EBC Daily Snapshot Aug 29, 2024
The dollar steadied on Thursday, recouping some losses. Markets fully expect a 25-bp Fed rate cut next month, with a 34.5% chance of a 50-bp cut.
EBC Financial Group
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437 days ago
EBC Financial Group
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EBC Markets Briefing | Yen lower on weak data; market frowns at Musk's pay package
The yen fell in early Asian trade Monday as weak data stoked global growth fears, with Japan's October manufacturing shrinking fastest in 19 months.
EBC Financial Group
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1h 2min ago
How FCA Regulation Matters for Traders
FCA oversight ensures transparent information and stronger protections for client funds at Ultima Markets UK Ltd. Discover what this means for our UK clients.
Ultima Markets
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2h 10min ago
Gold stabilised at $4,000, but the upward trend has already broken down
Gold steady near $4K; strong buying above $3.9K as tariff ruling fears drive investors to safe havens amid fiscal concerns.
FxPro
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2 days ago
The dollar risks losing support from tariff revenues
• The US risks losing tariff revenues.
• The American labour market is cooling down.
• EURUSD may rise to 1.21.
• The pound rose but remains under pressure.
FxPro
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2 days ago
The dollar risks losing support from tariff revenues
• The US risks losing tariff revenues.
• The American labour market is cooling down.
• EURUSD may rise to 1.21.
• The pound rose but remains under pressure.
FxPro
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2 days ago
ZEC as the omen of a brewing storm in crypto
Crypto market dips 1% to $3.4T. Bitcoin holds above $100K near 50-week MA; sellers may still be unloading.
FxPro
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2 days ago
ZEC as the omen of a brewing storm in crypto
Crypto market dips 1% to $3.4T. Bitcoin holds above $100K near 50-week MA; sellers may still be unloading.
FxPro
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2 days ago
Risk markets struggle on lack of bullish catalysts
US equities seek direction amidst mixed newsflow; Hawkish Fedspeak, light data calendar and the US shutdown dent risk appetite; Cryptos under heavy pressure; gold struggles to rally above $4,000; Pound gains despite dovish BoE but outlook remains clouded;
XM Group
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2 days ago
