Daily Global Market Update

Bitcoin and Apple stocks dipped slightly; EUR/USD and gold-dollar prices remained stable. Sterling hit a 5-month low against the dollar due to UK unemployment data. Crypto.com plans significant hiring. Economic events include data releases from Japan, UK, Eurozone, Austria, and the US Federal Reserve.

Moneta Markets | 225 days ago

Bitcoin's Recent Movement

Bitcoin dropped by 0.4% against the dollar in the last session. The ROC is giving a positive signal.

Apple Stock Analysis

Apple stock dropped by 2% in the last session. The stochastic indicator is giving a positive signal, contrary to our overall technical analysis.

EUR/USD Pair Analysis

The EUR/USD pair fell by 0.5% in the last session. The ultimate oscillator is giving a negative signal, aligning with our overall technical analysis.

Gold-Dollar Price Analysis

The gold-dollar price remained largely unchanged in the last session. The RSI is giving a negative signal.

Recent Financial News

Apple stock dropped 2% in the last session. The stochastic indicator is giving a positive signal, contrary to our overall technical analysis. Sterling stayed at a 5-month low versus the dollar after data showed Britain's unemployment rate rose by more than expected. The pound touched its lowest since November the 17th. Crypto.com CEO reportedly said the exchange has been adding people to its staff in a move that could increase the number of employees by roughly 1,400. Many major crypto and technology companies announced significant layoffs in 2022 and early 2023 amid a market downturn, resulting in many firms filing for bankruptcy.

Upcoming Economic Events

Here's a brief rundown of today's most important economic events:

• Japan's Foreign Investment in Japan Stocks - 2350 GMT

• UK's Consumer Price Index - 600 GMT

• Eurozone's Harmonized Index of Consumer Prices - 900 GMT

• Austria's HICP - 700 GMT

• US Fed's Beige Book - 1800 GMT

• US MBA Mortgage Applications - 1100 GMT

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Tags: Analysis EURUSD

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | 16h 17min ago

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | 16h 50min ago

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | 18h 7min ago

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | 18h 8min ago

Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

As December approaches, global financial markets are gearing up for significant developments in the monetary policies of the world’s three major economies—the United States, the Eurozone, and Japan. A mix of rate adjustments, fiscal strategies, and macroeconomic signals is shaping the FX market, with traders and analysts keenly anticipating the outcomes.

ACY Securities | 18h 14min ago

EUR/USD Steady Ahead of Major US Data Releases

EUR/USD remains stable at around 1.0483 as markets digest the implications of the latest FOMC minutes.

RoboForex | 1 day ago

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.

PU Prime | 1 day ago

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.

Moneta Markets | 2 days ago

EURUSD	1.05546	GBPUSD	1.26836	AUDUSD	0.64949
USDJPY	151.511	USDCAD	1.40097	USDCHF	0.88267