Analysis

Daily Global Market Update

Bitcoin down 2.8%, reversal possible. Nike falls 0.2%, negative trend likely. AUD/USD up 0.2%, overbought. Gold gains 0.6%, correction ahead. Oil up amid tensions; Dollar falters. Zhao's wealth surges $25bn. Key economic data due: US, Finland, Japan.

Moneta Markets | 556 days ago

Global Markets Surge on Rate Cut Anticipation

U.S. equity markets, which attained record highs as Investors anticipate an early rate cut by the Federal Reserve next year.

PU Prime | 556 days ago

Market Sideways While Celebrating Christmas

Major currencies, including the dollar, have maintained stability in their price levels as Christmas and Boxing Day festivities take centre stage globally

PU Prime | 557 days ago

IPO markets may return to normal in 2024 after 2-year slump

The market for initial public offerings (IPOs) is poised for a potential upswing in 2024, fueled by an improved outlook and expectations of three interest rate cuts from the U.S. Federal Reserve, which are expected to invigorate growth-oriented companies, according to investment bank Renaissance Capital.

Markets.com | 557 days ago

Downbeat PCE Hinders Dollar

The U.S. Personal Consumption Expenditures (PCE) price index falling short suggests a slowdown in inflation, contributing to the persistent dovish sentiment from Fed officials

PU Prime | 558 days ago

The pound is rising as traders only focus on the positive

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound is rising as traders only focus on the positive

FxPro | 561 days ago

USDCAD slips to almost 5-month low

USDCAD plummeted to a fresh almost five-month low earlier today, continuing the sharp selling interest that started from the 13-month high of 1.3900.

XM Group | 561 days ago

Dollar slips on Q3 data revisions, PCE inflation eyed

Q3 GDP and PCE prices revised lower - Dollar resumes slide as Fed rate cut bets increase - Aussie and yen the main gainers in FX arena - Wall Street rebounds, gold breaks key resistance

XM Group | 561 days ago

Solana and Bitcoin failing to storm milestone

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Solana and Bitcoin failing to storm milestone

FxPro | 561 days ago

Daily Global Market Update

Markets showed mixed trends with modest gains in the pound, bitcoin, and oil, caution in technical analyses, cryptocurrency fluctuations, and economic events ahead in the US, Japan, UK, and Netherlands.

Moneta Markets | 561 days ago

Dollar Hits 1-Week Low, Focus on PCE Report

The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. Disappointing Q3 GDP figures, revealing a growth rate of 4.9%, below market expectations, contribute to the Dollar's decline. Attention shifts to the US PCE Index for potential market shifts

PU Prime | 561 days ago

Dollar rebounds ahead of PCE data, yen recovers

Dollar gains, but investors still expect sharp Fed rate cuts - Focus turns to tomorrow’s core PCE inflation metric - Yen recovers ahead of Japan’s national CPI numbers - Sharp sell-off on Wall Street snaps rally, gold slides

XM Group | 562 days ago

Daily Global Market Update

Euro dips 0.3%, signaling a potential reversal. Dollar slips 0.2% against Yen; Gold retreats 0.4%, MACD hints at an upward move. Volkswagen shares down 1.5%; Global focus on Fed rate cut speculation, Wall Street highs, and UK inflation dip. Today: Dutch unemployment, Irish confidence, US GDP, Japan CPI, BoJ meeting, and UK net borrowing.

Moneta Markets | 562 days ago