Daily Global Market Update

Pound falls 0.3%, Bitcoin drops 2.1%, Oil gains 0.1%. Aussie dollar steady. Gemini to return $1.1bn; US inflation may prompt Fed cut. Key economic data: US ISM PMI, UK GBP, Japan PMI, Eurozone CPI.

Moneta Markets | il y a 236

Pound's Recent Slide

The pound experienced a decline of 0.3% against the dollar in the last trading session. An analysis using the Ultimate Oscillator suggests a negative market signal.

Bitcoin's Notable Decline

Bitcoin, paired with the dollar, plummeted 2.1% in the last session. The MACD is giving a positive signal, aligning with our overall technical analysis.

Oil's Slight Increase

The oil paired with the dollar rose 0.1% in the last session, with gains reaching up to 1.4% during the session. The CCI indicates an overbought market.

Aussie Dollar's Stagnation

The Australian dollar price remained largely unchanged in the last session. The stochastic indicator is giving a negative signal.

Global Financial Headlines

Gemini Trust has agreed to return at least $1.1 billion to customers of its recently shuttered lending program, following a settlement with a New York regulator. In the US, prices have accelerated, particularly in the housing and finance sectors, though the annual inflation rate has seen the smallest increase in three years, keeping a mid-year interest rate cut by the Federal Reserve a possibility. Gold reached a one-month high as the dollar weakened, with traders now focusing on comments from Federal Reserve officials for hints on future interest rate cuts.

Upcoming Economic Highlights

Today’s major economic releases include:

• US ISM Manufacturing PMI - 1500 hours GMT

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

• Japan's Jibun Bank Manufacturing PMI - 0030 GMT

• Eurozone's Harmonized Index of Consumer Prices - 1000 hours GMT

• Italy's Consumer Price Index - 1100 GMT

• US ISM Manufacturing Employment Index - 1500 GMT

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

Tags: Analyse

Loonie Stops Falling in Anticipation of the Rate Decision

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Loonie Stops Falling in Anticipation of the Rate Decision

FxPro | il y a 4h 10min

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | il y a 8h 14min

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | il y a 8h 39min

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | il y a 9h 19min

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | il y a 12h 7min

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | il y a 12h 28min

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | il y a 12h 43min

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | il y a 12h 43min

EURUSD	1.07684	GBPUSD	1.29125	AUDUSD	0.66213
USDJPY	152.781	USDCAD	1.38401	USDCHF	0.86741