Daily Global Market Update

Markets: Oil-dollar, Aussie dollar, Euro-dollar, and dollar-yen sideways. Global: Saudi Aramco on China demand, Rivian's stock surge, Asian stocks high. Upcoming: US Bill auctions, Finland's account, Eurogroup meeting, Japan's Tool Orders, and Producer Price Index.

Moneta Markets | 225 dagar sedan

Oil Dollar Pair's Sideways Movement

The oil-dollar pair traded sideways in the last session. The Commodity Channel Index (CCI) is delivering a negative signal.

Aussie Dollar's Steady State

The Aussie dollar pair traded sideways in the last session. The Williams %R indicator's negative signal contradicts our overall technical analysis.

Euro Dollar's Stability

The Euro-dollar price remained largely unchanged in the last session. The MACD is issuing a positive signal, aligning with our overall technical analysis.

Dollar Yen's Sideways Trade

The dollar-Yen pair traded sideways in the last session. The MACD is providing a negative signal.

Global Financial Headlines

Saudi Aramco's CEO, Amin Nasser, discussed the robust and growing demand for oil in China, coinciding with the company's profit results announcement. Rivian's shares surged following high demand for its R2 SUV, signaling potential growth in the mass market. Asian stocks reached a seven-month high, buoyed by anticipation of an interest rate easing cycle from major central banks, putting pressure on the dollar and treasury yields.

Upcoming Economic Highlights

Today's significant economic events:

• US 6-month and 3-month Bill auctions - 1530 GMT

• Finland's current account - 0600 GMT

• Eurozone's Eurogroup meeting - 0700 GMT

• Japan's Machine Tool Orders - 0600 GMT

• Producer Price Index 2350 - GMT

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

Taggar: Analys

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | 1h 43minuter sedan

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | 2h 8minuter sedan

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | 2h 48minuter sedan

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 5h 36minuter sedan

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 5h 57minuter sedan

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | 6h 12minuter sedan

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | 6h 13minuter sedan

EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024

A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.

EBC Financial Group | 22h 51minuter sedan

EURUSD	1.07774	GBPUSD	1.29695	AUDUSD	0.66446
USDJPY	152.891	USDCAD	1.38324	USDCHF	0.86703