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Daily Global Market Update October 31st, 2024

Euro's Positive Movement The Euro gained 0.3% against the dollar in the last session. The Ultimate Oscillator is giving a positive signal. Dollar-Yen's Sideways Trend The USD/JPY pair traded sideways in the last session. The Rate of Change (ROC) is giving a positive signal. Gold's Upward Movement Gold rose 0.3% against the dollar in the last trading session. The RSI indicates an overbought market. Tesla's Stock Performance Tesla's stock gained 1% in the last session. The Ultimate Oscillator is giving a negative signal. Global Financial Headlines The Canadian dollar strengthened modestly against its US counterpart as oil prices rose. US stock indexes were mixed, with the Dow gaining and the tech-heavy NASDAQ falling. Shares of Alphabet rose 4.1% after beating expectations for Q3 revenue and profit. German inflation rose more than expected in October to 2.4%. Upcoming Economic Highlights Key economic events to look out for include: • US Initial Jobless Claims - 12:30 GMT • Australia's Retail Sales - 03:30 GMT • Australia's Export Price Index - 03:30 GMT • US Personal Income - 12:30 GMT • Eurozone's Unemployment Rate - 10:00 GMT • Japan's BOJ Interest Rate Decision - 03:00 GMT

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Publication date:

2024-10-31 09:42:56 (GMT)

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