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    DAILY MARKET ANALYSIS

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

    16 August 2023
    Stock Market Slumps Amid Global Economic Concerns and Banking Sector Weakness

    Stock markets experienced a significant decline on Tuesday, driven by mounting apprehensions about the global economy, particularly China, and a downturn in the U.S. banking sector. The Dow Jones Industrial Average dropped by 361.24 points, or 1.02%, closing at 34,946.39, …

    15 August 2023
    US Stocks Rebound as Tech and Chip Sectors Drive Gains, Amidst Mixed Market Trends

    On Monday, US stocks rebounded with the S&P 500 and Nasdaq Composite both gaining ground. The broader market index rose 0.58%, closing at 4,489.72, while the Nasdaq surged by 1.05% to end at 13,788.33. In contrast, the Dow Jones Industrial …

    14 August 2023
    Week Ahead: Markets to Focus on RBNZ Rate Statement and US Retail Sales

    Important economic events will have a significant impact on the forex market this week. Keep an eye out for the Reserve Bank of New Zealand’s (RBNZ) Rate Statement and the US data for retail sales. This information could greatly influence …

    11 August 2023
    Dow Edges Higher on Disney Rally and Moderate Inflation Data

    The Dow Jones Industrial Average saw a modest increase on Thursday, propelled by a surge in Disney’s stock following their post-earnings announcement of a price hike for ad-free Disney+ subscriptions. The market was also buoyed by a key inflation report …

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