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    DAILY MARKET ANALYSIS

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

    15 July 2024
    Nasdaq and tech stocks plunge as inflation data spurs sell-off   

    Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.

    15 July 2024
    Gold slips as dollar strengthens; investors await Fed rate signals

    Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate …

    15 July 2024
    Week ahead: Tech sell-off, inflation data drives markets

    A sharp sell-off in mega-tech stocks dragged down the Nasdaq and the S&P 500. However, a cooler-than-expected inflation update suggested a nearly certain 25 basis points (bp) Federal Reserve rate cut in September. Learn how despite the tech slump, the …

    12 July 2024
    Mexican peso strengthens as Banxico maintains cautious stance in rising inflation 

    The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.

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