Daily Global Market Update

Bitcoin dipped slightly (-0.1%), Tesla stock rose (1.9%) with a bearish outlook, Aussie dollar grew (0.4%) with bullish momentum, Gold rose (0.1%) with a bullish trend. Saudi Arabia cut exports, US dollar stable, UK pound weakened, EU approved data sharing rules. Upcoming: Japan's exports, UK's CPI, Eurozone's HICP, Japan's imports, Austria's HICP, and US Housing Starts.
Moneta Markets | 371 dias atrás

Bitcoin's Minimal Dip

Bitcoin registered a marginal decline of 0.1% against the dollar in the last session. The ROC indicates a favourable environment.

 

 

Tesla's Stock Performance

Tesla's stock witnessed an ascent of 1.9% in the preceding trading session. However, the RSI suggests a bearish outlook.

 

 

Aussie's Encouraging Performance

The Australian dollar marked a 0.4% growth against the US dollar in the latest session. The CCI indicates a bullish momentum.

 

 

Gold's Slight Upward Movement

The gold-dollar pair experienced a subtle rise of 0.1% in the recent trading window. The ROC is suggesting a bullish trend.

 

 

Global Financial Updates

Saudi Arabia has curtailed its crude oil exports to their lowest in 28 months, standing at 5.58 million barrels per day. The US dollar remained relatively stable, reflecting investor sentiments on the Middle East and anticipated announcements from Central Bank officials. Concurrently, the British pound retreated due to a weakening labour market. The European Union has formally approved rules to facilitate data sharing concerning individual holdings. This regulation will come into force 20 days post its publication in the EU's official journal.

 

Upcoming Economic Releases

On the economic front, the following announcements are expected:

• Japan's Exports - 2350 hours GMT

• UK's Consumer Price Index - 0600 hours GMT

• Eurozone's Harmonised Index of Consumer Prices - 0900 hours GMT

• Japan's Imports - 2350 hours GMT

• Austria's HICP - 0700 hours GMT

• US Housing Starts - 1230 hours GMT

Regulamento: FSA (Seychelles), FSCA (South Africa)
read more
Dollar, gold and US yields continue to rise

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer
XM Group | 6h 54min atrás
U.S Dollar Jumps on Heightens Treasury Yield

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.
PU Prime | 9h 42min atrás
Daily Global Market Update

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.
Moneta Markets | 10h 4min atrás
US Dollar Gains Amid Higher Yields and Political Uncertainty

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.
ACY Securities | 10h 19min atrás