ICYMI – Market outlook for 24 April 2024 As we navigate through the final week of April, key economic indicators poised to test the resilience of the US dollar are on the horizon, with Q1 GDP figures and Core PCE …
Sterling stabilises after Tuesday’s strong gains, fueled by above-forecast U.K. purchasing-manager surveys, Bank of England signals that it isn’t in a rush to cut rates, and a weaker dollar. The currency’s performance reflects heightened market attention to central bank signals …
24th April 2024 Japanese rubber futures on the Osaka Exchange (OSE) for October delivery experienced a downturn, falling by 5.1 yen or 1.65% to 304.2 yen ($1.97) per kg as of 0208 GMT. Similarly, the rubber contract for September delivery …
The dollar index, which tracks the U.S. currency against a basket of six major peers including the euro, sterling, and yen, held steady at 105.64 in early Asian trading, following a decrease of 0.4% overnight. This movement came after the …
Today in the agricultural commodities market, Chicago wheat recorded a drop on Wednesday, marking its first decline in five sessions. This pullback came after the grain hit a two-month peak in the prior session, demonstrating a slight correction after its …
In today’s trading session, gold continued its recent decline, dropping 1% to reach $2,300. Earlier in the month, the precious metal approached the $2,400 level but did not maintain it at the close of the day. This decline appears tied …
Malaysian palm oil futures saw a significant increase for the second consecutive session on Tuesday, with the benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange climbing by 66 ringgit, or 1.67%, to 4,010 ringgit ($839.61) …
ICYMI: Market summary for today, 23 April 2024 As the financial markets gear up for the release of the U.S. Personal Consumption and Expenditure series this Friday, the EUR/USD pair remains steady. With the pair approaching a 5-month low, traders …
As fears of an escalation in the Middle East subside, investors are shifting away from safe-haven assets, resulting in a boost to global equities. The MSCI global stock index (EURONEXT:IACWI) saw an increase of 6.01 points or 0.81%, reaching 749.29. …
Geopolitical Concerns Drive Oil Price Increase in Asian Trading Oil prices witnessed an increase in Asian trading on Tuesday, reflecting a reversal from the downturn observed in the previous session. This change underscores the market’s ongoing vigilance concerning geopolitical developments …
