Daily Global Market Update

Euro up 0.1%, bullish sentiment. Dollar gains 0.3% vs. yen, gold up 0.7%. Amazon up 1.5%, overbought. Global updates: Canadian dollar dips, uncertainty over Hamas-Israel impact. Resilience against shocks, DAX and FTSE 100 rise, CAC 40 faces challenges. Key events: Japan investments, UK GDP, Portugal CPI, Australia inflation.
Moneta Markets | 1123 hari yang lalu

Euro Dollar's Upward Correction

The euro dollar pairing witnessed a slight uptrend in the recent session, marking a 0.1% appreciation. According to the Ultimate Oscillator, the market exhibits a bullish sentiment.

 

 

Dollar's Strength Against the Yen

The dollar registered a 0.3% increase against the yen during its last session. The Rate of Change (ROC) is indicating a bullish momentum.

 

 

Gold's Positive Rally

Gold enjoyed a boost of 0.7% against the dollar in the preceding trading session. The Commodity Channel Index (CCI) suggests a bullish environment.

 

 

Amazon's Overbought Market

Amazon's shares soared by 1.5% in the previous session. However, the Stochastic RSI signals an overbought market situation.

 

 

Global Financial Updates

The Canadian dollar slightly depreciated against its US counterpart, affected by declining oil prices and anticipation surrounding a critical US inflation report. The IMF's chief economist expressed that the ramifications of the clash between Hamas and Israel on the global economy are yet uncertain. The global market, however, has displayed resilience against other shocks, like the COVID-19 pandemic and the Russian-Ukrainian conflict. In Europe, the DAX and FTSE 100 indices are trying to ascend, whereas the CAC 40 is facing challenges, primarily due to the luxury sector's performance following a profit warning from LVMH.

 

Today's Key Economic Events

Here's a summary of today’s significant economic releases:

• Japan's foreign investment in Japanese stocks - 2350 GMT

• Japan's foreign bond investment - 2350 GMT

• UK's Gross Domestic Product - 0600 hours GMT

• UK's Industrial Production data - 0600 hours GMT

• Portugal's Consumer Price Index - 0100 GMT

• Australia's consumer inflation expectations - 0000 hours GMT

Moneta Markets
Tipe: STP, ECN
Regulasi: FCA (UK), FSA (Seychelles), FSCA (South Africa)
baca selengkapnya
Stocks sink amid AI wipeout, dollar shines ahead of NFP

Stocks sink amid AI wipeout, dollar shines ahead of NFP

Nasdaq leads equity losses as AI outlook dims on fears of datacentre revolt. AI rout deepens in Asia but US futures point to some easing in selloff. Gold’s rebound hits a wall as traders turn to the safety of US dollar. Attention to turn to NFP report as December rate hike bets fade.
XM Group | 2 hari yang lalu
The dollar saves the day

The dollar saves the day

The dollar rebounds as the AI-driven S&P 500 sell-off boosts safe-haven demand, while the BoE’s first hike since 2023 fails to support the pound.
FxPro | 2 hari yang lalu
Tech Stocks Lead US Selloff Ahead of Payrolls

Tech Stocks Lead US Selloff Ahead of Payrolls

AI-related shares led the worst US equity session since 2020 as investors feared tighter oversight of AI and data-center buildout following the midterm results; Truist called it a “buyers’ strike in tech.” The selloff is spreading beyond Wall Street: Korean chipmakers fell about 10% before the open, the Kospi dropped below 5,000, CoreWeave’s five-year credit default swap widened to a record
ATFX | 2 hari yang lalu