Daily Global Market Update

The Euro weakened against the Dollar, while the Dollar strengthened against the Yen. Gold and Meta stock rose. The Canadian dollar strengthened after a rate cut with hawkish guidance. Wall Street rallied, led by tech stocks. Key economic events to watch include US CPI, Bank of Canada's Monetary Policy Report, Eurozone Industrial Production, UK GDP, and Japan Machinery Orders.

Moneta Markets | vor 11Std 53 Minuten

Euro's Decline Against the Dollar

The last trading session saw the Euro fall by 0.3% against the dollar. The CCI indicator is giving a negative signal.

Dollar Gains Against the Yen

The dollar gained 0.3% against the yen in the last trading session. The Stochastic indicator is giving a positive signal.

Gold's Positive Movement

Gold rose by 0.8% against the dollar in the last trading session. The MACD is giving a positive signal.

Meta Stock's Significant Gain

Meta stock rose by 1.5% in the last trading session. The Ultimate Oscillator is indicating a positive signal.

Global Financial Headlines

The Canadian dollar strengthened as the Bank of Canada cut interest rates by 0.5% but adopted hawkish guidance. Wall Street saw tech stocks rally, pushing the NASDAQ above 20,000 points for the first time after a US inflation report heightened expectations of a Federal Reserve rate cut.

Upcoming Economic Highlights

Key events to monitor include:

• US Consumer Price Index (CPI) - 1230 GMT

• Bank of Canada's Monetary Policy Report - 1400 GMT

• Eurozone Industrial Production - 0900 GMT

• UK GDP Preliminary Reading - 0700 GMT

• Japan Machinery Orders - 2350 GMT

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

Tags: Analyse

EUR/USD Under Pressure US inflation, France, and ECB Rate

The EUR/USD pair declined to 1.0504 on Thursday, influenced by investor reactions to the latest US inflation data.

RoboForex | vor 6Std 17 Minuten

EBC Markets Briefing | Oil prices little affected by fresh EU sanction

Oil prices were steady in early Asian trade as weak demand and higher US inventories outweighed EU sanctions on Russia.

EBC Financial Group | vor 7Std 55 Minuten

Nasdaq hits record as US CPI seals December cut; ECB up next

Fed rate cut bets firm after US CPI rises within expectations. Yen remains under pressure as BoJ rate hike odds fade further. SNB slashes rates by 50 bps, ECB decision expected soon. Nasdaq soars to new record high, oil futures perk up

XM Group | vor 8Std 13 Minuten

ATFX Market Outlook 12th December 2024

In November, the US Consumer Price Index (CPI) saw a month-on-month increase, like in July, but the Federal Reserve is still expected to cut interest rates for the third time next week. On Wednesday, the S&P 500 index rose significantly, driven by technology stocks that pushed the Nasdaq to a new high. The Dow futures trade closed fell 0.22%, but the S&P 500 increased by 0.82%, and the Nasdaq rose

ATFX | vor 11Std 23 Minuten

Soft CPI Reading, Reinforces Fed Rate Cut

Yesterday's US CPI report, which aligned with market expectations, strengthened market bets on a December Fed rate cut. The dovish Fed outlook pressured the dollar, which struggled to hold recent highs. Wall Street rallied on the news, anticipating lower borrowing costs.

PU Prime | vor 12Std 21 Minuten

Australian Dollar Hits Four-Week Low Amid RBA Stance and US Dollar Strength

EURUSD	1.04863	GBPUSD	1.26919	AUDUSD	0.63742
USDJPY	152.43	USDCAD	1.41915	USDCHF	0.88999

Daily Global Market Update

EUR/USD Under Pressure US inflation, France, and ECB Rate

EBC Markets Briefing | Oil prices little affected by fresh EU sanction

Nasdaq hits record as US CPI seals December cut; ECB up next

ATFX Market Outlook 12th December 2024

Soft CPI Reading, Reinforces Fed Rate Cut

Australian Dollar Hits Four-Week Low Amid RBA Stance and US Dollar Strength

All eyes on US CPI as dollar edges up; BoC set to slash rates

US dollar rose as investors adjusted positions, while Middle East turmoil drove gold near $2700.