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    DAILY MARKET ANALYSIS

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

    4 July 2024
    New Zealand dollar rises on Fed rate cut speculation 

    The New Zealand dollar (NZD) appreciated to $0.611 against the US dollar (USD) as soft labor market data and weaker-than-expected services activity in the US fueled speculation about potential Federal Reserve rate cuts later in the year.

    4 July 2024
    Asian stocks reach 27-month high, dollar falls on rate cut speculation

    Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …

    4 July 2024
    Dollar weakens after soft data, Yen still struggling

    The dollar faced pressure on Thursday following U.S. economic data that indicated slowing growth. Despite this, the yen remained weak, pinned near a 38-year low, prompting concerns about possible government intervention.

    3 July 2024
    Nasdaq composite hits record high with AI optimism and strong earnings prospects 

    Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.

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