Today's Analysis

4

Sep 2024
Safe-haven yen rallies, Aussie sinks as U.S. payrolls test approaches

Global financial markets shifted into risk-off mode on Wednesday as the Japanese yen gained strength and risk-sensitive currencies like the Australian dollar and British sterling weakened. These movements followed a sharp sell-off in U.S. equities, driven by weaker-than-expected manufacturing data. …

4

Sep 2024
Japan’s Nikkei drops to three-week low following Wall Street sell-off

On Wednesday, Japan’s Nikkei 225 index dropped to its lowest point since mid-August, reflecting global market anxiety. The index fell by 3.3% to 37,393.48 by 0134 GMT, after initially dipping 4% earlier in the session. -vtmarkets.com

3

Sep 2024
USDJPY rallies as dollar gains fresh momentum over weaker yen

The USDJPY pair continues its upward trajectory as the dollar gains strength, despite flatlining inflation data. -vtmarkets.com

3

Sep 2024
S&P 500 wraps up August gains as rate cut decision looms

he S&P 500 ended August with a 3.7% gain despite volatility, as markets now look ahead to the Federal Reserve’s rate decision in September. -vtmarkets.com

3

Sep 2024
Wheat rises for the fifth consecutive day due to European production issues

Chicago wheat futures edged higher on Tuesday, marking the fifth consecutive day of gains. The driving force behind this rally is the poor production outlook in Europe, which has helped lift wheat prices from nearly four-year lows. -vtmarkets.com

3

Sep 2024
Dollar holds steady as markets anticipate U.S. payrolls report

The U.S. dollar stayed firm near a two-week high against the yen and euro on Tuesday, reflecting cautious investor sentiment ahead of an influx of economic data, including Friday’s highly anticipated U.S. payrolls report. -vtmarkets.com

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