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    DAILY MARKET ANALYSIS

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

    26 July 2024
    US GDP growth boosts crude oil demand despite Asian challenges

    Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.

    25 July 2024
    US dollar gains momentum as euro dips below its weekly peak 

    Key points:  The euro slipped further below its weekly peak, driven by technical trading.  The US dollar continues to gain strength, supported by strong economic data.  Upcoming US GDP and PCE data are expected to influence market movements.  The EURUSD …

    25 July 2024
    Tesla stock drops as Q2 profits halve 

    Tesla stock falls following Q2 earnings miss. CEO Elon Musk forecasts a $5 trillion valuation with robotaxis. Read more for market implication.

    25 July 2024
    Gold falls as investors wait for U.S. economic data

    Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.

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