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    DAILY MARKET ANALYSIS

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

    3 July 2024
    Japan’s Nikkei climbs as tech stocks follow US growth shares

    Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.

    3 July 2024
    Gold rises as dollar weakens; attention turns to U.S. Fed minutes

    Gold prices saw a modest rise on Wednesday, gaining 0.1% to $2,331.41 per ounce by 0026 GMT, while U.S. gold futures rose 0.3% to $2,340.50. This increase comes as the U.S. dollar weakened, making gold more affordable for holders of …

    2 July 2024
    Copper prices still on the lows with weak demand in China 

    Key Points:  Copper prices consolidate around $4.38 per pound with high production and weak demand.  The manufacturing PMI contraction in China signals potential economic slowdowns, dampening copper demand.  Short-term volatility in copper prices is expected due to the current economic …

    2 July 2024
    Oil prices hover at high with summer demand and rate cut hopes 

    Key points:  Brent crude oil rose to $86.80 per barrel, while WTI crude oil climbed to $83.51 per barrel.  Increased US travel demand for the Independence Day holiday and potential interest rate cuts are supporting prices.  Concerns over Hurricane Beryl …

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