Analys

Markets breathe easier but will it last?

Markets breathe easier but will it last?

Slightly more positive tone in equity markets today. Fear of recession fuels Fed rate cut expectations. Light calendar today, focus on data during Asian session. RBA remains hawkish, considers rate hike
XM Group | 73 dagar sedan
Bitcoin's bear rally?

Bitcoin's bear rally?

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin's bear rally?
FxPro | 73 dagar sedan
NZD/USD Sees Recovery After Hitting Nine-Month Low

NZD/USD Sees Recovery After Hitting Nine-Month Low

The NZD/USD pair has shown signs of recovery, reaching 0.5941 after initially plunging to a nine-month low. This downturn was triggered by concerns over a potential US recession, driven by weak job sector data, which rattled global financial markets.
RoboForex | 73 dagar sedan
Wall Street Dip With Looming U.S. Recession

Wall Street Dip With Looming U.S. Recession

The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020
PU Prime | 73 dagar sedan
Daily Global Market Update

Daily Global Market Update

Gold, Euro, and Pound mixed; Bitcoin plunged. Global markets fell on recession fears, impacting US stocks and Apple. Man Group invested in Bitcoin ETFs. Lucid got a $1.5B cash boost. Economic data and central bank decisions due.
Moneta Markets | 73 dagar sedan
US Dollar Outlook for August 2024

US Dollar Outlook for August 2024

In July, the US dollar faced a downturn against major global currencies. It slipped from 1.0717 to 1.0820 against the euro and tumbled from 160.84 to 150.46 against the yen. The Federal Open Market Committee (FOMC) maintained the federal funds rate steady at 5.25% to 5.50% during its July meeting.
ACY Securities | 73 dagar sedan
Rapid Yen Appreciation: Key Factors Boosting JPY

Rapid Yen Appreciation: Key Factors Boosting JPY

The Japanese yen continues its recovery rally. The USDJPY pair falls to 143.38 on Monday. This development is likely only the midpoint of the process as the market regains past losses and brings the JPY to equilibrium. USDJPY is currently at its lowest level since 3 January.
RoboForex | 74 dagar sedan
Daily Global Market Update

Daily Global Market Update

Oil-dollar pair crashed 3.4%, oversold. Aussie, euro, and dollar-yen pairs traded sideways with positive signals. Oil prices tumbled on weak US jobs data and China woes. Intel's stock plunged 26%. Recession fears grip Wall Street, Fed rate cut expectations rise. Today's economic highlights include Eurozone PPI, US ISM Services, UK retail sales, and Japan data.
Moneta Markets | 74 dagar sedan