Daily Global Market Update
Euro Dollar Pair's Gain
The Euro Dollar pair gained 0.4% in the last session. The MACD is giving a negative signal.
Dollar Yen Pair Correction
The Dollar Yen pair corrected downwards by 0.2% in the last session. The CCI indicates that we are in an overbought market.
Gold Dollar Pair's Drop
The Gold Dollar pair dropped by 0.8% in the last session. The ROC is giving a negative signal.
Nike's Minor Rise
Nike shares saw a minor rise of 0.2% in the last session. The Ultimate Oscillator is giving a positive signal.
Global Financial Headlines
The dollar edged down but was still within striking distance of its 5 and 1/2 month high, keeping the Yen routed near 34-year lows. US stocks fell in choppy trading as investors assessed the Federal Reserve interest rate stuns and a batch of soft earnings early in the financial reporting season. European shares were flat, hovering near more than a month's low, with quarterly earnings reports from legacy names like ASML, LVMH, and Adidas in the spotlight, and investors kept an eye on developments in the Middle East.
Upcoming Economic Highlights
Here's a brief rundown of today's major economic events:
• US Continuing Jobless Claims - 12:30 GMT
• US Initial Jobless Claims - 12:30 GMT
• Australia's Employment Change - 13:00 GMT
• Eurozone's Eurogroup Meeting - 07:00 GMT
• Japan's Tertiary Industry Index - 04:30 GMT
• Australia's Unemployment Rate - 13:00 GMT
EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024
EBC Markets Briefing | US stocks muted as investors await key earnings
Demand for safe assets lingers
AUD/USD Struggles for Stability: Chances are Slim
USDJPY poised for a bullish trend reversal
Crypto Market Stumbles During Climb
Daily Global Market Update
