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    DAILY MARKET ANALYSIS

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

    7 August 2024
    Dollar steady, yen wobbles as traders assess rate cut bets and carry trades

    The dollar held its ground on Wednesday, while the yen retreated from a seven-month peak. Currency markets stabilised after a turbulent start to the week driven by recession fears and the unwinding of carry trades. 

    7 August 2024
    US stock market rebound after major market selloff during recession fears

    US stock market rebounds after a steep selloff, driven by recession fears and global market volatility. Notable tech giants like Microsoft and Tesla see major declines.

    6 August 2024
    EURUSD rallies on weak US jobs data: Best day since November 2023 

    EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.

    6 August 2024
    Strong yen brings down Japan Inc’s high-flying success

    In just three trading sessions, the Nikkei share average (NI225) has lost a fifth of its value. On Monday, it tumbled 12.4%, marking its second-largest decline on record and its biggest since the Black Monday crash of October 1987.

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