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 6 h 0 min

Bitcoin's Modest Gain

The Bitcoin/USD pair gained 0.1% in the last session after experiencing a 1.1% dip during the session. The Rate of Change (ROC) indicator is giving a positive signal.

 

 

NIO's Stock Movement

NIO stock gained 0.9% in the last session after rising as much as 3.5% during the session. The Stochastic indicator suggests the market is oversold.

 

 

Aussie Dollar's Positive Signal

The AUD/USD pair gained 0.4% in the last session. The Stochastic RSI is giving a positive signal.

 

 

Gold's Positive Trend

Gold rose 0.9% against the dollar in the last trading session. The MACD is giving a positive signal.

 

 

Global Financial Headlines

Oil prices rose for the second consecutive session as traders downplayed hopes of a Middle East ceasefire and focused on a tightening global supply and demand balance. The US dollar rose to a fresh 2.5-month high, continuing its recent rise on expectations the Federal Reserve will temper its rate cut path while investors positioned ahead of a tight US presidential election. Cryptocurrency exchanges Binance and Crypto.com are losing market share to smaller competitors as decentralised exchanges gain momentum. Binance, the world's biggest crypto exchange, saw a 133% year-over-year decline in spot trading volume.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Fed's Beige Book - 18:00 GMT

• US MBA Mortgage Applications - 11:00 GMT

• Eurozone's Consumer Confidence - 14:00 GMT

• Germany's 10Y Bond Auction - 09:30 GMT

• Japan's Foreign Bond Investment - 23:50 GMT

• Japan's Foreign Investment in Japan Stocks - 23:50 GMT

Regulace: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.
Moneta Markets | Před 7 dny
Dollar Holds Firm, But Will the Strength Persist?

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.
PU Prime | Před 9 dny
Oil Prices Surge on Heightened Geopolitical Tension

Oil Prices Surge on Heightened Geopolitical Tension

Oil experienced heightened volatility in yesterday's session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to global oil supply.
PU Prime | Před 12 dny
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut.
Moneta Markets | Před 12 dny