Analys

Daily Global Market Update

Daily Global Market Update

Oil-Dollar pair fluctuated, Aussie Dollar stable, Euro-Dollar steady with downward momentum, Dollar-Yen unchanged; global focus on UK inflation, BYD-Sigma Lithium talks, and Chinese economic data; key events include Eurozone Industrial Production, Trade Balance, Finland CPI, Japan's Machine Tool Orders, Producer Price Index, and UK's Rightmove House Price Index.
Moneta Markets | 494 dagar sedan
Insights Into Oil Demand Growth and the Future of Air Travel

Insights Into Oil Demand Growth and the Future of Air Travel

I’m anticipating oil demand to exhibit above-trend and above-consensus growth in the coming year, projecting an increase of 1.5 mb/d. A key factor influencing this outlook is the substantial growth expected in jet fuel consumption. I’ve closely monitor and model this trend using global flight and scheduling data, allowing me to delve into the trends and prospects of air travel.
ACY Securities | 494 dagar sedan
Gold Surges on Geopolitical Unrest

Gold Surges on Geopolitical Unrest

The Dollar Index remains range-bound near resistance, with conflicting signals from the U.S. – robust economic performance juxtaposed with dovish Federal Reserve statements, obscuring its trajectory. Despite a U.S. holiday pausing equity trading today, focus intensifies on upcoming key economic data, including retail sales and industrial productions, along with statements from Fed officials.
PU Prime | 494 dagar sedan
ECB Officials Support Lowering Expectations for Rate Cuts

ECB Officials Support Lowering Expectations for Rate Cuts

As the new calendar year unfolds, the euro has emerged as a standout performer among the G10 currencies, standing shoulder to shoulder with other major counterparts such as the pound and the US dollar. In stark contrast, the yen has struggled to keep pace, resulting in a notable 3% surge in the EUR/JPY pair, reclaiming ground up to the 160.00-level.
ACY Securities | 497 dagar sedan
Daily Global Market Update

Daily Global Market Update

GBP/USD rose 0.1% with positive CCI, Bitcoin dropped 0.7%, Oil/USD surged 2.1% with a positive CCI, AUD/USD fell 0.2% with negative MACD. Bitcoin ETFs started strong, Nikkei 225 hit 34-year high, Gold rose on weak dollar. Economic releases: UK Manufacturing, Japan Eco Watchers, Finland Current Account, US USDA WDE Report, UK GDP, Japan Eco Watchers Outlook.
Moneta Markets | 497 dagar sedan
EURUSD at 1.07 in the First Quarter of 2024

EURUSD at 1.07 in the First Quarter of 2024

Yesterday marked a rather uneventful day in FX market, mirroring the sentiment shared by many market participants. The anticipation was palpable as we collectively awaited the release of crucial inflation data from the United States, scheduled for tomorrow.
ACY Securities | 497 dagar sedan