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    DAILY MARKET ANALYSIS

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

    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

    4 October 2024
    Gold Steady as Markets Await U.S. Payroll Data, Interest Rate Forecast in Focus

    Gold prices remain flat, with markets closely watching upcoming U.S. nonfarm payroll data and its potential impact on Federal Reserve rate decisions. Other precious metals, including silver and platinum, show mixed performance as geopolitical tensions and economic indicators drive cautious …

    3 October 2024
    Rupee Under Pressure as Dollar Gains Strength

    The Indian rupee is expected to open near 83.92-83.94, pressured by a stronger U.S. dollar driven by robust jobs data and reduced expectations for a large Fed rate cut. Rising oil prices due to Middle East tensions add further downside …

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