Daily Global Market Update

Oil slid 0.9% against the dollar, showing a bullish signal on MACD. Aussie dollar stood still with a bearish Stochastic RSI. Euro traded sideways with an overbought Stochastic RSI. Dollar-yen held steady, hinting at overbought conditions. In global news, the UK faces rising unemployment, the US reports a $1.695 trillion budget deficit, and China unveils an economic revival plan.

Moneta Markets | 366天前

Oil's Slippery Slope

Oil experienced a decline of 0.9% against the dollar in the previous trading session. The MACD is highlighting a bullish signal, consistent with the overarching technical analysis.

Aussie Dollar's Standstill

The Australian dollar traded sideways during the last session. The Stochastic RSI suggests a bearish momentum, aligning with the broader technical view.

Euro's Stagnation

The euro-dollar pair traded sideways in its recent session. The Stochastic RSI is flagging an overbought market condition.

Yen's Steady Pulse

The dollar-yen price remained largely unaltered in the previous trading session. The Stochastic RSI is hinting at an overbought scenario.

Global News Roundup

In the UK, unemployment rates have surged to their pinnacle since 1994. The rising tide has particularly affected the youth as the private sector struggles to offset public sector job redundancies. This has exacerbated pressures on the government to rejuvenate a dormant economy. The US closed its fiscal year 2023 with a budget deficit of a staggering $1.695 trillion, marking a 23% escalation from the preceding year. This upswing is attributed to dwindling revenues coupled with mounting outlays for social securities like Medicare and burgeoning federal debt interests. China, steered by the People's Bank of China Governor Pang Gong Sheng, has unveiled its strategy to spur consistent economic revival. The plan pivots on magnifying domestic demand while concurrently parrying off financial vulnerabilities.

Key Economic Events Today

A quick glance at significant economic unveilings expected today:

• US Chicago Fed National Activity Index - 12:30 GMT

• US 3-Month Bill Auction - 15:30 GMT

• US 6-Month Bill Auction - 15:30 GMT

• Dutch Consumer Confidence Edge - 04:30 GMT

• Eurozone's Consumer Confidence - 14:00 GMT

• Germany's Bundesbank Monthly Report - 10:00 GMT

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

標籤: 分析報告

Loonie Stops Falling in Anticipation of the Rate Decision

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Loonie Stops Falling in Anticipation of the Rate Decision

FxPro | 4小時4分鐘前

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | 8小時8分鐘前

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | 8小時33分鐘前

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | 9小時13分鐘前

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 12小時0分鐘前

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 12小時22分鐘前

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | 12小時36分鐘前

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | 12小時37分鐘前

EURUSD	1.07698	GBPUSD	1.29142	AUDUSD	0.66244
USDJPY	152.817	USDCAD	1.38362	USDCHF	0.86744