EBC Daily Snapshot Jul 1, 2024

EBC Markets Briefing | AI race is spinning out of control

Nasdaq 100 rose as investors moved into AI, with tech seeing $1.65B inflow. Despite manufacturing slump and tariffs, Big Tech and AI support long-term gains.

EBC Financial Group | 8小时14分钟前

Stocks plunge on AI valuation worries, gold and yen bounce back

Risk aversion mounts amid increasing doubts about AI valuations. Nasdaq leads the declines on Wall Street, Nikkei tumbles 2.5%. Gold and yen attract safe-haven bids but panic may already be easing.

XM Group | 9小时36分钟前

ETHUSD Falls Below Key Support as Bearish Momentum Strengthens

ETHUSD remains under heavy selling pressure after slipping below key support near $3,100. Momentum indicators confirm a broad bearish bias, with lower-timeframe charts suggesting the next target could be $3,000.

Ultima Markets | 9小时39分钟前

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 9小时54分钟前

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 9小时54分钟前

GBP/USD takes a hit on UK budget jitters

GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.

XM Group | 10小时19分钟前

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 10小时38分钟前

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 10小时38分钟前

EURUSD	1.14892	GBPUSD	1.30479	AUDUSD	0.65074
USDJPY	154.109	USDCAD	1.4112	USDCHF	0.81013