Market Overview
Oil prices rose slightly, but the market is overbought. The Australian dollar and euro traded sideways with positive indicators. The Japanese yen remained stable. Gold reached a new high amid rate cut expectations and Middle East tensions. FedEx shares plunged due to disappointing earnings. The S&P 500 hit a new record, but economic data and political uncertainty may impact future performance. Eurozone PMIs dip into contraction zone, euro takes a dive. Stocks mixed as weak PMIs offset optimism about China stimulus. Dollar edges up as after Waller comments; Powell and PCE inflation eyed next.
Economic Calendar (GMT+1)
Analysis of EURUSD
Chart Analysis
Analysis of GBPUSD
Chart Analysis
Analysis of GBPJPY
Chart Analysis
Analysis of XAUUSD
Chart Analysis
Analysis of WTI
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 more of this daily: https://my.dbinvesting.com/links/go/955
