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Monthly Archives: October 2024

Oil Prices Surge on Heightened Geopolitical Tension

Written on October 14, 2024 at 6:57 am, by

Market Summary Oil experienced heightened volatility in yesterday’s session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to globalContinue Reading

Categories: Daily Market Analysis

Oil Prices Surge on Heightened Geopolitical Tension

Written on October 14, 2024 at 6:29 am, by

Market Summary Oil experienced heightened volatility in yesterday’s session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to globalContinue Reading

Categories: Daily Market Analysis

Wall Street Bullish on Tech Rally

Written on October 14, 2024 at 6:27 am, by

Market Summary The Chinese equity market faced strong selling pressure in the last session due to disappointing economic data, while Wall Street reached another all-time high, driven by a fresh tech rally led by companies like Apple Inc, Amazon, and Netflix. However, traders should closely monitor today’s CPI reading, as a higher-than-expected result could placeContinue Reading

Categories: Daily Market Analysis

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