Daily Global Market Update

Oil prices rose slightly, while the Aussie dollar fell slightly. The Euro and Dollar traded sideways, while the Yen was overbought. China's stimulus boosted hedge fund returns, and Taiwan's Foxconn reported record revenue. US stocks are near record highs, and key economic events include UK retail sales, Japan's current account and labor earnings, US bill auctions, and Eurozone retail sales.

Moneta Markets | Před 87 dny

Oil's Upward Movement

Oil gained 0.7% against the dollar in the last session. The MACD is currently giving a positive signal.

Aussie Dollar's Minor Correction

The AUD/USD pair experienced a minor downward correction in the last session, dropping 0.1%. The Williams indicator is giving a negative signal.

Euro/Dollar Pair Sideways Trading

The EUR/USD pair traded sideways in the last session. The RSI is giving a negative signal.

Dollar/Yen Pair Analysis

The USD/JPY pair traded sideways in the last session. The Stochastic RSI indicates an overbought market.

Global Financial Headlines

China-focused hedge funds report explosive returns in September due to a sharp rebound in Chinese stocks, driven by Beijing's aggressive stimulus package. Taiwan's Foxconn posts record Q3 revenue of $57.3 billion, up 20.2% year-on-year, driven by strong demand for AI servers. A high-stakes corporate earnings season begins this week, with investors hoping results will justify rich valuations in the US stock market. Strong US labour market data boosts the case for continued economic growth. The S&P 500 is up 20% year-to-date, nearing record highs.

Upcoming Economic Highlights

Key economic events to look out for include:

• UK's BRC Like-for-Like Retail Sales - 2301 GMT

• Japan's Current Account - 2350 GMT

• Japan's Labor Cash Earnings - 2330 GMT

• US 6-Month Bill Auction - 1530 GMT

• US 3-Month Bill Auction - 1530 GMT

• Eurozone's Retail Sales - 0900 GMT

Regulace: FSA (Seychelles), FSCA (South Africa)

Yen Shows Short-Term Appreciation Potential

Japan’s finance minister and Japan’s top foreign exchange diplomat said in separate media briefings that officials are concerned about “excessive” exchange rate fluctuations and are ready to take “appropriate action.”

Ultima Markets | Před 19 h 36 min

ATFX Market Outlook 2nd January 2025

Global markets were closed on Wednesday for New Year's Day. The US dollar index ended 2024 at a two-year high, up 8%, the best performance in nearly a decade. Spot gold rose more than 27%, its most significant annual increase since 2010. In contrast, international oil prices dropped about 3% for the second consecutive year.

ATFX | Před 19 h 36 min

USDJPY starts the New Year with a selloff

USDJPY is edging lower today; It continues to hover slightly below the key 158 level; Momentum indicators show signs of weakness;

XM Group | Před 20 h 6 min

Dollar Start the Year with Strong Momentum

The U.S. dollar delivered a strong performance in 2024, with the dollar index gaining approximately 7%, and it started 2025 on a positive note, hovering near its recent highs. The dollar remains supported by the Fed’s cautious approach to monetary policy, with hawkish expectations weighing on equities.

PU Prime | Před 21 h 29 min

Wall Street Continue to Slides On Hawkish Fed Expectation

Wall Street continued its downward trend, pressured by expectations of a more hawkish Fed policy in the near term. However, traders are anticipating a potential “Trump Trade” rally, as Donald Trump’s upcoming inauguration in January may boost sentiment in the equity markets.

PU Prime | Před 1 dnem

Wall Street Tumbles on Hawkish Fed Expectation

With shortened trading hours ahead of the New Year holiday, the equity market is anticipated to remain stable in thin trading.

PU Prime | Před 2 dny

ATFX Market Outlook 27th December 2024

The Dow Futures ended slightly higher on Thursday, extending its five-session winning streak. However, thin trading volume and rising Treasury yields affected major tech stocks. The Nasdaq and S&P 500 ended the day nearly flat but slightly lower.

ATFX | Před 3 dny

ATFX Market Outlook 30th December 2024

Dow futures fell modestly on Monday as Wall Street kicked off the final trading week of the year. Crude oil futures traded around $70.5 per barrel in thin trading on Monday as the market's focus shifted to the outlook for 2025. Gold edges higher above $2,600 amid light trading.

ATFX | Před 3 dny

EURUSD	1.02715	GBPUSD	1.23937	AUDUSD	0.62114
USDJPY	157.393	USDCAD	1.43844	USDCHF	0.91183