Daily Global Market Update

Euro-Dollar steady, oversold; Dollar gains 0.6% vs Yen, overbought; Gold down 1%, bearish trend; Nike shares -0.2%, negative signal; US Dollar peaks, robust retail data; Global stocks fall, rate cut resistance; UK CPI at 4%, rate cut unlikely; Upcoming: Dutch, Australian unemployment, Euro account, Japan CPI, UK housing, Australian employment.
Moneta Markets | 582 hari yang lalu

Euro-Dollar Pair's Sideways Movement

The Euro-Dollar pair exhibited a sideways trend in the last session. The CCI indicator points towards an oversold market condition.

 

 

Dollar's Gain Against the Yen

In the last session, the Dollar strengthened by 0.6% against the Yen. The CCI suggests we are currently in an overbought market.

 

 

Gold's Downward Trend

Gold saw a decline of 1% in the latest session. The Ultimate Oscillator's negative signal corroborates the downtrend observed in gold.

 

 

Nike Shares' Minor Correction

Nike shares experienced a slight downward adjustment, dropping by 0.2% in the last session. The Stochastic RSI indicates a negative signal for Nike's stock.

 

 

Global Financial Headlines

The US Dollar Index reached a new one-month high following US retail sales data, which indicated economic robustness and reduced likelihood of immediate Federal Reserve rate cuts. Meanwhile, global stocks declined as markets adjusted to central banks resisting interest rate cuts and uneven signs of China's economic recovery. The UK's annual CPI accelerated to 4% in December, suggesting a reduced likelihood of an early Bank of England rate cut.

 

Upcoming Economic Highlights

Key economic releases to look out for include:

• Dutch Unemployment Rate - 0530 GMT

• Australia's Employment Change - 0030 GMT

• Euro Zone's Current Account - 0900 GMT

• Japan's National CPI - 2330 GMT

• UK's RICS Housing Price Balance - 0001 GMT

• Australia's Unemployment Rate - 0030 GMT

Peraturan: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
Fed hawks lower expectations for Powell’s Jackson Hole speech

Fed hawks lower expectations for Powell’s Jackson Hole speech

September rate cut in question as Fed officials reluctant to switch policy. Dollar firms as bets grow that Powell will not send strong rate cut signal. Wall Street slips again as tech stocks continue to wobble. Oil headed for weekly gains as Ukraine peace efforts run into trouble.
XM Group | 13j 23min yang lalu
GBP/USD: Friday correction after surge

GBP/USD: Friday correction after surge

On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.
RoboForex | 13j 54min yang lalu
Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.
Moneta Markets | 17j 29min yang lalu
ATFX ​Market Outlook 22nd August 2025

ATFX ​Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.
ATFX | 20j 17min yang lalu