Daily Global Market Update

Euro Dollar rises 0.4%, Dollar falls 0.4% against Yen, Gold gains 0.9%, Google shares drop 1.3%. Global economy shows mixed signals. Key releases: Australia's Trade Balance, Germany's Factory Orders, US Initial Jobless Claims, US Unit Labor Costs, Australia's Imports, Finland's Trade Balance.
Moneta Markets | 975 hari yang lalu

Euro Dollar's Positive Movement

The Euro Dollar pair increased by 0.4% in the last session. The Ultimate Oscillator's positive signal aligns with our overall technical analysis.

 

 

Dollar's Decline Against the Yen

The Dollar fell by 0.4% against the Yen in the last session. The Stochastic RSI indicates that we are currently in an oversold market.

 

 

Gold's Gain Against the Dollar

Gold increased by 0.9% against the dollar in the last trading session. The Stochastic RSI suggests we are in an overbought market.

 

 

Google Shares Take a Dip

Google's shares fell by 1.3% in the last session. The MACD is giving a negative signal, in agreement with our technical analysis.

 

 

Global Financial Headlines

The US dollar softened slightly as traders awaited the first leg of congressional testimony from Federal Reserve Chair Jerome Powell and the European Central Bank's policy announcement. US economic activity saw an uptick through January and February, though inflation and the jobs market sent mixed signals about the speed at which they will cool. This presents a complex scenario for central bankers as they aim to fully address inflation concerns. European shares remained subdued, anticipating key Eurozone economic data and testimony from Jerome Powell, although positive earnings helped mitigate losses on the index.

 

Upcoming Economic Highlights

Today's key economic releases include:

• Australia's Trade Balance - 0030 GMT

• Germany's Factory Orders - 0700 GMT

• US Initial Jobless Claims - 1330 GMT

• US Unit Labor Costs - 1330 GMT

• Australia's Imports - 0030 GMT

• Finland's Trade Balance - 0700 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 | 1 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 | 1 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 | 1 hari yang lalu