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DAILY MARKET ANALYSIS

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

5 September 2023
Mixed Performance in European Stock and Currency Markets During Labor Day Pause

European stock markets, led by the Stoxx 600 index, remained relatively stagnant on Monday as the US market observed Labor Day, preventing any substantial momentum. Despite initial gains, European indices like the FTSE 100, DAX, CAC 40, FTSE MIB, and …

4 September 2023
Week Ahead: Markets to Focus on RBA Rate Statement and BOC Rate Statement

The financial world is keeping a close watch on some important economic news this week. Two major central banks, the Reserve Bank of Australia (RBA) and the Bank of Canada (BOC), will be releasing their rate statements. Given the potential …

1 September 2023
Nasdaq Records Fifth Consecutive Gain Amidst Worst Monthly Performance in 2023

The Nasdaq Composite displayed resilience with its fifth successive day of gains, despite encountering its most substantial monthly decline in 2023. Closing at 14,034.97, the tech-centric index rose by 0.11% on Thursday. In contrast, the Dow Jones Industrial Average stumbled …

31 August 2023
S&P 500 Gains on Four-Day Streak Amid Economic Data Evaluation

The S&P 500 extended its winning streak to four days, rising 0.38% and surpassing 4,500 points to close at 4,514.87. The Dow Jones Industrial Average added 0.11%, while the tech-oriented Nasdaq Composite advanced 0.54% to 14,019.31. The S&P’s recent gains …

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