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Daily Global Market Update

Euro's Oversold Market

The EUR/USD pair fell by 0.7% in the last session. The Williams Percent Range indicator signals that the market is currently oversold.



Dollar's Positive Momentum

The USD/JPY pair gained 0.3% in the last session. The MACD is giving a negative signal, indicating potential bearish momentum.



Gold's Positive Signal

Gold rose by 0.5% against the dollar in the last session. The Stochastic RSI is indicating a positive signal, suggesting potential upward momentum.



Amazon's Bearish Trend

Amazon's stock dropped 1% in the last session. The Stochastic indicator is signalling a negative trend, pointing towards potential further declines.



Global Financial Headlines

Global shares edged lower amid renewed geopolitical tensions between Russia and the West. Bitcoin reached a record high, and the US dollar strengthened following renewed post-election rallies. British inflation exceeded expectations, rising back above the Bank of England’s 2% target at 2.3% annually, as underlying price growth also accelerated.


Upcoming Economic Highlights

Key economic events to watch for include:

  • US Consumer Sentiment Index – 1500 GMT
  • Eurozone Industrial Production – 1000 GMT
  • UK Unemployment Rate – 0700 GMT
  • Japan Machinery Orders – 2330 GMT
  • US Initial Jobless Claims – 1230 GMT