Daily Global Market Update

Bitcoin down 1.6%, Nike up 0.4%, Aussie Dollar stable, Gold rose 0.8%. Global: Gold tops $2,000 on Fed caution, Binance settles $4.3B fine. Upcoming: US Durable Goods, Jobless Claims, European Consumer Confidence.
Moneta Markets | 337 hari yang lalu

Bitcoin's Recent Decline

The Bitcoin/USD pair experienced a significant drop of 1.6% in the last session. The Stochastic indicator is currently signaling a negative trend.

 

 

Nike's Positive Performance

Nike shares saw a gain of 0.4% in the last trading session. The Williams' indicator is currently showing a negative signal.

 

 

Aussie Dollar Stability

The Australian Dollar showed little change in its last session. However, the Stochastic indicator is giving a positive signal.

 

 

Gold's Upswing

Gold/Dollar pair rose by 0.8% in the last trading session, signaling an overbought market as indicated by the Williams' indicator.

 

 

Global Financial Headlines

Gold surpassed the $2,000 mark, driven by speculations that the Federal Reserve may have hit the peak of interest rate hikes. The minutes from the US Central Bank's latest meeting suggest a cautious approach to future rate increases. Meanwhile, the Dollar Index looks set to recover following these developments. In cryptocurrency news, Binance, the largest crypto exchange, faced criminal charges for violating sanctions and money transmitting laws. The company agreed to a $4.3 billion settlement, marking one of the largest fines imposed on a corporate entity by the US.

 

Upcoming Economic Highlights

Here's a brief rundown of today’s key economic releases:

• US Durable Goods Orders - 1330 GMT

• US Initial Jobless Claims - 1330 GMT

• US Non-Defense Capital Goods Orders - 1330 GMT

• Dutch Consumer Confidence - 0530 GMT

• Eurozone's Consumer Confidence - 0500 GMT

• Belgian Consumer Confidence Index - 1000 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)
read more
EUR/USD Dips to Three-Month Low Amid Strong Dollar Demand

EUR/USD Dips to Three-Month Low Amid Strong Dollar Demand

The major currency pair fell to 1.0789 by Thursday. This is almost a three-month low. Demand for the US currency is fuelled by expectations of an orderly and negative interest rate cut by the US Federal Reserve, as well as strong forecasts for a second Donald Trump presidency.
RoboForex | 5j 28min yang lalu
Daily Global Market Update

Daily Global Market Update

EUR/USD declined slightly, USD/JPY strengthened, gold dropped sharply, Amazon shares fell, USD/CAD weakened due to a Bank of Canada rate cut, Wall Street declined due to rising yields and skepticism about Fed rate cuts, corporate news affected McDonald's and Coca-Cola, and US existing home sales hit a 14-year low.
Moneta Markets | 6j 28min yang lalu