Daily Global Market Update

Oil up 0.7% on overbought market. Aussie-Dollar steady, potential upturn. Euro-Dollar sideways, positive Stochastic RSI. Dollar-Yen stable. Chinese EVs expand, Nvidia's earnings rise. Asian markets upward. Key releases: Dutch Confidence, Finland CPI, Germany Report, UK House Price, China FDI, Korea Sentiment Index.

Oil's Upward Movement

The Oil-Dollar pair saw a notable increase of 0.7% in the last session, with a peak rise of 1%. The Williams Percent Range indicator points towards an overbought market condition.

 

 

Aussie's Steady Pace

The Aussie-Dollar pair remained steady in the last session. The Williams Percent Range indicator is showing a positive signal, suggesting potential upward movement.

 

 

Euro's Sideways Trade

The Euro-Dollar pair traded sideways in the last session. The Stochastic RSI indicator is giving a positive signal, hinting at a potential shift in momentum.

 

 

Dollar-Yen's Stability

The Dollar-Yen pair showed little change in the last session. According to the Stochastic indicator, the market is currently overbought.

 

 

Global Financial Headlines

Chinese EV manufacturers, after years of explosive growth, are facing a domestic demand slowdown. This is driving them to expand globally, challenging traditional auto giants. Nvidia is set to release its earnings report, with Wall Street anticipating a significant increase. Asian markets have continued their upward trend, marking the fourth consecutive week of gains despite mild recessions and weak retail sales in key economies.

 

Upcoming Economic Highlights

Today's economic calendar is bustling with key releases:

• Dutch Consumer Confidence at 0530 GMT

• Finland's Consumer Price Index at 0600 GMT

• Germany's Bundesbank Monthly Report at 1100 GMT

• UK's Rightmove House Price Index at 0001 GMT

• China's Foreign Direct Investment at 0900 GMT

• Korea's Consumer Sentiment Index at 2100 GMT

Regulacja: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.
Moneta Markets | 1g 38 minut temu
Dollar slides as September Fed cut nearly a done deal

Dollar slides as September Fed cut nearly a done deal

NY Fed President Williams says rates likely to fall - Anxiety about Trump’s efforts to influence Fed policy intensifies - Spotlight turns to PCE inflation numbers and next week’s NFP - S&P 500 hits new record, but Nvidia slides after earnings results
XM Group | 1g 46 minut temu
ATFX Market Outlook 28th August 2025

ATFX Market Outlook 28th August 2025

S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.
ATFX | 2g 20 minut temu