Key points: Tesla shares fell 1.8% to $170.66. Expected quarterly earnings decline of 34.07%. Tesla’s stock ended the latest trading session at $170.66, down 1.8% from the previous day’s close. This decline occurred despite the S&P 500 gaining 0.27% and …
Key points: Wheat futures rise 0.1% to $6.27 a bushel. Soybeans flat at $11.78 a bushel; corn dips 0.1% to $4.49-1/4 a bushel. Chicago wheat futures extended their climb on Wednesday, adding to the previous session’s strong gains. The market …
Key points: Most base metals fell on Tuesday due to a weaker Chinese yuan (CNY) and high physical inventories. Copper fell 0.5% to $4.47 per pound. High inventories and weak demand continued to pressure base metal prices. Base metals experienced …
Key points: Gold prices fell 4.5%, dropping below $2,300 per ounce after strong US jobs data. Non-farm payrolls surged to 272,000 in May, far exceeding expectations. Upcoming US inflation data and Fed interest rate decision will determine market sentiment. Gold …
Key points: Indonesian rupiah at lowest level in 4 years Taiwan stocks jump to a record high US CPI data and Fed policy meeting due on Wednesday Emerging Asian markets were finely balanced on Tuesday as traders awaited the release …
Key points: Australian and New Zealand dollars slip ahead of Fed meeting and U.S. inflation data. Support for Aussie dollar at $0.6580 and kiwi dollar at $0.6080. The Australian and New Zealand dollars faced pressure on Tuesday as traders prepared …
Key points: Indonesian Rupiah reaches a four-year nadir, influencing broader trends in emerging Asian currencies. Jakarta stocks descend to their lowest point since November 2023, amid regional market pressures. The Indonesian Rupiah marked a new four-year low on Monday, declining …
Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …
Key points: Brent crude futures fell to $79.58, and WTI crude futures dropped to $75.49 per barrel. Strong US jobs data pushed out expectations for interest rate cuts, strengthening the US dollar. Call for snap legislative elections by Macron adds …
Key points: US nonfarm payrolls exceed expectations with 272,000 new jobs in May. Strong job gains complicate the trajectory of the anticipated rate cut by the Federal Reserve. A high interest rate prospects boost the US dollar and impact gold …
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