Daily Global Market Update

Euro up 0.3%, Stochastic negative. Dollar-Yen rises 0.8%, Stochastic positive. Gold falls 0.3%, oversold signal. Google gains 0.7%, overbought. Dollar varies against Yen and Euro. Markets focus on US inflation. Tokyo's index peaks, Europe cautious. Upcoming: Dutch CPI, US CPI, Australia Trade, US Jobless Claims, Japan Account.

Euro's Upward Trend

The Euro-Dollar pair saw a rise of 0.3% in the last session. The Stochastic indicator, however, is presenting a negative signal.

 

 

Dollar Yen Pair's Progress

The Dollar-Yen pair increased by 0.8% in the last session. A positive signal is indicated by the Stochastic indicator.

 

 

Gold's Retreat

Gold experienced a 0.3% decrease against the dollar in the last trading session. The Williams indicator suggests an oversold market condition.

 

 

Google's Stock Performance

Google's stock witnessed a gain of 0.7% in the last session. The market appears overbought according to the Williams indicator.

 

 

Global Financial Headlines

The dollar strengthened against the Yen but saw a slight decline versus the Euro. Market participants are awaiting US inflation data for indications on the Federal Reserve's interest rate decisions. Mixed sentiment prevailed in global markets, with Tokyo's benchmark reaching its highest level since March 1990, boosted by a weaker Yen benefiting exporters. European markets showed a lack of momentum as they awaited the US inflation reports.

 

Economic Events to Watch

Today's key economic releases include:

• Dutch Consumer Price Index - 0530 GMT

• US Consumer Price Index - 1330 GMT

• Australia's Trade Balance and Imports - 0030 GMT

• US Initial Jobless Claims - 1330 GMT

• Japan's Current Account - 2350 GMT

Moneta Markets
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Investors cheer potential end to US government shutdown

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XM Group | 23 minutes ago
The dollar plays on bets

The dollar plays on bets

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FxPro | 47 minutes ago
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