Asian share markets experienced a downturn on Tuesday as global investors awaited the official results of India’s general election and assessed the potential weakening of the U.S. economy’s exceptionalism amid further decline in manufacturing activity. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4%, despite mild gains in U.S. …
Read More »WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Earnings Season Heats Up with GameStop, GitLab, and Smucker
As earnings season rolls on, a fresh wave of companies, including GameStop, GitLab, and J.M. Smucker…
U.S. Stock Index Futures Flat as Investors Await U.S.-China Trade Talks and Key Inflation Data
U.S. stock index futures were little changed on Monday, with market participants taking a cautious s…
Bitcoin Holds Steady Amid Market Caution Ahead of U.S.-China Trade Talks and U.S. Inflation Report
Bitcoin remained largely unchanged on Monday, trading within a narrow range as investors exercised c…
European Shares Remain Subdued as Markets Await U.S.-China Trade Talks
European stocks traded cautiously on Monday, following a positive week, as investors remained on edg…
Gold Prices Steady as Risk Appetite Grows; Platinum Hits Four-Year High Ahead of U.S.-China Trade Talks
Gold prices showed little movement on Monday during Asian trading, maintaining strong gains from the…
Oil Prices Decline Amid Weak China Data, But Trade Talks Fuel Optimism for Future Demand
Oil prices dipped on Monday, as weak economic data from China weighed on market sentiment. However, …
Weekly Recap: Dollar Roars Back on Jobs Data Testing Euro’s Rally and Gold’s Resilience
Labour Market Powers Dollar Surge Robust U.S. jobs data for May 2025, with 139,000 jobs added, under…
Market Analysis
June, 2024
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4 June 2024 5:41 am
Market Drivers; US Session, June 3
The New York Stock Exchange said Monday that a technical issue that halted trading for some major stocks and caused Berkshire Hathaway to be down 99.97% has been resolved. In an update, NYSE said impacted stocks have reopened and “all systems are currently operational.” Inter-continental Exchange, the parent company of …
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4 June 2024 4:30 am
Japan’s Suzuki: Early May intervention was in a response to speculations
Japanese Finance Minister Shunichi Suzuki said on Tuesday that foreign exchange (FX) intervention had effects to some effects, adding that the central bank will continue to respond appropriately when asked about forex. At the time of writing, USD/JPY is 0.19% higher on the day trading at 156.38. the USD/JPY pair …
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4 June 2024 3:16 am
Why have some of Warren Buffett’s shares dropped by 100%?
On the opening day of the new trading week, there were trading disruptions on the New York Stock Exchange due to a technical issue that resulted in the suspension of trading in certain blue-chip companies and large losses for other equities during Monday’s session.The most severely impacted company by this …
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3 June 2024 11:06 pm
Brent Falls Below $80 For First Time Since February
The nearest contract for Brent futures dropped 3.59 percent to $78.19 at the time of writing, while the American WTI contract was down 3.43 percent at $74.26. it is worth mentioning that Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, …
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3 June 2024 10:19 pm
Dow Jones retreats following ISM PMI
Investors’ growing concerns regarding weakening US data have caused the Dow Jones to reverse. Bets on a November Fed rate drop have taken over in the markets. With a steep decline in stocks on Monday, NFP week officially begins. Investors pulled back after the US ISM Manufacturing Purchasing Managers Index …
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3 June 2024 8:02 pm
Gold rebounds after US Manufacturing ISM data
Gold recovers from three-week lows after negative US ISM Manufacturing data and fall in US yields. Asian demand and cooling inflation expectations further support Gold’s bounce. Technicals remain bearish after a breakout from a Bear Flag. Gold (XAU/USD) recovers to trade in the $2,340s on Monday after the release of …
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3 June 2024 7:17 pm
New York Stock Exchange Faces Technical Issue Impacting Tens of Stocks
The New York Stock Exchange said that technical issue is related to a mechanism designed to prevent stock prices from swinging wildly.On Monday, the New York Stock Exchange said Monday’s technical issue is related to a mechanism designed to prevent stock prices from swinging wildly as Berkshire Hathaway and dozens …
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3 June 2024 3:24 pm
Dollar Stabilizes on Easing Inflation, Rate Cut Prospects in Focus
The U.S. dollar remained stable on Monday as investors grew increasingly confident about the possibility of the Federal Reserve cutting interest rates in 2024 due to signs of easing inflation. Meanwhile, the euro remained calm ahead of an expected rate cut by the European Central Bank this week. Emerging market …
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3 June 2024 1:59 pm
European Stocks Rise on ECB Rate Cut Anticipation, Focus on US Jobs Data
European stock markets rebounded on Monday, driven by investor optimism surrounding an expected interest rate cut from the European Central Bank (ECB). Simultaneously, government bond yields decreased, while attention shifted to U.S. jobs data as a key indicator of inflation trends. The pan-European STOXX index experienced a 0.6% increase by …
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3 June 2024 1:07 pm
Eurozone Manufacturing Downturn Shows Signs of Easing
The prolonged downturn in eurozone manufacturing activity may be nearing its end, according to a recent survey revealing a slower pace of decline in new orders compared to the past two years. This positive development has led to improved business confidence within the sector. HCOB’s final euro zone manufacturing Purchasing …
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3 June 2024 10:50 am
Gold Dips as Risk-On Sentiment and Easing Geopolitical Tensions Outweigh Rate Cut Hopes
Gold prices retreated in Asian trading on Monday, despite a weaker dollar and increased expectations of rate cuts. A surge in risk-driven assets, fueled by optimism over cooling U.S. inflation and potential easing of geopolitical tensions in the Middle East, overshadowed the allure of the yellow metal. Spot gold declined …
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3 June 2024 3:36 am
Weekly Recap: Global Markets Navigate Inflation Concerns, Policy Shifts, and Oil Uncertainty
As May draws to a close and June begins, financial markets worldwide find themselves at a critical juncture. Economic data reveals a mixed picture, with signs of easing inflation tempered by ongoing concerns about growth and the potential for further policy tightening. Central banks grapple with diverging paths, while oil …
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