Daily Global Market Update

EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.

EUR/USD's Positive Trend

The Euro gained 0.3% against the dollar in the last session. The RSI is giving a positive signal.

 

 

USD/JPY's Market Indecision

The Dollar-Yen pair traded sideways in the last session. The ROC is giving a negative signal.

 

 

Gold's Strong Uptrend Against USD

The gold-dollar pair exploded 1.1% in the last session. According to the CCI, we are in an overbought market.

 

 

Alibaba's Stock Rise

Alibaba stock gained 1.8% in the last session. The CCI is giving a positive signal.

 

 

Global Financial Headlines

Yen hits a 38-year low against the US dollar; S&P 500 and NASDAQ reach record highs, fueled by data suggesting a potential slowdown in the economy, bolstering hopes for an upcoming Fed rate cut.

 

Upcoming Economic Highlights

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

• Japan's Monetary Base - 2350 GMT

• Japan's JP Foreign Reserves - 2350 GMT

• Australia's Trade Balance - 0130 GMT

• Germany's Factory Orders - 0600 GMT

• Japan's Overall Household Spending - 2330 GMT

• Australia's Imports - 0130 GMT

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