Daily Global Market Update

Oil prices surged 1.2%, boosted by positive economic data, potential Fed rate cuts, and Middle East tensions. The AUD/USD pair declined slightly, while EUR/USD remained stable. USD/JPY traded sideways. Global markets are volatile due to inflation data, earnings, and elections.

Moneta Markets | 67 dagar sedan

Oil's Significant Rise

The oil-dollar pair experienced a substantial increase of 1.2% in the last session. The Stochastic indicator is signalling a positive outlook.

AUD/USD Pair's Slight Decline

The AUD/USD pair corrected downwards by 0.1% in the last session. The ROC (Rate of Change) indicator is giving a positive signal.

EUR/USD Pair's Stability

The EUR/USD price remained largely unchanged in the last session. The Ultimate Oscillator is giving a positive signal.

USD/JPY Pair's Sideways Movement

The USD/JPY pair traded sideways in the last session. The MACD is giving a negative signal.

Global Financial Headlines

Oil prices settled higher on Friday, notching over 3% in weekly gains. Positive economic data and signals from Fed policymakers about potential interest rate cuts as early as September eased demand concerns. Meanwhile, fears of a widening Middle East conflict continue to raise supply risks. Stellantis, Chrysler's parent company, is laying off up to 2,450 factory workers from its Warren truck assembly plant outside Detroit as it ends production of the Ram 1500 classic truck. A week of wild market swings has investors looking ahead to inflation data, corporate earnings, and presidential polls for signals that could soothe the recent outbreak of turbulence in US stocks. US stock volatility has surged this month as alarming data coincided with the unwinding of a massive Yen-fueled carry trade, dealing equities their worst sell-off of the year.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US 6-month Bill Auction - 1530 GMT

• Portuguese Consumer Price Index - 1010 GMT

• Germany's Wholesale Price Index - 0600 GMT

• Finland's Current Account - 0500 GMT

• Japan's Producer Price Index - 2350 GMT

• US 3-month Bill Auction - 1530 GMT

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

Monetary Policy and Economic Developments in Japan and the U.S.

In early October, the Bank of Japan (BOJ) held a regional meeting that highlighted positive trends in consumer spending, driven in part by wage growth, especially among younger demographics.

ACY Securities | 3h 50minuter sedan

AUD/USD Rises Following Strong Australian Employment Data

AUD/USD rebounded on Thursday after three consecutive days of declines. This was supported by robust employment data from Australia, which bolstered the hawkish outlook on the Reserve Bank of Australia's (RBA) monetary policy.

RoboForex | 23h 33minuter sedan

Daily Global Market Update

Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index,

Moneta Markets | 1 dag sedan

Dow Jones Set New High on Earnings Optimism

The Dow Jones continues its upward momentum, reaching a new all-time high as the market enters the 3rd quarter earnings season. Strong performances from mega-cap banks

PU Prime | 1 dag sedan

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.

RoboForex | 1 dag sedan

USDJPY faces a pass or fail test

USDJPY extends consolidation around August’s bar. Technical signals weaken, cannot warrant a bullish trend reversal. US retail sales, jobless claims due on Thursday at 12:30 GMT

XM Group | 2 dagar sedan

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.

Moneta Markets | 2 dagar sedan

Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.

Moneta Markets | 3 dagar sedan

EURUSD	1.08399	GBPUSD	1.3047	AUDUSD	0.67146
USDJPY	149.966	USDCAD	1.37923	USDCHF	0.86662