Daily Global Market Update

Financial markets show declines in Pound/Dollar, Bitcoin/Dollar, oil prices, and the Aussie against the dollar. Mixed technical signals observed. Global headlines: token treasuries surge, Turkey raises interest rates. Key economic releases: US Baker Hughes Oil Rig Count, Germany's Ifo Business Climate, Japan's CFTC JPY NC Net Positions, UK's Retail Sales, and GfK Consumer Confidence.

Moneta Markets | Před 252 dny

Pound/Dollar Recent Slide

The Pound/Dollar pair fell by 1.1% in the last session. The RSI's negative signal aligns with the overall technical analysis.

Bitcoin's Downward Trend

The Bitcoin/Dollar pair declined by 0.9% in the last session. The Ultimate Oscillator is giving a positive signal.

Oil's Decline

Oil dropped by 0.9% against the dollar in the last session. The Stochastic indicator is giving a positive signal.

Aussie's Downward Movement

The Aussie fell by 0.4% against the dollar in the last trading session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis.

Global Financial Headlines

CoinGecko reports that in 2023, token treasuries surged from $114 million in January to $845 million by the end of the year, marking a 641% growth. Turkey's Central Bank raised interest rates by 500 basis points to 50%, citing a worsening inflation outlook. Oil prices rebounded after a previous session's fall, supported by declines in US crude and gasoline inventories, amidst concerns that the US Federal Reserve may maintain higher rates longer, affecting future fuel demand.

Upcoming Economic Highlights

Today's major economic releases include:

• US Baker Hughes US Oil Rig Count - 1700 GMT

• Germany's Ifo Business Climate - 0900 GMT

• Germany's Ifo Current Assessment - 0900 GMT

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

• UK's Retail Sales - 0700 GMT

• UK's GfK Consumer Confidence - 0001 GMT

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

Značky : Analýza

Thin liquidity and month-end could keep the dollar under pressure

US markets are in a festive mode, dollar is on the back foot; Thin liquidity could exacerbate market moves today; Loonie craves a strong GDP print; euro CPI could surprise on the downside; Tokyo CPI boosts the yen; the BoJ rate hike gains momentum

XM Group | Před 5 h 58 min

XRP soars, while Ethereum faces selling pressure

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: XRP soars, while Ethereum faces selling pressure

FxPro | Před 6 h 29 min

EBC Markets Briefing | Aussie muted against Kiwi amid tariff threat

The Aussie was flat against the Kiwi on Friday as the inflation gap narrowed, with Trump's tariff threats weighing on commodity currencies.

EBC Financial Group | Před 6 h 40 min

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.

PU Prime | Před 9 h 0 min