Daily Global Market Update

Gold-dollar pair stable; euro-dollar slightly up; pound strengthens; Bitcoin dips. US stocks rise, led by Tesla and Apple. Binance faces lawsuit; key economic events include housing starts, US consumer confidence, and retail sales data.

Moneta Markets | 17 days ago

Gold Dollar Pair's Stability

The gold-dollar pair remained largely unchanged in the last session. However, the ultimate oscillator indicates a negative signal.

Euro Dollar Analysis

The euro-dollar pair experienced a minor upward correction, gaining 0.1% in the last session. The stochastic indicator suggests a positive outlook.

Pound's Increment Against Dollar

The pound gained 0.3% against the dollar in the last session, with the MACD signaling a positive outlook.

Bitcoin's Minor Decline

The Bitcoin-dollar pair saw a slight dip of 0.2% in the last session, accompanied by a negative signal from the ultimate oscillator.

World Financial Headlines

US stocks surged, with notable gains for Tesla and Apple, as investors awaited the Federal Reserve's interest rate outlook post-policy meeting. Meanwhile, cryptocurrency exchange Binance faces a class action lawsuit in Canada, alleging violations of local securities laws.

Upcoming Economic Highlights

Here are today's major economic events:

• Japan's Annualized Housing Starts - 0500 GMT

• US Consumer Confidence - 1400 GMT

• Australia's Retail Sales - 0130 GMT

• Germany's Retail Sales - 0600 GMT

• Japan's Construction Orders - 0500 GMT

• Eurozone's Harmonized Index of Consumer Prices - 0900 GMT

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Tags: Analysis

S&P 500 index hits record high amidst lower inflation

The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by the unexpectedly low US inflation figures released earlier.

RoboForex | 33 minutes ago

Dollar rebounds as US import prices accelerate

US import prices see largest surge in two years - Investors scale back Fed rate cut bets - Yen slides on BoJ bond operation, Ueda’s remarks - Wall Street pulls back after hitting fresh record highs

XM Group | 1h 15min ago

The crypto market is ready to grow further

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: The crypto market is ready to grow further

FxPro | 2h 18min ago

Australia's economy is not as healthy as it appears, and the AUD will be negatively impacted!

Although Australian employment grew by 38.5k jobs, surpassing the consensus expectation of 23.7k, the labour market report's details were disappointing for several reasons.

ACY Securities | 2h 41min ago

EUR/USD Appears Ready for a Pullback Due to Inflationary Factors in the USA

EUR/USD has risen approximately 1% this week due to a decline in the dollar, although the euro is trailing behind other pro-cyclical currencies in the G10, excluding the US data-sensitive CAD. This isn't unexpected, as the euro has the weakest three-month correlation with two-year USD swap rates, which previously insulated it from significant upward adjustments in Fed expectations.

ACY Securities | 2h 41min ago

Eyeing on Today’s Euro CPI

euro traders are keenly awaiting today's CPI reading to gauge the euro's price movement amid softening U.S. dollar.

PU Prime | 4h 9min ago

Daily Global Market Update

GBP/USD dipped 0.1%, Bitcoin dropped 1.2%, oil gained 0.4%, and AUD/USD fell 0.3%. Venture capital funding is rising, Aquarius launched a $600M liquidity fund, and crude prices rose. Key economic releases include US Oil Rig Count and various HICP and CFTC data.

Moneta Markets | 5h 9min ago

JPY has sharply strengthened

On Thursday, the yen strengthened against the US dollar in response to improving Federal Reserve interest rate prospects. The USDJPY pair has declined to 153.88.

RoboForex | 23h 13min ago

EURUSD	1.08434	GBPUSD	1.26515	AUDUSD	0.66497
USDJPY	155.866	USDCAD	1.36407	USDCHF	0.90923