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    DAILY MARKET ANALYSIS

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

    24 September 2024
    Nikkei Hits 3-Week High on Wall Street Gains and BOJ Dovishness

    Key points: Nikkei jumps 1.5%, reaching 38,293.34, after Wall Street’s strength. BOJ’s dovish stance supports market sentiment, as chip-related stocks rally. The Nikkei climbed to a three-week high as trading resumed after a long holiday weekend in Japan. Boosted by …

    24 September 2024
    Australian Dollar Approaches 2024 High as China Lowers Rates Ahead of RBA Decision

    Though economists widely expect the RBA to hold interest rates steady, the market seems divided on the potential for cuts in the near term. Reuters’ poll of 44 economists shows just four anticipate a reduction by year-end, while traders see …

    23 September 2024
    Kiwi holds steady as traders await upcoming U.S. economic data

    The New Zealand dollar holds steady as traders focus on U.S. economic data and upcoming RBNZ rate cuts on domestic economic contraction. Short-term outlook remains cautious as global and local factors play a role. -vtmarkets.com

    23 September 2024
    Copper prices edge higher on positive sentiment after Fed rate cut

    Copper prices edge higher after the rate cut from the U.S. Federal Reserve, with further support stemming from improving U.S. economic sentiment and rising demand from China. -vtmarkets.com

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