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Daily Global Market Update July 18th, 2024

EUR/USD Pair's Uptick The EUR/USD pair rose by 0.3% in the last session. The RSI is giving a positive signal. USD/JPY Pair's Decline The USD/JPY pair fell by 1.3% in the last session. The RSI indicates a negative outlook. Gold's Minor Dip The gold-dollar pair fell by 0.3% in the last session. The MACD is giving a positive signal, indicating potential upcoming gains. Apple's Stock Minor Correction Apple's stock saw a minor correction, decreasing by 0.2% in the last session. The Williams %R indicator is giving a negative signal. Global Financial Headlines Yen strength continues amid suspected market intervention by Japanese officials. The NASDAQ fell sharply by over 2%, while the Dow Jones Industrial Average hit a record high. The UK's inflation rate remains steady at 2%, influencing investor expectations around Bank of England rate decisions. Upcoming Economic Highlights Here's a brief rundown of today's anticipated economic releases: • Japan's Foreign Bond Investment - 2350 GMT • UK's Claimant Count Change - 0600 GMT • Australia's Unemployment Rate - 0130 GMT • US Continuing Jobless Claims - 1230 GMT • Netherlands' Unemployment Rate - 0430 GMT

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Publication date:

2024-07-18 07:00:52 (GMT)

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