Daily Global Market Update

Gold-dollar pair stable; euro-dollar slightly up; pound strengthens; Bitcoin dips. US stocks rise, led by Tesla and Apple. Binance faces lawsuit; key economic events include housing starts, US consumer confidence, and retail sales data.

Gold Dollar Pair's Stability

The gold-dollar pair remained largely unchanged in the last session. However, the ultimate oscillator indicates a negative signal.

 

 

Euro Dollar Analysis

The euro-dollar pair experienced a minor upward correction, gaining 0.1% in the last session. The stochastic indicator suggests a positive outlook.

 

 

Pound's Increment Against Dollar

The pound gained 0.3% against the dollar in the last session, with the MACD signaling a positive outlook.

 

 

Bitcoin's Minor Decline

The Bitcoin-dollar pair saw a slight dip of 0.2% in the last session, accompanied by a negative signal from the ultimate oscillator.

 

 

World Financial Headlines

US stocks surged, with notable gains for Tesla and Apple, as investors awaited the Federal Reserve's interest rate outlook post-policy meeting. Meanwhile, cryptocurrency exchange Binance faces a class action lawsuit in Canada, alleging violations of local securities laws.

 

Upcoming Economic Highlights

Here are today's major economic events:

• Japan's Annualized Housing Starts - 0500 GMT

• US Consumer Confidence - 1400 GMT

• Australia's Retail Sales - 0130 GMT

• Germany's Retail Sales - 0600 GMT

• Japan's Construction Orders - 0500 GMT

• Eurozone's Harmonized Index of Consumer Prices - 0900 GMT

Réglementation: FSA (Seychelles), FSCA (South Africa)
read more
Dollar extends retreat ahead of US Thanksgiving

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 | il y a 6h 59min
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 | il y a 11h 28min
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 | il y a 12h 2min
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 | il y a 13h 18min
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 | il y a 13h 19min