Analysis

S&P 500 hits 5,000 milestone as US CPI awaited

S&P 500 hits 5,000 milestone as US CPI awaited

Fading rate cut bets fail to deter tech rally as S&P 500 tops 5,000. Relief as no major changes in annual US CPI revisions, January report eyed next. Dollar drifts sideways in thin trading amid holidays across Asia.
XM Group | 292 days ago
EURUSD, GBPUSD, USDJPY

EURUSD, GBPUSD, USDJPY

• US CPI figure may confirm another bullish wave for EUR/USD • UK data this week could clear GBP/USD’s next direction • Japan GDP to reverse higher; USD/JPY may lose ground
XM Group | 292 days ago
Daily Global Market Update

Daily Global Market Update

Oil up 0.2%, Aussie dollar steady, Euro Dollar sideways, Dollar Yen flat but positive. Global: Georgieva optimistic, Bezos sells $2B in Amazon shares. US becoming major oil exporter. Events: US Monthly Budget, Japan's PPI, CFTC positions (GBP, JPY), Finland's Current Account, and US 3-Month Bill Auction.
Moneta Markets | 292 days ago
Kiwi Soars, Aussie Up, Dollar Eases; Ahead – US CPI

Kiwi Soars, Aussie Up, Dollar Eases; Ahead – US CPI

New Zealand’s Kiwi found its wings, soaring 0.53% to 0.6150, its highest finish in a month. With New Zealand’s economy showing signs of resilience, some analysts point to a rate increase from the RBNZ. The RBNZ meets on interest rates later this month, on 28 February. 
ACY Securities | 292 days ago
Yen sinks on BoJ comments, dollar eyes CPI revisions

Yen sinks on BoJ comments, dollar eyes CPI revisions

Yen gets mauled as traders lose confidence in BoJ tightening cycle - Dollar set for fourth week of gains, inflation revisions today may be crucial - Oil prices soar, stock markets take a breather but still at record highs
XM Group | 295 days ago
Dollar, Yields Push Up; US Initial Jobless Claims Ease

Dollar, Yields Push Up; US Initial Jobless Claims Ease

Better-than-expected Initial US Unemployment Claims, easing to 218,000 from 227,000 previously lifted bond yields and the Dollar. A popular gauge of the Greenback’s value against a basket of 6 major currencies, the Dollar Index (DXY) pushed up to 104.15 (104.00).
ACY Securities | 295 days ago
Is Gold Dropping to $1,050 Per Ounce as 2013?

Is Gold Dropping to $1,050 Per Ounce as 2013?

Gold, the age-old symbol of wealth and stability, has recently faced a significant challenge, breaking below a crucial technical support level at $2.017 per ounce. This development sends a negative signal for both gold and silver. There is even a possibility of a further slide to the mid $1.980 per ounce level, indicating a challenging period for gold investors.
ACY Securities | 295 days ago
Oil Market Shifts Amid Red Sea Disruptions and Refined Product Dynamics

Oil Market Shifts Amid Red Sea Disruptions and Refined Product Dynamics

When talking about the oil industry, we can see some recent disruptions in the Red Sea have brought about a notable shift in the dynamics of refined product markets. The resurgence in refining margins, triggered by these disruptions, prompted a re-evaluation of Goldman Sachs refined product crack forecasts considering the updated refining capacity outlook.
ACY Securities | 295 days ago
Daily Global Market Update

Daily Global Market Update

GBP/USD steady, potential decline; BTC/USD up 2.2%, Oil rose 3.3%; AUD/USD down 0.3%. Global: Bitcoin > $45,000; Gold stable, Oil up on Middle East tensions. Key events: US Baker Hughes Oil Rig Count, Germany's CPI, Finland's Industrial Output, Austrian Industrial Production, Japan's CFTC JPY NC Net Positions, UK's CFTC GBP NC Net Positions.
Moneta Markets | 295 days ago
China Exports Deflation

China Exports Deflation

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: China Exports Deflation
FxPro | 296 days ago