Daily Global Market Update

Euro rose 0.1% against the Dollar; Dollar gained 0.3% on Yen. Gold fell 0.9% vs. Dollar. Apple's stock increased by 0.3%. Dollar strengthened, US stocks rose, German economy expected to shrink by 0.4% in 2023. Upcoming: Japan's Eco Watchers Survey, Irish CPI, US Jobless Claims, Eurozone's ECOFIN Meeting, UK's RICS Housing Price Balance.
Moneta Markets | 1095 hari yang lalu

Euro's Slight Uptick

The Euro-Dollar pair observed a modest upward correction, increasing by 0.1% in the latest session. The Stochastic indicator is currently signaling a positive trend.

 

 

Dollar's Gain Against Yen

The Dollar saw a 0.3% rise against the Yen in the last trading session. The Rate of Change (ROC) indicator is offering a positive signal.

 

 

Gold's Recent Downturn

Gold recorded a decline of 0.9% against the dollar in its last session. The MACD indicator is presenting a negative outlook.

 

 

Apple's Stock Movement

Apple shares experienced a slight uptick, rising by 0.3% in the latest session. The Stochastic indicator is pointing towards an overbought market.

 

 

Global Financial News

The dollar has strengthened for the third consecutive day, buoyed by increasing confidence that the Federal Reserve might cease its interest rate hikes. In the stock market, US indices like the S&P 500 and NASDAQ saw gains, marking their longest streak in two years, partly due to the pullback in US Treasury yields and awaiting further guidance on interest rates from the Federal Reserve. Meanwhile, Germany's economy is projected to shrink by 0.4% in 2023, as per the report from the German Council of Economic Experts, aligning with the government's forecast.

 

Upcoming Economic Events

Here's a brief overview of today's key economic releases:

• Japan's Eco Watchers Survey Outlook - 0500 hours GMT

• Irish Consumer Price Index - 1100 hours GMT

• Japan's Eco Watchers Survey Current - 0500 hours GMT

• US Initial Jobless Claims - 1330 hours GMT

• Eurozone's ECOFIN Meeting - 0700 hours GMT

• UK's RICS Housing Price Balance - 0001 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