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    DAILY MARKET ANALYSIS

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

    9 May 2024
    Gold prices steady ahead of the release of US economic data

    Key points: U.S. jobless claims and consumer sentiment data are set to provide fresh economic insights. Platinum faces its largest market deficit in a decade, influencing its pricing dynamics. Gold prices stabilise as economic data looms Gold prices held steady …

    9 May 2024
    Oil prices surge on reduced U.S. supply and interest rate speculation

    Key points U.S. crude inventories decrease, suggesting a tightening oil supply. Rising expectations for a Federal Reserve rate cut by the end of the year influence oil market trends. 9th May 2024 – On Thursday, oil prices experienced a moderate …

    9 May 2024
    Increased farmer sales are easing bids for soybeans and corn

    Key points Soy and corn basis bids have dropped slightly due to increased farmer sales and recent fluctuations in futures prices. Barge freight costs are rising, and international demand remains robust, as seen in recent large-scale wheat purchases by Egypt. …

    8 May 2024
    Hang Seng sees dip before Chinese trade data release

    Key points Hong Kong’s Hang Seng Index and HSCEI experienced significant declines as markets brace for upcoming Chinese trade data. Investors are closely watching for insights into China’s economic condition through detailed export and import figures due tomorrow. On Wednesday, …

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