Daily Global Market Update

Euro Dollar's Stability

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

Dollar's Strength Against the Yen

The dollar gained 0.33% against the yen in the last session. According to the Williams indicator, we are in an overbought market.

Gold-Dollar Pair's Drop

The gold-dollar pair dropped by 0.3% in the last session. The stochastic RSI indicates an oversold market.

Tesla's Stock Performance

Tesla's stock dropped by 0.5% in the last session. The ultimate oscillator is giving a positive signal.

World Financial Updates

The yen dropped against the US dollar to its weakest since mid-1990 above the ¥55 area, with markets alert to any signs of intervention from Japanese authorities to prop up their currency. The benchmark S&P 500 closed higher in choppy trading as investors weighed an uptick in treasury yields amid positive corporate results, particularly from technology giants. An auction of a record $7 billion worth of 5-year US Treasury notes helped to push bond yields higher. Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a disappointing result for policymakers that led markets to abandon hopes for any rate cuts this year.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US Gross Domestic Product (Annualized) - 12:30 GMT

• US Gross Domestic Product Price Index - 12:30 GMT

• French Business Climate in Manufacturing - 06:45 GMT

• Japan's Tokyo Consumer Price Index - 23:50 GMT

• Japan's Coincident Index - 05:00 GMT

• UK's GfK Consumer Confidence - 23:01 GMT