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Daily Global Market Update 09/05/2024

Euro Dollar Pair's Sideways Movement The euro-dollar pair traded sideways in the last session. The Williams indicator is signaling a negative outlook. Dollar's Gain Against the Yen The dollar gained 0.4% against the yen in the last session. The Rate of Change (ROC) indicator is giving a positive signal. Gold's Slight Dip Gold dipped slightly by 0.2% against the dollar in the last session. The stochastic RSI indicates an oversold market. Nike Shares' Gain Nike shares gained 0.4% in the last session. The MACD is giving a positive signal. World Financial Headlines Airbnb reported a higher quarterly profit boosted by increased international travel. North American bookings decelerated, with shares up 3% after the Bell. The Dow Jones Industrial Average closed higher for the sixth straight day, while other Wall Street benchmarks cooled as momentum stalled. In Europe, the main index reached a record high, driven by strong earnings from companies like Anheuser-Busch InBev and Germany's Siemens Energy. Upcoming Economic Events Here are today's key economic releases: • Japan's Labor Cash Earnings - 2330 GMT • US Continuing Jobless Claims - 1230 GMT • US Initial Jobless Claims - 1230 GMT • Ireland's HICP - 1000 GMT • Japan's Current Account - 2350 GMT • Ireland's Consumer Price Index - 1000 GMT

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Publication date:

2024-05-09 09:41:58 (GMT)

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