Daily Global Market Update

Bitcoin fell 2%. Amazon shares rose 1.7%. The Australian dollar gained 0.2%. Gold increased 0.8%. Oil prices fell due to rate concerns. The US dollar eased amid rising producer prices. The Solana mCoin parody GME hit $100 million market cap. Key economic events today include US CPI, US Retail Sales, Eurozone Employment Change, Industrial Production, and Japan's GDP.

Bitcoin's Recent Movement

The Bitcoin-USD pair experienced a decline of 2% in the last session. The Ultimate Oscillator is signaling a negative outlook.

 

 

Amazon Shares Rise

Amazon shares gained 1.7% in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Aussie's Slight Gain

The Aussie gained 0.2% against the dollar in the last trading session. The CCI is giving a negative signal.

 

 

Gold's Rise

The gold-dollar pair gained 0.8% in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Recent Developments in Financial News

Oil prices settled lower after US data stoked concerns that US interest rates may remain high. However, potential risks to supply from Middle East tensions and wildfires in Canada provided support to prices. The dollar eased following an unexpected increase in US producer prices in April, indicating stubbornly high inflation in the second quarter. Additionally, GME, an unofficial Solana mCoin parody of American gaming retailer GameStop, surpassed $100 million in market capitalization amid a trading frenzy of its namesake but unrelated entity.

 

Upcoming Economic Events

Here are today's major economic events:

• US Consumer Price Index - 1230 GMT

• US Retail Sales - 1230 GMT

• Eurozone's Employment Change - 0900 GMT

• Eurozone's Industrial Production - 0900 GMT

• Japan's Gross Domestic Product - 2350 GMT

• Japan's Gross Domestic Product (Annualized) - 2350 GMT

Vorschrift: FSA (Seychelles), FSCA (South Africa)
read more
Daily Global Market Update

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.
Moneta Markets | vor 2Std 24 Minuten
Gold Decline on Easing Geopolitical Tension

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.
PU Prime | vor 2Std 58 Minuten
How Global Economic Shifts Shape November's Trading Opportunities

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.
ACY Securities | vor 4Std 14 Minuten
How Low Could EUR/USD Go?

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.
ACY Securities | vor 4Std 15 Minuten
Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

As December approaches, global financial markets are gearing up for significant developments in the monetary policies of the world’s three major economies—the United States, the Eurozone, and Japan. A mix of rate adjustments, fiscal strategies, and macroeconomic signals is shaping the FX market, with traders and analysts keenly anticipating the outcomes.
ACY Securities | vor 4Std 21 Minuten
President Trump’s 25% Tariffs on Canada and Mexico: What’s the Market Impact?

President Trump’s 25% Tariffs on Canada and Mexico: What’s the Market Impact?

The international financial landscape is once again grappling with uncertainty after President-elect Donald Trump’s announcement of potential new tariffs. The proposals include a 10% levy on Chinese goods and a significant 25% tariff on imports from Canada and Mexico. These moves have sparked widespread debate, with markets responding in ways that highlight the intricate interplay between trade po
ACY Securities | vor 4Std 23 Minuten