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    DAILY MARKET ANALYSIS

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

    27 May 2024
    Nasdaq index soars as tech stocks continue to rally 

    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 …

    27 May 2024
    Dollar strengthens ahead of news on global inflation

    Key points: Dollar supported by interest rate expectations and mixed U.S. economic data. Euro and yen trading in tight ranges, awaiting key inflation readings. The dollar started the week on a firm note as traders awaited crucial inflation data from …

    27 May 2024
    Oil prices steady ahead of OPEC+ meeting

    Key points: OPEC+ to discuss maintaining voluntary output cuts of 2.2 million barrels per day. Brent crude futures for July increased slightly to $82.23 a barrel. Oil prices saw minimal movement in early Asian trading on Monday, as market participants …

    27 May 2024
    Week ahead: PCE data to play integral role in Fed rate decisions

    The Dow Jones and S&P 500 both ended their multi-week winning streaks, a shift driven by economic data that came in hotter than expected. This unexpected resilience in the economy has prompted many to push back their expectations for Federal …

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