Analysis
Eurozone Growth Weakens USD - Continued Expectations Reflect Trend
Today marks a significant day for both Germany and the USA, as they are set to unveil crucial economic data. Germany will release the Consumer Price Index (CPI), while the USA will disclose the Producer Price Index (PPI). These releases are vital indicators of each country's inflationary trends.
ACY Securities
|
197 days ago
Japan’s Long-term Treasury Yield Surge
In the most recent trading session, asset classes remained largely unchanged as markets awaited key U.S. inflation data. The Producer Price Index (PPI) is set for release today, followed by the Consumer Price Index (CPI) tomorrow.
PU Prime
|
198 days ago
Daily Global Market Update
Gold fell by 1%, while the euro and pound rose slightly. Bitcoin surged 2.5%. The S&P 500 remained steady. Jeffrey Morphe sued Bitfarms for $27 million. Anglo American rejected BHP's $42.6 billion offer. Key economic events today include employment data from the UK and Japan, US business optimism, and Germany's consumer prices.
Moneta Markets
|
198 days ago
EURUSD, AUDUSD, GBPUSD
US CPI report may show the next direction of EURUSD; UK employment data may take GBPUSD down; Is Australia labour report strong enough to take AUDUSD out of trading range?
XM Group
|
198 days ago
Brent crude oil faces downward pressure amid demand uncertainties
The price of Brent crude oil is currently experiencing a downturn, trading around 82.55 USD per barrel this Monday. The primary concern affecting the market today is the uncertainty surrounding demand levels, exerting significant pressure on the commodity.
RoboForex
|
198 days ago
Daily Global Market Update
Oil-dollar pair fell 1.8%, ROC negative. Aussie dollar sideways, MACD positive. Euro-dollar sideways, MACD positive. Dollar-yen sideways, Stochastic RSI positive. China's consumer prices up for third month. Seeker's shares soar 35% above IPO price. Today: US bill auctions, Finland's Current Account, Portugal's CPI, Eurozone's Eurogroup Meeting, Japan's PPI.
Moneta Markets
|
198 days ago
Investors cautious as spotlight falls on US inflation
Dollar gains slightly on hawkish Fed remarks - Investors scale back their Fed rate cut bets - China’s CPI rises for the third straight month - US stocks stay supported despite rebound in yields
XM Group
|
198 days ago
Crypto market under pressure from Bitcoin
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market under pressure from Bitcoin
FxPro
|
198 days ago
Gold loses some ground but still bullish
Gold loses momentum after reaching a two-week high; Short-term risk remains skewed to the upside above 2,325.
XM Group
|
198 days ago
Natural Gas Outlook for Major Players during the USA Election
In the global energy landscape, natural gas holds a pivotal position, its significance underscored by its role as a primary energy source and a key driver of economic activity. However, the natural gas market is characterized by a complex interplay of supply and demand dynamics, geopolitical factors, and regulatory frameworks, rendering it susceptible to volatility and uncertainty.
ACY Securities
|
198 days ago
EUR CPI and USA PPI Volatility is Set for the Week – What Can We Expect?
Coming from a very slow week last week, entering now a new week ahead full of meaningful events, we will need to watch closely the EUR area as well as the USA area as these two will be the most affected ones from the G10 group so let’s give a break on those data now and get to know what will happen during the week ahead.
ACY Securities
|
198 days ago
Dollar Edges Up Ahead of Fed Speak, Aussie Dips
The Dollar Index (DXY) steadied, settling at 105.30 (105.20) ahead of more Fed speak this week. US Treasury Yields rebounded, with the 10-Year Rate climbing to 4.50% (4.45%).
ACY Securities
|
198 days ago
Forex Market Report - 13/05/2024
This Forex Market Report provides a snapshot of key economic and financial developments influencing the global forex markets. Traders can monitor these factors closely to adjust their strategies accordingly.
DNA Markets
|
199 days ago
BoJ Trim Bond Buying Amid Weakening Yen
Japanese authorities reduced their bond purchases in regular operations in response to the significant depreciation of the yen.
PU Prime
|
199 days ago
Aussie Soars, Outperforms as Iron Ore, Commodities Rise
The Australian Dollar soared past the 0.66 cent mark to 0.6620 (0.6585), outperforming it Peers following higher Iron Ore and base metal prices.
ACY Securities
|
199 days ago
Forex Market Report - 10/05/2024
This Forex Market Report provides a snapshot of key economic and financial developments influencing the global forex markets. Traders can monitor these factors closely to adjust their strategies accordingly.
DNA Markets
|
201 days ago
Toncoin catches up with XRP
Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Toncoin catches up with XRP
FxPro
|
201 days ago
Dollar slides, gold shines after soft US labor market data
Dollar drops as jobless claims signal labor market is losing steam - Gold and stock markets climb, capitalizing on Fed rate cut bets - Sterling retreats on BoE decision, but recovers after GDP stats
XM Group
|
201 days ago
The Impact of the BoE Rate Decision on the Market
In the aftermath of the recent session, the USD and US yields are showing signs of resilience, reclaiming ground lost in the previous week's sell-off. Equities, on the other hand, are maintaining stability, supported by various technical factors such as CTA flow, buybacks, and vol compression, as highlighted by Goldman Sachs equity counterparts. However, the fervour to chase last week's rally seem
ACY Securities
|
201 days ago
Assessing the Timing of Bank of England's Rate Cut
The Bank of England (BoE) is standing firm on maintaining its bank rate at 5.25%, but whispers of a forthcoming cut are growing louder. While the inclination towards a reduction might wait until the August meeting, there's a palpable chance for an earlier adjustment, potentially as soon as June 20th.
ACY Securities
|
201 days ago