Today’s Analysis

    14 August 2024
    Google may break up as the US DOJ weighs options 

    Explore the potential market impacts of a potential Google breakup as the DOJ considers divesting key assets like Android and Chrome.

    14 August 2024
    S&P 500 quiets as market awaits CPI report 

    The US stock market showed little movement as investors prepared for the release of the July Consumer Price Index (CPI) report.

    14 August 2024
    Indian rupee set to strengthen as confidence in Fed rate cuts grows

    The Indian rupee is set to open on a stronger note on Wednesday, buoyed by rising confidence that the Federal Reserve will implement a series of rate cuts this year.

    14 August 2024
    Dollar eases on weak U.S. inflation data; kiwi plummets following rate cut

    The U.S. dollar started Wednesday on shaky ground after tumbling overnight against major currencies, driven by a surprisingly benign reading on U.S. producer prices. This report has amplified expectations that the Federal Reserve might lean towards rate cuts later this …

    13 August 2024
    Nikkei rises as Japanese yen stabilises, with tech shares leading gains

    The Nikkei 225 index (Symbol: Nikkei225) jumped as traders returned from the Obon holiday, driven by a more stable yen and strong gains in tech stocks.

    13 August 2024
    Oil prices pull back as OPEC cuts 2024 demand forecast 

    Oil prices retreated and broke a five-day winning streak as the market’s focus shifted back to demand concerns.

    13 August 2024
    Australian dollar faces resistance while kiwi advances awaiting rate decision

    The Australian dollar nudged higher on Tuesday, brushing up against resistance as a rally in Japanese stocks bolstered risk sentiment across the market.

    13 August 2024
    Soybeans hit a four-year low amid record U.S. crop forecast

    Greater supply, when meeting a comparatively lower demand, typically leads to an expected drop in prices.

    12 August 2024
    Copper prices dip with fear of U.S. recession

    Copper prices fell as markets weighed ongoing economic uncertainties and awaited key demand outlook indicators. Copper dipped, reflecting cautious market sentiment.

    12 August 2024
    Gold prices hold steady ahead of key US inflation data 

    Gold prices remained stable as traders await crucial US inflation data this week, which could impact the Federal Reserve’s upcoming interest rate decision.

    Back To Top
    Chatbots