Daily Global Market Update

Oil up 0.7% on overbought market. Aussie-Dollar steady, potential upturn. Euro-Dollar sideways, positive Stochastic RSI. Dollar-Yen stable. Chinese EVs expand, Nvidia's earnings rise. Asian markets upward. Key releases: Dutch Confidence, Finland CPI, Germany Report, UK House Price, China FDI, Korea Sentiment Index.

Oil's Upward Movement

The Oil-Dollar pair saw a notable increase of 0.7% in the last session, with a peak rise of 1%. The Williams Percent Range indicator points towards an overbought market condition.

 

 

Aussie's Steady Pace

The Aussie-Dollar pair remained steady in the last session. The Williams Percent Range indicator is showing a positive signal, suggesting potential upward movement.

 

 

Euro's Sideways Trade

The Euro-Dollar pair traded sideways in the last session. The Stochastic RSI indicator is giving a positive signal, hinting at a potential shift in momentum.

 

 

Dollar-Yen's Stability

The Dollar-Yen pair showed little change in the last session. According to the Stochastic indicator, the market is currently overbought.

 

 

Global Financial Headlines

Chinese EV manufacturers, after years of explosive growth, are facing a domestic demand slowdown. This is driving them to expand globally, challenging traditional auto giants. Nvidia is set to release its earnings report, with Wall Street anticipating a significant increase. Asian markets have continued their upward trend, marking the fourth consecutive week of gains despite mild recessions and weak retail sales in key economies.

 

Upcoming Economic Highlights

Today's economic calendar is bustling with key releases:

• Dutch Consumer Confidence at 0530 GMT

• Finland's Consumer Price Index at 0600 GMT

• Germany's Bundesbank Monthly Report at 1100 GMT

• UK's Rightmove House Price Index at 0001 GMT

• China's Foreign Direct Investment at 0900 GMT

• Korea's Consumer Sentiment Index at 2100 GMT

규제: FSA (Seychelles), FSCA (South Africa)
read more
Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.
PU Prime | 1 일 전
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.
Moneta Markets | 1 일 전
Dollar extends retreat ahead of US Thanksgiving

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks
XM Group | 2 일 전