Daily Global Market Update

Pound up 0.1%, Bitcoin down 0.3%, Oil gained 0.3%, Aussie Dollar stable, BNB surged past $380. Gold and oil rose on weaker dollar, geopolitical tensions. Economic events: U.S. Baker Hughes Oil Rig Count, Eurozone Ecofin Meeting, Germany GDP, Japan CFTC JPY net positions, UK GfK Consumer Confidence, UK CFTC GBP net positions.

Moneta Markets | vor 243 Tagen

Pound Dollar's Slight Ascend

The Pound Dollar pair experienced a modest increase, rising by 0.1% in the last session. The Williams Percent Range indicator suggests a bullish outlook for the pair.

Bitcoin's Downtrend

Bitcoin retreated by 0.3% against the dollar in the recent session. The Rate of Change (ROC) indicator is currently signaling a negative trend for the cryptocurrency.

Oil's Positive Momentum

Oil prices saw a gain of 0.3% against the dollar in the last trading session. The positive signal from the Rate of Change (ROC) indicator aligns with the general technical analysis, suggesting an uptrend.

Aussie Dollar Stands Firm

The Australian Dollar remained mostly stable in the last session, with the Relative Strength Index (RSI) emitting a bullish signal, suggesting potential upward movement.

Global Financial Headlines

BNB's price surge to over $380, marking its highest point since November 2020, reflects the market's recovery from recent regulatory concerns. Gold and oil prices have witnessed an uptick, driven by a weaker dollar and geopolitical tensions, alongside anticipations of increased demand from the U.S., the world's largest oil consumer.

Today's Economic Events

Noteworthy economic events include the U.S. Baker Hughes Oil Rig Count, Eurozone's Ecofin Meeting, Germany's GDP data, Japan's CFTC JPY net positions, the UK's GfK Consumer Confidence, and the UK CFTC GBP net positions.

• US Baker Hughes US Oil Rig Count - 1800 GMT

• Eurozone Ecofin Meeting - 0700 GMT

• Germany Gross Domestic Product - 0700 GMT

• Japan CFTC JPY NC Net Positions - 2030 GMT

• UK GfK Consumer Confidence - 0001 GMT

• UK CFTC GBP NC Net Positions - 2030 GMT

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

Tags: Analyse

Loonie Stops Falling in Anticipation of the Rate Decision

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Loonie Stops Falling in Anticipation of the Rate Decision

FxPro | vor 5Std 35 Minuten

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 | vor 9Std 38 Minuten

Crypto market undergoes correction

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

FxPro | vor 10Std 3 Minuten

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 | vor 10Std 43 Minuten

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 | vor 13Std 31 Minuten

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 | vor 13Std 52 Minuten

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 | vor 14Std 7 Minuten

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 | vor 14Std 7 Minuten

EURUSD	1.07833	GBPUSD	1.29275	AUDUSD	0.66283
USDJPY	152.582	USDCAD	1.38387	USDCHF	0.86653