EBC Daily Snapshot Augl 7, 2024
A BOJ official downplayed a near-term rate hike on Wednesday, adding to a week already marked by fears about the US recession.
EBC Financial Group
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72天前
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EBC Markets Briefing | Dow nabs closing record on TSMC’s buoyant report
The Dow hit its fourth record close in five sessions on Thursday, boosted by strong retail sales and TSMC's positive forecast.
EBC Financial Group
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2小時59分鐘前
Strong US data keep the dollar in demand
ECB cuts rate, keeps door wide open to a December move; Euro suffers as US retail sales surprise on the upside; Focus today is on Fedspeak and in particular Fed’s Bostic; Gold surpasses $2,700 as China announces further measures
XM Group
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3小時26分鐘前
EURGBP goes back to a downtrend
EURGBP charts new 2 ½-year low after UK retail sales beat estimates . Short-term bias is skewed to the downside, but price near familiar support line.
XM Group
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4小時12分鐘前
Daily Global Market Update
The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.
Moneta Markets
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6小時18分鐘前
Dollar Strength and Chinese Renminbi Weakness
The U.S. dollar has shown persistent strength in global currency markets, with the dollar index breaking above the critical 103.00 level. This resurgence has been driven by a combination of factors, including robust economic data from the U.S., heightened global risk aversion, and relative weakness in other major currencies, most notably the Chinese renminbi (CNY).
ACY Securities
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7小時40分鐘前
Monetary Policy and Economic Developments in Japan and the U.S.
In early October, the Bank of Japan (BOJ) held a regional meeting that highlighted positive trends in consumer spending, driven in part by wage growth, especially among younger demographics.
ACY Securities
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7小時42分鐘前
How You Can Trade the NZDCAD From the Monetary Policy Divergency
The recent inflation data from New Zealand and Canada has triggered notable movements in their respective currencies, the NZD and CAD. While both countries experienced a slowdown in inflation, the market response has been different.
ACY Securities
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7小時46分鐘前
EBC Markets Briefing | Bullion eyes record high despite dollar comeback
Gold reached its peak as Treasury yields fell. LBMA delegates forecast gold at $2,941 and silver at $45 within 12 months.
EBC Financial Group
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1天前