Daily Global Market Update

Oil prices plummeted, the Aussie dollar remained stable, and the euro and yen strengthened against the dollar. Global markets reacted to China's slowing economy, rising US budget deficit, and tech stock gains. Upcoming economic events include US bill auctions, German producer prices, Chinese interest rates, and New Zealand trade data.

Oil's Decline Against the Dollar

The oil-dollar pair dove by 2% in the last session. The RSI is giving a negative signal.

 

 

Aussie Dollar's Sideways Movement

The Aussie dollar pair traded sideways in the last session. The Stochastic RSI is giving a positive signal.

 

 

Euro's Sideways Movement

The euro-dollar pair traded sideways in the last session. The Ultimate Oscillator is giving a negative signal.

 

 

Dollar's Decline Against the Yen

The dollar dropped 0.4% against the yen in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Global Financial Headlines

Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed. The US budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era. Tech stocks powered Wall Street to a higher close, with solid Netflix results and Beijing's policy steps to boost Chinese demand.

 

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

• Germany's Producer Price Index - 0600 GMT

• China's PBOC Interest Rate Decision - 0115 GMT

• New Zealand's Exports - 2145 GMT

• New Zealand's Imports - 2145 GMT

规则: FSA (Seychelles), FSCA (South Africa)
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Dollar’s resilience could be tested after Monday’s surge

Dollar’s resilience could be tested after Monday’s surge

Risk appetite is slightly receding today after Monday’s boost; US stocks and the dollar experienced considerable moves on Monday; US CPI in focus today, but investors are craving Fed commentary; Gold is climbing today, as oil maintains most of Monday’s gains;
XM Group | 21小时45分钟前