Daily Global Market Update

Bitcoin surged 2.5% but may be overbought. Alibaba stock dipped 0.9% and is oversold. AUD/USD down slightly but could rise soon. Gold price fell 0.4% but might rebound. Oil prices dropped 1% on weak US consumer confidence. US dollar stays strong due to Fed rate cut expectations. Watch out for upcoming economic data from US, Finland, France and Japan.
Moneta Markets | 115 hari yang lalu

Bitcoin's Sharp Increase

Bitcoin against the US dollar saw a substantial increase of 2.5% in the last session. The Williams Percentage Range indicator suggests that the market could be entering an overbought phase.

 

 

Alibaba's Stock Decline

Alibaba shares declined by 0.9% in the last session. The Stochastic indicator is signalling that the market is currently oversold.

 

 

AUD/USD Minor Correction

The AUD/USD pair experienced a slight decline of 0.1% in the last session. The Stochastic indicator, however, is showing a positive signal, hinting at potential upward movement.

 

 

Gold's Decline Amid Market Volatility

The Gold-Dollar pair decreased by 0.4% in the last session. The MACD indicator is showing a positive signal, suggesting possible upward momentum despite the recent drop.

 

 

Global Financial Headlines

In today's financial headlines, crude oil prices fell by 1% amid weakening consumer confidence in the U.S., which could potentially impact demand. The U.S. dollar remains strong, influenced by recent Federal Reserve statements suggesting a slow start to rate cuts.

 

Upcoming Economic Highlights

Here are today's significant economic events:

• US MBA Mortgage Applications - 1100 GMT

• US New Home Sales - 1400 GMT

• Finland's Unemployment Rate - 0500 GMT

• French Consumer Confidence - 0645 GMT

• Japan's Large Retailer Sales - 2350 GMT

• Japan's Retail Trade - 2350 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.
Moneta Markets | 3 hari yang lalu
Dollar Holds Firm, But Will the Strength Persist?

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.
PU Prime | 5 hari yang lalu
Oil Prices Surge on Heightened Geopolitical Tension

Oil Prices Surge on Heightened Geopolitical Tension

Oil experienced heightened volatility in yesterday's session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to global oil supply.
PU Prime | 8 hari yang lalu
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut.
Moneta Markets | 8 hari yang lalu
AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties in China, Australia's largest trading partner.
RoboForex | 9 hari yang lalu