Daily Global Market Update

The Euro and Gold dipped slightly, while the Dollar strengthened against the Yen. Meta's stock surged but might be overbought. Amazon hit $2 trillion in market cap, boosting investor optimism. Upcoming economic data include US GDP and Durable Goods Orders.

Moneta Markets | 152 days ago

Euro's Minor Dip Against the Dollar

The Euro/Dollar pair saw a minor decrease of 0.2% in the last session. The MACD is giving a negative signal, suggesting a potential further decline.

Dollar Strengthens Against Yen

The Dollar rose by 0.6% against the Yen in the last session. The Ultimate Oscillator indicates that we are currently in an overbought market.

Gold's Drop Amid Market Volatility

The Gold/Dollar pair dropped by 0.9% in the last session. According to the Williams %R indicator, we are currently in an oversold market.

Meta's Stock Surge

Meta's stock gained 1.4% in the last session. The Commodity Channel Index (CCI) indicates that the market is currently overbought.

Global Financial Headlines

Amazon.com reached a market valuation of $2 trillion, reflecting heightened optimism around AI and potential interest rate cuts. Meanwhile, major US stock indexes experienced modest gains in a volatile session, with key events like the presidential debate and upcoming inflation reports closely watched by the Federal Reserve.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US Gross Domestic Product - 1230 GMT

• US Durable Goods Orders - 1230 GMT

• Australia's Consumer Inflation Expectations - 0100 GMT

• Eurozone Eurogroup Meetings - 0700 GMT

• Japan's Tokyo Consumer Price Index - 2330 GMT

• Japan's Unemployment Rate - 2330 GMT

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

Tags: Analysis

Dollar rebounds, loonie tumbles on Trump tariff threats

Trump vows tariffs on Canada, Mexico and China - Dollar gains, loonie tumbles the most among majors - RBNZ expected to deliver another bold rate cut - Gold and oil fall on Israel-Hezbollah ceasefire headlines

XM Group | 11h 57min ago

Crypto market deepens correction

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market deepens correction

FxPro | 12h 45min ago

EBC Markets Briefing | Bullion unchanged after Trump tariff vow

Gold prices held steady after Trump’s tariff announcement, dropping over 3% the previous day as Israel neared a ceasefire.

EBC Financial Group | 13h 32min ago

NZD/USD Hits Yearly Low Amid US Dollar Strength

The NZD/USD pair has experienced a significant decline, touching a low of 0.5841 and reaching a yearly trough of 0.5796. The primary pressure comes from a robust US dollar, bolstered by anticipations of a more stringent tariff regime under US President-elect Donald Trump.

RoboForex | 14h 14min ago