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    DAILY MARKET ANALYSIS

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

    10 July 2024
    Oil drops as US Gulf supply worries ease and China inflation weakens

    Key points: Oil prices decrease as US Gulf supply concerns ease Weak inflation data from China pressures oil prices Oil prices dipped on Wednesday as the impact from Hurricane Beryl dissipated and inflation data highlighted persistently weak consumer demand in …

    10 July 2024
    Nasdaq and S&P 500 hit new highs as jobs data spurs rate cut hopes 

    Nasdaq and S&P 500 soar to fresh records on optimism sparked by a cooling labor market. Upcoming CPI data and Powell’s speech could influence future rate cuts.

    10 July 2024
    Dollar strengthens on Powell’s caution; Kiwi weakens post-dovish central bank

    Key points: Federal Reserve Chair Jerome Powell’s cautious tone influences the dollar’s rebound. New Zealand dollar weakens as central bank expresses confidence in inflation control, hinting at policy easing. Dollar firms on Powell’s caution See: Dollar index trading at 104.768 …

    9 July 2024
    Wheat and soybean prices stabilise with improved crop conditions 

    Wheat and soybean prices steadied after sharp declines as better-than-expected crop conditions are reported. Read more for the forecast and trading opportunities.

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