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    DAILY MARKET ANALYSIS

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

    3 June 2024
    Dollar maintains strength as market watches inflation and Fed rate moves

    Key points: The dollar index remained steady at 104.58 on Monday, reflecting a 1.56% decline in May but up 3% for the year. Emerging market currencies, particularly the Indian rupee and Mexican peso, showed strength following positive election results in …

    3 June 2024
    Week ahead: Wall Street sees declines as treasury yields rise

    Wall Street endured a tough week, marked by significant declines driven by rising Treasury yields and hawkish comments from Federal Reserve officials. The market sentiment was further dampened by higher-than-expected inflation data from Germany and Australia, escalating global inflation concerns. …

    31 May 2024
    Japan to intervene in forex market as the Japanese yen hits 34-year low 

    Key points:  Finance Minister of Japan Shunichi Suzuki emphasizes need for forex stability.  Suspected intervention of JPY 9 trillion (approximately USD 57.11 billion) to support the Japanese currency.  10-year Japanese government bond yield reaches 1.1%, highest since 2011.  This article …

    31 May 2024
    Gold edges higher ahead of key inflation report, poised for monthly gain

    Key points: Gold is on track for its fourth consecutive monthly gain, showing resilience in the face of fluctuating economic indicators. The market anticipates the April personal consumption expenditures price index, a critical measure for future Federal Reserve policies. Gold …

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