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    DAILY MARKET ANALYSIS

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

    24 June 2024
    Rupee expected to struggle as positive US data strengthens dollar

    Key points: Indian rupee expected to open weaker after US business activity rise. Dollar index climbs to 105.84, impacting rupee performance. The Indian rupee is likely to face pressure at the start of the week following a rise in U.S. …

    24 June 2024
    Wheat prices fall to lowest level since April due to increased supply, strong dollar

    Key points: Chicago wheat futures fell to $5.73-1/2 a bushel, the lowest since April. The U.S. dollar’s strength is impacting wheat, corn, and soybean prices. Chicago wheat futures experienced a dip to their lowest point since April, driven by a …

    24 June 2024
    Chinese renminbi loses strength in the face of a strong US dollar 

    With a strong US dollar in the backdrop, the USDCNH currency pair is seeking to break above 7.30, despite efforts from the PBOC to counterbalance the US dollar.

    24 June 2024
    Week ahead: Updated inflation data expected to influence policy

    This week, market participants will have their eyes on key economic indicators from Australia, the US, and China, as these data points are expected to provide deeper insights into inflation trends and economic health. Australia to release CPI for June …

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