Daily Global Market Update

Bitcoin and Meta rose, Aussie fell. Gold hit a record high due to global uncertainties. Dollar strengthened against Yen. Alameda sued Qoin for frozen funds. Key economic events: German unemployment, US ADP employment, Japanese retail trade, Australian CPI, French GDP.

Moneta Markets | 23 days ago

Bitcoin's Significant Surge

The Bitcoin/USD pair skyrocketed by 4.1% in the last session. The Ultimate Oscillator is giving a positive signal.

Meta's Upward Movement

Meta shares rose by 1.7% in the last session. The CCI is giving a positive signal.

Aussie's Decline

The Aussie dropped 0.3% against the dollar in the last session. The Stochastic indicator is giving a negative signal.

Gold's Record High

The Gold/USD pair skyrocketed by 1% in the last session. The CCI indicates an overbought market.

Global Financial Headlines

Gold prices hit a record high due to uncertainties surrounding the US presidential election and the Middle East conflict, along with expectations of an interest rate cut by the Federal Reserve. The dollar reached three-month highs against the Yen but remained stable against most majors as traders await next week's US election and a slew of incoming economic data. Alameda Research, a subsidiary of the bankrupt crypto exchange FTX, has initiated legal action against Qoin to recover over $50 million in locked assets, according to an October 28th filing. The funds have been frozen by the crypto exchange Qoin since FTX's collapse in November 2022.

Upcoming Economic Highlights

Key economic events to look out for include:

• Germany's Unemployment Change - 0855 GMT

• US ADP Employment Change - 1215 GMT

• Japan's Retail Trade - 2350 GMT

• Japan's Large Retailer Sales - 2350 GMT

• Australia's Consumer Price Index - 0030 GMT

• French Gross Domestic Product - 0630 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Tags: Analysis

USD/JPY Awaits Potential Stimulus Impact

The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures.

RoboForex | 26 minutes ago

Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.

Moneta Markets | 1h 34min ago

Midweek Technical Look – USDJPY, EURGBP, Oil

USDJPY is encountering some challenges but continues to maintain an overall uptrend. The outlook for EURGBP remains bearish, with attention shifting back to the 0.8260 level. WTI oil futures are fluctuating within a neutral range; bulls need to show stronger momentum

XM Group | 19h 12min ago

Nvidia fails to lift markets, dollar stands tall

Stocks remain directionless even after stellar earnings by Nvidia. Declining odds for December Fed rate cut weigh on markets. Dollar holds near highs, yen rallies, Bitcoin soars to $97,000.

XM Group | 22h 27min ago

US dollar falling consolidation Boosted by risk aversion, gold price returns above $2,610

On Monday, the US dollar index fluctuated and fell, hitting 106.81 at one point during trading and ultimately closing down 0.44% at 106.21.

CWG Markets | 22h 41min ago

EBC Markets Briefing | Oil up as Ukraine ramps up attacks

Oil prices rose Thursday after Ukraine fired Storm Shadow missiles at Russia, while Moscow's nuclear threat was largely ignored.

EBC Financial Group | 23h 22min ago

NZD/USD Under Pressure Amidst USD Strength

The NZD/USD pair is trading near 0.5879, experiencing volatility as the market awaits the upcoming Reserve Bank of New Zealand (RBNZ) meeting. Expectations are leaning towards a significant rate cut, with a 50-basis-point reduction considered the baseline scenario and a 25% probability of a more aggressive 75-basis-point cut.

RoboForex | 1 day ago

Daily Global Market Update

The EUR/USD is oversold, while the USD/JPY shows bearish signs. Gold is trending upward, and Amazon's stock is bearish. Global markets are mixed due to geopolitical tensions. Key economic events like US Consumer Sentiment and Eurozone Industrial Production are upcoming.

Moneta Markets | 1 day ago

EURUSD	1.04093	GBPUSD	1.25265	AUDUSD	0.64914
USDJPY	154.365	USDCAD	1.40069	USDCHF	0.88876