Markets
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Apollo Global warns on AI – Has the market become too optimistic?
Key takeaways Apollo argues that the market may be overly optimistic about the pace of AI monetization, with consensus expecting…
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Trade of The Day – AUD/JPY
period moving average Recommendation: Trade: Short AUDJPY at market price Target: 111.36, 110.75 Stop: 113.06 Opinion: Looking at AUDJPY on…
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EasyJet bids farewell to UK, and oil prices in retreat
The story of the day is how American asset management firm, Apollo, swooped in and outflanked Castlelake to secure the…
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Chart of The Day – USD/JPY
he yen strengthened on Friday following an announcement by Japanese Finance Minister Satsuki Katayama that the government intends to encourage…
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Economic Calendar: SK Hynix and the Canadian job market are the highlights of the day
Cryptocurrencies and commodities are leading the gains at the start of the day, whilst the main stock market indices remain…
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Soybeans Steady Ahead of USDA Report
Soybean futures held their recent decline around $11.8 per bushel, remaining near a five-week high as traders adjusted positions ahead…
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Market Brief – The Yen’s Bullish Rally! What Will Today’s Session Bring
Geopolitics Tensions between the US and Iran remain in the spotlight, although the markets view the conflict as ‘under control’…
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Copper Rebounds as Risk Appetite Improves
Copper futures climbed to around $6.26 per pound on Friday, reversing losses from earlier this week as investor appetite for…
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Wheat Futures Retreat on Robust China Harvest
Wheat futures slipped to around $6.1 per bushel in early July, retreating from a three-week high reached on July 9,…
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United States Dollar Index falls to three-week low amid signs of US-Iran war de-escalation
The US Dollar Index falls for the third straight trading day, extending the decline to near the three-week low at…
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