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DAILY MARKET ANALYSIS

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

26 April 2024
TODAY: Gold Sees Slight Uptick Ahead of U.S. Inflation Data

Gold prices saw a modest increase on Friday, with spot gold climbing 0.3% to $2,339.32 per ounce by 0640 GMT, and U.S. gold futures also rising 0.4% to $2,351.20. This slight uptick comes as markets anticipate the release of key …

26 April 2024
Copper Approaches $10,000 per Ton, Attracts More Investors

Copper prices have been inching closer to the $10,000 per metric ton mark, reflecting a broader uptrend among base metals driven by increasing investment flows. On the London Metal Exchange (LME), the price for three-month copper reached $9,965.50 per ton, …

26 April 2024
Japan’s Bond Yields Surge as BoJ Meeting Looms

Japan’s 10-year government bond yield has ascended to a more than five-month peak, increasing by 4 basis points to 0.93%, the highest since November 3, and settled at 0.925%. 🇯🇵 Japan's five-year government bond yields climb to the highest since …

26 April 2024
Supply Worries Set Wheat for Biggest Weekly Gain in Two Years

As the trading week closes, Chicago wheat futures are on track to record their largest weekly uptick since 2021, fuelled by persistent dry conditions in key wheat-growing areas of Russia and the United States. These adverse weather patterns are stoking …

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