Daily Global Market Update

Oil surged 2.9%, showing upward momentum with a positive MACD signal. The Australian Dollar weakened 0.9%, with a bearish Stochastic Indicator. The Euro declined 0.5% against the Dollar, driven by a negative MACD. The Dollar-Yen pair fell 0.2%, indicated by a negative ROC.

Moneta Markets | Pred 239 dňami

Oil's Significant Surge

The Oil-Dollar pair surged by 2.9% in the last trading session, marking a strong performance. The MACD is signalling a positive trend, indicating potential for continued upward momentum.

Australian Dollar Weakens

The Australian Dollar fell 0.9% against the US Dollar in the last session. The Stochastic Indicator is signalling a negative trend, suggesting caution for traders.

Euro's Decline Against the Dollar

The Euro dropped 0.5% against the US Dollar in the previous session. The MACD is providing a negative signal, reinforcing a bearish outlook for the pair.

Yen's Slight Downward Movement

The Dollar-Yen pair experienced a slight downward movement, dropping 0.2% in the last session. The Rate of Change (ROC) indicator is signalling a negative trend, indicating reduced momentum.

Global Financial Headlines

Global stocks have dipped as US Treasury yields rise on stronger-than-expected jobs data, which has reinforced expectations of prolonged high interest rates from the Federal Reserve. Meanwhile, the IMF projects steady global growth and a continuation of disinflation in its updated World Economic Outlook. Upcoming US inflation data could impact market sentiment and test investors' resolve.

Upcoming Economic Highlights

Notable economic events include:

• US Monthly Budget Statement - 19:00 GMT

• Japan's CFTC JPY NC Net Positions - 21:30 GMT

• US 3-Month Bill Auction - 16:30 GMT

• UK's CFTC GBP NC Net Positions - 21:30 GMT

• Japan's Trade Balance - 23:50 GMT

• Japan's Current Account - 23:50 GMT

Moneta Markets

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Typ: STP, ECN

Regulácia: FCA (UK), FSA (Seychelles), FSCA (South Africa)

Značky: Analýza

Oil and Gold Climb as the Week Begins

Brent crude rose despite OPEC+ easing supply cuts, supported by strong demand and fresh sanctions risk. Gold hit a new record above $3,611 as weak US job data boosted Fed rate cut bets and safe-haven flows surged amid rising political uncertainty.

ActivTrades | Pred 7 h 49 min

Dollar slips as bets for third Fed cut rise ahead of jobs revision

US employment expected to be revised down by 800,000 for year to March. A bigger revision could bolster bets for 50-bps rate cut in September. Dovish expectations pummel bond yields and dollar, lift stocks and gold. Euro and French bonds stay calm after PM Bayrou ousted.

XM Group | Pred 9 h 23 min