Daily Global Market Update

The Euro/USD pair experienced a small decline, while the USD/JPY pair saw a significant increase. Gold traded sideways, and Apple stock rose slightly. The dollar reached a 3-week high against the Euro following the ADP National Employment Report. Markets remain cautious amid geopolitical tensions in the Middle East.
Moneta Markets | 765 hari yang lalu

Euro's Minor Dip Against the Dollar

The EUR/USD pair experienced a slight decline of 0.1% in the last trading session. The Stochastic RSI indicates that the market is currently oversold.

 

 

Dollar Yen's Significant Surge

The USD/JPY pair saw a substantial increase of 1.8% in the last session. The Stochastic RSI suggests that the market is currently overbought.

 

 

Gold's Sideways Movement

The Gold/USD pair traded sideways in the last session. The Williams Percent Range indicator suggests that the market is currently overbought.

 

 

Apple Stock's Slight Increase

Apple stock experienced a minor rise of 0.3% in the last session. The Stochastic RSI is currently giving a negative signal.

 

 

Global Financial Headlines

The dollar reached a 3-week high against the Euro following the ADP National Employment Report, which showed US private payrolls increased more than expected in September. This comes ahead of Friday's highly anticipated jobs data. The S&P 500 and NASDAQ edged higher but remained near two-week lows as investors monitored potential escalations in geopolitical tensions in the Middle East. A recent survey has alleviated concerns about a rapid cooldown in the US labour market. Markets remain cautious as Israel and the US vowed to retaliate after Iran's attack on Israel. The attack has renewed interest in safe-haven assets, and oil prices have surged. However, with uncertainty surrounding the evolving situation in the Middle East, investors are proceeding cautiously, questioning whether Iran's strike marks an escalation or is more of a one-off response to Israel.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US ISM Services PMI - 14:00 GMT

• Australia's Exports - 01:30 GMT

• Japan's 10-year Bond Auction - 03:35 GMT

• Eurozone's Producer Price Index - 09:00 GMT

• French 10-year Bond Auction - 09:00 GMT

• Australia's Trade Balance - 01:30 GMT

Moneta Markets
Tipe: STP, ECN
Regulasi: FCA (UK), FSA (Seychelles), FSCA (South Africa)
baca selengkapnya
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
The euro has spread its wings

The euro has spread its wings

The euro is rising as oil and the dollar fall: eurozone inflation at 4% raises the odds of an ECB rate hike, while a cooling US economy gives the Fed a reason not to rush.
FxPro | 2 hari yang lalu