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DAILY MARKET ANALYSIS

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

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, …

23 February 2024
Forex Market Analysis: USD Strength Precedes Core PCE Data Amid Nvidia’s Record Highs

CURRENCIES: U.S. Dollar Maintains Strong Position: The USD continues to show a strong upward trend; focus is on EUR/USD, GBP/USD, and gold prices. Date and Analyst: Article written by Diego Colman, Contributing Strategist, on February 23, 2024. Anticipation for Core PCE Data: Markets …

23 February 2024
Nvidia’s stellar earnings propel S&P 500 and Nasdaq to new highs amidst broad market optimism

On Thursday, the S&P 500 and Nasdaq Composite reached impressive new heights, largely driven by Nvidia’s remarkable quarterly earnings report. The S&P 500 surged by 2.11%, its best performance since January 2023, while the Nasdaq Composite soared by 2.96%, flirting …

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