Category Archives: Market News (New)

UK Stocks Rebound as NEXT Plc Achieves All-Time High On January 4th, the FTSE 100 made a strong comeback, rebounding by 0.5% to surpass 7720 after facing two consecutive sessions of losses. (FTSE100，1-Year Chart)  Notably, energy shares, including BP, increased by 0.5% after terminating their agreement with Equinor for supplying power to New York state […]

Gloomy Economic Data The recent decline in US stocks on January 3rd, driven by uncertainties surrounding potential interest rate cuts, has left investors seeking clarity. The minutes from the latest Federal Open Market Committee (FOMC) meeting failed to provide a clear timeline for rate adjustments, contributing to a 0.8% drop in the S&P 500 and […]

Spanish Markets: A Positive Kickstart to 2024 The Spanish financial landscape is off to a promising start in 2024, building on the momentum of a stellar performance in the previous year. Let’s delve into key insights and forecasts shaping the Spanish markets this year. IBEX 35: A Strong Kickoff The IBEX 35 (ES35), Spain’s benchmark […]

Positive Signs Arise from The World’s Economic ‘Canary in The Coal Mine’ – South Korea South Korea’s exports play a pivotal role as a leading economic indicator, often referred to as the world’s “canary in the coal mine”. This is due to the country’s substantial exposure to the three largest economies: the United States, China, […]

Precious Metal Demand Surges, Boosting Platinum to Six-Month High In recent market movements, platinum futures have surged to impressive levels, breaking the $950 barrier and attaining near six-month highs. This upswing is attributed to a combination of factors, including a weaker dollar and optimistic economic outlook. In this article, we delve into the dynamics influencing […]

Unraveling the Future of Wheat Prices in 2024 The world of wheat trading is experiencing a delicate balance, with futures prices hovering around $6.30 per bushel as we approach the end of 2023. A myriad of factors, including global supplies, geopolitical tensions, and weather conditions, are steering the course of wheat prices. In this article, […]

Wheat futures prices languished near $6.30 per bushel in late December, poised to end 2023 roughly 15% lower year-over-year. Abundant global supplies from major producers like Russia and South America outweighed supply disruption risks stemming from the ongoing war in Ukraine. The latest USDA forecasts showed Russia’s 2023/2024 wheat crop could reach 90 million metric […]

Evaluating the Impact: U.S. Treasury Bond Yields Amid Rate Cut Predictions Amidst evolving market dynamics, the U.S. 10-year treasury bond yield has witnessed a significant shift, settling at 3.88% post the Christmas holiday. This recent descent brings the yield in close proximity to its lowest levels since late July, painting a picture of cautious investor […]

Shanghai Composite Index: Navigating Market Dynamics The Shanghai Composite index showcased resilience as it rebounded by 0.14%, gaining 4.04 points to close at 2,918.81 on Monday. This positive shift followed Beijing’s reconsideration of its stance on the online gaming industry, approving 105 domestic games. This move brought relief to the market, which had experienced a […]

Moderating Core Inflation in November Bolsters Expectations of a Dovish Shift by the Federal Reserve  In November 2023, the United States experienced an unexpected twist in the Personal Consumption Expenditure Price Index (PCE), showing a 0.1% month-over-month decline. This downturn, contrary to anticipated stability, marked the first decrease in PCE prices since February 2022. The […]