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    DAILY MARKET ANALYSIS

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

    28 June 2024
    Wheat poised for largest monthly decline in 2 years due to harvest pressure

    Key points: Chicago wheat prices remained stable on Friday, holding on to gains from the previous session due to strong demand. The market is on track for its largest monthly decline in two years, driven by harvest pressures across the …

    27 June 2024
    Japan’s Nikkei dips on yen intervention fears

    Key points: Nikkei closed down 0.82% at 39,341.54, with technology shares dragging. Yen touched 160.88 per dollar overnight, raising intervention concerns. Japan’s Nikkei share average fell on Thursday, reversing much of its gains from the previous session. This drop comes …

    27 June 2024
    Rupee likely to find support from expected inflows as US yields rise

    Key points: Rupee poised to open slightly higher, supported by bond inflows. U.S. Treasury yields reach near two-week high, posing challenges for Asian currencies. The Indian rupee is anticipated to open slightly higher on Thursday, driven by expected inflows from …

    27 June 2024
    Oil prices fall with US inventory increase 

    WTI and Brent crude oil prices fall due to unexpected rise in US inventories and market caution ahead of the US PCE data. Geopolitical tensions add to supply concerns.

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