Daily Global Market Update

Gold and Bitcoin have shown positive movements, while the Euro, Pound, and Wall Street indices have experienced declines. The CCI for Gold and the Stochastic for Bitcoin indicate bullish trends. The Williams Percent Range for the Euro and the Ultimate Oscillator for the Pound suggest oversold conditions. Investors are awaiting inflation data and the Federal Reserve's interest rate decision.

Gold's Positive Movement

The Gold/Dollar pair gained 0.3% in the last session. The Commodity Channel Index (CCI) is giving a positive signal.

 

 

Euro's Decline Against the Dollar

The EUR/USD pair dropped 0.4% in the last session. The Williams Percent Range indicator suggests an oversold market.

 

 

Pound's Downward Movement

The GBP/USD pair dropped 0.4% in the last session. The Ultimate Oscillator is giving a negative signal.

 

 

Bitcoin's Significant Rise

The Bitcoin/Dollar pair skyrocketed 4.8% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

Wall Street's three major indexes gained more than 1% as investors sought bargains after the previous week's selloff. They are also awaiting inflation reports and the Federal Reserve's next policy decision. Cryptocurrency exchange GVT has secured a contractual agreement of $3.3 billion in monthly trading volume from popular market makers ahead of its anticipated main net launch. Boeing shares rose 3.7% after the plane maker and its biggest union reached a tentative deal covering more than 32,000 workers, marking the first major negotiation by new CEO Kelly Ortberg.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US NFIB Business Optimism Index - 10:00 GMT

• Dutch Consumer Price Index - 04:30 GMT

• US Red Book Index - 12:55 GMT

• UK Employment Change - 06:00 GMT

• UK Claimant Count Change - 06:00 GMT

• Germany's Harmonised Index of Consumer Prices - 06:00 GMT

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Market Update: March 11, 2025

Market Update: March 11, 2025

As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism.
Moneta Markets | 8h 26min ago
Market Update: March 11, 2025

Market Update: March 11, 2025

As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism. Here’s a breakdown of the key developments shaping the market today:
Moneta Markets | 8h 26min ago
Market Update: March 11, 2025

Market Update: March 11, 2025

As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism. Here’s a breakdown of the key developments shaping the market today:
Moneta Markets | 8h 26min ago
ATFX Market Outlook 10th March 2025 

ATFX Market Outlook 10th March 2025 

In February, the U.S. added 151,000 nonfarm payrolls, below the 160,000 estimates, with the unemployment rate rising to 4.1%. Average hourly earnings increased by 0.3% month-over-month. Fed Chairman Powell indicated no rush for interest rate cuts, citing potential tariff inflation.
ATFX | 11h 42min ago
ATFX Market Outlook 7th March 2025 

ATFX Market Outlook 7th March 2025 

The U.S. will release the February non-farm payrolls report tonight, expecting a job increase 159,000. The unemployment rate is steady at 4%, and average hourly wage YoY growth is 4.1%. This report is crucial for investors evaluating recent economic data and could impact on perceptions of when the Federal Reserve might cut interest rates, influencing market sentiment.
ATFX | 11h 42min ago
ATFX Market Outlook 6th March 2025 

ATFX Market Outlook 6th March 2025 

In overnight news, US ADP private employment increased by only 77,000 in February, signaling a slowdown in growth. The US ISM Services PMI rose to 53.5 from 52.8, while the Federal Reserve's Beige Book noted a slight upturn in economic activity, though concerns about tariffs are growing.
ATFX | 11h 42min ago