Daily Global Market Update

Euro dipped slightly, gold and oil rose, Bitcoin and pound flat. Investors cautious ahead of key economic data and Fed meeting. Upcoming events include Japan PPI, UK employment data, and US business optimism index.

Moneta Markets | 169 days ago

Euro's Minor Dip Against the Dollar

The EUR/USD pair saw a slight decrease of 0.1% in the last session. The Williams %R indicator suggests that we are currently in an oversold market.

Gold's Uptick in the Last Session

The gold-dollar pair increased by 0.5% recently. The Stochastic indicator is currently signalling a positive trend.

Pound's Sideways Movement

The GBP/USD pair traded without significant change in the last session. The Stochastic indicator suggests a negative outlook.

Bitcoin's Stable Trading

Bitcoin traded sideways in the last session. The Stochastic indicator is giving a positive signal.

Global Financial Headlines

Investor caution looms with record highs for the S&P 500 and NASDAQ ahead of this week’s crucial consumer prices report, Federal Reserve policy announcement, and Apple’s developer conference. Oil prices saw a significant rise, climbing about 3% to a one-week high, buoyed by anticipated rising summer fuel demand despite a strong US dollar and expectations that US interest rates will remain elevated.

Upcoming Economic Highlights

Anticipated economic events include Japan's Producer Price Index at 2350 GMT, the UK's Claimant Count Change and Employment Change at 0600 GMT, and the US NFIB Business Optimism Index at 1000 GMT.

• Japan's Producer Price Index - 2350 GMT

• UK's Claimant Count Change - 0600 GMT

• Japan's Machine Tool Orders - 0600 GMT

• US NFIB Business Optimism Index - 1000 GMT

• Dutch Consumer Price Index - 0430 GMT

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EUR/USD Steady Ahead of Major US Data Releases

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes.

RoboForex | 3h 28min ago

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.

PU Prime | 7h 6min ago

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.

Moneta Markets | 1 day ago

Trump’s Tariff Policies Push Dollar Higher

The dollar surged to a recent high, recovering from yesterday's retreat, driven by President-elect Donald Trump's threats of 25% tariffs on Canada, China, and Mexico.

PU Prime | 1 day ago

NZDUSD, USDJPY, EURUSD

RBNZ to cut rates again with NZDUSD remaining in negative territory; US core PCE may give some clues for the next Fed meeting; USDJPY near 155.00; Eurozone flash CPI on the agenda; EURUSD tumbles 5% in three weeks

XM Group | 2 days ago

EUR/USD Amid Slowing European Economy

EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB).

RoboForex | 2 days ago

Dollar Plummet on Trump’s Treasury Secretary Speculation

The U.S. Dollar faced a sell-off during the Asian session as market sentiment shifted with speculation around Donald Trump’s potential Cabinet appointments.

PU Prime | 2 days ago

Yen Strengthens on BoJ Speculation, Euro Struggles Amid Trade Tensions

The Japanese yen saw notable appreciation overnight, with USD/JPY dipping below the critical 155.00 level. This movement was spurred by comments from Bank of Japan (BoJ) Governor Kazuo Ueda, who avoided providing a definitive stance on whether the central bank might pivot its policy at the December meeting.

ACY Securities | 2 days ago

EURUSD	1.0531	GBPUSD	1.26286	AUDUSD	0.64826
USDJPY	151.566	USDCAD	1.40562	USDCHF	0.88345