Daily Global Market Update
Gold's Upward Correction
The Gold/USD pair made a minor upward correction in the last session, gaining 0.11%. The Stochastic RSI is giving a positive signal.
Euro's Slight Dip
The EUR/USD pair dipped 0.1% against the dollar in the last session. The Stochastic indicator indicates an oversold market.
Pound's Sideways Movement
The GBP/USD pair traded sideways in the last session. The MACD is giving a negative signal.
Bitcoin's Significant Rise
The Bitcoin/USD pair skyrocketed 4.7% in the last session. The Ultimate Oscillator is giving a positive signal.
Global Financial Headlines
US stocks were led higher by technology shares, while crude prices dipped amid light Columbus Day trading. Bitcoin led weekly inflows with $419 million. Nvidia's stock climbed 2.8%, nearing record highs.
Upcoming Economic Highlights
Key economic events to look out for include:
• UK's Employment Change - 6 GMT
• US Red Book Index - 1255 GMT
• UK's Claimant Count Change - 6 GMT
• Germany's ZEW Survey Current Situation - 9 GMT
• Japan's Capacity Utilization - 430 GMT
• Eurozone's Industrial Production - 9 GMT
Daily Global Market Update
Daily Global Market Update
Gold Extends its Gain as Geopolitical Tension Heighten
The pound falls despite an acceleration in inflation
Gold Gain on Russia-Ukraine Tension
GBPUSD gains traction near familiar support area
Oil Rally on Russia-Ukraine Heighten Tension
