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
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il y a 726
EBC Financial Group
4.7
15 avis
Type: STP, ECN
Réglementation: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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THE US DEBT SERVICE COSTS ARE APPROACHING HISTORIC EXTREMES 💥
The US debt servicing costs are approaching levels last seen in the 1990s, with net interest expenditure set to reach around $1 trillion in 2026. As debt exceeds 100% of GDP and refinancing becomes increasingly expensive, Washington faces a critical question: can growth and lower rates contain the burden, or will servicing the debt consume an ever-larger share of federal revenues?
Headway
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il y a 1h 55min
Technical Outlook on USD/JPY, NZD/USD, GOLD
USD/JPY jumps to 160 as rate hike bets strengthen and US-Iran military attacks resume. NZD/USD tests key support as RBNZ expected to increase rates again. Gold gives up gains as geopolitical risks and Fed rate hike outlook favor the dollar.
XM Group
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il y a 3h 26min
Today Technical Analysis: Gold falls below $4,400 support level as the selling pressure continues
Gold is showing a clear bearish shift on the 1-hour chart after breaking sharply below the previous consolidation range around $4,580–$4,600.
STARTRADER
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il y a 7h 48min
Today Fundamental Analysis: Oil jumps more than 2% as tensions between the US and Iran escalate again
Oil prices rose on Monday as US-Iran tensions escalated, increasing fears of further disruptions to crude supplies and shipping through the Strait of Hormuz.
STARTRADER
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il y a 8h 15min
The S&P 500 has played its main trump cards
The S&P 500 faces headwinds as the earnings season ends, Fed rate hike expectations rise to 60% for September, and AI investment concerns persist. With NVIDIA giving back half its gains and consumer sentiment deteriorating, markets shift focus to labour market data and geopolitical risks.
FxPro
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il y a 8h 18min
Technical Analysis – EURUSD nurses losses, readies for a rebound
EURUSD has bounced off its short-term ascending trendline following Friday’s dip but has yet to gain sufficient momentum for a rebound.
XM Group
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il y a 8h 32min
Dollar rally takes a breather as investors digest hawkish Warsh
Warsh’s hawkish speech revives September hike expectations; Dollar rallied on Friday as equities, gold and bitcoin retreated; Markets stabilize today amidst a light US data calendar; Oil rises again as US-Iran military operations cancel diplomacy push;
XM Group
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il y a 10h 22min
USDJPY breaks 160 as Warsh turns up heat
Warsh's hawkish Jackson Hole speech pushed Treasury yields higher and lifted the dollar, sending USDJPY above the critical 160 mark for the first time in a month. Rising oil prices on Middle East escalation add to inflation fears, while markets now price an 80%+ probability of a BoJ rate hike in September.
FxPro
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il y a 10h 41min
