Analysis

Daily Global Market Update

Daily Global Market Update

Gold corrected -0.2%, Euro rose +0.3%, Pound climbed +0.4%, Bitcoin surged +4.5%. Oil fell due to US-Venezuela prospects, Binance suspended UK access, LinkedIn announced layoffs. Economic highlights: US Retail Sales, Eurozone's EcoFin Meeting, Japan's Tertiary Industry Index, US Industrial Production, Australia's RBA Meeting Minutes, Eurozone's ZEW Survey.
Moneta Markets | 372日前
Dollar Softens as Middle East Tension Eases

Dollar Softens as Middle East Tension Eases

Amid rising Middle East tensions, Western allies have intensified diplomatic efforts. U.S. President Joe Biden's upcoming visit to Israel signals a show of support, bolstering market confidence.
PU Prime | 372日前
Bitcoin locked in a vice

Bitcoin locked in a vice

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin locked in a vice
FxPro | 372日前
The Trading Week Ahead

The Trading Week Ahead

Join Luca Santos, ACY Securities' Technical Market Analyst, as he prepares for "The Trading Week Ahead" in this insightful video for October 16, 2023.
ACY Securities | 372日前
One More Hike View Helped After CPI

One More Hike View Helped After CPI

The recent release of macroeconomic data last week has rekindled expectations for another increase in interest rates, in line with the current official guidance from the Federal Open Market Committee (FOMC).
ACY Securities | 372日前
Central bank speakers in focus amid Middle East tensions

Central bank speakers in focus amid Middle East tensions

Equities in Asia Pacific drop due to Israel/Palestine concerns. China's central bank aids recovery. In Poland, opposition party gains. UK focuses on Middle East tensions and central bank remarks. US Fed's Harker hints at rate hold. UK labor market data releases with wage growth issues.
Moneta Markets | 373日前
EUR & GBP: What They Have in Common at This Crucial Moment?

EUR & GBP: What They Have in Common at This Crucial Moment?

Yesterday, the European Central Bank unveiled the findings from its latest consumer expectations report. The report indicated a slight uptick in inflation expectations for August, with a modest increase in forecasts for both the upcoming 12 months (from 3.4% to 3.5%) and the subsequent three years (up from 2.4% to 2.5%).
ACY Securities | 375日前
Geopolitical Risk Premium Scaled Back as USD & US Yields Continue to Fall

Geopolitical Risk Premium Scaled Back as USD & US Yields Continue to Fall

The US dollar continued its downward correction overnight before the CPI from US, causing the dollar index to dip after reaching an intra-day low of 105.56 yesterday. Over the past week, the US dollar has been the weakest performer among G10 currencies, particularly struggling against the Swiss franc, where it lost 1.0% of its value.
ACY Securities | 375日前
Daily Global Market Update

Daily Global Market Update

Pound-dollar dropped 1.1% with negative sentiment, Bitcoin down 0.4% in oversold market, oil-dollar rose 0.4% with negative MACD, and aussie-dollar plummeted 1.6%. Global news: Bitcoin under $27,000, UK economy up 0.2%, White House preps Russian oil sanctions. Upcoming: US Consumer Sentiment, Budget, Eurozone Production, Finland GDP, Japan & UK CFTC Positions.
Moneta Markets | 375日前
Upbeat CPI Boosts Dollar’s Strength

Upbeat CPI Boosts Dollar’s Strength

Market sentiment shifted significantly after the U.S. Consumer Price Index data exceeded expectations, along with strong Initial Jobless Claims figures. Investors are now reevaluating the possibility of the Federal Reserve's monetary tightening cycle ending.
PU Prime | 376日前
The Week Ahead: Week of 16 October US Existing Home Sales Faces Challenges

The Week Ahead: Week of 16 October US Existing Home Sales Faces Challenges

In August, U.S. retail sales exceeded expectations due to higher gasoline prices, impacting the economy. UK CPI was predicted to reach 7.0% but surprised at 6.7%, leading to adjustments in future rate hike expectations. Unexpectedly, U.S. existing home sales declined in August, indicating housing market challenges despite prior stabilisation.
PU Prime | 376日前
Daily Global Market Update

Daily Global Market Update

Euro up 0.1%, bullish sentiment. Dollar gains 0.3% vs. yen, gold up 0.7%. Amazon up 1.5%, overbought. Global updates: Canadian dollar dips, uncertainty over Hamas-Israel impact. Resilience against shocks, DAX and FTSE 100 rise, CAC 40 faces challenges. Key events: Japan investments, UK GDP, Portugal CPI, Australia inflation.
Moneta Markets | 376日前