Daily Global Market Update
Gold's Positive Signal
Gold rose by 0.5% against the dollar in the last trading session. The RSI indicator suggests a positive trend.
Euro's Positive Momentum
The EUR/USD pair gained 1% in the last session, peaking at a 1.4% increase. The Rate of Change (ROC) indicator is providing a positive signal.
Pound's Skyrocketing Session
The GBP/USD pair rose sharply by 1% in the last session. The Stochastic indicator signals further positive momentum.
Bitcoin's Strong Surge
Bitcoin surged by 2.1% against the dollar in the last session. The Stochastic indicator is signalling continued bullish momentum.
Global Financial Headlines
The FTSE 100 reached a record high for the second session as investors anticipated policy insights from Donald Trump's second term. Bitcoin briefly surged above $19,000, setting a new high ahead of Trump's inauguration. Oil prices fell after Trump's energy policy announcements, which included filling strategic reserves and boosting exports.
Upcoming Economic Highlights
Key economic events to watch include:
• US 6-Month Bill Auction - 1630 GMT
• US 3-Month Bill Auction - 1630 GMT
• Germany's ZEW Survey Current Situation - 10 GMT
• Eurozone ZEW Survey Economic Sentiment - 10 GMT
• UK's Claimant Count Rate - 7 GMT
• UK's Average Earnings Excluding Bonus - 7 GMT