EBC Daily Snapshot Jun 4, 2024

EBC Markets Briefing | AI race is spinning out of control

Nasdaq 100 rose as investors moved into AI, with tech seeing $1.65B inflow. Despite manufacturing slump and tariffs, Big Tech and AI support long-term gains.

EBC Financial Group | 4 시간 42 분 전

Stocks plunge on AI valuation worries, gold and yen bounce back

Risk aversion mounts amid increasing doubts about AI valuations. Nasdaq leads the declines on Wall Street, Nikkei tumbles 2.5%. Gold and yen attract safe-haven bids but panic may already be easing.

XM Group | 6 시간 5 분 전

ETHUSD Falls Below Key Support as Bearish Momentum Strengthens

ETHUSD remains under heavy selling pressure after slipping below key support near $3,100. Momentum indicators confirm a broad bearish bias, with lower-timeframe charts suggesting the next target could be $3,000.

Ultima Markets | 6 시간 8 분 전

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 6 시간 23 분 전

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 6 시간 23 분 전

GBP/USD takes a hit on UK budget jitters

GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.

XM Group | 6 시간 48 분 전

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 7 시간 6 분 전

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 7 시간 7 분 전

EURUSD	1.14764	GBPUSD	1.30396	AUDUSD	0.64999
USDJPY	154.253	USDCAD	1.41237	USDCHF	0.81137