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 | vor 5 Tagen

Pound's Sideways Movement

The GBP/USD pair traded sideways in the last session. The Stochastic indicator suggests that the market is currently oversold.

Bitcoin's Decline

The Bitcoin/USD pair plummeted by 1.3% in the last session. The MACD is indicating a negative signal.

Oil's Significant Rise

The Oil/USD pair rose by 2.8% in the last session, after gaining as much as 3.6% during the session. The Stochastic indicator is giving a positive signal.

Aussie Dollar's Modest Gain

The AUD/USD pair gained 0.3% against the dollar in the last session. According to the CCI, the market is currently oversold.

Global Financial Headlines

Bitcoin's price action has been negative since the start of the week, with over 63,000 BTC, valued at approximately $11.83 billion, sent to crypto exchanges starting on October 7th. Oil prices jumped about 4% due to a spike in US fuel use before Hurricane Milton hit Florida, along with Middle East supply risks and signs of growing energy demand in the US and China. Gold prices extended gains as traders anticipate a Federal Reserve interest rate cut next month, following the latest US economic data, with spot gold up 0.6%.

Upcoming Economic Highlights

Key economic events to look out for include:

• Finland's Current Account - 5 GMT

• UK's Industrial Production - 6 GMT

• US Michigan Consumer Sentiment Index - 14 GMT

• Japan's CFTC JPY NC Net Positions - 1930 GMT

• UK's Gross Domestic Product - 6 GMT

• US Producer Price Index - 1230 GMT

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

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 | vor 4Std 59 Minuten

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.

ACY Securities | vor 8Std 12 Minuten

Fall in Unemployment Supports Pound, But Concerns Grow

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Fall in Unemployment Supports Pound, But Concerns Grow

FxPro | vor 22Std 36 Minuten

GBPUSD holds near September’s support zone after mixed jobs data

GBPUSD stays directionless near September’s base. Technical signals cannot warrant an upside reversal.

XM Group | vor 1 Tagen

Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.

Moneta Markets | vor 1 Tagen

Wall Street Bullish as Market Confidence on Earnings Performance

Wall Street extended its gains, with the Dow Jones and S&P 500 both continuing to reach all-time highs as the U.S. equity market enters the Q3 earnings season.

PU Prime | vor 1 Tagen

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 | vor 2 Tagen

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 | vor 5 Tagen

EURUSD	1.08942	GBPUSD	1.30258	AUDUSD	0.6687
USDJPY	149.339	USDCAD	1.37865	USDCHF	0.86219