Stay on top of your trading with analyses of the latest market news.
Key points: The US Federal Reserve maintains its benchmark interest rate at 5.50%. Fed officials project fewer rate cuts, with only one expected this year. Major stock indexes rose sharply following a lower inflation rate in May. The US stock …
Key points: Nikkei fell 0.12% by midday, after earlier gains BOJ expected to keep interest rates steady and consider balance sheet reduction Japan’s Nikkei index reversed its early gains on Thursday, ending the morning session down 0.12% to 38,831.36. This …
Key points: KOSPI rises as foreigners become net buyers Korean won strengthens against the dollar South Korea’s benchmark bond yield falls South Korean shares saw a strong rise of more than 1% on Thursday, following a rally on Wall Street. …
Key Points: Brent crude oil rises to $82.32 per barrel, and WTI rises to $78.42 per barrel. US commercial crude oil inventory fell by 1.2 million barrels last week. EIA raises the 2024 global oil consumption growth forecast by 200,000 …
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