Daily Global Market Update

Oil prices dipped amid geopolitical tensions and economic concerns. The Australian dollar and euro strengthened, while the Japanese yen appreciated against the US dollar. Key economic events like the US Dallas Fed Manufacturing Business Index and Japanese unemployment rate are upcoming, which may influence market sentiment.

Moneta Markets | 59 dagar sedan

Crude Oil's Significant Decline

Oil experienced a notable decline, closing 0.9% lower after an intra-session dip of 1.9%. The RSI indicator is currently showing a negative signal.

Australian Dollar's Upward Movement

The AUD/USD pair showed a slight upward correction, gaining 0.1% in the last session. The Stochastic indicator is providing a positive signal.

Euro's Positive Performance

The EUR/USD pair advanced by 0.4% in the last session. The RSI indicator is showing a positive signal.

Japanese Yen's Strength

The USD/JPY pair saw the dollar decline by 0.5% against the yen in the last trading session. The Williams Percent Range indicator is showing a negative signal.

Global Financial Headlines

Oil markets remain in focus following Israel's retaliatory strike on Iran, which notably avoided disrupting oil infrastructure and nuclear facilities. Oil futures saw a 4% gain last week amid market uncertainty. China's industrial sector faced challenges with September profits declining 27.1% year-over-year, marking the steepest monthly drop of the year. In technology sector news, Nvidia has surpassed Apple as the world's most valuable company, reaching a market value of $3.53 trillion, slightly above Apple's $3.52 trillion.

Upcoming Economic Highlights

Key economic events to watch include:

• US Dallas Fed Manufacturing Business Index - 1430 GMT

• US 3-Month Bill Auction - 1530 GMT

• Finland's Consumer Confidence - 0600 GMT

• Finland's Industrial Confidence - 0600 GMT

• Japan's Jobs Applicants Ratio - 2330 GMT

• Japan's Unemployment Rate - 2330 GMT

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

ATFX Market Outlook 23rd December 2024

U.S. consumer spending is expected to remain steady for November, while the core PCE price index posted its smallest month-on-month increase this week. Last Friday, U.S. stocks experienced a sharp rise after two days of sluggishness amid lower-than-expected inflation data, and calming remarks from Federal Reserve officials alleviated market concerns about interest rate hikes.

ATFX | 1 dag sedan

Merry Christmas, Everyone! Markets Stay Subdued Amid Holiday Cheer

The Dollar Index remained flat as markets slowed down for Christmas, with limited economic data revealing continued contraction in the US manufacturing sector. Gold prices stayed stagnant during thin holiday trading, weighed down by the Fed's cautious stance on reducing borrowing costs, keeping a bearish tone in the market.

PU Prime | 1 dag sedan

2025 Outlook: What is Next for Developed Economies and Currencies?

As the door closes in 2024, and while the year feels like it has passed in the blink of an eye, a lot has happened. If I had to summarise it all in four words, it would be: ‘a year of surprises’.

FP Markets | 2 dagar sedan

Daily Global Market Update

Gold, Euro, and Pound declined against the dollar, with negative technical signals. Bitcoin experienced mixed signals, with a slight drop despite an initial gain. US stocks rose on holiday-thin trading, buoyed by the funding bill and tech gains, particularly Apple. MicroStrategy continued its Bitcoin buying spree.

Moneta Markets | 2 dagar sedan

Wall Street Rebounds Ahead of Christmas Holiday

Wall Street closed higher in yesterday's session, ahead of the Christmas holiday, with many markets expected to be closed. The “Santa Claus” rally, a phenomenon where markets often close positively in the final week of the year, is likely to have a positive impact on equity markets in the coming days.

PU Prime | 2 dagar sedan

Daily Global Market Update

Oil-Dollar rose 0.5%, Stochastic positive. Aussie Dollar up 0.2%, ROC negative. Euro gained 0.6%, Ultimate Oscillator negative. Dollar-Yen fell 0.6%, Stochastic RSI overbought. China held lending rates. Neo to launch EVs in Europe. Wall Street surged on easing inflation. Gold soared, yields down.

Moneta Markets | 3 dagar sedan

Dollar Slides after Soft PCE Releases

The U.S. PCE reading released last Friday missed expectations, shifting market sentiment and introducing uncertainty at the start of the new trading week.

PU Prime | 3 dagar sedan

Daily Global Market Update

Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.

Moneta Markets | 6 dagar sedan

EURUSD	1.0411	GBPUSD	1.25228	AUDUSD	0.62184
USDJPY	157.569	USDCAD	1.44131	USDCHF	0.8994