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    DAILY MARKET ANALYSIS

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

    27 February 2024
    Forex Market Analysis: USD Resilience Amid PCE Data Anticipation and Stock Market Volatility

    CURRENCIES: The DXY index, which measures the US dollar’s performance, showed limited movement on Monday despite a slight increase in US Treasury yields. Investors are adopting a cautious approach in anticipation of Thursday’s core personal consumption expenditures (PCE) deflator release, …

    27 February 2024
    Stocks Dip Amid Inflation Data Anticipation, Amazon Joins Dow

    On Monday, the stock market experienced a downturn, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closing lower, moving away from recent record highs. This shift comes as investors brace for a slew of economic data, …

    26 February 2024
    Forex Market Analysis: Nvidia’s Strength Drives Record Highs; Eyes on PCE Data Amidst USD Equilibrium

    CURRENCIES: Market confidence surged, led by Nvidia’s strong Q1 2024 forecast. Nvidia’s success propelled the S&P 500 to record highs; Japanese index topped after 34 years. Gold prices climbed, and the USD sought equilibrium amidst positive market sentiments. Anticipated January …

    26 February 2024
    Week ahead: RBNZ rate, US economic indicators eyed

    As we approach the end of February 2024, the financial world turns its focus towards a series of crucial economic updates slated for release. These reports, spanning from Japan’s inflation rates to the ISM Manufacturing PMI in the United States, …

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