Daily Global Market Update

Oil prices rose slightly, but the market is overbought. The Australian dollar and euro traded sideways with positive indicators. The Japanese yen remained stable. Gold reached a new high amid rate cut expectations and Middle East tensions. FedEx shares plunged due to disappointing earnings. The S&P 500 hit a new record, but economic data and political uncertainty may impact future performance.

Moneta Markets | Pred 230 dňami

Oil's Minor Upward Correction

The oil/dollar pair saw a minor upward correction, rising 0.2% in the last session. The Commodity Channel Index (CCI) indicates that the market is currently overbought.

Aussie Dollar's Sideways Movement

The AUD/USD pair traded sideways in the last session. The Moving Average Convergence Divergence (MACD) is currently giving a positive signal.

Euro's Sideways Trading

The EUR/USD pair traded sideways in the last session. The Relative Strength Index (RSI) is giving a positive signal.

Dollar Yen's Stable Performance

The USD/JPY price remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal.

Global Financial Headlines

Gold has soared above the $2,600 level for the first time, extending a rally boosted by bets for further US interest rate cuts and rising tensions in the Middle East. Shares of FedEx slumped over 15% on Friday, the worst in 2 years, after a dismal first-quarter profit drop due to anaemic economic conditions and an ongoing customer shift towards slower, cheaper deliveries. The S&P 500 hit its first closing all-time high in 2 months after the Fed unveiled a 50 basis point rate cut. However, the roaring rally in US stocks now faces a gauntlet of economic data, looming political uncertainty, and a corporate earnings test in coming weeks.

Upcoming Economic Highlights

Key economic events to look out for include:

• US 3-month Bill Auction - 1530 GMT

• US 6-month Bill Auction - 1530 GMT

• Dutch Gross Domestic Product - 0430 GMT

• Singapore's Consumer Price Index - 0500 GMT

• Korea's Producer Price Index Growth - 2100 GMT

• Australia's RBA Interest Rate Decision - 0430 GMT

Regulácia: FSA (Seychelles), FSCA (South Africa)

USDJPY remains exposed to bearish trend

USDJPY erases gains, shifts spotlight to bearish trajectory. Resistance at 144.23, support at 141.60.

XM Group | Pred 4 dňami

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.

Moneta Markets | Pred 5 dňami

Japanese yen halts gains as US trade negotiations return to the spotlight

USD/JPY had an opportunity to correct after two consecutive days of decline, with Tuesday’s trading centred around 143.78.

RoboForex | Pred 5 dňami

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s

ATFX | Pred 5 dňami

USDJPY, GBPUSD, Oil

Fed policy meeting to leave rates on hold; Will USDJPY recover ground?; BoC to cut rates by 25bps; GBPUSD ticks up; OPEC+ speeds up increases; WTI opens with bearish gap

XM Group | Pred 6 dňami

EUR/USD tests key support in bid for upside

EUR/USD meets familiar support and returns above 1.1300. Technical Signals don’t yet confirm a meaningful rally. Sellers may stay on the sidelines until price falls below 1.1200.

XM Group | Pred 6 dňami

ATFX Market Outlook 5th May 2025

Last Friday, the April Nonfarm Payrolls report in the U.S. surpassed expectations, indicating a resilient labor market. However, signs of slowing economic momentum, such as a contraction in Q1 GDP and rising jobless claims, raised concerns about a broader slowdown.

ATFX | Pred 6 dňami

AUD/USD in a range: Is a bullish breakout next?

AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely.

XM Group | Pred 9 dňami

EURUSD	1.12266	GBPUSD	1.32846	AUDUSD	0.6421
USDJPY	145.831	USDCAD	1.39311	USDCHF	0.83431