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    DAILY MARKET ANALYSIS

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

    18 June 2024
    Japan’s Nikkei climbs as investors snap up shares following sharp decline

    Key points: The Nikkei rose 1% to 38,482.11. The broader Topix ended 0.58% higher at 2,715.76. Tokyo Electron rose 2.7%, while TDK jumped 6.32%. Japan’s Nikkei share average saw a recovery on Tuesday, rising 1% to 38,482.11 as investors took …

    18 June 2024
    Aussie sees minimal boost from RBA’s hawkish stance

    Key points: The RBA held rates steady at 4.35%. Markets now see a 56% chance of a rate cut in December. Core inflation in Australia stands at an annual 4.0%. The Australian dollar showed little movement on Tuesday after the …

    18 June 2024
    Oil prices edge down as demand growth prospects remain uncertain 

    Key points:  Brent crude oil fell to $84.13 per barrel.  West Texas Intermediate crude oil slipped to $80.19 a barrel.  Market focus shifts to global demand growth and inventory levels.  Oil prices edged down in Asian trade on Tuesday, after …

    18 June 2024
    The rise of Nvidia: Potential risks of a bubble 

    Key points:  Stock price of Nvidia appreciated over 140% in 2024, crossing a $3 trillion market cap.  The price movement is displaying the pattern of a “bubble-ish territory”   This article is a follow-up to: Nvidia soars to record highs  Nvidia …

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