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    DAILY MARKET ANALYSIS

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

    4 June 2024
    Nvidia nears Apple in market cap as AI dominance drives growth 

    Key points:  The market cap of Nvidia surged by $700 billion in May, now valued at $2.7 trillion.  Apple faces challenges with a monopoly lawsuit and declining sales in China.  AI dominance drives the rapid growth in Nvidia, bringing in …

    4 June 2024
    Gold steady as focus turns to U.S. data

    Key points: Gold prices hold steady at $2,347.48 per ounce. Investors await key U.S. economic data this week. Gold prices were flat in early Asian trading on Tuesday after a sharp gain in the previous session. Investors are bracing for …

    3 June 2024
    ECB rate cuts and US jobs data key in deciding market trajectory

    Key points: ECB Rate Cut sees possible 25 basis point reduction with future signals being key. In the US, NFP release on Friday could prompt re-pricing of US interest rate cuts. The European Central Bank (ECB) is set to cut …

    3 June 2024
    Hong Kong stocks surge on rate cut prospects; mixed performance in China

    Key points: Hang Seng Index gains 2.32%, marking its best day since May 2. ECB expected to cut rates by 0.25%, influencing regional market sentiment. On Monday, Hong Kong’s stock market experienced an observable surge, with the benchmark Hang Seng …

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