Daily Global Market Update
EUR/USD's Positive Trend
The Euro gained 0.3% against the dollar in the last session. The RSI is giving a positive signal.
USD/JPY's Market Indecision
The Dollar-Yen pair traded sideways in the last session. The ROC is giving a negative signal.
Gold's Strong Uptrend Against USD
The gold-dollar pair exploded 1.1% in the last session. According to the CCI, we are in an overbought market.
Alibaba's Stock Rise
Alibaba stock gained 1.8% in the last session. The CCI is giving a positive signal.
Global Financial Headlines
Yen hits a 38-year low against the US dollar; S&P 500 and NASDAQ reach record highs, fueled by data suggesting a potential slowdown in the economy, bolstering hopes for an upcoming Fed rate cut.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• Japan's Monetary Base - 2350 GMT
• Japan's JP Foreign Reserves - 2350 GMT
• Australia's Trade Balance - 0130 GMT
• Germany's Factory Orders - 0600 GMT
• Japan's Overall Household Spending - 2330 GMT
• Australia's Imports - 0130 GMT