EBC Daily Snapshot Jul 1, 2024

EBC Markets Briefing | AI race is spinning out of control

Nasdaq 100 rose as investors moved into AI, with tech seeing $1.65B inflow. Despite manufacturing slump and tariffs, Big Tech and AI support long-term gains.

EBC Financial Group | 10j 48min yang lalu

Stocks plunge on AI valuation worries, gold and yen bounce back

Risk aversion mounts amid increasing doubts about AI valuations. Nasdaq leads the declines on Wall Street, Nikkei tumbles 2.5%. Gold and yen attract safe-haven bids but panic may already be easing.

XM Group | 12j 10min yang lalu

ETHUSD Falls Below Key Support as Bearish Momentum Strengthens

ETHUSD remains under heavy selling pressure after slipping below key support near $3,100. Momentum indicators confirm a broad bearish bias, with lower-timeframe charts suggesting the next target could be $3,000.

Ultima Markets | 12j 13min yang lalu

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 12j 28min yang lalu

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.

FxPro | 12j 28min yang lalu

GBP/USD takes a hit on UK budget jitters

GBP/USD slides to 1.3000 on tax-hike fears. Bears break 2025 uptrend as technical signals point to oversold conditions.

XM Group | 12j 53min yang lalu

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 13j 11min yang lalu

If the 4-year cycles are still alive, BTC faces a pullback to $70K

Crypto market drops 2.4%, hitting $3.3T — its lowest since July, sliding into bear territory below 200-day average.

FxPro | 13j 12min yang lalu

EURUSD	1.14917	GBPUSD	1.30506	AUDUSD	0.65054
USDJPY	154.064	USDCAD	1.4108	USDCHF	0.80992