Daily Global Market Update

Euro falls 0.2% against dollar, Dollar-Yen stable, Gold up 0.3%, Nike shares increase 0.1%. Dollar strong on US labor data, EU considers sanctions on China. Key data today: Germany, Australia, Eurozone, Japan GDP, US jobless claims.

Moneta Markets | 626 days ago

Euro's Slight Downturn

The Euro experienced a marginal decline of 0.2% against the dollar in the recent trading session. The Stochastic RSI indicates an oversold market condition.

Dollar Yen's Steady Movement

The Dollar-Yen pair exhibited a sideways trend in the last session. The Williams %R indicator is currently signaling a bullish momentum.

Gold's Incremental Gain

Gold rose by 0.3% against the dollar in the last trading session. The Stochastic RSI suggests an oversold market condition.

Nike Shares' Slight Uptick

Nike shares saw a minor upward correction, increasing by 0.1% in the last session. The MACD indicator is giving a bullish signal.

Global Financial Headlines

The dollar held near a two-week high against a basket of currencies as investors reacted to US economic data indicating a cooling labor market and speculations of Federal Reserve rate cuts next year. US stocks and Treasury yields fluctuated following reports of fewer job openings and unexpected growth in service businesses last month. In Europe, leaders are contemplating imposing new sanctions and trade penalties on China if it does not address economic tensions and limit exports to Russia for its war in Ukraine, as per EU officials ahead of the Beijing summit.

Today's Key Economic Events

Here's a snapshot of major economic releases expected today:

• Germany's Industrial Production - 0700 hours GMT

• Australia's Exports - 0030 hours GMT

• Eurozone's Gross Domestic Product - 1000 hours GMT

• Japan's Gross Domestic Product - 2330 GMT

• US Initial Jobless Claims - 1330 GMT

• Australia's Trade Balance - 0030 hours GMT

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)

Tags: Analīze

What is ahead: US PCE & Germany CPI

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: What is ahead: US PCE & Germany CPI

FxPro | 2 days ago

The tedious seesaw for gold is about to end

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The tedious seesaw for gold is about to end

FxPro | 2 days ago

Fed hawks lower expectations for Powell’s Jackson Hole speech

September rate cut in question as Fed officials reluctant to switch policy. Dollar firms as bets grow that Powell will not send strong rate cut signal. Wall Street slips again as tech stocks continue to wobble. Oil headed for weekly gains as Ukraine peace efforts run into trouble.

XM Group | 2 days ago

GBP/USD: Friday correction after surge

On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.

RoboForex | 2 days ago

The dollar finds its footing, but the Fed holds the cards

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The dollar finds its footing, but the Fed holds the cards

FxPro | 2 days ago

EBC Markets Briefing | Gas prices jump following huge Russian attack

Oil prices were little changed on Friday, set to end a two-week losing streak as fading peace hopes between Russia and Ukraine raised the risk premium.

EBC Financial Group | 2 days ago

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.

Moneta Markets | 2 days ago

ATFX Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.

ATFX | 2 days ago

EURUSD	1.17215	GBPUSD	1.35266	AUDUSD	0.64914
USDJPY	146.942	USDCAD	1.38264	USDCHF	0.80144