Daily Global Market Update

Bitcoin dropped 1.5%, possibly oversold. Google stock rose 1% but signals potential downward pressure. AUD/USD stable, hints at upward movement. Gold up 0.3%, but may reverse. Oil prices surged $1 on OPEC+ supply expectations. US Treasury auctions weak, impacting dollar and yields.

Moneta Markets | 182 days ago

Bitcoin's Significant Drop

Bitcoin's value against the dollar plummeted by 1.5% in the last session. The Stochastic indicator is signaling that the market could be oversold, suggesting a negative outlook for the cryptocurrency.

Google's Stock Progress

Google's stock experienced an increase of 1% in the last session. The Stochastic RSI indicates a negative signal, suggesting potential downward pressure despite the recent gain.

Stability in AUD/USD

The AUD/USD pair remained largely unchanged in the last session. The Stochastic RSI is currently providing a positive signal, hinting at potential upward movement.

Gold's Minor Gain Amid Market Volatility

Gold increased by 0.3% against the dollar in the last session. The Stochastic indicator shows a negative signal, which may suggest a potential reversal or consolidation in the near term.

Global Financial Headlines

Oil prices rose sharply, gaining more than $1 a barrel with expectations that OPEC+ will maintain supply curbs. Additionally, the start of the US summer driving season and a weaker dollar have contributed to the price increase. In other news, the US Treasury saw weak demand in recent bond auctions, affecting the dollar and treasury yields.

Upcoming Economic Highlights

Here is a brief rundown of today's major economic events:

• Australia's Construction Work Done - 0130 GMT

• Japan's Foreign Bond Investment - 2350 GMT

• Germany's Harmonized Index of Consumer Prices - 1200 GMT

• US Federal Reserve's Beige Book - 1800 GMT

• Japan's Consumer Confidence - 0500 GMT

• US MBA Mortgage Applications - 1100 GMT

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Tags: Analysis AUDUSD

Daily Global Market Update

Bitcoin faces a bearish trend, while Alibaba Bar stock shows potential for upward movement. The Aussie Dollar is correcting downwards but may recover, and Gold is on an upward trajectory. Global markets are influenced by geopolitical tensions and economic indicators. Key economic events this week include Japanese and European data releases.

Moneta Markets | 13h 18min ago

Daily Global Market Update

Oil rallied, Aussie Dollar dipped, Euro weakened, Dollar-Yen corrected. Global stocks surged, led by tech optimism. Bitcoin nears $100K, market awaits US policy shifts. Key economic data from Japan, US, Eurozone, and Germany due.

Moneta Markets | 2 days ago

What’s Next for USD, CAD, and AUD?

The FX market has been showing some volatility, with the U.S. Dollar (USD) showing signs of softening amidst varying economic signals. The slight dip in the USD's strength was influenced by inconsistent Treasury yields and a relatively quiet economic calendar for this week.

ACY Securities | 2 days ago

Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.

Moneta Markets | 5 days ago

AUD/USD Consolidates After Recent Gains

The Australian dollar against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart.

RoboForex | 7 days ago

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.

PU Prime | 7 days ago

Daily Global Market Update

Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.

Moneta Markets | 7 days ago

Oil Rally on Russia-Ukraine Heighten Tension

Oil prices continued to rally amid escalating geopolitical tensions in Eastern Europe, as the U.S. greenlit Ukraine's use of long-range missiles.

PU Prime | 8 days ago

EURUSD	1.05651	GBPUSD	1.26743	AUDUSD	0.64963
USDJPY	150.931	USDCAD	1.40285	USDCHF	0.8816