Daily Global Market Update

Euro-Dollar corrected down 0.2%, Stochastic positive. Dollar-Yen stable, oversold per Williams. Gold unchanged, Stochastic RSI overbought. Tesla stock dropped 2%, CCI overbought. Dollar rebounded on US Q3 growth, global markets uptick. Economic events today: US jobless claims, personal income, Eurozone CPI, Germany and Japan unemployment rates, Japan housing starts.
Moneta Markets | 1074 hari yang lalu

Euro-Dollar's Recent Correction

The Euro-Dollar pair experienced a downward correction in the last session, dropping by 0.2%. The Stochastic indicator is currently signaling a positive outlook.

 

 

Dollar-Yen's Steady Performance

The Dollar-Yen price remained largely stable in the last session. The Williams indicator suggests that we are currently in an oversold market.

 

 

Gold's Unchanged Status

Gold's price against the dollar remained largely unchanged in the last session. The Stochastic RSI indicates an overbought market condition.

 

 

Tesla's Stock Decline

Tesla's stock experienced a significant drop of 2% in the last session. The CCI indicator points to an overbought market.

 

 

Global Financial Headlines

The dollar has rebounded from its 3-month lows, boosted by data showing that the US economy grew faster in the third quarter than initially anticipated. This news has led to a consolidation of positions, following four days of losses. Wall Street and major European stock markets have seen an uptick as traders anticipate potential interest rate cuts by the US Federal Reserve in the coming year. In the Eurozone, economic sentiment has shown a slight increase for the second consecutive month in November, with improvements in the services and retail sectors and among consumers.

 

Today's Major Economic Events

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

• US Initial Jobless Claims - 1330 GMT

• US Personal Income - 1330 GMT

• Eurozone's Harmonized Index of Consumer Prices - 1000 GMT

• Germany's Unemployment Rate - 0855 GMT

• Japan's Unemployment Rate - 2330 GMT

• Japan's Annualized Housing Starts - 0500 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