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
Gold is in a range, but testing its upper bound
Bitcoin breaks records, broad market just joining the rally
Bitcoin breaks records, broad market just joining the rally
EBC Markets Briefing | Loonie grapples with Trump's indignation
Trade tensions heat up, dollar firms, but stocks and cryptos stay bullish
Markets are again in risk-on/risk-off mode
USD/JPY Climbs as Yen Struggles Amid Trade Tensions
