Market Analysis

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 …

Gold prices continue to climb, holding near record highs as uncertainty surrounding the upcoming US election and geopolitical tensions in the Middle East fuel strong demand for the precious metal. With ongoing market volatility and the potential for interest rate …

Gold prices stayed steady during early Asian trading as investors wait for important US economic data and clues about the Federal Reserve’s next move on interest rates. A possible rate cut in November and ongoing tensions in the Middle East …

Japan’s Nikkei 225 index hits a three-month high. Driven by a tech stock rally and a weakening yen, the market mirrors US gains. As Tokyo’s bourse rides this wave of optimism, investors watch closely to see if the momentum will …

The US dollar gained strength following economic data that slightly exceeded inflation expectations, while jobless claims saw a modest increase. Traders are closely monitoring evolving Federal Reserve policies, as comments from Fed Governor Christopher Waller later today could provide further …