{"id":108696,"date":"2024-11-27T00:11:15","date_gmt":"2024-11-26T20:11:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=108696"},"modified":"2024-11-27T00:15:02","modified_gmt":"2024-11-26T20:15:02","slug":"market-drivers-us-session-23","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-us-session-23\/11\/27\/market-updates\/","title":{"rendered":"Market Drivers; US Session"},"content":{"rendered":"\n<p><strong>Dollar Strengthens as Trump Proposes Tariffs<\/strong><\/p>\n\n\n\n<p>The US Dollar rallied on Tuesday, recovering from a bearish start to the week. A modest uptick in US Treasury yields and the announcement of potential tariffs on imports from key trading partners contributed to the Dollar\u2019s strength.<br><br><strong>Key Economic Events<\/strong><\/p>\n\n\n\n<p><strong>US<\/strong>: The US Personal Consumption Expenditure (PCE) price index will be closely watched, along with other economic indicators like mortgage applications, manufacturing data, consumer spending, and jobless claims.<br><br><strong>Europe<\/strong>: German consumer confidence and a speech by European Central Bank (ECB) Executive Board Member Philip Lane will be in focus.<br><br><strong>UK<\/strong>: The Pound Sterling remained under pressure, influenced by global market sentiment and the Dollar\u2019s strength.<br><br><strong>Japan<\/strong>: The Japanese Yen strengthened, weighing on the USD\/JPY pair.<br><br><strong>Australia<\/strong>: The Australian Dollar declined due to weaker commodity prices and concerns about global economic growth.<br><br><strong>Commodities<\/strong>: Crude oil prices fell as geopolitical tensions eased. Gold and silver prices recovered slightly from recent losses.<br> <br><strong>Also Read: <br><\/strong><a href=\"https:\/\/noortrends.ae\/en\/investors-await-fomc-minutes-core-pce\/11\/26\/market-updates\/\">Investors Await FOMC Minutes, Core PCE<\/a><\/p>\n\n\n\n<p>Dollar Dithers: Greenback Trapped in a Tug-of-War<\/p>\n\n\n\n<p><a href=\"https:\/\/noortrends.ae\/en\/us-stock-market-eyes-fresh-record-as-wall-street-shrugs-off-trumps-tariff-threat\/11\/26\/market-updates\/\">US Stock Market Eyes Fresh Record as Wall Street Shrugs Off Trump\u2019s Tariff Threat<\/a><br><\/p>\n\n\n\n<p><a href=\"https:\/\/noortrends.ae\/en\/gold-stabilizes-after-ceasefire-hopes-trumps-tariff-threats\/11\/26\/market-updates\/\">Gold Stabilizes After Ceasefire Hopes, Trump\u2019s Tariff Threats<\/a><br><\/p>\n\n\n\n<p><a href=\"https:\/\/noortrends.ae\/en\/is-bitcoin-facing-a-sign-of-impending-correction\/11\/26\/market-updates\/\">Bitcoin\u2019s Diamond Hands Weaken: A Sign of Impending Correction?<\/a><br><\/p>\n\n\n\n<div class=\"post-thumbnail tie-appear\" style=\"padding: 0px; margin: 0px 10px 0px 0px; outline-style: none; outline-width: initial; list-style: none; border: 0px none; box-sizing: border-box; position: relative; line-height: 0; float: left; opacity: 1; transition: 0.4s ease-in-out; color: rgb(51, 51, 51); font-family: Tahoma, Geneva, sans-serif; font-size: 13px; white-space-collapse: collapse;\"><\/div><div class=\"post-thumbnail tie-appear\" style=\"padding: 0px; margin: 0px 10px 0px 0px; outline-style: none; outline-width: initial; list-style: none; border: 0px none; box-sizing: border-box; position: relative; line-height: 0; float: left; opacity: 1; transition: 0.4s ease-in-out; color: rgb(51, 51, 51); font-family: Tahoma, Geneva, sans-serif; font-size: 13px; white-space-collapse: collapse;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dollar Strengthens as Trump Proposes Tariffs The US Dollar rallied on Tuesday, recovering from a bearish start to the week. A modest uptick in US Treasury yields and the announcement of potential tariffs on imports from key trading partners contributed to the Dollar\u2019s strength.Key Economic Events US: The US Personal Consumption Expenditure (PCE) price index &hellip;<\/p>\n","protected":false},"author":13,"featured_media":52661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7046,6871],"class_list":["post-108696","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-sterling","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=108696"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108696\/revisions"}],"predecessor-version":[{"id":108704,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/108696\/revisions\/108704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52661"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=108696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=108696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=108696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}