As we reach midweek on Wednesday, 6 November 2024, markets will be heavily influenced by a combination of macroeconomic updates, corporate earnings, and geopolitical developments. More importantly the outcome of the US presidential election. KEY INDICATORS Donald Trump defeats Kamala …
This week, wheat, corn, and soybean futures are moving slightly as poor US crop conditions and dry weather in key growing regions raise supply concerns. With the US election possibly affecting trade policies, traders await the USDA’s upcoming report, which …
Kicking off the first full week of November, markets on Monday, 4 November 2024, will be highly attuned to economic signals, central bank guidance, and ongoing earnings reports. Additionally, all eyes will be on the start of the US elections …
Asian markets started November cautiously, with most shares down as investors await key US jobs data, the presidential election, and a possible Fed rate cut. Rising oil prices and stable gold reflect concerns over Middle Eastern tensions, while earnings reports …
As we approach Wednesday, 30 October 2024, markets are likely to experience heightened activity, driven by significant economic data releases, central bank announcements, and geopolitical events shaping investor sentiment. KEY INDICATORS Energy markets and oil price movements Geopolitical events, especially …
Recent changes in the oil market have drawn investor interest. After a sharp drop earlier this week, oil prices are beginning to recover, helped by the US’s plans to refill its Strategic Petroleum Reserve. With ongoing tensions between Israel and …
Global markets faced a turbulent week as the US dollar slipped on lower Treasury yields and mixed Asian stock performance reflected uncertainty ahead of Japan’s election. Investors are keeping a close watch on key US payroll data and tech earnings …
The US dollar has surged to a two-month high as traders adjust their expectations for the Federal Reserve’s rate cuts, following stronger-than-expected economic data. Meanwhile, the yen has dropped to a three-month low due to rising US Treasury yields, with …
Gold prices have surged in 2024, fuelled by political uncertainties like the upcoming US election and Middle East tensions. Investors are turning to gold for safety, pushing prices close to USD 2,800 per ounce. Silver, platinum, and palladium are also …
On Monday, 21 October 2024, global markets saw mixed movements driven by various economic and geopolitical factors. KEY INDICATORS Asian market In Asia, stock markets showed volatility, with investors digesting China’s central bank decision to cut interest rates in an …