Category: Daily
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Daily Broad Market Recap – October 28, 2024
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The coast was clear in terms of top-tier economic releases on Monday, but there was no shortage of major moves among major asset classes. Check the headlines that drive price action. Titles: Targeted Israeli air strikes Over the weekend, it avoided Iranian oil and nuclear facilities Liberal Democratic Party elections…
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Daily Broad Market Recap – October 24, 2024
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The market was focused on the rapid global Purchasing Managers’ Index (PMI) reports, which showed mixed results across major economies. How did asset classes and currencies perform? Check out the latest headlines that influenced the price action: Titles: Australian Judo Bank Manufacturing PMI fell from 46.7 to 46.6 in October,…
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Daily Broad Market Recap – October 23, 2024
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The major assets were all over the charts on Wednesday. US Treasury yields continued to rise, pushing the US dollar higher and dragging gold prices lower. Risk assets such as stocks and Bitcoin weakened, while crude oil prices failed to make new weekly highs. What were the catalysts that moved…
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Daily Broad Market Recap – October 22, 2024
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There was no significant data, leaving major assets exposed to current market issues and growing concerns about the US economy. How have your closely watched assets traded in recent trading sessions? Let’s discuss it below: Titles: Member of the European Central Bank Olly Wren He said the eurozone slowdown was…
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TON Network’s Daily Users Drop From 5 Million To 1.58 Million
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The Open Network (TON) blockchain has led to a significant decline in the number of daily active users. As posted on Twitter/X by IntoTheBlockThe TON network currently has 1.58 million active users, down from a maximum number of over 5 million. The same publication also shared a chart tracking the…
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Daily Broad Market Recap – October 21, 2024
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Major assets were all over the charts on Monday despite the lack of high-level data releases. Crude oil found support from rising tensions in the Middle East while gold prices fell after hitting new record highs. How are your other closely monitored assets trading? We have deets! Titles: As expected,…
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Daily Broad Market Recap – October 17, 2024
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A busy trading calendar meant that major assets were exposed to asset-specific catalysts and new market themes! What headlines caught investors’ attention and how did your favorite asset trade? Let’s analyze the major market movements on Thursday: Titles: Japanese trade balance It shifted to a deficit of JPY294.24 billion in…
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Daily Broad Market Recap – October 16, 2024
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Major currencies and asset classes appear to be taking their cues from their individual catalysts, with UK inflation data and the “Trump trade” taking center stage. Crude Oil saw its usual downward trajectory, although the energy commodity managed to limit its losses in recent sessions compared to the sharp sell-off…
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Daily Broad Market Recap – October 15, 2024
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Some risk-off flows were seen in the markets, as crude oil continued to decline and US stock indices closed in the red. Meanwhile, volatility rose in the forex arena due to high-profile releases, including the UK jobs report and Canada’s CPI readings. Here’s what you need to know! Titles: Japanese…
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Daily Broad Market Recap – October 14, 2024
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Market correlations seemed to be all over the place on Monday, as Crude Oil experienced a massive sell-off while US stocks made good gains. What’s up with that?! Read on to see the latest headlines and economic reports driving price action so far: Titles: Chinese Minister of Finance She said…
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Daily Broad Market Recap – October 10, 2024
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All eyes and ears were on the release of the US CPI… which didn’t cause much hype in the markets. However, crude oil gained a massive 3% for the day. Read on to find out why! Titles: Japan’s producer prices rose from 2.6% to 2.8% year-on-year in September instead of…
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Daily Broad Market Recap – October 9, 2024
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A lack of fresh market catalysts kept major assets in ranges early in the day, before central bank speculation and positioning ahead of US CPI reports increased volatility in the US session. Which assets have seen the most movement? We discuss yesterday’s market headlines and price reactions! Titles: The Reserve…
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Daily Broad Market Recap – October 8, 2024
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The lack of high-level data releases left room for major assets to continue pricing according to current market themes on Tuesday. Can you guess which assets saw the most modifications? Let’s discuss: Titles: Reserve Bank of Australia meeting minutes Show that members prefer policies that are “sufficiently restrictive” to become…
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Daily Broad Market Recap – October 7, 2024
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No big data? No problem! Markets started the week higher after Friday’s non-farm payrolls (NFP) report, but it wasn’t long before concerns about tensions in the Middle East, diminishing chances of a Fed rate cut, and upcoming US CPI and PPI data weighed on risk assets. . Here’s how individual…
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Daily Broad Market Recap – October 3, 2024
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Caution ahead of Friday’s US non-farm payrolls report may have kept overall volatility in check, but asset-specific catalysts could still bring some movement to major markets. So, what were the headlines that stole the show on Thursday? Let’s break it down below: Titles: Bank of Japan Member Asahi Noguchi It…
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Capital Daily sees further GBP decline amid BoE policy stance By Investing.com
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The British pound on Thursday saw a significant decline, which Capital Daily analysts attribute to a combination of factors including the Bank of England’s (BoE) dovish monetary policy outlook, the currency’s high valuation, and extended speculative positions. The pound’s more than 1% drop against both the US dollar and the…
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Daily Broad Market Recap – October 2, 2024
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Data flow has been relatively light in recent trading sessions, but that hasn’t stopped a handful of asset classes from making big moves. The US dollar and Treasury yields got a little support from another upbeat key jobs indicator, while the energy commodity took cues from inventory data. Check out…
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Daily Broad Market Recap – October 1, 2024
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Volatility was relatively weak for most asset classes early with the exception of crude oil, where geopolitical headlines were front and center, before risk-off flows picked up. Meanwhile, mixed leading US indicators, namely the ISM Manufacturing PMI and JOLTS employment data, continue to end net positive for the dollar. Here…
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Daily Broad Market Recap – September 30, 2024
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Monday was mixed for most asset classes, before dollar pairs were able to find a clear direction during Fed Chairman Powell’s speech. Commodities found themselves on shaky ground after China published gloomy PMI numbers, however global stocks managed to control losses. Here are other updates you should know about! Titles:…