EBC Daily Snapshot Sep 4, 2024

Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.

EBC Financial Group
Typ: STP, ECN
Regulace: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Weekly Technical Outlook – USDJPY, GOLD, US100

Weekly Technical Outlook – USDJPY, GOLD, US100

USDJPY keeps eyes on 159.00 region as US and Japan inflation data awaited. GOLD rally targets 4,770 area as the clock ticks down to Jackson Hole event. US100 stabilizes decline near SMAs ahead of Nvidia’s Q2 earnings.
XM Group | Před 4 h 22 min
GERMANY’S AAA RATING UNDER PRESSURE💥

GERMANY’S AAA RATING UNDER PRESSURE💥

S&P has warned that Germany’s AAA rating could come under pressure as economic risks rise and debt-servicing costs accelerate from €30bn in 2026 to €81bn by 2030. Germany remains the G7’s lowest-debt major economy, but any downgrade could reshape capital flows, raise borrowing costs and challenge its role as Europe’s financial anchor.
Headway | Před 6 h 50 min
Gold climbs amid Iran and trade uncertainties, dollar also firms

Gold climbs amid Iran and trade uncertainties, dollar also firms

Gold rallies even as dollar halts decline amid heightened uncertainties. Iran’s president calls for end to war ahead of new US sanctions, oil slips. US-Canada trade talks break down, loonie tumbles as trade war escalates. Treasuries await Jackson Hole and details on ‘fiscal consolidation’. Stocks struggle under weight of negative newsflow, eye Nvidia earnings.
XM Group | Před 8 h 18 min
US Threatens Unprecedented Iran Sanctions; Markets on Edge

US Threatens Unprecedented Iran Sanctions; Markets on Edge

From key U.S. economic data and inflation indicators to Nvidia’s earnings as a global AI benchmark, and the annual Jackson Hole central bank symposium, multiple heavyweight events will dominate this week. With Monday’s data relatively light, markets are watching closely for any announcement of new U.S. sanctions on Iran.
ATFX | Před 10 h 46 min