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    DAILY MARKET ANALYSIS

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

    29 August 2024
    Asian shares fall as Nvidia’s earnings disappoint; investors focus on U.S. jobless claims

    Key points: Asian shares followed Wall Street futures lower, with Nvidia’s stock dropping 7.6% after earnings missed bullish expectations. Investors are closely watching U.S. jobless claims and inflation data for potential shifts in Fed policy. Asian shares declined on Thursday, …

    29 August 2024
    Aussie targets $0.6871 on strong inflation data; kiwi gains on confidence boost

    Key points: AUDUSD holds near $0.6793, with support at $0.6759 and a target at $0.6871. NZDUSD rises to $0.6286, eyeing the next target at $0.6370, supported by a +23 point surge in business confidence. The Australian and New Zealand dollars …

    28 August 2024
    S&P 500 retraces as the markets eye Nvidia earnings for AI demand insights

    The S&P 500 retraced ahead of the Nvidia earnings report, with investors keen on assessing the strength of the AI-driven tech rally. Corporate news also influenced market sentiment as Nordstrom and Ambarella surged on earnings beats, while PVH and Paramount …

    28 August 2024
    Oil prices recover as Libya supply issues and demand concerns impact markets

    Market participants, and the price action for crude oil, are caught between potential supply disruptions from geopolitical tensions in Libya and the Middle East and concerns over weakening global fuel demand. -vtmarkets.com

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