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    DAILY MARKET ANALYSIS

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

    1 July 2024
    Week ahead: Cautious optimism from US equity markets

    This week, US equity markets experienced a subdued uptick, with the Nasdaq gaining 6.76% month-to-date (MTD), the S&P 500 rising by 3.89% MTD, and the Dow Jones adding a modest 36 points, or 0.09%. Traders are waiting with bated breath …

    28 June 2024
    Stocks edge up, bond yields dip; inflation data ahead

    Key points: US stocks finish slightly higher Yen inches up vs US dollar US presidential debate set for late Thursday Global stock indexes edged higher on Thursday, while U.S. Treasury yields dipped slightly after a series of U.S. economic reports …

    28 June 2024
    Mexican peso nears 15-month low following economic data and political uncertainty 

    Key points:  The Mexican peso weakens to 18.4 per USD, nearing 15-month low of 18.75.  Banxico maintains interest rates at 11% with rising inflation.  Unemployment drops to 2.6%, trade surplus at $1.99 billion.  The Mexican peso weakened to 18.4 per …

    28 June 2024
    Q4 revenue of Nike falls following decrease in North American footwear sales 

    Key points:  The net profit of Nike for the quarter ended May 31 exceeded expectations by 15.11%.  Revenue fell 1.7% to $12.61 billion, missing the expected $12.86 billion.  Footwear sales in North America dropped 6% to $3.59 billion, contributing to …

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