EBC Daily Snapshot Jun 4, 2024
The dollar hit a low against the euro and sterling on Tuesday as softening US economy signals raised chances of earlier Fed rate cuts.
EBC Financial Group
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827 days ago
EBC Financial Group
4.7
15 ulasan
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Bitcoin has formed a ‘golden cross’, but the crypto market is currently trading sideways. Historical data points to strong bullish potential, although growth may take time.
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US Inflation Data and Elevated Asset Valuations — Nasdaq, S&P 500 and Gold
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VT Markets
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3h 22min ago
Dollar slips, yen surges as Middle East tensions escalate
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XM Group
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3h 36min ago
Oil Surge Pressures US Stocks as Markets Await Inflation Data
🛢️ Iran targets US Navy vessels, US strikes Iranian tankers near Kharg Island — Brent approaches $100 at $99.05, WTI at $94.04. Oil +8% in September. Dow drops 628 points. Goldman raises December Brent forecast to $85. JPY strengthens on BoJ hike bets. ADP and Lagarde speech due today.
CPT Markets
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3h 38min ago
S&P 500 Stabilises Near 7,700 as Oil Prices Keep Inflation Risks in Focus
US equities attempt to recover after recent losses, but rising energy prices, geopolitical uncertainty and Federal Reserve rate expectations remain key factors shaping the market outlook.
VT Markets
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3h 45min ago
The euro is banking on the ECB
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FxPro
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3h 51min ago
US Diesel Prices Hit Record $5.85: Why the Fuel Shock Could Keep Inflation High
US diesel has hit a record $5.85 per gallon, up over 55% since the Iran war began. Unlike a simple pump-price spike, diesel powers trucking, agriculture and logistics — meaning sustained high prices risk feeding second-round inflation effects and complicating the Fed's path back to its 2% target.
ActivTrades
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4h 15min ago
