Daily Global Market Update

Oil prices tumbled due to weak Chinese demand and Fed rate cut uncertainty. The Australian dollar and euro showed minor upward corrections, while the Japanese yen strengthened against the US dollar. Key economic events like Chinese industrial production, German ZEW sentiment, UK CPI, and US retail sales will influence market trends.

Moneta Markets | 288 days ago

Oil's Significant Drop

The oil-dollar pair plummeted 2.3% in the last trading session. The Ultimate Oscillator indicates a negative signal, suggesting potential bearish momentum.

Australian Dollar's Upward Correction

The AUD/USD pair experienced a minor upward correction, rising by 0.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal, supporting potential bullish sentiment.

Euro's Minor Recovery

The EUR/USD pair gained 0.1% in the last session, making a minor upward correction. The Commodity Channel Index (CCI) signals an oversold market, hinting at a possible rebound.

Dollar-Yen's Sharp Decline

The USD/JPY pair plunged 1.2% in the last session. The Relative Strength Index (RSI) is showing a negative signal, aligning with the bearish movement.

Global Financial Headlines

Oil prices fell over 2% last week due to concerns about weaker Chinese demand and uncertainty over US Federal Reserve interest rate cuts. In corporate news, Tata Electronics is acquiring a majority stake in Pegatron's iPhone plant in India. Meanwhile, Nvidia's upcoming results are set to influence the technology sector, with investors focusing on AI trade following a dramatic two-year rally in the stock.

Upcoming Economic Highlights

Key economic events to monitor include:

• China's Industrial Production - 0600 GMT

• Germany's ZEW Economic Sentiment - 1000 GMT

• UK CPI Inflation Rate - 0700 GMT

• US Retail Sales - 1230 GMT

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Oil Extends Losses as Demand Concerns Weigh on Markets | 2nd September 2025

Oil slid below $64.50 on weak demand and supply worries, while silver surged past $40.50 to 14-year highs on safe-haven flows. The USD firmed, pressuring AUD and CAD, though EUR/USD held above 1.1700. USD/CAD stayed near 1.3750 as oil steadied. Traders eye U.S. inflation, Fed signals, OPEC moves, and Eurozone data for direction.

Moneta Markets | 4h 7min ago

ATFX Market Outlook 2nd September 2025

U.S. financial markets were closed on Monday for Labour Day. Last week, the dollar fell to a five-week low as investors awaited job market data that could influence the Federal Reserve's monetary policy. The euro rose 0.2% to 1.1709 against the dollar, while the pound increased 0.3% to 1.3543. The dollar gained 0.1% against the yen, trading at 147.17.

ATFX | 4h 51min ago

EUR/USD Gains Ground Amid Fresh Doubts Over the Fed

The EUR/USD pair rose to 1.1704 on Monday. The US dollar is trading near one-month lows as the market awaits a series of US labour market reports. These figures could influence the Federal Reserve's upcoming policy decisions.

RoboForex | 23h 51min ago

Gold Surges to Five-Month Highs as Fed Cut Bets Lift Precious Metals; Dollar Steady, Oil Pressured | 1st September 2025

Gold hit $3,470, a 5-month high, as Fed cut bets and safe-haven demand surged; silver spiked to 2011 levels. USD held firm with USD/JPY above 147.00 and USD/CNY at 7.1072. Oil slid near $63.50 on oversupply and weak demand. Markets eye U.S. PCE data, central bank signals, and global growth risks to set the week’s tone.

Moneta Markets | 1 day ago

While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

FxPro | 4 days ago

US Dollar Surges, Global Markets Await Key Inflation Data | 29th August 2025

The US Dollar extends gains, with DXY near 98.00 ahead of key PCE data. EUR/USD drifts to 1.1650 on weak eurozone growth, while USD/JPY hovers below 147.00 after hotter Tokyo CPI. GBP/USD slips toward 1.3510 on UK fiscal concerns, and USD/CNY steadies around 7.10 as PBoC leans against yuan weakness. Traders brace for PCE to confirm—or challenge—the USD’s bullish momentum.

Moneta Markets | 4 days ago

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.

Moneta Markets | 4 days ago

ATFX Market Outlook 28th August 2025

S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.

ATFX | 5 days ago

EURUSD	1.16253	GBPUSD	1.33886	AUDUSD	0.65046
USDJPY	148.635	USDCAD	1.37767	USDCHF	0.8052