EBC Daily Snapshot Oct 11, 2024
The US dollar dipped from a two-month high but is set for a second consecutive weekly gain as weak labor market signals support faster Fed rate cuts.
EBC Financial Group
|
vor 406 Tagen
EBC Financial Group
4.8
14 reviews
Typ: STP, ECN
Vorschrift: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
read more
US NFP Sparks Hawkish December Fed Expectations
Fed turns more hawkish after delayed NFP: equities—especially tech—and crypto slide as rate‑cut odds fade. Our analysis breaks down the latest FOMC minutes, shifts in market expectations, and what “higher-for-longer” means for the dollar, stocks, gold, and crypto in the weeks ahead.
Ultima Markets
|
vor 8Std 22 Minuten
Gold: Yet Not Broken
Gold held firm despite USD and yield pressure. Rate-cut odds falling hurt momentum, but central-bank buying jumped, ETF demand rose, and banks raised forecasts, with many investors expecting gold to outperform in the coming year.
FxPro
|
vor 8Std 39 Minuten
Gold: Yet Not Broken
Gold held firm despite USD and yield pressure. Rate-cut odds falling hurt momentum, but central-bank buying jumped, ETF demand rose, and banks raised forecasts, with many investors expecting gold to outperform in the coming year.
FxPro
|
vor 8Std 39 Minuten
The dollar is capitalising on its competitors' weakness
• The US labour market is sending mixed signals, and the Fed remains cautious.
• The Bank of Japan is moving at a snail's pace, while the pound may surge.
FxPro
|
vor 9Std 18 Minuten
Margin calls in crypto, but this is unlikely to be the bottom
Crypto market plunges 9%, nearing $2.4T support as traders watch for a rebound amid rising volatility.
FxPro
|
vor 12Std 15 Minuten
US jobs data paint mixed picture, Katayama talks intervention
NFP beats estimates, but unemployment rate rises - Dollar retreats as Dec. Fed cut chance increases slightly - Yen rebounds after Katayama mentions possibility of intervention - Wall Street slips as Fed officials worry about asset valuations
XM Group
|
vor 13Std 29 Minuten
Gold Treads Water Amid Mixed Signals
Gold edged lower to 4,060 USD per ounce on Friday, positioning the metal for a modest weekly decline. The shift in sentiment follows a stronger-than-anticipated delayed US employment report, which has tempered expectations for a Federal Reserve rate cut in December.
RoboForex
|
vor 13Std 33 Minuten
EBC Markets Briefing | Yen gains from tech rout; Walmart results shined
The dollar headed for its best week in over a month Friday, while the yen rose briefly as a government remark sparked Japan-China tensions.
EBC Financial Group
|
vor 16Std 2 Minuten
