Daily Global Market Update

The pound-dollar pair rose slightly, Bitcoin surged, oil gained, and the Australian dollar strengthened. Digital Currency Group saw a revenue surge, the Bank of England hinted at a rate cut, and oil prices rose. Economic highlights today include releases from the UK, Austria, the US, Japan, and Italy.

Moneta Markets | 202 dias atrás

Pound-Dollar Pair's Upward Correction

The pound-dollar pair experienced a minor upwards correction in the last session, gaining 0.2%. The ROC (Rate of Change) is indicating a positive signal.

Bitcoin-Dollar Pair's Surge

The Bitcoin-dollar pair surged by 2.4% in the last session. The MACD (Moving Average Convergence Divergence) is giving a positive signal.

Oil's Gain Against the Dollar

Oil gained by 0.3% against the dollar in the last session. The Stochastic RSI is indicating a positive signal.

Australian Dollar's Gain

The Aussie gained by 0.6% against the dollar in the last session. The ROC is giving a positive signal.

Global Financial Headlines

Digital Currency Group witnessed a surge in revenue in the first quarter of 2024, driven by the recovery of crypto markets. The crypto conglomerate's revenue jumped 51% year-over-year to $229 million. The Bank of England took another step towards lowering interest rates, with Governor Andrew Bailey expressing optimism about the direction of the economy. The BoE's Monetary Policy Committee voted 7 to 2 to maintain rates at a 16-year high of 5.25%. Oil prices reached a one-week high, supported by data from China and the US indicating potential demand growth in the world's top two crude-consuming nations.

Upcoming Economic Highlights

Here's a glimpse of today's major economic events:

• UK's Industrial Production - 0600 GMT

• Austria's Industrial Production - 0700 GMT

• US Michigan Consumer Sentiment Index - 1400 GMT

• Japan's EC Watchers Survey Current - 0500 GMT

• Italy's Industrial Sales - 1000 GMT

• UK's Gross Domestic Product - 0600 GMT

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

Etiquetas: Análise

EBC Markets Briefing | Oil prices meander on OPEC’s efforts

Oil prices steadied Thursday, supported by a US crude stock draw, after falling nearly 3% on ceasefire talks between Israel and Hezbollah.

EBC Financial Group | 1 h 41 min atrás

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks

XM Group | 3 h 14 min atrás

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 | 4 h 0 min atrás

EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | 5 h 20 min atrás

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 | 7 h 43 min atrás

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 | 8 h 17 min atrás

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 | 9 h 33 min atrás

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | 9 h 34 min atrás

EURUSD	1.05356	GBPUSD	1.26637	AUDUSD	0.64988
USDJPY	151.621	USDCAD	1.4009	USDCHF	0.88353