Daily Global Market Update

Oil and Aussie Dollar rose with positive indicators; Euro traded steady, Dollar/Yen sideways. Global highlights: Nissan's China EV plans, Chinese entities avoid foreign devices; Wall Street adjusts 2024 rate forecasts. Key releases: US housing data, German Ifo indicators.

Moneta Markets | 311 dni temu

Oil's Upward Trend

Oil marked a gain of 0.3% against the dollar in the last session. The RSI indicator is currently signaling a positive trend.

Aussie Dollar Stability

The Australian Dollar displayed minimal changes in its last session. The MACD is emitting a positive signal, aligning with the broader technical outlook.

Euro's Consistent Course

The Euro/Dollar pair traded without significant change in the last session. The RSI suggests a positive signal, consistent with our overall analysis.

Dollar/Yen Pair's Stable Movement

The Dollar/Yen pair experienced sideways movement in its last session. Contrary to our broader analysis, the Ultimate Oscillator is showing a positive signal.

Global Financial Headlines

Nissan Motor plans to sell China-developed electric vehicles globally, leveraging a new partnership with the country's top university. Meanwhile, various Chinese agencies and state-backed firms are reportedly avoiding Apple iPhones and foreign devices at work. Wall Street is re-evaluating its 2024 interest rate forecasts, expecting potential rate cuts following a dovish shift from the Federal Reserve.

Upcoming Economic Highlights

Key economic releases to watch out for include:

• US NAHB Housing Market Index - 1500 GMT

• US 3-Month Bill Auction - 1630 GMT

• US 6-Month Bill Auction - 1630 GMT

• Germany's Ifo Business Climate - 0900 GMT

• Germany's Ifo Current Assessment - 0900 GMT

• Germany's Ifo Expectations - 0900 GMT

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

Tagi: Analizować

Weak PMIs Failed to Dampen GBPUSD

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Weak PMIs Failed to Dampen GBPUSD

FxPro | 13g 28 minut temu

Eurozone PMI Temporarily Helps the Euro but Is Unlikely to Change the Trend

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Eurozone PMI Temporarily Helps the Euro but Is Unlikely to Change the Trend

FxPro | 13g 30 minut temu

EBC Markets Briefing | Loonie closer to key support on easing policy

The Canadian dollar rebounded from an 11-week low on Thursday after the BOC cut rates significantly, while the greenback extended its gains.

EBC Financial Group | 16g 32 minut temu

Stocks under pressure amid US election jitters, dollar extends gains

Reduced Fed rate cut bets and growing odds of a Trump win push up yields. Wall Street slips; gold also takes a hit, but only temporarily. Dollar climbs to 3-month high, yen and euro struggle.

XM Group | 18g 59 minut temu

Technical Analysis – GBPJPY at 3-Month High

GBPJPY marks new higher high; remains restricted. Resistance near 198.50; support seen around 196.00.

XM Group | 19g 39 minut temu

Has Bitcoin Completed a Correction?

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Has Bitcoin Completed a Correction?

FxPro | 20g 4 minut temu

EUR/USD Dips to Three-Month Low Amid Strong Dollar Demand

The major currency pair fell to 1.0789 by Thursday. This is almost a three-month low. Demand for the US currency is fuelled by expectations of an orderly and negative interest rate cut by the US Federal Reserve, as well as strong forecasts for a second Donald Trump presidency.

RoboForex | 21g 31 minut temu

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 | 22g 6 minut temu

EURUSD	1.08213	GBPUSD	1.29623	AUDUSD	0.6621
USDJPY	151.65	USDCAD	1.38547	USDCHF	0.86563