Daily Global Market Update

The GBP/USD pair rose due to overbought conditions. Bitcoin declined amid a negative trend. Oil prices fell due to oversupply and delayed OPEC+ production increases. The AUD/USD pair gained momentum. Bitcoin's dominance surged, and US labor market conditions eased. Key economic events include US Nonfarm Payrolls, Eurozone GDP, UK Manufacturing PMI, China's Trade Balance and Australia Retail Sales.

Moneta Markets | vor 5 Tagen

Pound's Positive Movement

The GBP/USD pair rose by 0.3% in the last trading session. The Williams Percent Range indicator suggests that the market is currently overbought.

Bitcoin's Minor Drop

Bitcoin paired with the dollar saw a minor decline of 0.2% in the last session. The MACD is indicating a negative trend.

Oil's Continued Weakness

The US Crude Oil pair dropped 0.5% in the last session following a 1.1% intraday dip. The Stochastic RSI suggests an oversold market.

Australian Dollar's Positive Signal

The AUD/USD pair edged higher by 0.2% in the last session. The Rate of Change (ROC) indicator provides a positive signal.

Global Financial Headlines

Bitcoin dominance has surged to 57% as the cryptocurrency hit an all-time high. Meanwhile, labour market data in the US indicates easing conditions as unemployment filings increased slightly last week. Oil prices continued to decline, weighed by an ample supply outlook for 2025 and OPEC+ delaying output increases until April next year.

Upcoming Economic Highlights

Key upcoming economic events include:

• US Nonfarm Payrolls - 1330 GMT

• Eurozone GDP Growth Rate - 1000 GMT

• UK Manufacturing PMI - 0930 GMT

• China's Trade Balance - 0300 GMT

• Australia Retail Sales - 0130 GMT

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

Australian Dollar Hits Four-Week Low Amid RBA Stance and US Dollar Strength

The AUD/USD pair continues its downward trajectory, reaching a four-week low of 0.6386 on Wednesday.

RoboForex | vor 16Std 0 Minuten

ATFX Market Outlook 10th December 2024

Opinion Today: Dow futures were little changed on Tuesday after Nasdaq Composite retreated from record highs, weighed down by a sharp decline in Nvidia.WTI crude oil futures climbed above $68 per barrel, driven by optimism over China's shift toward a looser monetary policy and geopolitical uncertainty in the Middle East. Gold price trades below the two-week top; the downside seems protected

ATFX | vor 18Std 24 Minuten

All Eye on Today’s CPI

Wall Street struggled for direction on Tuesday as investors awaited the U.S. Consumer Price Index (CPI) report, expected to offer critical insights into the Federal Reserve’s monetary policy outlook. A higher-than-anticipated CPI reading could strengthen the U.S. dollar and weigh on equity markets as concerns over extended tightening persist.

PU Prime | vor 1 Tagen

Daily Global Market Update

Gold up, Euro and Pound flat. Bitcoin down. Wall Street falls on Nvidia and inflation worries. Crypto investment surges as Bitcoin hits record high. Oracle misses earnings. Key economic events: US inflation, UK production, Japan's GDP, Eurozone and German industrial data, German consumer confidence.

Moneta Markets | vor 1 Tagen

Gold Surge on Rising Geopolitical Issues

Gold surged to a two-week high, reflecting heightened demand for safe-haven assets amid rising geopolitical uncertainties.

PU Prime | vor 1 Tagen

ATFX Market Outlook 9th December 2024

US stock futures were little changed on Monday as investors await crucial inflation data later this week, which could influence the Federal Reserve's next interest rate decision. Gold remains a haven amid rising geopolitical tensions and inflation fears. Crude Oil slides more than 1% on Friday and is set to close off the week in the red.

ATFX | vor 2 Tagen

Daily Global Market Update

Oil-dollar pair and AUD/USD fell, oversold. EUR/USD corrected slightly, positive signal. USD/JPY sideways, oversold. S&P 500 strong, TikTok divestment, China's gold buying. Watch Japan's labor earnings, Eurozone unemployment, Germany's industrial production, and US core inflation.

Moneta Markets | vor 2 Tagen

Dollar Rises on Jobs Data; Yen Gains on GDP Growth

The US Dollar Index strengthened on Friday, driven by robust economic data that highlighted resilience in the US economy. Nonfarm Payrolls rose to 227K, exceeding expectations, while Average Hourly Earnings increased by 0.40%. With the Unemployment Rate steady at 4.2%, market participants are now eyeing Wednesday's Consumer Price Index (CPI) release for further clues on inflation and potential mon

PU Prime | vor 3 Tagen

EURUSD	1.05066	GBPUSD	1.27649	AUDUSD	0.64153
USDJPY	152.225	USDCAD	1.41478	USDCHF	0.88405