EBC Daily Snapshot Jun 7, 2024
The dollar hovered near an 8-week low Friday, awaiting a key US jobs report for Fed policy clues. Markets expect a 50 bps cut by year-end.
EBC Financial Group
|
817 days ago
EBC Financial Group
4.7
15 ulasan
Type: STP, ECN
Regulation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
read more
The Great Gold Reallocation: Central Banks Rethink Reserve Security 💥
Central banks are reconsidering where their gold is held as geopolitical and jurisdictional risks reshape reserve management. Europe’s shifting custody strategy highlights a broader move towards greater control and diversification. For investors, the trend strengthens gold’s long-term role as a sovereign asset independent of conventional credit and payment systems.
Headway
|
16h 59min ago
The dollar has staked its fate on the NFP
The dollar awaits NFP: USD weakness is being exacerbated by the yen’s rise, the US trade deficit, and falling yields. The market is bracing for volatility.
FxPro
|
19h 23min ago
Weekly Analysis: Markets Find Support in Employment Data as Gold Rebounds and Oil Stays Elevated
US bond yields surged to multi-year highs, with the 10Y reaching 4.82% and 2Y 4.41%, before easing after softer labor data and dovish Fed commentary.
STARTRADER
|
19h 57min ago
Futures Move First: What the Market’s First Hour Really Tells Traders
Index futures provide the first market reaction after major US data releases, but the opening move can often be misleading without reading yields and broader market signals.
VT Markets
|
20h 23min ago
Snowflake Tests AI Rally Strength After Earnings Surge
Strong earnings and improved AI sentiment lifted Snowflake shares, but traders are now watching whether the breakout can hold.
VT Markets
|
20h 47min ago
Bitcoin Holds Above $81,000 as NFP Data Sets the Next Direction
The recent recovery faces a key test as traders assess the impact of economic data, interest-rate expectations and broader risk sentiment.
VT Markets
|
21h 8min ago
Dovish Fed bets pummel dollar, boost gold ahead of NFP
Dollar sinks as Fed’s Waller backs September hold. Stocks, cryptos and gold rally as bond yields retreat from highs. Oil prices stay elevated amid lack of diplomacy in Middle East. All eyes now on the August jobs report.
XM Group
|
21h 37min ago
The crypto market is testing May’s highs
The crypto market is testing its May highs following Bitcoin’s rally to $82K, but profit-taking is holding back gains.
FxPro
|
22h 3min ago
