Daily Global Market Update

Gold, Bitcoin see gains; EUR/USD flat; GBP/USD overbought. Wall Street up on positive news. US retail sales, Germany ZEW survey on tap today.

Moneta Markets | 94 days ago

Gold's Positive Trend Continues

Gold experienced a 0.5% increase against the dollar in the last session. The RSI is giving a positive signal, suggesting further potential gains.

EUR/USD Market Stalls

The EUR/USD pair traded sideways in the last session. The MACD is giving a positive signal, indicating stability in the current trend.

GBP/USD in Overbought Territory

The GBP/USD pair traded sideways in the last session, with the Stochastic indicator signalling that the market is overbought.

Bitcoin Surges

Bitcoin soared by 4.6% against the dollar in the last session. The Stochastic indicator is giving a strong positive signal, highlighting bullish momentum.

Global Financial Headlines

Wall Street continues to react positively, with stock indices climbing higher due to favourable political developments and increased investor confidence in digital assets. Notably, Apple's stock reached a new high, driven by promising developments in AI technology.

Upcoming Economic Highlights

Today's key economic events include the US retail sales report, several important surveys from Germany and Japan, and updates on US import and export prices.

• US Retail Sales - 1230 GMT

• Eurozone Eco Fin Meeting - 0700 GMT

• Japan's Tertiary Industry Index - 0430 GMT

• Germany's ZEW Survey Current Situation - 0900 GMT

• Export Price Index - 1230 GMT

• US Import Price Index - 1230 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Daily Global Market Update

The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.

Moneta Markets | 22h 32min ago

Daily Global Market Update

Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index,

Moneta Markets | 1 day ago

Dow Jones Set New High on Earnings Optimism

The Dow Jones continues its upward momentum, reaching a new all-time high as the market enters the 3rd quarter earnings season. Strong performances from mega-cap banks

PU Prime | 1 day ago

Pound Suppressed by Weak Inflation

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Pound Suppressed by Weak Inflation

FxPro | 2 days ago

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.

RoboForex | 2 days ago

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.

ACY Securities | 3 days ago

Fall in Unemployment Supports Pound, But Concerns Grow

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Fall in Unemployment Supports Pound, But Concerns Grow

FxPro | 3 days ago

GBPUSD holds near September’s support zone after mixed jobs data

GBPUSD stays directionless near September’s base. Technical signals cannot warrant an upside reversal.

XM Group | 3 days ago

EURUSD	1.08668	GBPUSD	1.3051	AUDUSD	0.67015
USDJPY	149.524	USDCAD	1.37843	USDCHF	0.8645