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    DAILY MARKET ANALYSIS

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

    9 September 2024
    Gold prices silences as markets await key Fed decision on rate cuts

    Key Points: Gold prices held near $2,500 per ounce as markets speculated on the Fed’s upcoming interest rate decision. Mixed U.S. jobs data, with fewer jobs added than expected, but rising wages and steady unemployment at 4.2%. Market participants are …

    9 September 2024
    Oil prices rebound as U.S. Gulf coast braces for hurricane

    Key Points: Oil prices jumped in the Asian session following the steep selloff.. Weather concerns, including a potential hurricane approaching the U.S. Gulf Coast contributed to the rebound. Oil prices made a sharp recovery as the threat of a hurricane …

    9 September 2024
    Japan’s Nikkei drops 3% as tech stocks track Wall Street’s decline

    Key points: Japan’s Nikkei index fell 3.02%, breaking below 36,000 for the first time since mid-August. Chipmaker Renesas and Lasertec fell sharply by 7.72% and 8.15%, respectively. Japan’s Nikkei 225 index dropped 3.02% on Monday, falling to 35,292.62 as of …

    9 September 2024
    Dollar holds steady while yen slips amid ongoing Fed rate-cut debate

    Key points: Dollar stays within range: USD remains steady with the DXY index at 101.21. Yen drops: USDJPY fell 0.26% to 142.65, paring last week’s gains. The dollar held steady on Monday as investors remained uncertain about the size of …

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