Daily Global Market Update

Gold up 1.8%, Euro and Pound gain slightly. Bitcoin volatile, down 0.1%. Wall St. weak, real estate and finance lead. Marathon Digital raises $250m. JetBlue downgraded. Key data today: UK jobs, US NFIB, German ZEW, UK claims, US producer prices.

Moneta Markets | vor 107 Tagen

Gold's Significant Surge

The Gold/Dollar pair skyrocketed by 1.8% in the last session. The ROC is giving a positive signal, aligning with the overall bullish trend.

Euro/Dollar's Minor Correction

The Euro/Dollar pair experienced a slight upward correction, rising by 0.1% in the last session. The ROC indicator is giving a positive signal.

Pound/Dollar's Slight Increase

The Pound/Dollar pair saw a minor rise of 0.1% in the last session. The Stochastic RSI is giving a positive signal.

Bitcoin's Volatile Session

The Bitcoin/Dollar pair dropped 0.1% in the last session after rising as much as 3.2% during the session. The Stochastic indicator is giving a positive signal.

Global Financial Headlines

Wall Street stocks struggled for direction as investors braced for a slew of US economic data this week, particularly consumer prices, to gauge the outlook for Federal Reserve monetary policy. Real estate and financials were the top losers among S&P 500 sectors. Marathon Digital Holdings, the world's largest Bitcoin mining firm, has announced a $250 million offering of convertible senior notes due in 2031 in a private offering to qualified institutional buyers. The company is also considering selling an additional $37.5 million in notes to initial purchasers based on market conditions. Ratings agencies S&P and Moody's downgraded JetBlue Airways after the carrier unveiled plans to raise more than $3 billion in debt, majority backed by its loyalty programme TrueBlue. Sales of the New York-based company plummeted 19%.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• UK's Employment Change - 0600 GMT

• US NFIB Business Optimism Index - 1000 GMT

• Germany's ZEW Survey Current Situation - 0900 GMT

• Germany's ZEW Survey Economic Sentiment - 0900 GMT

• UK's Claimant Count Change - 0600 GMT

• US Producer Price Index - 1230 GMT

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

Tags: Analyse

EBC Markets Briefing | Oil prices meander on OPEC’s efforts

Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.

EBC Financial Group | vor 10Std 44 Minuten

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks

XM Group | vor 12Std 18 Minuten

Japanese Yen Climbs to Five-Week High Due to USD Weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.

RoboForex | vor 13Std 3 Minuten

EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | vor 14Std 23 Minuten

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 | vor 16Std 47 Minuten

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 | vor 17Std 20 Minuten

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 | vor 18Std 37 Minuten

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 | vor 18Std 38 Minuten

EURUSD	1.05547	GBPUSD	1.26893	AUDUSD	0.65012
USDJPY	151.526	USDCAD	1.40111	USDCHF	0.88268