Daily Global Market Update
Pound-Dollar Recent Movements
The pound dipped a slight 0.1% against the dollar in the last session. The ROC is giving a negative signal.
Bitcoin's Significant Drop
The Bitcoin-dollar pair dove 1.8% in the last session. The RSI is giving a positive signal.
Oil Market's Decline
The oil dipped a slight 0.2% against the dollar in the last session. The MACD is giving a positive signal.
AUD/USD Pair's Correction
The AUD/USD pair corrected downwards in the last session, falling 0.1%. The CCI is giving a negative signal.
Global Financial Headlines
Coinbase's Chief Legal Officer, Paul Gruel, announced that customers in New York could once again trade XRP on the crypto exchange after a 9-month hiatus. The UK's main stock indexes closed lower for a third consecutive session amid political uncertainty ahead of the UK elections in July, while news of slower growth across businesses in May weighed on sentiment. Oil prices fell about 1% to their lowest level since February, sliding for a fourth consecutive session as the prospect of higher longer US interest rates raised worries about demand growth in the world's biggest oil market.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• UK's Retail Sales - 0600 GMT
• UK's CFTC GBP NC Net Positions - 1930 GMT
• Japan CFTC JPY MC Net Positions - 1930 GMT
• US Durable Goods Orders - 1230 GMT
• US Non-Defense Capital Goods Orders - 1230 GMT
• Germany's Gross Domestic Product - 0600 GMT