Daily Global Market Update

Oil surged 2.2%, Aussie dollar gained 0.1%, euro held steady, and dollar-yen trended sideways. Fed rate cut expectations shifted to June. Honda's profits rose 34%. Upcoming economic releases include UK's CFTC GBNC Net Positions, Portuguese CPI, Germany's Current Account, US 3-Month Bill Auction, UK's Rightmove House Price Index, and Japan's CFTC JPY NC Net Positions.

Moneta Markets | 345 hari yang lalu

Oil's Remarkable Surge

In the last trading session, the oil-dollar pair experienced a significant surge of 2.2%. The Williams indicator is currently pointing to an oversold market, suggesting potential adjustments ahead.

Australian Dollar's Modest Gain

The Aussie dollar saw a slight increase of 0.1% against its American counterpart in the last session. The MACD indicator is showing a negative signal, aligning with the broader technical analysis.

Euro's Steady Movement

The euro-dollar pair traded without significant changes in the last session. The Ultimate Oscillator is generating a positive signal, indicating potential upward momentum.

Dollar-Yen's Sideways Trend

The dollar-yen pair exhibited a sideways trend in its last trading session. The Stochastic RSI is giving a positive signal, hinting at potential bullish trends.

Global Financial Headlines

Futures traders have adjusted their expectations for the Federal Reserve's first interest rate cut, now anticipating it in June of next year. This change follows remarks from Fed Chair Jerome Powell expressing uncertainty about the sufficiency of current rate levels. In other news, Honda's profits soared 34% from July to September, buoyed by a weak Yen and strong demand, particularly in the US. The company's quarterly profit rose to $1.7 billion, with a 17.7% increase in sales.

Upcoming Economic Highlights

Here's a glimpse at today's key economic releases:

• UK's CFTC GBNC Net Positions - 2030 GMT

• Portuguese Consumer Price Index - 1100 hours GMT

• Germany's Current Account - 1345 GMT

• US 3-Month Bill Auction - 1630 GMT

• UK's Rightmove House Price Index - 0001 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)

Teg: Analisis

Heighten Geopolitical Tension Hit on Wall Street

Wall Street was hit hard by the escalating geopolitical tensions in the Middle East, with Israel and Hezbollah exchanging heavy fire.

PU Prime | 11 minit yang lalu

Daily Global Market Update

EUR/USD declined slightly, USD/JPY strengthened, gold dropped sharply, Amazon shares fell, USD/CAD weakened due to a Bank of Canada rate cut, Wall Street declined due to rising yields and skepticism about Fed rate cuts, corporate news affected McDonald's and Coca-Cola, and US existing home sales hit a 14-year low.

Moneta Markets | 36 minit yang lalu

Loonie Stops Falling in Anticipation of the Rate Decision

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Loonie Stops Falling in Anticipation of the Rate Decision

FxPro | 16j 37min yang lalu

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | 20j 41min yang lalu

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | 21j 6min yang lalu

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | 21j 46min yang lalu

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 1 hari yang lalu

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 1 hari yang lalu

EURUSD	1.07885	GBPUSD	1.29292	AUDUSD	0.66479
USDJPY	152.199	USDCAD	1.38253	USDCHF	0.86609