EBC Daily Snapshot Augl 6, 2024

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 | 11h 1min 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 | 12h 28min 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 | 12h 28min 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 | 12h 52min 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 | 12h 53min 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 | 13h 0min ago

Supreme Court's Tariff Battle: A Turning Point or More Uncertainty for Global Trade?

The US Supreme Court’s tariff ruling could impact global trade. What’s at stake for investors and businesses as market uncertainty grows?

Ultima Markets | 13h 33min ago

EBC Markets Briefing | Crude price slide this week; AI hype cooled

Oil prices held steady Friday but were set for weekly losses as OPEC+ eyed output hikes, with Brent down 8.2% and WTI sliding 7.6% for the week.

EBC Financial Group | 13h 46min ago

EURUSD	1.15623	GBPUSD	1.31554	AUDUSD	0.64917
USDJPY	153.415	USDCAD	1.404	USDCHF	0.8049