Daily Global Market Update

Oil and Aussie Dollar up, Euro and Yen mixed. Hyundai India seeks record IPO in Mumbai. NASDAQ sets new high, US stock indices flat. Watch US bill auctions, Eurozone meeting, and inflation data for market direction. Buckle up for an intriguing day in financial markets!

Oil-Dollar Pair's Gain

The Oil-Dollar pair saw an increase of 0.6% in the last session, with a peak rise of 1.6%. The Williams Percent Range indicator suggests an overbought market condition.

 

 

Australian Dollar's Stable Movement

The Australian Dollar traded sideways last session, with the Commodity Channel Index (CCI) indicating a positive trend.

 

 

Euro-Dollar Pair's Stable Movement

The Euro-Dollar also traded sideways, with the Rate of Change (ROC) showing a positive signal.

 

 

Dollar-Yen's Neutral Trend

The Dollar-Yen pair displayed a sideways movement with a negative signal from the Rate of Change (ROC).

 

 

Global Financial Headlines

Hyundai Motors's India unit seeks regulatory approval for a stock market listing in Mumbai, potentially the nation's biggest IPO, with the South Korean parent planning to sell up to a 17.5% stake. The NASDAQ eked out a fifth straight record closing high following gains in Adobe and other tech-related shares, while the S&P 500 and Dow ended slightly lower.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US 3-Month Bill Auction - 1530 GMT

• US 6-Month Bill Auction - 1530 GMT

• Eurozone's Euro Group Meeting - 0700 GMT

• Germany's Boer Monthly Report - 1000 GMT

• Italy's Consumer Price Index - 0800 GMT

• Australia's Consumer Inflation Expectations - 0100 GMT

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Gold Surges Amid Mounting Global Risks

Gold Surges Amid Mounting Global Risks

The price of gold reached 3,383 USD per ounce on Wednesday, trading near a two-week high. The rally is being driven by strong demand for safe-haven assets, fuelled by growing concerns over the independence of the US Federal Reserve.
RoboForex | 1h 31min ago
A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

The US Dollar rebounds, pressuring gold below $1,950 and weighing on risk assets. AUD/USD holds near 0.6480 ahead of key CPI data, while EUR/USD slips toward 1.1630 amid French political uncertainty. USD/JPY trades above 147.50 but faces upside limits on Fed policy concerns. USD/CNY steady near 7.11 as PBOC defends yuan. Markets eye CPI and jobs data for next moves.
Moneta Markets | 3h 55min ago
Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.
Moneta Markets | 23h 2min ago
Dollar wobbles as Trump tries to fire Fed’s Lisa Cook

Dollar wobbles as Trump tries to fire Fed’s Lisa Cook

Fed’s independence under attack again as Trump wants to oust Lisa Cook. Dollar skids but later recovers, US yield curve steepens slightly, gold edges up. Stocks turn negative as Fed rally fades, PCE inflation awaited. Euro slips as French government at risk of collapse.
XM Group | 1 day ago