Daily Global Market Update
Oil-Dollar Pair's Gain
The Oil-Dollar pair saw an increase of 0.6% in the last session, with a peak rise of 1.6%. The Williams Percent Range indicator suggests an overbought market condition.
Australian Dollar's Stable Movement
The Australian Dollar traded sideways last session, with the Commodity Channel Index (CCI) indicating a positive trend.
Euro-Dollar Pair's Stable Movement
The Euro-Dollar also traded sideways, with the Rate of Change (ROC) showing a positive signal.
Dollar-Yen's Neutral Trend
The Dollar-Yen pair displayed a sideways movement with a negative signal from the Rate of Change (ROC).
Global Financial Headlines
Hyundai Motors's India unit seeks regulatory approval for a stock market listing in Mumbai, potentially the nation's biggest IPO, with the South Korean parent planning to sell up to a 17.5% stake. The NASDAQ eked out a fifth straight record closing high following gains in Adobe and other tech-related shares, while the S&P 500 and Dow ended slightly lower.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• US 3-Month Bill Auction - 1530 GMT
• US 6-Month Bill Auction - 1530 GMT
• Eurozone's Euro Group Meeting - 0700 GMT
• Germany's Boer Monthly Report - 1000 GMT
• Italy's Consumer Price Index - 0800 GMT
• Australia's Consumer Inflation Expectations - 0100 GMT
US inflation: a step back before the run-up?
EBC Markets Briefing | Wall St back in green with Nvidia jumping
Yen Edges Higher as Market Capitalises on News-Driven Rebound
GBPUSD Analysis: The Fed Still Has Expectations of Cuts This Year
Crypto market grows on altcoins
Dollar struggles to maintain its recent gains
EBC’s Million Dollar Trading Challenge II | Tariffs Test Traders as Top Performers Turn the Tide
