Daily Global Market Update

EUR/USD steady, Stochastic bearish. USD/JPY plunges 1.2%, MACD negative. Gold dips 0.4%, RSI bearish. Volkswagen shares fall 1.1%, Ultimate Oscillator negative. Dollar weakens against yen, NASDAQ drops on tech earnings. Gold gains slightly on dollar weakness. Today's focus: Japan CPI, US GDP, Eurogroup meetings, US durable goods orders, Germany Ifo.

Euro/Dollar Pair's Stability

The EUR/USD pair remained largely unchanged in the last session. The Stochastic indicator is giving a negative signal.

 

 

Dollar/Yen's Sharp Decline

The USD/JPY pair plummeted 1.2% in the last session. The MACD is giving a negative signal.

 

 

Gold's Minor Retreat

Gold experienced a decline of 0.4% against the dollar in the last trading session. The RSI is giving a negative signal.

 

 

Volkswagen's Market Struggles

Volkswagen shares dropped by 1.1% in the last session. The Ultimate Oscillator is giving a negative signal.

 

 

Global Financial Headlines

The dollar fell to its lowest in more than two months against the yen as short yen carry trades were unwound. The NASDAQ plummeted to a one-month low following disappointing earnings from Tesla and Alphabet. Gold prices rose slightly by 0.1% as the dollar slipped.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Tokyo Consumer Price Index - 2330 GMT

• US Gross Domestic Product - 1230 GMT

• Eurozone's Eurogroup Meetings - 0700 GMT

• US Durable Goods Orders - 1230 GMT

• Germany's Ifo Current Assessment - 0800 GMT

Düzenleme: FSA (Seychelles), FSCA (South Africa)
read more
ATFX Market Outlook 16th May 2025

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.
ATFX | 16s 49 dakika önce
US 100, EURUSD, GBPUSD

US 100, EURUSD, GBPUSD

US-China trade talks send Wall Street sharply higher; US CPI on calendar; EURUSD tumbles ahead of Eurozone GDP; US-UK trade deal and UK GDP in focus; GBPUSD below 1.3200
XM Group | 4 gün önce
Moneta Markets Daily Market Update: May 12, 2025

Moneta Markets Daily Market Update: May 12, 2025

Global financial markets on May 12, 2025, are buoyed by optimism surrounding a US-China trade deal, though uncertainties over tariff reductions temper gains. Gold drops to a one-week low near $3,253, while EUR/USD holds above 1.1200, awaiting trade deal details.
Moneta Markets | 4 gün önce