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    DAILY MARKET ANALYSIS

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

    10 June 2024
    Euro hits one-month low following Macron’s snap French election call

    Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …

    10 June 2024
    Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD 

    Key points:  Brent crude futures fell to $79.58, and WTI crude futures dropped to $75.49 per barrel.  Strong US jobs data pushed out expectations for interest rate cuts, strengthening the US dollar.  Call for snap legislative elections by Macron adds …

    10 June 2024
    Strong nonfarm payrolls report throws rate cut timeline of the Federal Reserve into question 

    Key points:  US nonfarm payrolls exceed expectations with 272,000 new jobs in May.  Strong job gains complicate the trajectory of the anticipated rate cut by the Federal Reserve.  A high interest rate prospects boost the US dollar and impact gold …

    10 June 2024
    Week ahead: FOMC maintains rates despite inflation easing

    The Federal Open Market Committee (FOMC) chose to maintain the federal funds rate at its meeting on May 1, marking the sixth consecutive meeting without a change. This decision was influenced by earlier inflation data and robust job growth, which …

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