Daily Global Market Update

GBP/USD edged up 0.1%, Bitcoin corrected down 0.2%, Oil dropped 0.8% vs. USD, AUD rose 0.4% vs. USD. Ether trailed Bitcoin YTD gains. Oil steadied near 6-month highs. Russia exports diesel to Sudan post-EU embargo. Economic events include UK's Industrial Production, Japan's Capacity Utilization, Germany's CPI, Eurozone's Fin Meeting, UK's GDP, and US Michigan Consumer Sentiment Index.

GBP/USD Pair's Minor Rise

The GBP/USD pair saw a minor rise of 0.1% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.

 

 

Bitcoin's Correction

The Bitcoin-dollar pair corrected downwards in the last session, falling 0.2%. The Williams indicator is giving a negative signal.

 

 

Oil's Drop Against the Dollar

Oil dropped 0.8% against the dollar in the last session. The Relative Strength Index (RSI) is giving a negative signal.

 

 

AUD/USD Pair's Rise

The Aussie rose 0.4% against the dollar in the last trading session. The Ultimate Oscillator is giving a positive signal.

 

 

Latest Updates in World Financial News

Ether had been rallying since the beginning of the new year but began tapering off in mid-March. The altcoin has trailed Bitcoin since January 1st, gaining roughly 48% compared to BTC's 57% in their respective USD pairs year-to-date. Oil prices were steady near six-month highs after rising by a dollar a barrel in the prior session as investors braced for a potential attack on Israeli interests by Iran. OPEC's third-largest oil producer, Russia, has begun diesel exports to Sudan as Moscow seeks new markets for refined products after the EU embargo. Since the full EU embargo on Russian oil product imports was imposed in February 2023, diesel supplies have been diverted to Brazil, Turkey, countries in Africa, Asia, and the Middle East.

 

Major Economic Events for Today

Here's a brief rundown of today's major economic events:

• UK's Industrial Production - 0600 GMT

• Japan's Capacity Utilization - 0430 GMT

• Germany's Harmonized Index of Consumer Prices - 0600 GMT

• Eurozone's Fin Meeting - 0700 GMT

• UK's Gross Domestic Product - 0600 GMT

• US Michigan Consumer Sentiment Index - 1400 GMT

Réglementation: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.
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Daily Global Market Update

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.
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GBP Market Update Insights on Recent Movements and Key Influences

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 | il y a 6