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    DAILY MARKET ANALYSIS

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

    20 August 2024
    Japan’s Nikkei rises on weaker yen and tech sector gains

    The Nikkei 225 Index rebounded on Tuesday, closing 1.8% higher at 38,062.92, marking its strongest level since August 1. The session saw the index rise more than 2% at one point, driven by a rally in technology shares and a …

    20 August 2024
    Dollar hits seven-month low on rate cut expectations; Powell’s speech in spotlight

    On Tuesday, the U.S. dollar hovered near its lowest point in seven months, driven by increasing expectations that the Federal Reserve may begin cutting interest rates as soon as next month.

    19 August 2024
    New Zealand dollar extends rebound on Fed rate cut expectations

    The New Zealand dollar continued its recovery, as markets anticipate upcoming Federal Reserve rate cuts. Focus shifts to the FOMC Minutes and Powell’s speech at Jackson Hole for further guidance.

    19 August 2024
    Chinese yuan edges higher as the US dollar softens ahead of rate cut anticipation 

    The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.

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