Daily Global Market Update

Gold, Euro, Pound, and Bitcoin all saw significant gains in the last session, supported by positive technical indicators (RSI, ROC, Stochastic). The FTSE 100 reached a new high, while oil prices dipped following Trump's energy policy announcements. Key economic events to watch today include US bill auctions, German and Eurozone ZEW surveys, and UK employment data.

Gold's Positive Signal

Gold rose by 0.5% against the dollar in the last trading session. The RSI indicator suggests a positive trend.

 

 

Euro's Positive Momentum

The EUR/USD pair gained 1% in the last session, peaking at a 1.4% increase. The Rate of Change (ROC) indicator is providing a positive signal.

 

 

Pound's Skyrocketing Session

The GBP/USD pair rose sharply by 1% in the last session. The Stochastic indicator signals further positive momentum.

 

 

Bitcoin's Strong Surge

Bitcoin surged by 2.1% against the dollar in the last session. The Stochastic indicator is signalling continued bullish momentum.

 

 

Global Financial Headlines

The FTSE 100 reached a record high for the second session as investors anticipated policy insights from Donald Trump's second term. Bitcoin briefly surged above $19,000, setting a new high ahead of Trump's inauguration. Oil prices fell after Trump's energy policy announcements, which included filling strategic reserves and boosting exports.

 

Upcoming Economic Highlights

Key economic events to watch include:

• US 6-Month Bill Auction - 1630 GMT

• US 3-Month Bill Auction - 1630 GMT

• Germany's ZEW Survey Current Situation - 10 GMT

• Eurozone ZEW Survey Economic Sentiment - 10 GMT

• UK's Claimant Count Rate - 7 GMT

• UK's Average Earnings Excluding Bonus - 7 GMT

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