Daily Global Market Update

Oil prices dipped 0.7%, with the CCI indicating a negative signal. The Australian dollar fell 0.3% against the US dollar, while the Euro dropped 0.2%, both showing positive RSI trends. The US dollar rose 0.7% against the yen, supported by a positive Stochastic RSI. Despite oil's decline, it achieved a fourth consecutive weekly gain amid concerns over US sanctions on Russian energy.
Moneta Markets | 116 hari yang lalu

Oil's Decline in the Market

Oil dropped by 0.7% against the dollar in the last trading session. The Commodity Channel Index (CCI) is indicating a negative signal.

 

 

Australian Dollar's Slight Decline

The Australian dollar dropped 0.3% against the US dollar in the last session. The Stochastic RSI is signalling a positive market trend.

 

 

Euro's Slight Decline

The Euro dipped 0.2% against the US dollar in the last trading session. The Relative Strength Index (RSI) is signalling a positive trend.

 

 

Yen's Decline Against the Dollar

The US dollar gained 0.7% against the Japanese yen in the last session. The Stochastic RSI is giving a positive signal.

 

 

Global Financial Headlines

Oil prices settled lower, marking their fourth consecutive weekly gain as US sanctions on Russian energy trade raised concerns over supply disruptions. Meanwhile, TikTok ceased operations in the United States, disappearing from major app stores. Smaller US companies saw pressure as the Russell 2000 index marked a 10% correction from November highs, while the S&P 500 showed less decline, decreasing by 3% during the same period.

 

Upcoming Economic Highlights

Key economic events to watch include:

• Germany's Producer Price Index - 07:00 GMT

• Eurozone's Construction Output - 10:00 GMT

• Japan's Capacity Utilisation - 04:30 GMT

• Japan's Industrial Production - 04:30 GMT

• Japan's Tertiary Industry Index - 04:30 GMT

• UK's Rightmove House Price Index - 01:00 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)
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ATFX Market Outlook 16th May 2025

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.
ATFX | 14j 39min yang lalu