Daily Global Market Update

Bitcoin dipped slightly, Tesla and AUD/USD fell. Gold surged amid market volatility. Oil prices dropped but downside limited by Fed rate cut expectations. Global growth to moderate, with risks. Look out for key economic releases today from Japan, US, UK and Austria.
Moneta Markets | 94 hari yang lalu

Bitcoin's Slight Dip

Bitcoin dipped a slight 0.1% against the dollar in the last trading session. According to the Stochastic RSI, we are currently in an overbought market.

 

 

Tesla's Stock Gain

Tesla's stock rose by 0.4% in the last session. The Stochastic indicator is signalling a negative outlook.

 

 

AUD/USD Pair's Decline

The AUD/USD pair fell by 0.4% in the last session. The Williams indicator is giving a negative signal.

 

 

Gold's Surge Amid Market Volatility

The gold-dollar pair skyrocketed 1.9% in the last session. According to the RSI, we are in an overbought market.

 

 

Global Financial Headlines

Oil prices settled more than 1% lower, marking the third straight day of losses, driven by concerns over a slowing Chinese economy impacting demand. However, declines were moderated by growing expectations that the US Federal Reserve might start reducing its key interest rate as early as September. The global economy is anticipated to experience modest growth over the next two years, with cooling activity in the US, stabilization in Europe, and stronger consumption and exports in China, although risks remain, according to the International Monetary Fund.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Imports - 2350 GMT

• US Industrial Production - 1315 GMT

• US Housing Starts - 1230 GMT

• UK's Consumer Price Index - 0600 GMT

• Austria's HICP - 0700 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)
read more
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 | 8 hari yang lalu