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
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639天前
EBC Financial Group
4.8
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类型: STP, ECN
规则: FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSCA (South Africa)
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Gold Has Reached a Critical Juncture — It Has Broken Down Its 200-Day Moving Average for the Third Time This Year.
Gold has slipped below its MA 200 after the powerful NFP report reinforced the higher-for-longer interest-rate narrative. Prints triggered the sharp USD rally and renewed pressure on XAUUSD. Whilst bulls may still view this area as a long-term support zone, the latest breakdown suggests that bears currently hold the advantage. Will it be a temporary shakeout or the start of a deeper correction?
Headway
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3小时42分钟前
NFP awaited for direction amid Middle East stalemate
Fresh setback for US-Iran talks after Hezbollah rejects Lebanon ceasefire. Oil nevertheless pares some weekly gains. But AI stocks succumb to profit taking, crypto rout deepens. Dollar slips ahead of jobs report as Fed rate hike bets ease slightly.
XM Group
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9小时14分钟前
Marvell Technology Gains Spotlight in AI Infrastructure Growth
Investor attention grows on AI infrastructure, with hyperscaler data centres, networking, and Marvell’s custom chips driving demand.
VT Markets
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9小时28分钟前
Weekly Recap and Forecast: Dow Jones surges to a new record level as the S&P500 retreats from recent highs. Bitcoin falls below $63,000
Dow Jones outperforms as investors rotate from growth stocks into value oriented sectors. The AI-driven rally is facing a new test, with Broadcom’s results triggering concerns about technology valuations.
STARTRADER
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9小时43分钟前
Week Ahead – Fed countdown begins amid US inflation data and geopolitical risks
Fed Chair Warsh’s first meeting approaches, key US inflation data could reshape expectations; Oil prices remain elevated as US-Iran talks continue; ECB is expected to hike; will it be a one-off move or is July live? BoC to stand pat, aussie eyes Chinese CPI data, while the yen awaits the BoJ meeting; Strong US data could keep the dollar supported; euro may suffer if ECB adopts a balanced tone;
XM Group
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9小时56分钟前
Nikkei225 Pulls Back as Tech Stocks Face Profit-Taking
Japan’s Nikkei225 retreats after AI and semiconductor stocks pull back, while wage growth supports broader equities.
VT Markets
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10小时17分钟前
US Jobs: Resilience or Slowdown?
Focus of the Day: The US will release its May non-farm payrolls (NFP) report tonight, with expectations of 85,000 new jobs, a drop from April’s 115,000. The unemployment rate is projected to stay at 4.3%, and average hourly earnings are expected to rise by 0.3%. This NFP release may influence market direction amid a challenging economic backdrop.
ATFX
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10小时39分钟前
Oil Slides 3% as Easing Middle East Tensions Pressure the Dollar Ahead of Non-Farm Payrolls
Israel-Lebanon ceasefire boosts risk sentiment — WTI drops 3% to $93, DXY falls to 99.18, gold rises to $4,500. Dow surges 900 points. Trump confirms US-Iran ceasefire intact despite sporadic clashes. JPY supported near 160.00 on intervention speculation. All eyes on NFP, unemployment rate, and wage data today.
CPT Markets
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11小时2分钟前
