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    DAILY MARKET ANALYSIS

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

    4 October 2024
    Nikkei Set for Decline as Ishiba Shakes Markets

    The Nikkei fell 2.8% this week due to Prime Minister Ishiba’s shifting stance on rate hikes, with Kawasaki Kisen dropping 9.2% after the U.S. port strike ended. – vtmarkets.com

    4 October 2024
    Wheat Holds Steady Below a 3.5-month High as Supply Risks Persist

    Wheat futures fell by 0.8%, yet remain up 3.4% for the week due to Russian drought concerns and export restrictions. Meanwhile, soybean prices stayed flat, with the market under pressure from improved weather conditions in Brazil, easing supply worries. – …

    4 October 2024
    USDCNH on the Move Amid Beijing’s Stimulus

    Beijing’s stimulus package is boosting Chinese stocks, but its effect on the yuan is under scrutiny as USDCNH continues its bullish momentum. Traders are closely watching the interplay between China’s economic recovery efforts and U.S. economic data for market direction. …

    4 October 2024
    Oil Prices Rise on Middle East Tensions, Limited by Global Supply

    Oil prices inch higher on concerns over Middle East conflict, however as global supply remains stable, potential price spikes remain moderated. – vtmarkets.com

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