Daily Market Analysis 04-09-2024

Finance and economics explained simply
Daily Market Analysis     04-09-2024

Market Overview

Bitcoin, Amazon, Australian Dollar, Gold prices declined. Indicators suggest oversold conditions for Bitcoin, Australian Dollar, positive for Amazon, negative for Gold. Global headlines include gold price decline, Boeing delay, Cardano decline. Key economic events include GDP data, factory orders, job openings, service PMI. Global stock futures and Treasury yields fell on Wednesday as a tech selloff raised concerns about the U.S. economic outlook.

Economic Calendar (GMT+1)

EURUSD Analysis

Chart Analysis

GBPUSD Analysis

Chart Analysis

GBPJPY Analysis

Chart Analysis

XAUUSD Analysis

Chart Analysis

WTI Analysis

Chart Analysis

Conclusion

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly. Join us as we explore the market daily: https://my.dbinvesting.com/links/go/955

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