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
タイプ: STP, ECN
規制: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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The US Equities Brace for Further Pressure as Short Positioning Reaches Extremes

The US Equities Brace for Further Pressure as Short Positioning Reaches Extremes

The US equities are flashing increasingly defensive signals. Small caps are leading the sell-off, with the Russell 2000 underperforming and put/call positioning turning extremely bearish. Meanwhile, net shorts in Nasdaq 100 futures have surged to multi-year highs, creating downside risk — but also the potential for a powerful short squeeze.
Headway | 15時30分前
Brent is heading towards $100 a barrel

Brent is heading towards $100 a barrel

Brent is rallying on Middle East escalation and Strait of Hormuz supply fears, pushing the dollar to two-week highs as rising oil prices fuel inflation expectations and lift the probability of a Fed rate hike in September to 68%. Strong US manufacturing PMI and hawkish FOMC comments are adding further fuel to the Treasury yield rally.
FxPro | 18時4分前
Further Middle East hostilities fuel dollar’s engines

Further Middle East hostilities fuel dollar’s engines

Dollar rallies as US-Iran strikes lift oil and bolster Fed hike bets - Yen rebounds as BoJ Gov. Ueda appears ready to raise interest rates - Kiwi falls as RBNZ hikes, but appears less hawkish than expected - Wall Street and gold tumble amid renewed inflation fears
XM Group | 20時28分前
Global Bond Selloff, Eyes on Central Banks & US ADP

Global Bond Selloff, Eyes on Central Banks & US ADP

The Reserve Bank of New Zealand and the Bank of Canada announce rate decisions in succession. This morning, the RBNZ raised rates by 25 basis points as expected; the BoC continues to balance slowing domestic growth against inflation pressures, with rates expected to remain unchanged. US ADP employment data (forecast 48K, previous 44K) will serve as a preview for Friday’s official Nonfarm Payrolls.
ATFX | 21時57分前