Daily Global Market Update
Euro's Rise Against the Dollar
The euro-dollar pair experienced a gain of 0.4% in the last session. The MACD is providing a positive signal.
Dollar-Yen Pair's Decline
The dollar-yen pair plummeted by 1.9% in the last session. The CCI is indicating a negative outlook.
Gold's Surge Against the Dollar
The gold-dollar pair skyrocketed by 1.2% in the last session. The stochastic RSI is providing a positive signal.
Google's Sideways Movement
Google's stock traded sideways in the last session. The ROC is indicating a negative outlook.
Latest Updates in World Financial News
The Bank of Canada is nearing the possibility of cutting interest rates from their current 23-year highs, according to Governor Tiff mclm. US stocks closed mixed after the Federal Reserve kept its key interest rate unchanged, signaling a potential rate cut in the future. Federal Reserve Chairman Jerome Powell assured that political considerations around the upcoming presidential election would not influence the central bank's current interest rate decisions.
Today's Most Important Economic Events
Here are today's key economic releases:
• Japan's Consumer Confidence Index - 0500 GMT
• Australia's Trade Balance - 0130 GMT
• US Unit Labor Costs - 1230 GMT
• Spain's Unemployment Change - 0700 GMT
• US Initial Jobless Claims - 1230 GMT
• Austria's Unemployment Rate - 0700 GMT
Inflation in the US will not make the Fed's rate cut in September comfortable
Gold approached the upper limit of the 4-month trading range
Dollar extends slide ahead of PCE inflation data
September Market Insights: How Volatility, Institutional Flows, and Global Trends Shape Fall Trading
While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat
August was the best month for gold since April
EBC Markets Briefing | Aussie dollar stalls on US GDP beat
