Daily Global Market Update

The GBP/USD fell 1.2%, Bitcoin gained 2.9%, and US crude oil rose 1.3%, signaling market volatility. The AUD/USD showed stability. Global highlights include $126M USDT frozen, oil's 2% rise on China optimism, and gold's 1.3% Safe Haven rally. Key economic updates include US ISM indices, Germany’s unemployment data, and Japan’s CFTC positions.

Pound's Decline in the Market

The GBP/USD pair dropped by 1.2% in the last session. The Stochastic indicator is signalling a negative trend.

 

 

Bitcoin's Explosive Growth

Bitcoin soared by 2.9% against the dollar in the last session. The Williams Percent Range indicator is giving a positive signal.

 

 

Oil's Remarkable Surge

US Crude Oil surged by 1.3% against the dollar in the last session. The Commodity Channel Index (CCI) indicates an overbought market.

 

 

Aussie Dollar's Stability

The AUD/USD pair remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

The T3 Financial Crimes Unit has frozen $126 million in USDT since August 2024. Oil prices rose by 2% as optimism grows around China's economy. Gold increased by 1.3% due to Safe Haven buying and anticipation of the Federal Reserve's rate decisions.

 

Upcoming Economic Highlights

Key economic events to monitor include:

• US ISM Manufacturing Employment Index - 15:00 GMT

• US ISM Manufacturing New Orders Index - 15:00 GMT

• US ISM Manufacturing Prices Paid - 15:00 GMT

• Germany's Unemployment Rate - 08:55 GMT

• Germany's Unemployment Change - 08:55 GMT

• Japan's CFTC JPY NC Net Positions - 20:30 GMT

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ATFX Market Outlook 6th January 2025

ATFX Market Outlook 6th January 2025

Some Federal Reserve officials suggested that the Fed may need to maintain a restrictive policy longer due to inflation risks. Despite this, U.S. stocks rebounded on Friday, with the S&P 500 ending its longest losing streak since April last year, marking its largest single-day gain since Trump's victory.
ATFX | 18時12分前
ATFX Market Outlook 3rd January 2025

ATFX Market Outlook 3rd January 2025

The dollar is set for its best weekly performance in over a month, reaching a two-year high of 109.54 against other currencies due to expectations of fewer Federal Reserve rate cuts and a strong U.S. economy. Initial jobless claims dropped to an eight-month low, indicating a resilient labour market.
ATFX | 1日前
ATFX Market Outlook 2nd January 2025

ATFX Market Outlook 2nd January 2025

Global markets were closed on Wednesday for New Year's Day. The US dollar index ended 2024 at a two-year high, up 8%, the best performance in nearly a decade. Spot gold rose more than 27%, its most significant annual increase since 2010. In contrast, international oil prices dropped about 3% for the second consecutive year.
ATFX | 4日前
Dollar Start the Year with Strong Momentum

Dollar Start the Year with Strong Momentum

The U.S. dollar delivered a strong performance in 2024, with the dollar index gaining approximately 7%, and it started 2025 on a positive note, hovering near its recent highs. The dollar remains supported by the Fed’s cautious approach to monetary policy, with hawkish expectations weighing on equities.
PU Prime | 4日前
Wall Street Continue to Slides On Hawkish Fed Expectation

Wall Street Continue to Slides On Hawkish Fed Expectation

Wall Street continued its downward trend, pressured by expectations of a more hawkish Fed policy in the near term. However, traders are anticipating a potential “Trump Trade” rally, as Donald Trump’s upcoming inauguration in January may boost sentiment in the equity markets.
PU Prime | 5日前
ATFX Market Outlook 27th December 2024

ATFX Market Outlook 27th December 2024

The Dow Futures ended slightly higher on Thursday, extending its five-session winning streak. However, thin trading volume and rising Treasury yields affected major tech stocks. The Nasdaq and S&P 500 ended the day nearly flat but slightly lower.
ATFX | 7日前