Daily Global Market Update

The Euro and Gold rose, while the USD/JPY traded sideways. Tesla's stock gained, but the market is overbought. Global markets were mixed, with US stocks diverging. Key economic events include US jobless claims, Australian data, US personal income, Eurozone unemployment, and Japan's BOJ rate decision.

Euro's Positive Movement

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

 

 

Dollar-Yen's Sideways Trend

The USD/JPY pair traded sideways in the last session. The Rate of Change (ROC) is giving a positive signal.

 

 

Gold's Upward Movement

Gold rose 0.3% against the dollar in the last trading session. The RSI indicates an overbought market.

 

 

Tesla's Stock Performance

Tesla's stock gained 1% in the last session. The Ultimate Oscillator is giving a negative signal.

 

 

Global Financial Headlines

The Canadian dollar strengthened modestly against its US counterpart as oil prices rose. US stock indexes were mixed, with the Dow gaining and the tech-heavy NASDAQ falling. Shares of Alphabet rose 4.1% after beating expectations for Q3 revenue and profit. German inflation rose more than expected in October to 2.4%.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Initial Jobless Claims - 12:30 GMT

• Australia's Retail Sales - 03:30 GMT

• Australia's Export Price Index - 03:30 GMT

• US Personal Income - 12:30 GMT

• Eurozone's Unemployment Rate - 10:00 GMT

• Japan's BOJ Interest Rate Decision - 03:00 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)
read more
Moneta Markets Daily Market Update: May 12, 2025

Moneta Markets Daily Market Update: May 12, 2025

Global financial markets on May 12, 2025, are buoyed by optimism surrounding a US-China trade deal, though uncertainties over tariff reductions temper gains. Gold drops to a one-week low near $3,253, while EUR/USD holds above 1.1200, awaiting trade deal details.
Moneta Markets | 2 days ago
Tariffs Ignite Safe-Haven Rally

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.
Moneta Markets | 8 days ago
ATFX Market Outlook 6th May 2025

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s
ATFX | 8 days ago
USDJPY, GBPUSD, Oil

USDJPY, GBPUSD, Oil

Fed policy meeting to leave rates on hold; Will USDJPY recover ground?; BoC to cut rates by 25bps; GBPUSD ticks up; OPEC+ speeds up increases; WTI opens with bearish gap
XM Group | 9 days ago