Daily Global Market Update
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