Daily Global Market Update

EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%.

Euro's Market Stagnation

The EUR/USD pair remained largely unchanged in the last trading session. The MACD is currently indicating a negative signal.

 

 

Dollar-Yen's Upward Correction

The USD/JPY pair saw a slight rise of 0.1% in the last session. The RSI is giving a positive signal.

 

 

Gold's Decline Continues

The GOLD/USD pair dropped by 0.3% in the last session. The Stochastic indicator is signalling a negative trend.

 

 

Volkswagen's Minor Gain

Volkswagen shares saw a modest rise of 0.1% in the last session. The MACD is giving a positive signal.

 

 

Global Financial Headlines

Oil prices rose as US crude inventories fell, but gains were limited after the Federal Reserve cut interest rates while signalling a slower pace of future reductions. The Fed's 25 basis-point cut set rates between 4.25% and 4.5%. Meanwhile, US stocks erased gains following the announcement, reflecting cautious market sentiment.

 

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan's Labour Cash Earnings – 2330 GMT

• US Red Book Index – 1355 GMT

• UK's BRC Retail Sales – 0001 GMT

• Japan's Overall Household Spending – 2330 GMT

• Eurozone's Unemployment Rate – 1000 GMT

• Germany's Industrial Production – 0700 GMT

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