Daily Global Market Update

Pound-dollar dropped 1.1% with negative sentiment, Bitcoin down 0.4% in oversold market, oil-dollar rose 0.4% with negative MACD, and aussie-dollar plummeted 1.6%. Global news: Bitcoin under $27,000, UK economy up 0.2%, White House preps Russian oil sanctions. Upcoming: US Consumer Sentiment, Budget, Eurozone Production, Finland GDP, Japan & UK CFTC Positions.

Moneta Markets | Před 376 dny

Pound Dollar's Deep Dive

The pound-dollar pair experienced a notable drop of 1.1% during the last trading session. According to the Rate of Change (ROC), there is a negative sentiment towards the pair's performance.

Bitcoin's Consecutive Decline

Bitcoin faced a decline of 0.4% against the dollar in its recent session. The Williams indicator suggests the market is in an oversold condition.

Oil's Positive Momentum

The oil-dollar pair marked an elevation of 0.4% in the last trading session. However, the MACD suggests a negative signal.

Aussie's Drastic Fall

The aussie-dollar pair saw a sharp fall of 1.6% in its previous trading session. As indicated by the Williams Indicator, the market is currently oversold.

Global Financial Headlines

Bitcoin has continued its downward streak for five days, now trading below $27,000. The currency is down 2%, with the latest trading session seeing it hover around $26,600. Additionally, the UK economy has seen a slight rebound in August, with a 0.2% growth mainly attributed to the services sector's recovery. On the geopolitical front, in response to Russia's alleged premium pricing on oil relative to the G7 standard, the White House is preparing sanctions targeting Russian oil exports.

Upcoming Economic Highlights

Here are the key economic releases expected today:

• US Michigan Consumer Sentiment Index - 1400 hours GMT

• US Monthly Budget Statement - 1800 hours GMT

• Eurozone's Industrial Production - 0900 hours GMT

• Finland's Gross Domestic Product - 0500 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• UK's CFTC GBP DNC Net Positions - 2030 GMT

Regulace: FSA (Seychelles), FSCA (South Africa)

Značky : Analýza

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | Před 3 h 50 min

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | Před 4 h 15 min

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 | Před 4 h 55 min

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 | Před 7 h 42 min

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 | Před 8 h 4 min

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | Před 8 h 18 min

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 | Před 8 h 19 min

EBC Markets Briefing | Asian funds feel unsettled for the rest of 2024

A Bank of America survey found global investor sentiment at its most optimistic since June 2022, driven by rate cuts and China's stimulus plan.

EBC Financial Group | Před 1 dnem

EURUSD	1.07791	GBPUSD	1.2959	AUDUSD	0.6641
USDJPY	152.997	USDCAD	1.38338	USDCHF	0.86735