Stay on top of your trading with analyses of the latest market news.
Key points: PBOC sets the midpoint rate at 7.1101 per U.S. dollar. Onshore yuan opened at 7.2425 per dollar, midday at 7.2461, weaker by 11 pips. On Tuesday, China’s yuan slipped slightly as traders remained cautious ahead of key inflation …
Key points The Indian rupee opens little changed, with a focus on speculative flows. U.S. core PCE inflation data and Fed policy outlook remain crucial for global markets. The Indian rupee is expected to open steady on Tuesday, influenced by …
Key points: Gold rises to $2,339.9 a troy ounce, recovering from recent losses. Market focus shifts to the U.S. Personal Consumption Expenditures (PCE) price index release this coming Friday. Federal Reserve minutes dampened hopes for rate cuts, impacting gold prices …
Key points: Nasdaq composite index closed at a record high of 16,920.79, gaining 1.3% last week. Impressive earnings report from Nvidia drives investor interest in AI-related stocks. Nasdaq achieves nearly 9% gain in May, leading major indices. The Nasdaq composite …
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