Daily Global Market Update

The Euro and Gold dipped slightly, while the Dollar strengthened against the Yen. Meta's stock surged but might be overbought. Amazon hit $2 trillion in market cap, boosting investor optimism. Upcoming economic data include US GDP and Durable Goods Orders.

Euro's Minor Dip Against the Dollar

The Euro/Dollar pair saw a minor decrease of 0.2% in the last session. The MACD is giving a negative signal, suggesting a potential further decline.

 

 

Dollar Strengthens Against Yen

The Dollar rose by 0.6% against the Yen in the last session. The Ultimate Oscillator indicates that we are currently in an overbought market.

 

 

Gold's Drop Amid Market Volatility

The Gold/Dollar pair dropped by 0.9% in the last session. According to the Williams %R indicator, we are currently in an oversold market.

 

 

Meta's Stock Surge

Meta's stock gained 1.4% in the last session. The Commodity Channel Index (CCI) indicates that the market is currently overbought.

 

 

Global Financial Headlines

Amazon.com reached a market valuation of $2 trillion, reflecting heightened optimism around AI and potential interest rate cuts. Meanwhile, major US stock indexes experienced modest gains in a volatile session, with key events like the presidential debate and upcoming inflation reports closely watched by the Federal Reserve.

 

Upcoming Economic Highlights

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

• US Gross Domestic Product - 1230 GMT

• US Durable Goods Orders - 1230 GMT

• Australia's Consumer Inflation Expectations - 0100 GMT

• Eurozone Eurogroup Meetings - 0700 GMT

• Japan's Tokyo Consumer Price Index - 2330 GMT

• Japan's Unemployment Rate - 2330 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 | 11 minutes 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 | 2h 35min 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 | 21h 42min 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 | 23h 1min ago