Daily Global Market Update
Euro's Overbought Market
The EUR/USD pair rose by 0.1% in the last trading session. The CCI (Commodity Channel Index) indicates that the market is currently overbought.
Yen's Negative Signal
The USD/JPY pair saw a 0.5% gain in the last session. The Stochastic indicator is signalling a negative trend.
Gold's Overbought Market
Gold rose by 0.5% against the dollar in the last session. The Stochastic RSI indicates that the market is currently overbought.
Apple's Decline
Apple stock increased by 1% in the last session. However, the Ultimate Oscillator is indicating a negative signal.
Global Financial Headlines
Netflix shares surged to an all-time high as its strategic investment in sports content added a record-breaking 18.99 million subscribers in the holiday quarter. Wall Street indexes rose, with the S&P 500 reaching an intraday record high. Additionally, China's state insurers are set to increase investments in A-share markets to boost its stock market, as directed by government policies.
Upcoming Economic Highlights
Key economic events to watch today include:
• US Initial Jobless Claims - 13:30 GMT
• Dutch Consumer Confidence Adjusted - 05:30 GMT
• US Continuing Jobless Claims - 13:30 GMT
• French Business Climate in Manufacturing - 07:45 GMT
• US EIA Crude Oil Stocks Change - 17:00 GMT
• Belgian Consumer Confidence Index - 10:00 GMT