Daily Global Market Update

The oil-dollar pair rose by 1.2%, while the Aussie dollar remained stable and oversold. The Euro-dollar and Dollar-Yen pairs traded sideways with mixed signals. Nvidia's AI chip struggled in China, Dell's shares hit a record high, and U.S. stocks, led by NASDAQ, gained for a fifth week. Key upcoming economic events include the Eurozone's Eurogroup meeting and German and Japanese indicators.
Moneta Markets | 147 ngày trước

Oil-Dollar Pair's Jump

The oil dollar pair (CL1!) experienced a significant increase of 1.2% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.

 

 

Aussie Dollar Remains Stable

The Aussie Dollar price remained largely unchanged in the last session. The Stochastic RSI indicates that we are currently in an oversold market.

 

 

Euro-Dollar Pair Trades Sideways

The Euro-Dollar pair (EUR/USD) traded sideways in the last session. The Stochastic indicator is signalling a negative outlook.

 

 

Dollar-Yen Pair's Stability

The Dollar-Yen pair (USD/JPY) traded sideways in the last session. The Relative Strength Index (RSI) is giving a positive signal.

 

 

Global Financial Headlines

Nvidia's advanced AI chip developed for the China market has faced a slow start, pricing below a competing product from Chinese tech giant Huawei. Shares of Dell Technologies soared to a record high, buoyed by optimism in generative AI technology. U.S. stocks, particularly the NASDAQ, saw a fifth consecutive week of gains following positive consumer inflation outlooks.

 

Upcoming Economic Highlights

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

• Eurozone's Eurogroup meeting - 0700 GMT• Germany's IFO Business Climate - 0800 GMT• Germany's IFO Current Assessment - 0800 GMT• Germany's IFO Expectations - 0800 GMT• Japan's Coincident Index - 0500 GMT• Japan's Leading Economic Index - 0500 GMT

Cơ quan quản lý: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

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 | 4 ngày trước
EUR/USD Continues Downward Amid Economic Uncertainties

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 | 5 ngày trước
USDJPY faces a pass or fail test

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 | 5 ngày trước
Daily Global Market Update

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 | 6 ngày trước
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year.
RoboForex | 7 ngày trước