Daily Global Market Update

Gold, euro, and pound struggle, with negative technical signals. Bitcoin drops sharply, indicating bearish momentum. S&P 500 edges higher ahead of tech earnings and Fed decision. Solana surges, tech sector near record highs. Economic data from Europe, UK, US, Japan, and Australia to be released today.

Gold's Decline

The gold-dollar pair experienced a drop of 0.5% in the last session. The MACD indicator is giving a negative signal.

 

 

Euro/USD Pair's Minor Dip

The EUR/USD pair saw a slight dip of 0.2% in the last session. The RSI is giving a negative signal.

 

 

Pound/USD Pair's Sideways Trading

The GBP/USD pair traded sideways in the last session. The Stochastic indicator is showing a negative signal.

 

 

Bitcoin's Significant Drop

Bitcoin fell by 1.5% against the dollar in the last session. The Stochastic RSI is indicating a negative signal.

 

 

Global Financial Headlines

The S&P 500 closed barely higher after a choppy trading session, as investors awaited major technology company earnings, a Federal Reserve policy decision on interest rate cuts, and key US labour data due this week. Solana's price is set to end July with a 30% monthly return and is poised to challenge its yearly high of around $210 over the coming weeks. Despite recent pullbacks, the S&P 500 Tech sector is trading near a two-decade high reached earlier this month, with a focus on valuations of tech giants like Nvidia and Microsoft.

 

Upcoming Economic Highlights

Today's major economic events include:

• French Gross Domestic Product - 0530 GMT

• Eurozone Business Climate - 0900 GMT

• UK 10-Year Bond Auction - 0900 GMT

• US JOLTS Job Openings - 1400 GMT

• Japan Large Retailer Sales - 2350 GMT

• Australia Retail Sales - 1300 GMT

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NZDUSD, USDJPY, EURUSD

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Daily Global Market Update

Daily Global Market Update

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Moneta Markets | 3日前
Daily Global Market Update

Daily Global Market Update

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Moneta Markets | 4日前