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DAILY MARKET ANALYSIS

Stay on top of your trading with analyses of the latest market news.

2 May 2024
Oil Prices See Rebound with U.S. Purchase Plans

Oil prices rebounded on Thursday as the U.S. signaled potential plans to replenish its strategic petroleum reserves. This news offered some support to the market after it faced a downturn driven by multiple factors including geopolitical hopes and economic uncertainties. …

30 April 2024
Tesla Expands Full Self-Driving Technology to China

Over the weekend, Tesla CEO Elon Musk announced that Tesla’s advanced driver-assistance system, Full Self Driving (FSD), has been cleared for sale in China, prompting a 15% surge in Tesla’s stock on Monday. This move marks a significant expansion for …

30 April 2024
Chinese Stocks See Mixed Results Before Labor Day

4 April 2024 – Mainland China’s stock indices experienced slight declines today, with investors adopting a cautious stance in anticipation of the long Labor Day holiday and critical upcoming events. The Shanghai Composite index saw a marginal drop of 0.12% …

30 April 2024
Japan’s Nikkei Tracks Wall Street’s Positive Movement

Japan’s Nikkei 225 index experienced a rise of 1.24%, closing at 38,405.66, driven by an upbeat performance in U.S. markets and investor optimism. SEE: Nikkei sees modest rise on the VT Markets VT Markets app. Despite this daily gain, the Nikkei …

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