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    DAILY MARKET ANALYSIS

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

    13 June 2024
    South Korean shares gain over 1% on Wall Street rally; Chipmakers shine

    Key points: KOSPI rises as foreigners become net buyers Korean won strengthens against the dollar South Korea’s benchmark bond yield falls South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. …

    12 June 2024
    Oil prices rise on falling US inventories and higher global demand forecasts 

    Key Points:  Brent crude oil rises to $82.32 per barrel, and WTI rises to $78.42 per barrel.  US commercial crude oil inventory fell by 1.2 million barrels last week.  EIA raises the 2024 global oil consumption growth forecast by 200,000 …

    12 June 2024
    Japanese yen hovers at lows with hotter producer inflation and BOJ speculations 

    Key Points:  Japanese yen holds around 157.2 per dollar, despite stronger-than-expected producer inflation.  Producer prices in Japan rose 2.4% year-on-year in May 2024, the highest since August last year.  The market awaits the policy decision of the Bank of Japan …

    12 June 2024
    Tesla (TSLA) stock falls while market gains

    Key points: Tesla shares fell 1.8% to $170.66. Expected quarterly earnings decline of 34.07%. Tesla’s stock ended the latest trading session at $170.66, down 1.8% from the previous day’s close. This decline occurred despite the S&P 500 gaining 0.27% and …

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