Today’s Analysis

24

Jul 2024
Japan’s Nikkei hits one-month low with mixed US tech earnings and a yen rally

Japan’s Nikkei share average dropped for a sixth consecutive session on Wednesday, closing at a one-month low of 39,154.85, down 1.11%. This marked its longest losing streak since October 2021. The broader Topix index also slid 1.42% to 2,793.12.

23

Jul 2024
Euro and the British pound directionless as China rate cuts and US election uncertainty creeps in 

Euro and the British pound trades directionless as forex markets react to China’s rate cuts and Biden’s election decision. Read more for market analysis and forecast

23

Jul 2024
Nikkei rebounds as chipmakers and shippers lead rally 

Japan’s Nikkei 225 index rebounds from a three-week low, driven by gains in chipmakers and shippers. Explore market implications and short-term trading opportunities.

23

Jul 2024
Rupee edges higher with Asian peers; India awaits budget

The Indian rupee saw a modest rise on Tuesday, trading at 83.6250 against the U.S. dollar as of 09:30 a.m. IST, up slightly from its previous close of 83.6575.

23

Jul 2024
Aussie and kiwi dollars struggle on China rate cuts; dollar drifts

The Australian and New Zealand dollars struggled near multi-week lows on Tuesday following China’s decision to cut several key interest rates. In contrast, the US dollar showed little change as it awaited new economic cues.

22

Jul 2024
US dollar index loses strength as Fed rate-cut expectations grow 

The US dollar index (Symbol: USDX) as expectations of an interest rate cut grows stronger as the spotlight shifted to economic data for more clues on the monetary policy path of the Federal Reserve.

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