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    DAILY MARKET ANALYSIS

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

    8 May 2024
    MARKETS TODAY: RBA holds rates high as inflation challenges loom

    Key points RBA Interest Rate Hold: The Reserve Bank of Australia keeps rates steady at 4.35%. Global Stock Resilience: Despite challenges, global stocks show enduring strength, partly fueled by corporate earnings. The Reserve Bank of Australia (RBA) has chosen to …

    8 May 2024
    Nikkei faces downturn amid earnings and profit-taking

    Key points The Nikkei share average fell by 1.6% to 38,202.37, erasing previous gains. Corporate earnings and U.S. economic indicators significantly influenced market movements. Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in …

    7 May 2024
    South Korean shares rise on Fed rate cut hopes and positive U.S. stocks

    Key points South Korean shares climbed on investor hopes for U.S. Federal Reserve rate cuts and positive U.S. stock movements. South Korea’s foreign exchange reserves fell in April, while corporate earnings from Kumho Petrochemical indicated a decline in net income. …

    7 May 2024
    Week Ahead: Market optimism fueled by surprising US earnings reports

    This week, the financial markets have displayed resilience, particularly evident in U.S. stocks buoyed by an impressive earnings season—the most robust in nearly two years. The S&P 500 reported a notable 5% year-over-year growth in earnings per share for Q1 …

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