Daily Global Market Update

Gold, euro, pound, bitcoin fell. RSI, ROC, Williams, Stochastic indicate overbought/oversold. Wall Street retreated, treasury yields rose. Crypto inflows, Spirit Airlines surged. Key economic events: Redbook, API, Dutch, Finland, Belgian, UK.
Moneta Markets | 31 hari yang lalu

Gold's Minor Correction

The gold-dollar pair made a minor downwards correction in the last session, dropping 0.1%. According to the RSI, we are in an overbought market.

 

 

Euro's Decline

The Euro fell 0.4% against the dollar in the last session. The Rate of Change (ROC) is giving a negative signal.

 

 

Pound's Downturn

The pound fell 0.5% against the dollar in the last trading session. According to the Williams Percent Range indicator, we are in an oversold market.

 

 

Bitcoin's Decline

The Bitcoin-dollar pair dove 1.9% in the last session. The Stochastic RSI is giving a negative signal.

 

 

Global Financial Headlines

Wall Street lost ground, retreating after a strong rally the previous week as investors awaited earnings from major companies. A jump in treasury yields added pressure, with the yield on the benchmark 10-year bond rising to a 12-week high. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to CoinShares. Shares of Spirit Airlines surged as much as 46% after reaching a deal with its credit card processor to extend a debt refinancing deadline by two months until December 23rd.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Redbook Index - 1255 GMT

• US API Weekly Crude Oil Stock - 2030 GMT

• Dutch Consumer Confidence Adjusted - 0430 GMT

• Finland's Unemployment Rate - 0500 GMT

• Belgian Consumer Confidence Index - 0900 GMT

• UK's Public Sector Net Borrowing - 0600 GMT

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

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 | 11j 24min yang lalu
Midweek Technical Look – USDJPY, EURGBP, Oil

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 | 1 hari yang lalu