Daily Global Market Update

Oil prices edged up, with positive technical signals. The Australian Dollar appears oversold, while the Euro shows positive momentum. The Dollar-Yen pair is overbought. Global equities rallied, driven by positive inflation data and eased government shutdown fears. Key economic data releases today include Austria's Producer Price Index, Japan's Manufacturing PMI, and the US Chicago PMI.

Moneta Markets | 80 days ago

Oil's Upward Momentum

Oil gained 0.7% against the dollar in the last session. The Stochastic RSI is signalling a positive trend.

Aussie Dollar's Oversold Territory

The AUD/USD pair traded sideways in the last session. The Stochastic indicator suggests the market is currently oversold.

Euro's Positive Signal

The EUR/USD pair traded sideways in the last session. The Williams Percent Range indicator is providing a positive signal.

Dollar Yen's Overbought Conditions

The USD/JPY pair made a minor downward correction, dropping 0.1% in the last session. The Stochastic indicator suggests the market is currently overbought.

Global Financial Headlines

Global equity funds saw sharp inflows this past week, buoyed by a positive US inflation report and relief from avoiding a government shutdown, boosting investor confidence in risk assets. Meanwhile, United Health and a Medici's merger faces delays under close scrutiny from the US Department of Justice. US stocks had a banner year in 2024, with the S&P 500 up by 25% and the NASDAQ Composite up by over 31%.

Upcoming Economic Highlights

Key economic events to monitor include:

• Austria's Producer Price Index - 8:00 GMT

• Japan's Jibun Bank Manufacturing PMI - 03:00 GMT

• US Chicago Purchasing Managers Index - 14:45 GMT

• US 6-Month Bill Auction - 16:30 GMT

• Spain's Current Account Balance - 09:00 GMT

• Japan's CFTC JPY NCET Positions - 20:30 GMT

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ATFX Market Outlook 20th March 2025

U.S. equities rallied on Wednesday after the Federal Reserve maintained interest rates as anticipated. Fed Chair Jerome Powell emphasised that policymakers would await further clarity on President Trump’s policies and would not act hastily. Officials projected a total rate cut of 0.5 percentage points by the end of the year.

ATFX | 3h 20min ago

Daily Global Market Update – 19th March, 2025

Global markets are pulsing with anticipation and mixed signals as economic data, Fed expectations, and commodity shifts steer the course. Here’s a rundown of the latest developments shaping today’s market, focusing on EUR/USD, gold, GBP/USD, and WTI crude oil:

Moneta Markets | 21h 51min ago

Japanese Yen Continues to Slide as Bank of Japan Disappoints Markets

The USD/JPY pair surged to 149.58 on Wednesday, marking its fourth consecutive day of gains as the Japanese yen extended its decline. The Bank of Japan's (BoJ) latest policy decision failed to inspire confidence, leaving investors underwhelmed and further weakening the yen.

RoboForex | 22h 59min ago

ATFX Market Outlook 19th March 2025

U.S. equities fell on Tuesday, snapping a two-day winning streak. Investors turned cautious ahead of the Federal Reserve’s policy decision and assessed the potential impact of President Trump’s tariff agenda. The Dow lost 0.62%, the S&P 500 dropped 1.07%, and the Nasdaq slid 1.7%.

ATFX | 1 day ago

Market Update: March 17, 2025

Financial markets are buzzing with activity driven by fresh economic data, shifting sentiment, and commodity movements. Here’s a look at the hottest developments shaping today’s market, focusing on WTI crude oil, the US Dollar Index, EUR/USD, and gold:

Moneta Markets | 2 days ago

Market Update: March 17, 2025

Moneta Markets | 3 days ago

Market Update: March 17, 2025

Moneta Markets | 3 days ago

ATFX Market Outlook 17th March 2025

U.S. consumer confidence dropped to its lowest level in March in nearly two and a half years, driven by concerns over Trump's tariffs, which could raise prices and harm the economy. Despite this, U.S. stocks rebounded as investors seized bargains after a turbulent week marked by recession fears.

ATFX | 3 days ago

EURUSD	1.08646	GBPUSD	1.29689	AUDUSD	0.63113
USDJPY	148.582	USDCAD	1.4355	USDCHF	0.8815