Daily Global Market Update

Oil prices tumbled due to weak Chinese demand and Fed rate cut uncertainty. The Australian dollar and euro showed minor upward corrections, while the Japanese yen strengthened against the US dollar. Key economic events like Chinese industrial production, German ZEW sentiment, UK CPI, and US retail sales will influence market trends.

Moneta Markets | 113 days ago

Oil's Significant Drop

The oil-dollar pair plummeted 2.3% in the last trading session. The Ultimate Oscillator indicates a negative signal, suggesting potential bearish momentum.

Australian Dollar's Upward Correction

The AUD/USD pair experienced a minor upward correction, rising by 0.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal, supporting potential bullish sentiment.

Euro's Minor Recovery

The EUR/USD pair gained 0.1% in the last session, making a minor upward correction. The Commodity Channel Index (CCI) signals an oversold market, hinting at a possible rebound.

Dollar-Yen's Sharp Decline

The USD/JPY pair plunged 1.2% in the last session. The Relative Strength Index (RSI) is showing a negative signal, aligning with the bearish movement.

Global Financial Headlines

Oil prices fell over 2% last week due to concerns about weaker Chinese demand and uncertainty over US Federal Reserve interest rate cuts. In corporate news, Tata Electronics is acquiring a majority stake in Pegatron's iPhone plant in India. Meanwhile, Nvidia's upcoming results are set to influence the technology sector, with investors focusing on AI trade following a dramatic two-year rally in the stock.

Upcoming Economic Highlights

Key economic events to monitor include:

• China's Industrial Production - 0600 GMT

• Germany's ZEW Economic Sentiment - 1000 GMT

• UK CPI Inflation Rate - 0700 GMT

• US Retail Sales - 1230 GMT

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Market Update: March 11, 2025

As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism.

Moneta Markets | 8h 28min ago

Market Update: March 11, 2025

As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism. Here’s a breakdown of the key developments shaping the market today:

Moneta Markets | 8h 28min ago

Market Update: March 11, 2025

Moneta Markets | 8h 29min ago

ATFX Market Outlook 10th March 2025

In February, the U.S. added 151,000 nonfarm payrolls, below the 160,000 estimates, with the unemployment rate rising to 4.1%. Average hourly earnings increased by 0.3% month-over-month. Fed Chairman Powell indicated no rush for interest rate cuts, citing potential tariff inflation.

ATFX | 11h 44min ago

USDJPY Analysis: risk aversion may boost the yen

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the USDJPY for MAR 7, 2025.

Ultima Markets | 11h 44min ago

ATFX Market Outlook 7th March 2025

The U.S. will release the February non-farm payrolls report tonight, expecting a job increase 159,000. The unemployment rate is steady at 4%, and average hourly wage YoY growth is 4.1%. This report is crucial for investors evaluating recent economic data and could impact on perceptions of when the Federal Reserve might cut interest rates, influencing market sentiment.

ATFX | 11h 44min ago

EURUSD Analysis: Europe increases spending

In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the EURUSD. Fundamental Analysis of EURUSD

Ultima Markets | 11h 44min ago

ATFX Market Outlook 6th March 2025

In overnight news, US ADP private employment increased by only 77,000 in February, signaling a slowdown in growth. The US ISM Services PMI rose to 53.5 from 52.8, while the Federal Reserve's Beige Book noted a slight upturn in economic activity, though concerns about tariffs are growing.

ATFX | 11h 45min ago

EURUSD	1.09298	GBPUSD	1.29642	AUDUSD	0.63089
USDJPY	147.699	USDCAD	1.4395	USDCHF	0.88196