Daily Global Market Update

Oil prices tumbled due to weak Chinese demand and Fed rate cut uncertainty. The Australian dollar and euro showed minor upward corrections, while the Japanese yen strengthened against the US dollar. Key economic events like Chinese industrial production, German ZEW sentiment, UK CPI, and US retail sales will influence market trends.

Moneta Markets | Pred 15 dňami

Oil's Significant Drop

The oil-dollar pair plummeted 2.3% in the last trading session. The Ultimate Oscillator indicates a negative signal, suggesting potential bearish momentum.

Australian Dollar's Upward Correction

The AUD/USD pair experienced a minor upward correction, rising by 0.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal, supporting potential bullish sentiment.

Euro's Minor Recovery

The EUR/USD pair gained 0.1% in the last session, making a minor upward correction. The Commodity Channel Index (CCI) signals an oversold market, hinting at a possible rebound.

Dollar-Yen's Sharp Decline

The USD/JPY pair plunged 1.2% in the last session. The Relative Strength Index (RSI) is showing a negative signal, aligning with the bearish movement.

Global Financial Headlines

Oil prices fell over 2% last week due to concerns about weaker Chinese demand and uncertainty over US Federal Reserve interest rate cuts. In corporate news, Tata Electronics is acquiring a majority stake in Pegatron's iPhone plant in India. Meanwhile, Nvidia's upcoming results are set to influence the technology sector, with investors focusing on AI trade following a dramatic two-year rally in the stock.

Upcoming Economic Highlights

Key economic events to monitor include:

• China's Industrial Production - 0600 GMT

• Germany's ZEW Economic Sentiment - 1000 GMT

• UK CPI Inflation Rate - 0700 GMT

• US Retail Sales - 1230 GMT

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

AUDUSD trapped in a bearish formation

AUDUSD struggles below 20-SMA; trend signals are discouraging. AZ Q3 GDP could be a market mover on Wednesday at 00:30 GMT.

XM Group | Pred 7 h 45 min

ATFX Market Outlook 3rd December 2024

ATFX Market Outlook 3rd December 2024 Euro Under Pressure: French Government Crisis Sparks Market Concerns The Nasdaq and S&P 500 closed at record highs on Monday, driven by technology companies. Investors are awaiting economic data this week, particularly the monthly employment report on Friday, since the Federal Reserve usually cuts interest rates again in December.

ATFX | Pred 7 h 47 min

Upbeat U.S. PMI Boost Dollar

The dollar gained yesterday, bolstered by President-elect Trump’s remarks threatening BRICS and upbeat U.S. PMI data, which supported the greenback.

PU Prime | Pred 11 h 4 min

December’s Financial Pulse Policies, Politics, and Market Trends

As the final month of 2024 unfolds, global markets are grappling with a complex interplay of economic policies, geopolitical developments, and market expectations. Central banks are making critical decisions to address slowing growth and disinflation, while political tensions add uncertainty. Here’s an overview of the key dynamics shaping the financial landscape this month.

ACY Securities | Pred 12 h 6 min

Eurozone Inflation and German Consumer Trends

The European Central Bank (ECB) faces a critical decision as inflation pressures shape monetary policy expectations. November's eurozone flash Consumer Price Index (CPI) has all but dismissed the likelihood of a significant 50 basis-point rate cut in December.

ACY Securities | Pred 12 h 12 min

EUR Rebounds After Comments from Isabel Schnabel, will this Rebound Fade Away?

November has been a dynamic month in the FX markets, with notable fluctuations in major currencies influenced by central bank actions, geopolitical developments, and economic data releases. Here's a roundup of the key trends and their implications.

ACY Securities | Pred 12 h 13 min

AUD/USD Stabilises Amid US Dollar Pressures and Domestic Economic Strength

On Monday, the AUD/USD pair remains stable around the 0.6450 mark. After benefiting from the US dollar's weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect Donald Trump.

RoboForex | Pred 1 dňom

Dollar Gain as Trump Warns BRICS

The dollar rallied sharply following the Thanksgiving holiday, with the Dollar Index climbing nearly 0.5% in early Asian trading, holding firmly above the 106 mark. The surge was fueled by comments from U.S. President-elect Donald Trump, who urged BRICS nations to uphold the greenback's dominance while threatening 100% tariffs should they pursue alternative currencies.

PU Prime | Pred 1 dňom

EURUSD	1.05182	GBPUSD	1.26711	AUDUSD	0.64815
USDJPY	149.314	USDCAD	1.40648	USDCHF	0.88526