Market Analysis – August 13, 2024

Looking for the latest updates on global markets and economic trends? Look no further than Extreme Investor Network! We provide valuable insights and unique information to help you stay ahead of the game when it comes to your investments.

Let’s take a look at the latest market developments from around the world:

Asia:

Today, the major Asian stock markets saw mixed results, with the NIKKEI 225 in Japan posting a significant increase of 3.45%. Meanwhile, the Shanghai index in China and the Hang Seng in Hong Kong also saw slight gains. In contrast, the SENSEX in India experienced a decrease of 0.87%.

Moving on to the major Asian currency markets, the AUDUSD and NZDUSD both saw increases, while the USDJPY and USDCNY experienced decreases.

Related:  Predicting Market Trends for the Next Trading Session

Precious Metals:

Gold and silver prices saw some fluctuations today, with gold decreasing by 0.28% and silver dropping by 1.16%.

Europe/EMEA:

In Europe, the major stock markets ended the day in the green, with the CAC 40 in France, the FTSE 100 in the UK, and the DAX 30 in Germany all posting gains. Additionally, the EURUSD and GBPUSD saw increases against the USD.

US/Americas:

In the US, all major indices closed higher, with the Dow, S&P 500, Nasdaq, and Russell 2000 all posting gains. In Canada, the TSX Composite and TSX 60 also saw positive movements, while the Bovespa in Brazil ended the day with an increase.

Related:  CoreWeave Launches NVIDIA Blackwell Cloud Instances to Boost AI Performance

Energy:

The oil markets experienced a negative day, with both crude oil and Brent posting decreases. Natural gas, gasoline, and heating oil also saw declines.

Commodities:

Rice, oat, palladium, and orange oil were among the top commodity gainers, while coffee, corn, lead, and canola were the top commodity losers.

Bonds:

Bond yields saw some fluctuations, with the US 2’s, 10’s, and 30’s all experiencing changes. Additionally, bond yields in countries like Japan, Germany, Italy, and Spain also saw shifts.

Stay informed and up to date with the latest market news and trends by visiting Extreme Investor Network for unique insights and valuable information you won’t find anywhere else!

Related:  Technical Analysis of Ethereum, XRP, and Solana Post Release of US Inflation Data

Source link