Daily Global Market Update

Oil surged 2.9%, showing upward momentum with a positive MACD signal. The Australian Dollar weakened 0.9%, with a bearish Stochastic Indicator. The Euro declined 0.5% against the Dollar, driven by a negative MACD. The Dollar-Yen pair fell 0.2%, indicated by a negative ROC.

Oil's Significant Surge

The Oil-Dollar pair surged by 2.9% in the last trading session, marking a strong performance. The MACD is signalling a positive trend, indicating potential for continued upward momentum.

 

 

Australian Dollar Weakens

The Australian Dollar fell 0.9% against the US Dollar in the last session. The Stochastic Indicator is signalling a negative trend, suggesting caution for traders.

 

 

Euro's Decline Against the Dollar

The Euro dropped 0.5% against the US Dollar in the previous session. The MACD is providing a negative signal, reinforcing a bearish outlook for the pair.

 

 

Yen's Slight Downward Movement

The Dollar-Yen pair experienced a slight downward movement, dropping 0.2% in the last session. The Rate of Change (ROC) indicator is signalling a negative trend, indicating reduced momentum.

 

 

Global Financial Headlines

Global stocks have dipped as US Treasury yields rise on stronger-than-expected jobs data, which has reinforced expectations of prolonged high interest rates from the Federal Reserve. Meanwhile, the IMF projects steady global growth and a continuation of disinflation in its updated World Economic Outlook. Upcoming US inflation data could impact market sentiment and test investors' resolve.

 

Upcoming Economic Highlights

Notable economic events include:

• US Monthly Budget Statement - 19:00 GMT

• Japan's CFTC JPY NC Net Positions - 21:30 GMT

• US 3-Month Bill Auction - 16:30 GMT

• UK's CFTC GBP NC Net Positions - 21:30 GMT

• Japan's Trade Balance - 23:50 GMT

• Japan's Current Account - 23:50 GMT

Moneta Markets
종류: STP, ECN
규제: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Oil and Gold Climb as the Week Begins

Oil and Gold Climb as the Week Begins

Brent crude rose despite OPEC+ easing supply cuts, supported by strong demand and fresh sanctions risk. Gold hit a new record above $3,611 as weak US job data boosted Fed rate cut bets and safe-haven flows surged amid rising political uncertainty.
ActivTrades | 13 시간 17 분 전
Dollar slips as bets for third Fed cut rise ahead of jobs revision

Dollar slips as bets for third Fed cut rise ahead of jobs revision

US employment expected to be revised down by 800,000 for year to March. A bigger revision could bolster bets for 50-bps rate cut in September. Dovish expectations pummel bond yields and dollar, lift stocks and gold. Euro and French bonds stay calm after PM Bayrou ousted.
XM Group | 14 시간 51 분 전
Dollar slips as bets for third Fed cut rise ahead of jobs revision

Dollar slips as bets for third Fed cut rise ahead of jobs revision

US employment expected to be revised down by 800,000 for year to March. A bigger revision could bolster bets for 50-bps rate cut in September. Dovish expectations pummel bond yields and dollar, lift stocks and gold. Euro and French bonds stay calm after PM Bayrou ousted.
XM Group | 14 시간 52 분 전