Daily Global Market Update

Pound dips, Bitcoin falls, Oil rises, Aussie drops. North Korean hackers launder $12M in Ether. China keeps key rate. Economic data from France, Japan, US, Finland, UK.

Pound's Recent Decline

The Pound experienced a decrease of 0.3% against the dollar in the last trading session. The Williams indicator is signalling a negative outlook.

 

 

Bitcoin's Dramatic Drop

The Bitcoin-dollar pair saw a significant drop of 2.2% in the last session. The MACD is giving a positive signal.

 

 

Oil's Surge

The oil-dollar pair surged by 1.4% in the last session. The RSI is indicating a positive market.

 

 

Aussie's Downturn

The Australian dollar fell by 0.6% against the US dollar in the last session. The Stochastic RSI is signalling a negative outlook.

 

 

Global Financial Headlines

North Korean hackers, tied to the infamous Lazarus group, have used coin mixing service Tornado Cash to launder $12 million worth of Ether in 24 hours. More than 40 transactions have been sent by the Lazarus group to Tornado Cash on March 13th and March 14th. China's Central Bank is expected to leave a key policy rate unchanged today amid uncertainty over the timing of expected Federal Reserve interest rate cuts. Oil prices climbed, supported by strong demand in the US after gasoline stocks hit a 3-month low and crude stockpiles dropped unexpectedly, with supply concerns remaining after Ukrainian attacks on Russian refineries.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• French Consumer Price Index - 0745 GMT

• Japan's Tertiary Industry Index - 0430 GMT

• US Industrial Production - 1315 GMT

• Finland's Gross Domestic Product - 0600 GMT

• UK's CFTC GBP NC Net Positions - 2030 GMT

• UK's Consumer Inflation Expectations - 0930 GMT

Reglamento: FSA (Seychelles), FSCA (South Africa)
read more
Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.
PU Prime | hace 12h 53min
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.
Moneta Markets | hace 14h 8min
Dollar extends retreat ahead of US Thanksgiving

Dollar extends retreat ahead of US Thanksgiving

Dollar traders lock more profits amid Thanksgiving Holidays - Probability of a December Fed pause eases somewhat - Yen climbs higher as BoJ hike bets remain elevated - Euro rebounds on ECB Schnabel’s hawkish remarks
XM Group | hace 1