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    11 September 2024
    Chicago wheat steady as Black Sea supplies pressure prices; soybeans up on stable crop ratings

    Chicago wheat prices remained largely unchanged on Wednesday, hovering around $5.74-1/4 per bushel, as ample supplies from the Black Sea region continued to weigh on the market. -vtmarkets.com

    11 September 2024
    Yen nears a 5-week high as traders focus on the U.S. presidential debate and inflation report

    The yen held close to a five-week high on Wednesday, with USD/JPY at 142.18. The dollar was down 0.2% in early trading, and traders are now focused on upcoming U.S. inflation data and the first U.S. presidential debate between Kamala …

    10 September 2024
    Sterling falls as the U.S. dollar gains on jobs-fueled rally

    Key Points: GBPUSD fell 1% after US dollar strength was fueled by lower-than-expected jobs data. The US economy added 142,000 jobs in August, below the consensus estimate of 164,000. Markets now anticipate volatility leading up to the Fed’s interest rate …

    10 September 2024
    Aussie drops to 3-week low on weak sentiment and domestic data

    Key Points: AUDUSD dips below $0.666 due to weak consumer and business sentiment in Australia. Traders exercise caution ahead of key U.S. inflation data and potential Federal Reserve rate cuts. RBA keeps rates steady, focusing on managing inflation and labor …

    10 September 2024
    Insights for investors on the iPhone 16 Pro launch at the Apple event

    Key points: Apple revealed the iPhone 16 Pro, featuring improved battery life and AI-driven personal intelligence capabilities. Apple shares are forecasted to grow earnings by 9% in FY24, with a 2% increase in sales. Apple hosted its highly anticipated September …

    10 September 2024
    Gold prices stable as investors prepare for US inflation report

    Key points: Spot gold remains flat at $2,504.98 per ounce as of 0027 GMT. Fed funds futures price in a 70% chance of a 25-basis-point interest rate cut in September. Gold prices remained stable on Tuesday as investors awaited critical …

    9 September 2024
    Gold prices silences as markets await key Fed decision on rate cuts

    Key Points: Gold prices held near $2,500 per ounce as markets speculated on the Fed’s upcoming interest rate decision. Mixed U.S. jobs data, with fewer jobs added than expected, but rising wages and steady unemployment at 4.2%. Market participants are …

    9 September 2024
    Oil prices rebound as U.S. Gulf coast braces for hurricane

    Key Points: Oil prices jumped in the Asian session following the steep selloff.. Weather concerns, including a potential hurricane approaching the U.S. Gulf Coast contributed to the rebound. Oil prices made a sharp recovery as the threat of a hurricane …

    9 September 2024
    Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline

    Key points: Japan’s Nikkei index fell 3.02%, breaking below 36,000 for the first time since mid-August. Chipmaker Renesas and Lasertec fell sharply by 7.72% and 8.15%, respectively. Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of …

    9 September 2024
    Dollar holds steady while yen slips amid ongoing Fed rate-cut debate

    Key points: Dollar stays within range: USD remains steady with the DXY index at 101.21. Yen drops: USDJPY fell 0.26% to 142.65, paring last week’s gains. The dollar held steady on Monday as investors remained uncertain about the size of …