EBC Daily Snapshot Sep 4, 2024

Safe-haven currencies surged Wednesday as Wall Street and Asian stocks fell sharply, leading to losses in commodity currencies.
EBC Financial Group | 729 дней спустя

EBC Financial Group
Тип: STP, ECN
Регулирование: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Yen extends surge, Oil slips despite tensions, stocks rebound

Yen extends surge, Oil slips despite tensions, stocks rebound

Yen rallies after hawkish BoJ and dovish Fed remarks; Waller eyed next. Yields slide after Fed’s Williams calms nerves, lifts stocks. Oil prices ease back after Trump hints Iran strikes won’t last “too long”. Gold jumps as dollar remains on the backfoot.
XM Group | 58 минут назад
The yen is advancing on three fronts

The yen is advancing on three fronts

The yen surged on three simultaneous tailwinds: BoJ rate hike expectations rising to 90% with speculation of a 50bp move, rumours of currency intervention, and an extraordinary GPIF meeting fuelling speculation of a portfolio shift toward domestic bonds. Falling Treasury yields and weak ADP data added further pressure on the dollar, pushing USDJPY sharply lower.
FxPro | 2ч 55мин назад
The US Equities Brace for Further Pressure as Short Positioning Reaches Extremes

The US Equities Brace for Further Pressure as Short Positioning Reaches Extremes

The US equities are flashing increasingly defensive signals. Small caps are leading the sell-off, with the Russell 2000 underperforming and put/call positioning turning extremely bearish. Meanwhile, net shorts in Nasdaq 100 futures have surged to multi-year highs, creating downside risk — but also the potential for a powerful short squeeze.
Headway | 19ч 54мин назад
Brent is heading towards $100 a barrel

Brent is heading towards $100 a barrel

Brent is rallying on Middle East escalation and Strait of Hormuz supply fears, pushing the dollar to two-week highs as rising oil prices fuel inflation expectations and lift the probability of a Fed rate hike in September to 68%. Strong US manufacturing PMI and hawkish FOMC comments are adding further fuel to the Treasury yield rally.
FxPro | 22ч 28мин назад