Daily Global Market Update

Oil-dollar pair fell 1.8%, ROC negative. Aussie dollar sideways, MACD positive. Euro-dollar sideways, MACD positive. Dollar-yen sideways, Stochastic RSI positive. China's consumer prices up for third month. Seeker's shares soar 35% above IPO price. Today: US bill auctions, Finland's Current Account, Portugal's CPI, Eurozone's Eurogroup Meeting, Japan's PPI.

Oil-Dollar Pair's Decline

The oil-dollar pair experienced a significant decline of 1.8% in the last session. The Rate of Change (ROC) indicator is giving a negative signal, suggesting potential downward pressure on the pair.

 

 

Australian Dollar Pair's Sideways Movement

The Aussie dollar pair traded sideways in the last session. Contrary to the oil-dollar pair, the Moving Average Convergence Divergence (MACD) indicator is giving a positive signal for this pair.

 

 

Euro-Dollar Pair's Sideways Movement

Similarly, the euro-dollar pair traded sideways in the last session, with the MACD indicating a positive signal, suggesting stability in this pair.

 

 

Dollar-Yen Pair's Sideways Movement

In line with the previous pairs, the dollar-yen pair also traded sideways in the last session. However, the Stochastic RSI is giving a positive signal for this pair.

 

 

Global Market Headlines

Turning to global headlines, China's consumer prices rose for a third consecutive month in April, signaling improving domestic demand. Meanwhile, Seeker's shares soared nearly 35% above their IPO price, marking a strong debut for the electric vehicle maker in the US market.

 

Upcoming Economic Events

Here's a glimpse of today's economic calendar:

• US 3-Month Bill Auction - 1530 GMT

• US 6-Month Bill Auction - 1530 GMT

• Finland's Current Account - 0500 GMT

• Portuguese Consumer Price Index - 1000 GMT

• Eurozone's Eurogroup Meeting - 0700 GMT

• Japan's Producer Price Index - 2350 GMT

Regulace: FSA (Seychelles), FSCA (South Africa)
read more
Daily Global Market Update

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.
Moneta Markets | Před 2 h 34 min
Gold Decline on Easing Geopolitical Tension

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.
PU Prime | Před 3 h 7 min
How Global Economic Shifts Shape November's Trading Opportunities

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.
ACY Securities | Před 4 h 24 min
How Low Could EUR/USD Go?

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.
ACY Securities | Před 4 h 25 min
Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

As December approaches, global financial markets are gearing up for significant developments in the monetary policies of the world’s three major economies—the United States, the Eurozone, and Japan. A mix of rate adjustments, fiscal strategies, and macroeconomic signals is shaping the FX market, with traders and analysts keenly anticipating the outcomes.
ACY Securities | Před 4 h 31 min
President Trump’s 25% Tariffs on Canada and Mexico: What’s the Market Impact?

President Trump’s 25% Tariffs on Canada and Mexico: What’s the Market Impact?

The international financial landscape is once again grappling with uncertainty after President-elect Donald Trump’s announcement of potential new tariffs. The proposals include a 10% levy on Chinese goods and a significant 25% tariff on imports from Canada and Mexico. These moves have sparked widespread debate, with markets responding in ways that highlight the intricate interplay between trade po
ACY Securities | Před 4 h 33 min