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Market Analysis

Gold gains as falling oil prices ease inflation and rate hike fears

Gold price (XAU/USD) gains ground for the second consecutive day, trading around 4,103 per troy ounce during the Asian hours on Monday. Gold prices pushed higher as a sharp drop in oil prices eased market fears over inf…

3 min read

Steady Start Seen For Thai Stock Market

(RTTNews) - The Thai stock market has finished higher in back-to-back sessions, collecting more than 5 points or 0.3 percent in that span. The Stock Exchange of Thailand now sits just beneath the 1,645-point plateau and…

2 min read

Indonesia Stock Market May Find Traction On Monday

(RTTNews) - The Indonesia stock market has moved lower in two straight sessions, slumping almost 150 points or 2.3 percent along the way. The Jakarta Composite Index now sits just above the 6,515-point plateau although …

2 min read

Japanese Yen gains as oil prices fall after US-Iran strike pause

USD/JPY remains subdued for the second successive day, trading around 163.60 during the Asian hours on Monday. The pair depreciates as the Japanese Yen (JPY) receives support from lower oil prices after the United State…

3 min read

Singapore Stock Market Tipped To Open In The Green

(RTTNews) - The Singapore stock market on Tuesday ended the two-day losing streak in which it had slipped more than 25 points or 0.6 percent. The Straits Times Index now sits just beneath the 3,900-point plateau and it …

2 min read

Malaysia Stock Market May Remain Rangebound On Monday

(RTTNews) - The Malaysia stock market headed south again on Friday, one day after snapping the three-day slide in which it had slumped more than 20 points or 1.1 percent. The Kuala Lumpur Composite Index now sits just a…

2 min read

Nvidia to acquire $1 billion of new shares of South Korea’s Naver

South Korea's national AI factory just tripled in planned scale. NAVER, NVIDIA, and Brookfield Asset Management announced on July 25 that they will expand NAVER's NVIDIA DSX AI factory at the GAK Sejong hyperscale data …

13 min read

Chip Stock Sell-off Puts Downward Pressure on Broader Market

The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -1.27%. September E-mini S&P futures (ESU26) fell -0.08%, and…

7 min read

Dollar Little Changed as Oil Prices Fall Back

The dollar index (DXY00) on Friday ended the day little changed. The dollar index was undercut as oil prices fell back by about -3%. Also, the 10-year T-note yield fell -1.8 bp after posting a new 1.5-year high earlier …

4 min read

Oil Prices Fall Back as Red Sea Oil Shipments Continue

WTI crude oil prices (CLU26) on Friday fell and gave back about half of Thursday’s 6% rally. Meanwhile, Sep Brent crude oil prices (CBU26) fell back to the $97 per barrel area after posting a 2-month high of $102 on Thu…

5 min read

Chip Stock Sell-off Puts Downward Pressure on Broader Market

The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -1.27%. September E-mini S&P futures (ESU26) fell -0.08%, and…

7 min read

Chip Stock Sell-off Puts Downward Pressure on Broader Market

The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -1.27%. September E-mini S&P futures (ESU26) fell -0.08%, and…

7 min read

Chip Stock Sell-off Puts Downward Pressure on Broader Market

The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -1.27%. September E-mini S&P futures (ESU26) fell -0.08%, and…

7 min read