Daily Global Market Update

Gold up 0.7% (bullish ROC), Euro stable, Pound up 0.1% (bullish Williams), Bitcoin down 1% (bearish Williams). Rising US bond yields impact global borrowing costs. Finance expands in the UK. Samsung, SK Hynix get approvals for US chip equipment supply to China. Economic highlights: US NFIB Business Optimism, Redbook Index, Dutch CPI, Consumer Spending, Japan's Eco Watchers Survey.

Moneta Markets | 379 dias atrás

Gold's Impressive Ascent

Gold surged by 0.7% against the dollar in the last trading session. An analysis through the Rate of Change (ROC) indicates a bullish momentum.

Euro's Stable Stance

The euro-dollar pair exhibited minimal fluctuations in the previous session. The Stochastic indicator hints at a bullish momentum.

Pound's Slight Recovery

The pound-dollar pair experienced a minor upward correction, advancing 0.1% in the latest session. The Williams indicator suggests a bullish landscape.

Bitcoin's Downward Shift

Bitcoin, when paired with the dollar, suffered a 1% decline in the recent session. Interestingly, the Williams indicator points towards bearish territory.

Financial Market Insights

Surging US government bond yields are prompting global borrowing costs to escalate, introducing fresh challenges for economic policymakers. They aim to moderate inflation without sparking a substantial crisis. Finance, the globe's foremost trading platform by volume, is expanding its UK footprint by launching a regional domain, even after retracting its registration with the UK's Financial Conduct Authority. In the realm of electronics, Samsung and SK Hynix have secured indefinite permissions to provide US chip equipment to their Chinese plants without isolated US approvals.

Today's Economic Highlights

A glance at the impending economic announcements:

• US NFIB Business Optimism Index - 1000 hours GMT

• US Redbook Index - 1255 GMT

• Dutch Consumer Price Index - 0430 GMT

• Dutch Consumer Spending Volume - 0430 GMT

• Japan's Eco Watchers Survey (Current) - 0500 hours GMT

• Japan's Eco Watchers Survey (Outlook) - 0500 hours GMT

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

Marcadores : Análise

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | 1h 37min atrás

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | 2h 2min atrás

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | 2h 42min atrás

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 5h 29min atrás

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 5h 51min atrás

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | 6h 6min atrás

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | 6h 6min atrás

EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024

A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.

EBC Financial Group | 22h 45min atrás

EURUSD	1.07794	GBPUSD	1.29735	AUDUSD	0.66499
USDJPY	152.802	USDCAD	1.38286	USDCHF	0.86694