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    DAILY MARKET ANALYSIS

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

    10 September 2024
    Sterling falls as the U.S. dollar gains on jobs-fueled rally

    Key Points: GBPUSD fell 1% after US dollar strength was fueled by lower-than-expected jobs data. The US economy added 142,000 jobs in August, below the consensus estimate of 164,000. Markets now anticipate volatility leading up to the Fed’s interest rate …

    10 September 2024
    Aussie drops to 3-week low on weak sentiment and domestic data

    Key Points: AUDUSD dips below $0.666 due to weak consumer and business sentiment in Australia. Traders exercise caution ahead of key U.S. inflation data and potential Federal Reserve rate cuts. RBA keeps rates steady, focusing on managing inflation and labor …

    10 September 2024
    Insights for investors on the iPhone 16 Pro launch at the Apple event

    Key points: Apple revealed the iPhone 16 Pro, featuring improved battery life and AI-driven personal intelligence capabilities. Apple shares are forecasted to grow earnings by 9% in FY24, with a 2% increase in sales. Apple hosted its highly anticipated September …

    10 September 2024
    Gold prices stable as investors prepare for US inflation report

    Key points: Spot gold remains flat at $2,504.98 per ounce as of 0027 GMT. Fed funds futures price in a 70% chance of a 25-basis-point interest rate cut in September. Gold prices remained stable on Tuesday as investors awaited critical …

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