Daily Global Market Update

Euro down 0.2%, Dollar up 0.2% vs. Yen, Gold up 0.3%. Nike stock -1%. USD stronger on economic concerns. Mixed global stocks. ECB to hold rates. Upcoming: Australia export/import prices, US GDP, Spain unemployment, Japan CPI, US durable goods.
Moneta Markets | 1109 hari yang lalu

Euro's Subtle Fluctuations

The Euro experienced a minor dip of 0.2% against the dollar in its recent trading session. The stochastic indicator alludes to a negative trajectory, aligning well with our comprehensive technical analysis.

 

 

Dollar's Modest Ascent against Yen

The dollar saw a slight increment of 0.2% versus the yen in the preceding session. The stochastic RSI reveals an overbought market state.

 

 

Gold's Steady Ascendancy

The gold-dollar pairing appreciated by 0.3% in the last trading bout. The MACD extends a positive intimation.

 

 

Nike's Recent Performance

Nike's stock witnessed a decline of 1% in the previous trading session. The stochastic RSI conveys a negative signal.

 

 

World Financial News Highlights

The US dollar touched a near one-week zenith against a consortium of currencies. This transpired as the allure for riskier currencies waned. Such a retreat came in the wake of uninspiring corporate outcomes sparking apprehensions regarding the global economic forecast and rising treasury yields. Additionally, global shares showed mixed responses. While indices in Paris, Frankfurt, Sydney, and Seoul took a hit, those in London, Tokyo, and Hong Kong registered gains. The European Central Bank, convening this week in Athens, is anticipated to retain its interest rates. Despite the receding inflationary pressures and a gloomier economic panorama for the Eurozone, the ECB projects prolonged high rates.

 

Upcoming Economic Events

Anticipated key economic revelations for today include:

• Australia's Export Price Index - 00:30 hours GMT

• Australia's Import Price Index - 00:30 hours GMT

• US Gross Domestic Product (Annualised) - 12:30 hours GMT

• Spain's Unemployment Survey - 07:00 hours GMT

• Japan's Tokyo Consumer Price Index (CPI) - 23:30 hours GMT

• US Durable Goods Orders - 12:30 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