Daily Global Market Update

Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.
Moneta Markets | 1 दिन पहले

Bitcoin's Market Momentum

The Bitcoin/USD pair surged by 3.3% during the last trading session. Despite the rise, the Rate of Change (ROC) indicator is signalling a negative trend.

 

 

Tesla's Stock Volatility

Tesla's stock rose by 2.2% in the last session, hitting an intraday high of 3.3%. The Ultimate Oscillator is providing a negative signal, suggesting caution for potential investors.

 

 

Aussie Dollar's Modest Gains

The AUD/USD pair increased by 0.3% in the last session. The MACD indicator is currently pointing to a negative trend.

 

 

Gold's Safe Haven Appeal

The Gold/USD pair climbed by 0.6% in the last session, briefly gaining as much as 1%. The Stochastic RSI indicator is providing a positive signal, reflecting strong momentum in the market.

 

 

Global Financial News Highlights

Gold prices reached a one-week high as escalating Russia-Ukraine tensions spurred a flight to safe-haven assets. The US dollar, Swiss franc, and Japanese yen saw a surge in demand amidst geopolitical uncertainty. Meanwhile, Gemini, the cryptocurrency exchange, launched in France, offering access to 70 digital assets on its platform.

 

Upcoming Economic Events

Key economic events to monitor:

• Japan's Labour Cash Earnings - 2330 GMT

• US Red Book Index - 1355 GMT

• UK's BRC Retail Sales - 0001 GMT

• Eurozone's Unemployment Rate - 1000 GMT

• Germany's Industrial Production - 0700 GMT

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Gold Gain on Russia-Ukraine Tension

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.
PU Prime | 1 दिन पहले
Daily Global Market Update

Daily Global Market Update

Oil prices tumbled due to weak Chinese demand and Fed rate cut uncertainty. The Australian dollar and euro showed minor upward corrections, while the Japanese yen strengthened against the US dollar. Key economic events like Chinese industrial production, German ZEW sentiment, UK CPI, and US retail sales will influence market trends.
Moneta Markets | 3 दिनों पहले
Daily Global Market Update

Daily Global Market Update

The GBP/USD, Bitcoin/USD, and AUD/USD pairs declined, with negative technical indicators. Oil prices rose slightly despite bearish signals. Pepe coin rallied significantly, while US stocks retreated post-CPI data. Key economic events like US CPI, UK GDP, and Eurozone Industrial Production are upcoming.
Moneta Markets | 6 दिनों पहले