Daily Global Market Update
Pound's Steady Climb
The GBP/USD pair witnessed a 0.5% surge against the dollar in the latest session. The CCI indicator is currently suggesting a positive outlook.
Bitcoin's Bullish Session
Bitcoin demonstrated a robust performance by gaining 1.1% against the dollar, with an intraday high of 1.5%. The MACD indicator aligns with this bullish momentum.
Oil's Downward Trend
The Oil/USD pair plunged 2.5% in the recent session, with the RSI indicating a bearish signal.
AUD's Slight Recovery
The AUD/USD pair made a minor upward correction, appreciating by 0.1%. The CCI indicates that we are currently in an oversold market.
Global Financial Headlines
Binance faces hurdles as it seeks re-entry into the UK market amidst regulatory challenges. Meanwhile, the Bank of England's interest rate decision came as anticipated, following a three-way split in voting. Globally, oil prices received a nudge from the Federal Reserve's hints at rate cuts and China's new support measures for its property sector.
Today's Economic Events
A glance at today's key economic releases:
• UK's CFTC GBP NC net positions - 2030 GMT
• Japan's CFTC JPY NC net positions - 2030 GMT
• US Average Hourly Earnings - 1330 GMT
• US Non-Farm Payrolls - 1330 GMT
• Spain's Unemployment Change - 0800 GMT
• Australia's Producer Price Index - 0030 GMT