Análise

Oil Prices Declines on OPEC Delay Meeting

Oil Prices Declines on OPEC Delay Meeting

In an unexpected turn of events, the scheduled OPEC meeting slated for the upcoming weekend has been deferred to November 30th, resulting in a nearly 1% dip in oil prices. This surprise decision primarily stems from discord among African nations regarding oil output limit quota. Concurrently, the prolonged stagnation of U.S. long-term treasuries yield is contributing to a weakened dollar
PU Prime | 629 dias atrás
Daily Global Market Update

Daily Global Market Update

Bitcoin down 1.6%, Nike up 0.4%, Aussie Dollar stable, Gold rose 0.8%. Global: Gold tops $2,000 on Fed caution, Binance settles $4.3B fine. Upcoming: US Durable Goods, Jobless Claims, European Consumer Confidence.
Moneta Markets | 630 dias atrás
Dollar Strength, Yen Weakness Continues

Dollar Strength, Yen Weakness Continues

The week commenced with the USD/JPY opening at 151.47. Early in the Tokyo session on November 13, the yen saw selling activity without any significant news catalyst. Despite appearing somewhat top-heavy above the end-October high of 151.74, the USD/JPY climbed to 151.92 as overseas traders entered the market in response to increased UST yields and dollar appreciation.
ACY Securities | 630 dias atrás
Dollar Drops on Dovish FOMC Minutes

Dollar Drops on Dovish FOMC Minutes

In a much-anticipated earnings release, Nvidia's quarterly report beat expectations; however, the company's share prices dropped about 2% after the closing bell. This unexpected downturn interrupted the recent winning streak in U.S. equity markets, dampening hopes for a tech-driven rally.
PU Prime | 630 dias atrás
Dollar Déjà Vu All Over Again

Dollar Déjà Vu All Over Again

USD: Revisiting the Depth of Market Movements. The response to last week's blend of softer US inflation figures and indications of a slowdown in consumer spending resembles the market's reaction following the initial decline in inflation during the summer.
ACY Securities | 631 dias atrás
Daily Global Market Update

Daily Global Market Update

Gold sees a slight gain, Euro-Dollar rises, Pound gains, Bitcoin overbought. European shares cautious, Binance's legal negotiations, OpenAI's CEO change. Upcoming economic releases include US data and UK borrowing figures.
Moneta Markets | 631 dias atrás
Yen gets some relief, sterling eyes tax cuts

Yen gets some relief, sterling eyes tax cuts

Dollar continues to drift lower ahead of Fed minutes tomorrow - Japanese yen recovers amid growing bets of foreign rate cuts - Oil prices bounce back on potential supply cuts, gold steadies
XM Group | 631 dias atrás
Risk-on Sentiment Sparks Equity Market

Risk-on Sentiment Sparks Equity Market

Recent market dynamics have seen a surge in risk-on sentiment, with global equities rallying fervently. The Nasdaq has ascended to nearly a two-year high, driven by heightened anticipation surrounding Nvidia's upcoming earnings report. The US dollar index has slid to its lowest point since early September
PU Prime | 631 dias atrás