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DAILY MARKET ANALYSIS

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

1 November 2023
Volatile Month Ends with Modest Rebound, Currency Markets React to Central Bank Policies

In the stock market, October witnessed surging interest rates, leading to a challenging month for investors, but there was a modest recovery on Tuesday as major indices rebounded. Real estate and financial sectors outperformed, while some tech giants faced declines. …

31 October 2023
Stocks Surge as Investors Anticipate Key Central Bank Decisions and Economic Data

On Monday, the stock market experienced a significant rally, with the Dow Jones Industrial Average surging by over 500 points, pulling itself out of correction territory, while the S&P 500 and Nasdaq Composite also made substantial gains. The positive sentiment …

30 October 2023
Week ahead: Markets to focus on FOMC and BOE rate statements, and US Jobs Report

This week, traders are primarily focused on the rate decisions of major central banks, such as the Federal Reserve and Bank of England. Alongside these, the US Jobs Report is slated for release, serving as a critical indicator for the …

27 October 2023
Market Correction Deepens as Tech Giants Struggle, Dollar Gains Resilience Amid Economic Data, and Currency Market Trends Uncertain

In a turbulent market session, the Nasdaq Composite entered correction territory, partly driven by Meta’s underwhelming forecast, and Alphabet’s disappointing results added to the pressure. The S&P 500 briefly touched correction territory, and Wall Street grappled with concerns about the …

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