About: anakin
Recent Posts by anakin
Soybean and corn prices rise on strong demand signals and crop tour insights
Key points: Soybean and corn futures on the Chicago Board of Trade (CBOT) ticked higher on Wednesday as signs of stronger demand and positive yield forecasts from the ongoing Pro Farmer crop tour lent support to prices. The most-active soybean contract rose 0.2% to $9.77-1/2 a bushel, while corn edged up 0.4% to $3.99-3/4 aContinue Reading
Written on August 21, 2024 at 7:01 am
Categories: Today's Analysis
Tags: Commodities, Policy
Nikkei declines as yen gains strength and US jobs data approaches
Key points: Japan’s Nikkei 225 fell 0.7% to 37,805.35 in morning trade on Wednesday, with the broader Topix index down 0.6% to 2,655.29. This decline comes as the yen strengthened overnight, trading around 145.36 per dollar after touching a low of 147.34 the previous day. A stronger yen is often unfavourable for Japanese exporters, asContinue Reading
Written on August 21, 2024 at 6:01 am
Categories: Today's Analysis
Tags: Indices, Stocks
Oil prices decline with geopolitical risks easing and China demand weakening
Oil prices fall alongside easing Middle East tensions and weaker demand from China. Geopolitical developments and U.S. inventory data remain key drivers.
Written on August 20, 2024 at 9:41 am
Categories: Today's Analysis
Tags: Oil
Japanese yen gains strength on Fed rate cut expectations
The JPY gains strength against the U.S. dollar, supported by expectations of a Fed rate cut and robust Japanese economic data. Read more for insights on the monetary policy of BoJ.
Written on August 20, 2024 at 9:35 am
Categories: Today's Analysis
Tags: Dollar, Forex, Yen
Japan’s Nikkei rises on weaker yen and tech sector gains
The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a softer yen.
Written on August 20, 2024 at 7:52 am
Categories: Today's Analysis
Tags: Indices, Nikkei, Stocks
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