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    Market Analysis

    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 …

    25 April 2024
    ASIA: Nikkei in the Dumps: Tech Stocks Tumble, Yen Weakens

    Japan’s Nikkei share average recently saw a downturn, dropping 2.16% to close at 37,628.48, following a three-day upward streak. This slide was led primarily by losses in the technology sector, while the market braces for the Bank of Japan’s upcoming …

    25 April 2024
    FTSE 100 Hits Record High on Anglo American Buyout

    Britain’s FTSE 100 stock index saw notable activity with miner Anglo American (AAL) surging 12.5% to a nine-month high following a buyout offer from BHP Group. SEE: FTSE 100 sees upswing today on the VT Markets trading app BHP proposed acquiring …

    25 April 2024
    MARKETS TODAY: Yen Shift, Meta Stock Performance

    The USD/JPY pair has surpassed the 155.00 mark, a level highlighted by ex-Deputy Finance Minister Michio Watanabe as pivotal. SEE: USD/JPY breaks the 155.00 level on the VT Markets trading app This move comes as the market anticipates key economic data …

    25 April 2024
    S&P 500 Rises Despite Mixed Earnings, Higher Bond Yields

    In a session marked by volatile trading, the S&P 500 climbed, ending the day up 1.08 points or 0.02%, closing at 5,071.63. This gain came as the market processed a series of mixed signals—from an uptick in bond yields following …

    25 April 2024
    Oil Prices Volatile with Changing Expectations of Economy, Middle East

    Today, 25th April 2024, oil prices showed minor fluctuations in early Thursday trading, reflecting a blend of geopolitical concerns and economic indicators. Brent crude futures slightly dropped by 9 cents to $86.95 a barrel, while fell 7 cents to $82.74 …

    24 April 2024
    MARKETS TODAY: US Dollar, Treasury Yields, and Tesla’s Shift

    ICYMI – Market outlook for 24 April 2024 As we navigate through the final week of April, key economic indicators poised to test the resilience of the US dollar are on the horizon, with Q1 GDP figures and Core PCE …

    24 April 2024
    Sterling Stabilises After Tuesday’s Strong Gains

    Sterling stabilises after Tuesday’s strong gains, fueled by above-forecast U.K. purchasing-manager surveys, Bank of England signals that it isn’t in a rush to cut rates, and a weaker dollar. The currency’s performance reflects heightened market attention to central bank signals …

    24 April 2024
    Japanese Rubber Futures Decline From Lower Prices and Market Pressures

    24th April 2024 Japanese rubber futures on the Osaka Exchange (OSE) for October delivery experienced a downturn, falling by 5.1 yen or 1.65% to 304.2 yen ($1.97) per kg as of 0208 GMT. Similarly, the rubber contract for September delivery …