Daily Global Market Update

The EUR/USD fell 0.2%, the dollar rose 0.3% against the yen, and gold dropped 1.7%. Meta's stock was stable. Sterling rose, UK stock futures fell, and Wall Street had mixed results. US crude inventories unexpectedly increased.

Euro's Minor Decline Against the Dollar

The EUR/USD pair experienced a slight decrease of 0.2% against the dollar in the last session. The RSI is indicating a negative signal.

 

 

Dollar's Uptick Against the Yen

The dollar rose by 0.3% against the yen in the last session. The MACD is currently indicating a positive outlook.

 

 

Gold's Substantial Dip

The gold-dollar pair saw a significant decline of 1.7% in the last session. The Stochastic RSI suggests a negative trend ahead.

 

 

Meta's Stock Performance

Meta's stock traded sideways in the last session. The Stochastic indicator is currently giving a negative signal.

 

 

Global Financial Headlines

Sterling edged higher while UK stock futures fell following Prime Minister Rishi Sunak's announcement of a parliamentary election on July 4th. Wall Street’s main indexes showed mixed results as investors awaited Nvidia’s quarterly results and the Federal Reserve's policy meeting minutes. US crude oil inventories rose unexpectedly last week, with gasoline stockpiles falling as demand increased ahead of the summer driving season, as reported by the Energy Information Administration.

 

Upcoming Economic Highlights

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

• Japan's National Consumer Price Index - 2330 GMT

• UK's GfK Consumer Confidence - 2301 GMT

• Australia’s Consumer Inflation Expectations - 0100 GMT

• Eurozone’s Eurogroup Meetings - 0700 GMT

• Japan’s Jibun Bank Manufacturing PMI - 0230 GMT

• US Initial Jobless Claims - 1230 GMT

Regulacja: FSA (Seychelles), FSCA (South Africa)
read more
Dollar Strengthen on Upbeat Economic Data

Dollar Strengthen on Upbeat Economic Data

On the back of the upbeat CB Consumer Confidence reading of 100.4, several Fed governors issued hawkish comments on upcoming monetary policy, which ultimately bolstered the dollar's strength. Despite the Fed's hawkish outlook, the U.S. equity market rallied, driven by Nvidia, the AI bellwether company, which rose approximately 7%, fueling gains in the Nasdaq and S&P 500.
PU Prime | 1 dni temu
EURUSD, USDCAD, AUDUSD

EURUSD, USDCAD, AUDUSD

US Core PCE index could affect EURUSD’s performance; Canadian CPI expected to fall; USDCAD still falling; AUDUSD may remain in range after Australian CPI
XM Group | 1 dni temu
Daily Global Market Update

Daily Global Market Update

Oil dipped slightly, while currencies remained mostly flat. Gold tumbled on strong US data, stocks dipped slightly. Watch for economic data releases today from US, Eurozone, Germany, Japan and UK.
Moneta Markets | 2 dni temu
Dollar Index (DXY) Pushes Higher on Strong S&P PMI Data

Dollar Index (DXY) Pushes Higher on Strong S&P PMI Data

Solid US S&P Manufacturing and Services PMIs lifted the Dollar Index (DXY) to105.80, from 105.65, its strongest finish since late April. A surge in Services to 55.1, which beat estimates at 53.4, strengthened the case for fewer Fed rate cuts. The solid state of the US economy kept bond yields steady, at their recent highs.
ACY Securities | 2 dni temu