Daily Global Market Update

Oil prices held steady, AUD/USD and EUR/USD pairs traded flat, USD/JPY stalled, US stocks surged on tech earnings. Upcoming economic events include US Dallas Fed Manufacturing and Eurozone Business Climate reports.

Moneta Markets | 31 dias atrás

Oil Prices Remain Stable

The price of oil saw little change in the last session. The stochastic RSI is indicating a positive signal.

AUD/USD Pair Trades Sideways

The AUD/USD pair showed little movement in the last session. The ROC is giving a mixed signal.

EUR/USD Price Stability

The euro-dollar price remained largely unchanged in the last session. The CCI is giving a positive signal.

USD/JPY Stalls

The dollar-yen price remained largely unchanged in the last session. The Williams indicator suggests an overbought market.

US Stocks Rally on Tech Earnings

US stocks ended the week strong, buoyed by a rally in mega-cap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft. Alphabet breached the $2 trillion market value mark for the first time since November 2021, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback. Richly valued US stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Amazon is set to report on Tuesday, and Apple on Thursday.

Upcoming Economic Events

Here are today's major economic events:

• US Dallas Fed Manufacturing Business Index - 1430 GMT

• US 3-Month Bill Auction - 1530 GMT

• Eurozone Business Climate - 0900 GMT

• Finland's Consumer Confidence - 0500 GMT

• Japan's Unemployment Rate - 2330 GMT

• Japan's Large Retailer Sales - 2350 GMT

Regulamento: FSA (Seychelles), FSCA (South Africa)

All Eye on Today’s PCE Reading

All attention now turns to the crucial PCE reading, the Fed’s preferred inflation gauge, which is expected to have a direct impact on the dollar.

PU Prime | 1h 51min atrás

Japanese Yen Soars, Outperforms, Dollar Dips

The Japanese Yen soared against the Greenback as risk aversion hit asset markets. The USD/JPY pair settled at 156.85, down from 157.40 yesterday. Japan’s 10-year treasury yield settled at 1.05% after reaching 1.1% this week for the first time since July 2011.

ACY Securities | 2h 17min atrás

Fed Policy, Trump Re-election Prospects, and Their Impact on USD and EUR

The US dollar has been staying at weaker levels lately, with the dollar index staying just above its 200-day moving average around 104.40.

ACY Securities | 2h 17min atrás

Daily Global Market Update

The GBP/USD rose 0.2%, Bitcoin gained 1.2%, crude oil fell 1.7%, and AUD/USD increased 0.3%. Crypto fraud losses dropped 12%, US Q1 economic growth slowed, and oil prices declined. Key releases: Germany's Retail Sales, US Personal Income/Spending, Japan's Construction Orders/Housing Starts, Eurozone's Consumer Prices.

Moneta Markets | 2h 30min atrás

Daily Global Market Update

The EUR/USD pair decreased by 0.4%, while USD/JPY rose by 0.1%. Gold fell by 0.9%, and Alibaba shares increased by 0.4%, despite a bearish signal. Concerns over prolonged high interest rates weakened the Canadian dollar against the US dollar, and U.S. stocks fell, particularly in utilities.

Moneta Markets | 1 dia atrás

GBP Breaks Higher and Reaches New Post-Brexit High – Or Is This Another Media Lie?

The British pound (GBP) is experiencing a significant rise, reaching new heights since Brexit. This increase has pushed the Bank of England's Trade Weighted Index (BoE TWI) past its previous March peak, reaching levels not seen since June 24, 2016, when the pound plummeted following the UK's decision to leave the European Union.

ACY Securities | 1 dia atrás

Dollar Fuels by Strong Treasury Yield

The U.S. 7-year note auction held yesterday saw tepid demand for long-term Treasury yields, resulting in a decline in bond prices and pushing bond yields higher.

PU Prime | 1 dia atrás

Australian dollar hits 0.6650 amid mixed economic signals

The AUD/USD pair rose to 0.6650 on Wednesday following the release of Australian economic data. Australia’s consumer price index (CPI) accelerated to 3.6% year-on-year in April, up from 3.5% in March.

RoboForex | 1 dia atrás

EURUSD	1.08176	GBPUSD	1.27024	AUDUSD	0.66311
USDJPY	157.08	USDCAD	1.36758	USDCHF	0.90495