Daily Global Market Update
Bitcoin USD Pair's Sharp Drop
The Bitcoin dollar pair dove 2.4% in the last session. The Rate of Change (ROC) indicator is giving a negative signal.
Apple's Stock Decline
Apple shares fell by 1.5% in the last session. The RSI indicates that the market is overbought.
AUD/USD Pair's Rise
The AUD/USD pair rose by 0.5% in the last session. The MACD is giving a negative signal
Gold's Minor Rise Amid Tensions
The gold-dollar pair experienced a 0.3% rise in the last session. The Stochastic RSI is giving a positive signal.
Global Financial Headlines
Oil prices rose more than 1% due to escalating tensions in Europe and the Middle East. The dollar eased against the Euro after US retail sales data showed signs of consumer exhaustion, which might prompt the Federal Reserve to cut rates later this year. Cryptocurrency exchange Uphold announced it will end support for six popular stablecoins to comply with the European Union's Markets in Crypto-Assets regulation.
Upcoming Economic Highlights
Today's major anticipated economic releases include:
• US MBA Mortgage Applications - 1100 GMT
• Japan's Foreign Investment in Japan Stocks - 2350 GMT
• Germany's Bundesbank Monthly Report - 1000 GMT
• UK's Consumer Price Index - 0600 GMT
• US NAHB Housing Market Index - 1400 GMT
• Japan's Foreign Bond Investment - 2350 GMT