Daily Global Market Update

The Euro gained 0.2% against the dollar, while the USD/JPY remained stable. Gold rose by 0.8%, despite mixed technical signals. Google stocks increased by 0.3%. Global markets reacted to a weakening dollar, UK economic growth, and rising oil prices.

Moneta Markets | 260 dni temu

Euro Gains Against Dollar

The Euro saw an uptick of 0.2% against the dollar in the last session. The MACD's positive signal aligns with our overall technical analysis.

Stable Yen Against Dollar

The USD/JPY pair remained largely unchanged in the last session. The MACD indicates a negative outlook, suggesting caution.

Gold's Upward Trend

Gold appreciated by 0.8% against the dollar in the recent session. Despite the Stochastic RSI's negative signal, gold's performance contradicts our overall technical analysis.

Google Stocks Continue to Climb

Google's stock experienced a modest increase of 0.3% in the last session. The RSI's positive signal suggests a bullish outlook.

Global Financial Headlines

The dollar weakened following a rise due to hotter-than-expected US inflation data, as investors awaited further economic indicators that might influence Federal Reserve rate cuts. The UK's economy showed signs of growth in January after a brief recession, signaling potential relief for Prime Minister Rishi Sunak. Oil prices have increased due to expected strong global demand, particularly from the US, despite persistent inflation.

Upcoming Economic Highlights

Today's key economic releases include:

• US Retail Sales - 1230 GMT

• US Initial Jobless Claims - 1230 GMT

• UK RICS Housing Price Balance - 0001 GMT

• US Producer Price Index - 1230 GMT

• Spain's Harmonized Index of Consumer Prices - 0800 GMT

• Finland's Consumer Price Index - 0600 GMT

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

Tagi: Analizować USDJPY

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 | 13g 0 minut temu

Japanese Yen Climbs to Five-Week High Due to USD Weakness

The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency's strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December.

RoboForex | 1 dni temu

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | 1 dni temu

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | 1 dni temu

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | 1 dni temu