Daily Global Market Update

Oil prices held steady, AUD/USD and EUR/USD pairs traded flat, USD/JPY stalled, US stocks surged on tech earnings. Upcoming economic events include US Dallas Fed Manufacturing and Eurozone Business Climate reports.

Oil Prices Remain Stable

The price of oil saw little change in the last session. The stochastic RSI is indicating a positive signal.

 

 

AUD/USD Pair Trades Sideways

The AUD/USD pair showed little movement in the last session. The ROC is giving a mixed signal.

 

 

EUR/USD Price Stability

The euro-dollar price remained largely unchanged in the last session. The CCI is giving a positive signal.

 

 

USD/JPY Stalls

The dollar-yen price remained largely unchanged in the last session. The Williams indicator suggests an overbought market.

 

 

US Stocks Rally on Tech Earnings

US stocks ended the week strong, buoyed by a rally in mega-cap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft. Alphabet breached the $2 trillion market value mark for the first time since November 2021, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback. Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Amazon is set to report on Tuesday, and Apple on Thursday.

 

Upcoming Economic Events

Here are today's major economic events:

• US Dallas Fed Manufacturing Business Index - 1430 GMT

• US 3-Month Bill Auction - 1530 GMT

• Eurozone Business Climate - 0900 GMT

• Finland's Consumer Confidence - 0500 GMT

• Japan's Unemployment Rate - 2330 GMT

• Japan's Large Retailer Sales - 2350 GMT

Moneta Markets
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EUR/USD Holds Its Rising Channel as 1.1641 Breakout Awaits ECB and U.S. CPI

EUR/USD Holds Its Rising Channel as 1.1641 Breakout Awaits ECB and U.S. CPI

EUR/USD is trading around 1.1626 inside a rising 4-hour channel that has developed from the September swing low near 1.1584. Price remains above the rising 200-period WMA near 1.1597 and has recovered above the Bollinger basis, preserving the short-term sequence of higher reaction lows. The setup is constructive, but not yet impulsive.
Errante | 3h 9min ago
Gold, EURUSD, OIL

Gold, EURUSD, OIL

US CPI data Set to Dictate Gold’s direction; ECB rate decision and EURUSD: Policy guidance in focus; Middle East conflict elevate WTI Crude oil
XM Group | 4h 51min ago
US Payrolls Hit 5-Month High as Markets Await CPI This Week.

US Payrolls Hit 5-Month High as Markets Await CPI This Week.

U.S. and Canadian markets are closed for the holidays. With investors digesting nonfarm data and Middle East tensions high, traders should watch for unusual price swings amid low liquidity. Eurozone Q2 GDP is expected to be 0.4%, which could affect Thursday’s ECB meeting.
ATFX | 7h 11min ago
The dollar is in no hurry to gain ground

The dollar is in no hurry to gain ground

A blowout NFP of 162K failed to lift the dollar as markets held Fed hike bets at 60% and awaited August inflation data. Japan's likely Treasury selling added pressure on yields, while gold weakened as rising real rates undermined the debasement trade.
FxPro | 8h 8min ago
Dollar Strength Meets Geopolitical Risk | 7th September, 2026

Dollar Strength Meets Geopolitical Risk | 7th September, 2026

Global markets face renewed volatility as strong U.S. jobs data boosts Fed rate-hike expectations, pressuring gold while supporting the dollar. Oil climbs near $90 amid escalating U.S.-Iran tensions, while yen strength reflects BoJ tightening bets. Traders now await U.S. inflation data for the next major market direction.
Moneta Markets | 8h 22min ago