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    DAILY MARKET ANALYSIS

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

    12 August 2024
    Week ahead: Market recovery or temporary reprieve?

    The S&P 500 staged a dramatic comeback, posting its largest gain since 2022 with a 2.3% rise on Thursday. By the end of the week, the index had recovered over 4% from its Monday lows, and the VIX had settled …

    9 August 2024
    Rupee holds near record low despite positive Asian market cues

    Key Points Asian currencies gained 0.1%-0.2%, and equities rose following strong US jobless claims data, easing recession fears. Despite positive Asian cues, the Indian rupee remains among the worst performers this month, reflecting strong US dollar demand. The rupee’s divergence …

    9 August 2024
    NZDUSD holds gains as rate cut bets ease after positive employment data

    Key Points The unemployment rate of New Zealand increased, but less than expected, in the second quarter, which provided some relief to the market. Employment figures showed growth, and while annual wage inflation continued to slow for the fifth consecutive …

    8 August 2024
    Oil prices tick up on sharp fall in US crude oil inventories 

    Oil prices edged higher after a significant drop in US crude inventories, rebounding from multi-month lows. Learn more about the factors influencing the oil market.

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