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    DAILY MARKET ANALYSIS

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

    25 June 2024
    Gold prices edge lower in anticipation of key US inflation data 

    Key points:  Upcoming US inflation data including first-quarter gross domestic product (GDP) and the personal consumption expenditures (PCE) price index report will be released later this week.   These reports are crucial in revealing inflation trends and can change the …

    25 June 2024
    China’s yuan hits 7-month low due to weak PBOC guidance

    Key points: Yuan dropped to 7.2630 in morning trade, its lowest since November PBOC set the midpoint rate at 7.1225 per dollar, the weakest since November China’s yuan eased to a fresh seven-month low against the dollar on Tuesday, signaling …

    25 June 2024
    US dollar bullish in anticipation of the PCE inflation data release 

    Key points:  The personal consumption expenditures index (PCE) will be announced on Friday.  If the PCE data for May shows price pressures eased from April’s 2.8% clip, this will increase the probability of interest rate cuts this year.  The US …

    24 June 2024
    Bank Indonesia maintains interest rates despite rupiah weakness 

    Bank Indonesia (BI) signals that there is no necessity for rate hikes despite the decline of the IDR to 2020 lows. Explore how BI will stabilise and manage inflation.

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