Daily Global Market Update

The Euro/Dollar pair saw a slight increase, while the Dollar/Yen remained stable. Gold prices traded sideways, and Google's stock rose. The pound strengthened against the dollar as expectations for US interest rate cuts grew. The S&P 500 and NASDAQ edged up due to a decline in US job data. Gold prices fell slightly.
Moneta Markets | 807 hari yang lalu

Euro/Dollar's Slight Uptick

The Euro/Dollar pair experienced a minor upward correction, gaining 0.2% in the last session. The MACD is giving a positive signal.

 

 

Dollar/Yen's Stability

The Dollar/Yen price remained largely unchanged in the last session. The Stochastic indicator is giving a negative signal.

 

 

Gold's Sideways Movement

The Gold/Dollar pair traded sideways in the last session. The ROC is giving a positive signal.

 

 

Google's Stock Rise

Google shares rose by 0.4% in the last session. The ROC is giving a negative signal.

 

 

Global Financial Headlines

The pound steadied near the one-year high it touched against the dollar the previous day, with the US currency under pressure from rising expectations of Federal Reserve interest rate cuts. The S&P 500 and the NASDAQ edged up as a sharp downward revision in US jobs data for the year ended March 2024 indicated a slowdown in the labour market, propping up hopes the Federal Reserve would cut interest rates this month. Gold prices eased with investors looking forward to the minutes from the US Federal Reserve's latest policy meeting for more cues on interest rate cuts. Spot gold was down 0.2%.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• UK's GfK Consumer Confidence - 2301 GMT

• Belgian Consumer Confidence Index - 0900 GMT

• Eurozone's Consumer Confidence - 1400 GMT

• US Initial Jobless Claims - 1230 GMT

• US Continuing Jobless Claims - 1230 GMT

• Japan's Jibun Bank Manufacturing PMI - 0030 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