Daily Global Market Update
Bitcoin's Significant Drop
Bitcoin fell sharply by 2.5% against the dollar in the last session. The Stochastic indicator suggests that the market is currently overbought.
Google's Stock Minor Decline
Google's stock experienced a minor decline of 0.1% in the last session. The RSI indicates a negative signal.
AUD/USD Pair's Decline
The AUD/USD pair decreased by 0.3% in the last session. The Stochastic indicator is showing a negative signal.
Gold's Increment Against Dollar
Gold increased by 0.5% against the dollar in the last session. The RSI is giving a negative signal, indicating potential downward movement.
Global Financial Headlines
Oil prices dropped significantly by about 2% to a six-week low, influenced by ceasefire expectations in Gaza and ongoing demand concerns in China. The yen strengthened against the dollar after remarks from a senior Japanese politician suggested policy normalization. Ether ETFs have begun trading, with Bitwise recording significant early inflows.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• Japan's Jibun Bank Manufacturing PMI - 0300 GMT
• US New Home Sales - 1400 GMT
• Eurozone's Eurogroup Meeting - 0700 GMT
• UK's 30-Year Bond Auction - 0930 GMT
• Finland's Producer Price Index - 0500 GMT
• Japan's Jibun Bank Services PMI - 0300 GMT