Daily Global Market Update

Bitcoin rallied 4.2% with positive Williams indicator, while Tesla traded sideways with negative RSI. AUD/USD stagnated despite positive CCI, and gold fell 0.6% with positive stochastic. Dollar strengthened, impacting gold and cryptocurrencies, with a $510 billion market cap drop. Economic releases today include Japan's coincident index, US mortgage applications, and data from Germany and UK.
Moneta Markets | 72 दिनों पहले

Bitcoin's Surge

Bitcoin experienced a 4.2% increase against the dollar in the last session. The Williams indicator is giving a positive signal.

 

 

Tesla's Sideways Movement

Tesla's stock traded sideways in the last session. The RSI is giving a negative signal.

 

 

AUD/USD Pair Stagnation

The Aussie dollar price remained largely unchanged in the last session. The CCI is giving a positive signal.

 

 

Gold's Decline

The gold-dollar pair fell 0.6% in the last trading session. The stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

Gold prices eased on dollar strength and higher bond yields, although expectations of a US rate cut in September and escalating geopolitical tensions in the Middle East kept uncertainty high. Following last session's sharp retreat, the dollar recovered ground against most major peers, and the Japanese yen steadied around seven-month highs against the US currency. Over half of the 50 largest cryptocurrencies by market capitalisation are in the red, following the biggest crypto selloff in over a year. The entire crypto market saw a $510 billion drop in total market capitalisation.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Coincident Index - 0500 GMT

• US MBA Mortgage Applications - 1100 GMT

• Japan's Current Account - 2350 GMT

• Germany's Industrial Production - 0600 GMT

• Germany's Trade Balance - 0600 GMT

• UK's RICS Housing Price Balance - 2301 GMT

read more
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.
Moneta Markets | 2 दिनों पहले
Dollar Holds Firm, But Will the Strength Persist?

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.
PU Prime | 4 दिनों पहले
Oil Prices Surge on Heightened Geopolitical Tension

Oil Prices Surge on Heightened Geopolitical Tension

Oil experienced heightened volatility in yesterday's session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to global oil supply.
PU Prime | 7 दिनों पहले
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut.
Moneta Markets | 7 दिनों पहले
AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties in China, Australia's largest trading partner.
RoboForex | 8 दिनों पहले