Daily Global Market Update

Euro Dollar stable, conflicting signals from ROC. Dollar Yen steady, MACD conflicts with broader analysis. Gold up 0.2%, positive MACD. Nike shares rose 0.2%, positive Ultimate Oscillator. Dollar rose, awaiting Fed's inflation measure. Wall Street down, tech stocks lead. US growth revised to 3.2%.
Moneta Markets | 274 dias atrás

Euro Dollar's Stable Stance

The Euro Dollar pair showed no significant change in the last session. The ROC's negative signal presents a contradiction to our overall technical outlook.

 

 

Dollar Yen's Consistent Level

The Dollar Yen pair remained stable in the last session. The MACD's negative signal clashes with our broader technical analysis.

 

 

Gold's Minor Upward Correction

The Gold Dollar pair adjusted slightly upwards in the last session, with a 0.2% gain. The MACD indicates a positive signal.

 

 

Nike Shares' Slight Increase

Nike shares experienced a minor rise of 0.2% in the last session. The Ultimate Oscillator is emitting a positive signal.

 

 

Financial Market Overview

The dollar edged up as traders overlooked US manufactured goods data, awaiting the Federal Reserve's preferred inflation measure for hints on rate cuts. Wall Street saw a decline, with tech stocks leading the downturn. The US economy's growth was slightly revised down to a 3.2% annual pace in the last quarter, driven by robust consumer spending.

 

Today's Major Economic Events

Today's significant economic announcements include:

• Germany's Unemployment Rate - 0855 hours GMT

• US Personal Spending - 1330 hours GMT

• US Initial Jobless Claims - 1330 hours GMT

• Japan's Annualized Housing Starts - 0500 hours GMT

• Japan's Unemployment Rate - 2330 hours GMT

• French Consumer Price Index - 0745 GMT

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