Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.
Moneta Markets | il y a 4h 55min

Gold's Significant Decline

The Gold-Dollar pair plummeted by 3.8% in the last session. The Commodity Channel Index (CCI) is currently giving a negative signal.

 

 

Euro's Slight Recovery

The EUR/USD pair gained 0.1% in the last session. The CCI is giving a positive signal, indicating potential for further upward movement.

 

 

Pound's Slight Decline

The GBP/USD pair fell by 0.2% in the last session. The Ultimate Oscillator is signalling a positive outlook, suggesting potential recovery.

 

 

Bitcoin's Major Drop

The Bitcoin-Dollar pair plunged 2.9% in the last session. The Williams Percent Range is giving a negative signal, indicating bearish momentum.

 

 

Global Financial Updates

The MSCI Global Equities Index rose slightly as the US dollar weakened, accompanied by a drop in government bond yields. Native tokens from various DeFi protocols surged above 50% in November, reflecting investor confidence post-US elections. Meanwhile, the total value locked on DeFi protocols reached $18.4 billion, marking a three-year high. In other news, Apple’s proposed $100 million investment for a plant in Indonesia faced rejection due to local content requirements for smartphones.

 

Upcoming Economic Events

Key economic updates to monitor include:

• US Non-Farm Payrolls - 1330 GMT

• UK Consumer Price Index - 0700 GMT

• Eurozone GDP Growth Rate - 1000 GMT

• Japan Machinery Orders - 2330 GMT

• Germany's Trade Balance - 0600 GMT

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