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.

Moneta Markets | 285 dias atrás

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

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

Etiquetas: Análise

Thin liquidity and month-end could keep the dollar under pressure

US markets are in a festive mode, dollar is on the back foot; Thin liquidity could exacerbate market moves today; Loonie craves a strong GDP print; euro CPI could surprise on the downside; Tokyo CPI boosts the yen; the BoJ rate hike gains momentum

XM Group | 1 dia atrás

XRP soars, while Ethereum faces selling pressure

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: XRP soars, while Ethereum faces selling pressure

FxPro | 1 dia atrás

EBC Markets Briefing | Aussie muted against Kiwi amid tariff threat

The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.

EBC Financial Group | 1 dia atrás

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 dia atrás