Analysis

The ECB starts cuts earlier and may move faster than the Fed

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The ECB starts cuts earlier and may move faster than the Fed

FxPro | 16 days ago

ECB cut awaited as Wall Street sets new record

ECB expected to follow in BoC’s footsteps and cut by 25bps. Fed rate cut hopes rise despite upbeat ISM services PMI. Dollar mostly steady, stocks surge higher.

XM Group | 16 days ago

Gold prices reach 2368 USD amid speculation of Fed rate cuts

Gold prices climbed to 2368 USD per troy ounce on Thursday, continuing the upward momentum for the second session. This surge comes as market expectations adjust to the likelihood of future interest rate cuts by the Federal Reserve, fuelled by recent employment data.

RoboForex | 16 days ago

Crypto takes its time

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto takes its time

FxPro | 16 days ago

Dollar Hammers by Soft U.S. Job Data

The dollar tumbled to its lowest level in two months following the disappointing job data, which reinforced bets on a Federal Reserve rate cut.

PU Prime | 16 days ago

Daily Global Market Update

Currency markets mixed: dollar up on data, yen gains despite technical signal. Gold jumps on momentum indicator, NIO stock drops opposite of its technical reading. Stocks surge to new highs on tech strength, Bank of Canada cuts rates first in G7. Watch Germany factory orders, Australia trade data, Japan spending, and US jobs data today.

Moneta Markets | 16 days ago

DXY Slumps, US JOLTS Job Openings Shrink to 3-Year Lows

The number of job openings in the US (JOLTS) shrank to 8.06 million in April, against median forecasts at 8.37 million, the lowest level since February 2021. March’s JOLTS number was revised lower.

ACY Securities | 16 days ago

Gold: moonshot to $2800 or dive below $2000?

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Gold: moonshot to $2800 or dive below $2000?

FxPro | 17 days ago

New Zealand Dollar shows stability amid US economic concerns

The NZD/USD pair is stable, consolidating around 0.6189 on Wednesday. The New Zealand dollar maintains a sideways trend and appears relatively robust in the current market environment.

RoboForex | 17 days ago

Daily Global Market Update

Bitcoin saw a 2.3% increase, Nike's stock rose by 0.4%, AUD/USD pair declined by 0.5%, while gold dipped 1%. Oil prices fell amid supply concerns, the US dollar edged higher, and NFT sales dropped by 54% in May. Economic highlights include data from Japan, France, Eurozone, and the US.

Moneta Markets | 17 days ago

Crypto goes up after a rest

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto goes up after a rest

FxPro | 17 days ago

Fed rate cut bets grow but dollar steadies, BoC to likely cut

Soft US data continues to pile up, boosting Fed rate cut bets. But dollar on steadier footing ahead of ISM services PMI. Bank of Canada expected to cut rates today, loonie slips. Oil slide deepens, stocks struggle for direction.

XM Group | 17 days ago

EBC Markets Briefing | Japan’s Nikkei stutters on subdued capex

Nikkei 225 fell on Wednesday amid an ongoing poor performance. Speculation rises on the BOJ considering the interest rate hike to bolster the yen.

EBC Financial Group | 17 days ago

Oil Plummet on U.S. Crude Inventory Surge

Oil prices experienced their steepest decline of 2024, dropping over 5%, following the release of the American Petroleum Institute (API) weekly crude data, which revealed an unexpected inventory build-up exceeding 4 million barrels. This surprise data, coupled with OPEC+'s decision to increase oil supply in the fourth quarter, exerted significant downward pressure on prices.

PU Prime | 17 days ago