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    DAILY MARKET ANALYSIS

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

    3 October 2024
    S&P 500 Closes Flat as Tech Gains Pressured by Middle East Tensions

    Nvidia’s gains lifted the tech sector, but Tesla’s drop and Middle East tensions kept the S&P 500 flat as traders remained cautious. Focus now shifts to Friday’s U.S. non-farm payroll report, which could influence the Federal Reserve’s next interest rate …

    3 October 2024
    Aussie Hits 2-Month High Against Yen, Kiwi Struggles

    The Australian dollar surged 2% overnight to reach 101.25 yen, breaking through the 100.00 resistance barrier. This surge came as Japan’s newly appointed Prime Minister, Shigeru Ishiba, signalled opposition to further interest rate hikes, a shift in stance from his …

    3 October 2024
    Gold Steady as Middle East Tensions Rise, US Data in Focus

    Gold prices remained steady at $2,659.05 per ounce on Thursday, as traders focused on growing turmoil in the Middle East and awaited key U.S. economic data that could influence interest rate expectations. -vtmarkets.com

    3 October 2024
    Dollar Strengthens on Solid U.S. Job Data

    The U.S. dollar climbed to a one-month high against the yen, supported by robust job numbers, while the yen weakened after Japan signalled no urgency for rate hikes. Meanwhile, the euro remains under pressure amid geopolitical tensions and expectations of …

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