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    DAILY MARKET ANALYSIS

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

    27 June 2024
    Rupee likely to find support from expected inflows as US yields rise

    Key points: Rupee poised to open slightly higher, supported by bond inflows. U.S. Treasury yields reach near two-week high, posing challenges for Asian currencies. The Indian rupee is anticipated to open slightly higher on Thursday, driven by expected inflows from …

    27 June 2024
    Oil prices fall with US inventory increase 

    WTI and Brent crude oil prices fall due to unexpected rise in US inventories and market caution ahead of the US PCE data. Geopolitical tensions add to supply concerns.

    27 June 2024
    Japanese yen nears 38-year low as markets eye intervention and US inflation data 

    Key points:  The Japanese yen remains near a 38-year low, hovering around 160 per dollar, raising concerns of possible intervention by Japanese authorities.  US dollar strength continues as markets are in anticipation of its inflation data.  This article is a follow-up …

    26 June 2024
    Dow Jones outperforms as tech stocks slump alongside broad market selloff 

    Key Points:  The Dow Jones Industrial Average added 0.7%, driven by gains in consumer sectors.   In contrast, the S&P 500 declined by 0.3%, and the Nasdaq composite slumped over 1%, dragged down by chipmakers.  Nvidia (NVDA) was a major …

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