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    DAILY MARKET ANALYSIS

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

    7 August 2024
    Australian dollar rises on hawkish hold from the RBA 

    The Australian dollar appreciates to near one-week high after RBA maintains cash rate at 4.35% and warns inflation remains high. US Fed rate cuts also influence the Aussie.

    7 August 2024
    Airbnb Q2 2024 earnings with EPS miss and revenue beat 

    Airbnb reports Q2 2024 earnings with an EPS of 86 cents, missing estimates, but beats revenue expectations with $2.75 billion. Read more about the market implications.

    7 August 2024
    Asia stocks rise, yen retreats after BOJ rules out rate hikes

    Asian share markets extended their gains on Wednesday, with a notable rise in the Nikkei. This surge followed the Bank of Japan’s unexpected indication that it would not raise interest rates while markets remain volatile, leading to a sharp fall …

    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. 

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