Daily Global Market Update

The GBP/USD, BTC/USD, and AUD/USD pairs rose, while the Oil/USD pair fell. Cardano gained Bitcoin liquidity access, new US home sales increased, and oil prices declined amid Gaza ceasefire talks. Upcoming economic highlights include US durable goods orders, non-defense capital goods orders, Germany's Ifo business climate and current assessment, and Japan and UK CFTC net positions.

Pound's Positive Movement

The GBP/USD pair rose by 0.4% in the last session. The Stochastic RSI is giving a positive signal.

 

 

Bitcoin's Surge

The Bitcoin/USD pair skyrocketed by 2.2% in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Oil's Decline

The Oil/USD pair closed 0.9% in the red. The RSI is giving a negative signal.

 

 

Aussie's Minor Gain

The AUD/USD pair made a minor upward correction, gaining 0.1% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

Cardano is set to gain access to \$1.3 trillion in Bitcoin liquidity through a new integration with Bitcoin OS. Sales of new US single-family homes increased to the highest level in nearly 1.5 years in September. Oil prices eased nearly 1% amid reports of potential US-Israel ceasefire talks in Gaza.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Durable Goods Orders - 12:30 GMT

• US Non-Defense Capital Goods Orders - 12:30 GMT

• Germany's Ifo Business Climate - 8:00 GMT

• Germany's Ifo Current Assessment - 8:00 GMT

• Japan's CFTC JPY NC Net Positions - 19:30 GMT

• UK's CFTC GBP NC Net Positions - 19:30 GMT

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Daily Global Market Update

Daily Global Market Update

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