Daily Global Market Update

Oil prices dropped after initial gain. AUD, EUR flat, USD/JPY up slightly. Financial news: Intel replaced in Dow Jones, Canadian dollar weakens, Amazon surges. Watch US factory orders, bill auctions and note auction later.

Moneta Markets | 17 days ago

Crude Oil's Decline

The WTI Crude Oil experienced a significant decline, falling 1.7% in the last session after an initial gain of 1.1%. The Commodity Channel Index (CCI) is currently showing a positive signal.

AUD/USD Stability

The Australian dollar remained relatively stable against the US dollar in the latest session. The Rate of Change (ROC) indicator is presenting a positive signal.

EUR/USD Analysis

The EUR/USD pair showed minimal movement in the last session. The Stochastic indicator suggests a positive trend ahead.

USD/JPY Movement

The USD/JPY pair recorded a slight upward correction, gaining 0.2% in the last session. The CCI indicator is currently showing a negative signal.

Global Financial Headlines

Intel is set to be replaced by Nvidia in the prestigious Dow Jones Industrial Average index after a 25-year tenure, highlighting the shifting dynamics in the semiconductor industry. The Canadian dollar has weakened to a two-year low against its US counterpart ahead of the US presidential election, despite positive domestic factory activity data. Wall Street's major indices ended higher, with Amazon.com rising 6.2% following strong earnings that exceeded Wall Street expectations.

Upcoming Economic Highlights

Key economic events to watch:

• US Factory Orders - 1500 GMT

• US 3-Month Bill Auction - 1630 GMT

• US 6-Month Bill Auction - 1630 GMT

• US 3-Year Note Auction - 1800 GMT

• Austrian Unemployment Rate - 0800 GMT

• Japan's Monetary Base - 2350 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Midweek Technical Look – USDJPY, EURGBP, Oil

USDJPY is encountering some challenges but continues to maintain an overall uptrend. The outlook for EURGBP remains bearish, with attention shifting back to the 0.8260 level. WTI oil futures are fluctuating within a neutral range; bulls need to show stronger momentum

XM Group | 6h 27min ago

Daily Global Market Update

The EUR/USD is oversold, while the USD/JPY shows bearish signs. Gold is trending upward, and Amazon's stock is bearish. Global markets are mixed due to geopolitical tensions. Key economic events like US Consumer Sentiment and Eurozone Industrial Production are upcoming.

Moneta Markets | 13h 56min ago

Gold Extends its Gain as Geopolitical Tension Heighten

escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, intensified demand for gold .

PU Prime | 15h 33min ago

AUD/USD Consolidates After Recent Gains

The Australian dollar against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart.

RoboForex | 1 day ago

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.

PU Prime | 1 day ago

Daily Global Market Update

Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.

Moneta Markets | 1 day ago

Oil Rally on Russia-Ukraine Heighten Tension

Oil prices continued to rally amid escalating geopolitical tensions in Eastern Europe, as the U.S. greenlit Ukraine's use of long-range missiles.

PU Prime | 2 days ago

AUD/USD Stabilises Amid RBA’s Hawkish Outlook

AUD/USD is showing signs of stabilisation near 0.6465, marking its second consecutive session of attempts to recover.

RoboForex | 3 days ago

EURUSD	1.04798	GBPUSD	1.25962	AUDUSD	0.65135
USDJPY	154.477	USDCAD	1.39682	USDCHF	0.8867