Analysis

EBC Markets Briefing | Yen rally halts when stocks make a spectacular comeback

Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.

EBC Financial Group | 277 days ago

Wall Street Dip With Looming U.S. Recession

The financial markets, especially the equity sector, continue to be shattered by recession fears. The U.S. equity fear index, VIX, spiked to 65.70—the highest level since the pandemic in 2020

PU Prime | 277 days ago

Daily Global Market Update

Gold, Euro, and Pound mixed; Bitcoin plunged. Global markets fell on recession fears, impacting US stocks and Apple. Man Group invested in Bitcoin ETFs. Lucid got a $1.5B cash boost. Economic data and central bank decisions due.

Moneta Markets | 277 days ago

US Dollar Outlook for August 2024

In July, the US dollar faced a downturn against major global currencies. It slipped from 1.0717 to 1.0820 against the euro and tumbled from 160.84 to 150.46 against the yen. The Federal Open Market Committee (FOMC) maintained the federal funds rate steady at 5.25% to 5.50% during its July meeting.

ACY Securities | 277 days ago

Pound Plummets, BOE Cuts; Yen Soars, BOJ Hikes; Fed Holds Steady

The British Pound (GBP/USD) plummeted to 1.2735 (1.2835) after the Bank of England cut its Official Bank Rate by 25 bps to 5.0%. While the move was expected, markets saw the likelihood of more reductions for the rest of the year.

ACY Securities | 277 days ago

EBC Markets Briefing | Japanese stocks suffer worst day since 1987

Asian stocks plunged Monday, with the Nikkei 225 dropping 12.4%, its worst daily loss since 1987, and entering a bear market.

EBC Financial Group | 278 days ago

An unlikely buying opportunity for US Indices

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: An unlikely buying opportunity for US Indices

FxPro | 278 days ago

EBC Daily Snapshot Augl 5, 2024

The dollar fell on Monday after a poor jobs report. Fed fund futures show a 99% chance of a 50 bps rate cut at the September meeting, per LSEG data.

EBC Financial Group | 278 days ago

Rapid Yen Appreciation: Key Factors Boosting JPY

The Japanese yen continues its recovery rally. The USDJPY pair falls to 143.38 on Monday. This development is likely only the midpoint of the process as the market regains past losses and brings the JPY to equilibrium. USDJPY is currently at its lowest level since 3 January.

RoboForex | 278 days ago

Dollar plummets as US jobs data spread panic

Disappointing US jobs data push dollar off the cliff - Yen extends rally as fears over US economy mount - Stocks drop, VIX rallies to levels seen more than a year ago

XM Group | 278 days ago

EBC Markets Briefing | AI reckoning may have begun

The Nasdaq 100 entered correction territory on Friday, losing over $2 trillion in value in three weeks as traders unwound long-profitable bets.

EBC Financial Group | 278 days ago

Crypto investors have lost their nerve

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto investors have lost their nerve

FxPro | 278 days ago

Daily Global Market Update

Oil-dollar pair crashed 3.4%, oversold. Aussie, euro, and dollar-yen pairs traded sideways with positive signals. Oil prices tumbled on weak US jobs data and China woes. Intel's stock plunged 26%. Recession fears grip Wall Street, Fed rate cut expectations rise. Today's economic highlights include Eurozone PPI, US ISM Services, UK retail sales, and Japan data.

Moneta Markets | 278 days ago

NFP Hammers Dollar to 4 Months Low

The aftermath of the Japanese yen's strengthening has manifested in significant dips across multiple markets, including equities, commodities, and various currencies. The yen has erased all its 2024 losses against the dollar, moving towards the 145.00 mark.

PU Prime | 278 days ago