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    DAILY MARKET ANALYSIS

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

    22 August 2024
    Gold dips as traders eye Fed rate cut and U.S. jobs data

    Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.

    22 August 2024
    Nvidia challenged by the AMD strategic acquisition in AI

    Key Points: The dominance of Nvidia in AI infrastructure faces a potential challenge as AMD acquired ZT Systems for $4.9 billion in a bid. The stock price of Nvidia mellowed down as a commercial threat is likely from this acquisition. …

    22 August 2024
    Rupee stabilises on U.S. dollar weakness and hedging by importers

    Key Points: The Indian rupee is expected to open flat against the U.S. dollar, following its best day in nearly two months as the dollar index remains near its lowest level of the year. Importers are likely to take advantage …

    21 August 2024
    Soybean and corn prices rise on strong demand signals and crop tour insights

    Key points: Soybean and corn prices rise due to increased demand and promising yield prospects in key U.S. states. Wheat prices gain as concerns grow over Russia’s potential harvest shortfall. Soybean and corn futures on the Chicago Board of Trade …

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