Analysis

Daily Global Market Update

Daily Global Market Update

Gold-Dollar pair corrected (-0.1%), Euro-Dollar slightly up (0.2%), Pound-Dollar increased (0.1%). Bitcoin surged (5.5%), but MACD negative. US stocks down, Bitcoin above $54,000. BYD unveiled $230,000 supercar. Economic events: US Consumer Confidence, Durable Goods Orders, Germany's GfK Consumer Confidence, and Finland's Confidence reports.
Moneta Markets | 239日前
Focus on Fed Policy and Global Growth

Focus on Fed Policy and Global Growth

Over the past week, the US dollar experienced a slight decline, marking the end of five consecutive weeks of gains. This shift comes after a strong rebound at the beginning of the year, and it reflects a decrease in the upward momentum of the US dollar in the short term. The hawkish adjustment of Federal Reserve policy expectations has been a key factor in the dollar's recent performance.
ACY Securities | 239日前
BoE on Cautions as PMIs Rise on UK – Will it Delay the First Cut?

BoE on Cautions as PMIs Rise on UK – Will it Delay the First Cut?

Recent data from the UK suggests a brighter outlook, hinting that the technical recession experienced in the latter part of last year may have come to an end. The preliminary figures for February show a slight increase in the UK Composite PMI from 52.9 to 53.3, marking the highest reading since May of the previous year.
ACY Securities | 239日前
USD Prolonged Selling Due to Risk-Averse Sentiment

USD Prolonged Selling Due to Risk-Averse Sentiment

Last Friday marked the most extensive trading range in EUR/USD since the US CPI data release on February 13th. Initially, the euro gained traction amidst a robust risk appetite in the global equity markets, driven by strong Nvidia earnings that boosted overall market sentiment.
ACY Securities | 239日前
USD/JPY, EUR/USD, NZD/USD

USD/JPY, EUR/USD, NZD/USD

US Core PCE price index expected to fall as USD/JPY weakens; Decline in flash Eurozone CPI may lead to rate cuts; EUR/USD remains above 1.0800; RBNZ expected to keep rates unchanged; NZD/USD falls after bullish rally
XM Group | 240日前
Daily Global Market Update

Daily Global Market Update

Oil fell 2%, Aussie dollar stable but signals negativity, Euro unchanged but overbought, Dollar Yen sideways with potential headwinds. Global highlights: Bank of Japan may exit negative rates, VinFast seeks reduced import duties, Nvidia briefly hits $2 trillion. Upcoming: US New Home Sales, Bill Auctions, Irish Consumer Confidence, Japan CPI.
Moneta Markets | 240日前
Dollar gains ground ahead of key inflation data

Dollar gains ground ahead of key inflation data

Dollar rebounds as PCE inflation data eyed - Investors continue to scale back Fed rate cut bets - Kiwi slides but RBNZ hike chance remains unchanged - Wall Street loses steam, focus could turn on monetary policy
XM Group | 240日前
Gold battles with 50-day SMA

Gold battles with 50-day SMA

Gold rebounds strongly from its 2024 low ; Challenges 50-day SMA and ascending trendline ; Momentum indicators turn neutral-to-positive
XM Group | 240日前
All Eyes on Japan’s CPI

All Eyes on Japan’s CPI

The robust U.S. stock markets, having reached record highs, paused for breath last Friday, reflecting a momentary halt in their bullish momentum. Conversely, the dollar index has maintained a subdued trajectory in recent sessions, but this calm is anticipated to be disrupted in the week ahead.
PU Prime | 240日前
Daily Global Market Update

Daily Global Market Update

Pound up 0.1%, Bitcoin down 0.3%, Oil gained 0.3%, Aussie Dollar stable, BNB surged past $380. Gold and oil rose on weaker dollar, geopolitical tensions. Economic events: U.S. Baker Hughes Oil Rig Count, Eurozone Ecofin Meeting, Germany GDP, Japan CFTC JPY net positions, UK GfK Consumer Confidence, UK CFTC GBP net positions.
Moneta Markets | 243日前