiations to end the conflict. Gains were widespread across the major indexes, with the tech-heavy Nasdaq Composite staging the biggest rally.
- As expected, the Fed raised its short-term lending rate by 25 basis points (a quarter percentage point) at its March meeting, moving the fed funds target rate from near zero to a range of 0.25% to 0.50%.Policymakers also released an updated economic forecast, which showed they are expecting to raise rates seven times in 2022, according to the median projection.
- Besides the Fed’s announcement, economic data seemed to have a limited impact on markets. February retail sales were disappointing, although the January numbers were revised upward. Continuing claims for unemployment insurance fell to a 52-year low, showing continued strength in the labor market. In a possible sign of peaking inflation, the headline producer price index decelerated during the month of February and the gain in core prices held steady with January’s pace. Meanwhile, mortgage rates in the U.S. soared, surpassing 4% for the first time in almost three years.
The week ahead: March 21-March 25
Economic calendarFeel free to comment & share your ideas on the trading opportunities or the market trends!Bullish or bearish? Justtag the related tickerin the comment, and you stand a chance to win Tiger Coins!
[Updated Rewards]
- 5 Tigers will be given another 50 Tiger Coins according to the quality & interaction of the comment
- Meanwhile, we will be posting the stocks mentioned by the 5 Tigers for your reference (not investment advice though)
If you are confident in your trades today, repost and tell your friends to like your comment! You may be rewarded with Tiger Coins!
[Winners Announcement]
- Here are the 5 Tigers whose comment has the best quality & interaction Last Friday :@Furore @Furore @MHh @Ron18 @bernardtayet
Congratulations on being offered 50 Tiger Coins!
2.Here are the stocks mentioned by the above Tigers: $SINGAPORE TECH ENGINEERING LTD(S63.SI)$ $LUK FOOK HOLD(00590)$ $Vanguard FTSE Emerging Markets ETF(VWO)$ $STARHUB LTD(CC3.SI)$ $SINGTEL(Z74.SI)$ $Pfizer(PFE)$ (Not investment advice)
Stay safe and good luck with your investing!
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It has top 50 constitutes of China stock and can diversify risks.
Most room for recovery on the rebound.
All on upgoing trend!