Daily Global Market Update

Bitcoin up 0.6%, caution due to overbought signals. Volkswagen down 1%, indicating a negative outlook. AUD rose 0.2%, potential volatility ahead. Gold up 0.4%, signaling optimism. Global highlights: oil near three-week highs, USD strength, MasterCard integrating cryptocurrency. Economic events include Japan's foreign investment, Eurozone's consumer confidence, and UK's public sector borrowing.

Moneta Markets | 245 дней спустя

Bitcoin's Overbought Condition

Bitcoin witnessed a growth of 0.6% against the dollar in the latest session. The RSI, however, signals an overbought market condition, suggesting caution among traders.

Volkswagen's Market Struggles

Volkswagen's stock declined by 1% in the last session, with the CCI indicating a negative outlook for the automotive giant.

AUD's Minor Rise

The AUD saw a modest increase of 0.2% in its last trading session. The CCI suggests that the market is currently overbought, pointing towards potential future volatility.

Gold's Positive Outlook

Gold experienced a 0.4% rise against the dollar in the last session. The RSI provides a positive signal, suggesting an optimistic outlook for the precious metal.

Global Financial Headlines

Oil prices hovered near three-week highs, affected by Middle East tensions and China's recovering demand. The US dollar's strength is closely watched due to its impact on foreign demand, especially as it strengthens above 1550 yen amid expectations of persistently high US interest rates. In the digital payments arena, MasterCard's collaboration with Swoo Pay aims to bridge gaps in the global payments landscape by integrating cryptocurrency into loyalty rewards.

Upcoming Economic Highlights

Here's a brief overview of today's major economic events:

• Japan's Foreign Investment in Japan Stocks - 2350 hours GMT

• Japan's Foreign Bond Investment - 2350 hours GMT

• Eurozone's Consumer Confidence - 1500 hours GMT

• Belgian Consumer Confidence Index - 1500 hours GMT

• UK's Public Sector Net Borrowing - 0700 hours GMT

• US MBA Mortgage Applications - 1200 hours GMT

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Тэгов: Анализ

Loonie Stops Falling in Anticipation of the Rate Decision

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Loonie Stops Falling in Anticipation of the Rate Decision

FxPro | 8ч 37мин назад

EBC Markets Briefing | Silver keeps pace with gold in the fog of war

Gold hovered near an all-time peak on Wednesday, driven by safe-haven demand amid US election uncertainties and rising geopolitical tensions.

EBC Financial Group | 12ч 41мин назад

Crypto market undergoes correction

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market undergoes correction

FxPro | 13ч 6мин назад

Dollar, gold and US yields continue to rise

Euro is under pressure again as ECB dovish commentary lingers; Gold makes a new all-time high despite the 10-year US yield rise; US equities trade with low conviction ahead of Tesla earnings; BoC to announce another rate cut, loonie could suffer

XM Group | 13ч 45мин назад

U.S Dollar Jumps on Heightens Treasury Yield

The U.S. dollar has continued to strengthen against major currencies, supported by a sharp rise in long-term Treasury yields, which have reached their highest level since July. The market appears to be pricing in a soft landing by the Federal Reserve, particularly as the U.S. presidential election nears.

PU Prime | 16ч 33мин назад

Daily Global Market Update

Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.

Moneta Markets | 16ч 55мин назад

USD Rises as Trump’s Re-election Prospects Gain Momentum Ahead of U.S. Election

The U.S. dollar has been on a notable upward trend in the lead-up to the November 5th presidential election, registering its third consecutive week of gains.

ACY Securities | 17ч 9мин назад

US Dollar Gains Amid Higher Yields and Political Uncertainty

The U.S. dollar has recently surged to new highs, buoyed by a breakout in the dollar index, which surpassed a critical technical resistance level near 103.80. This rally has been largely driven by increasing U.S. Treasury yields, particularly the 10-year yield, which has climbed past its 200-day moving average and is now hovering just below 4.2%.

ACY Securities | 17ч 10мин назад

EURUSD	1.07828	GBPUSD	1.2912	AUDUSD	0.66366
USDJPY	152.756	USDCAD	1.3835	USDCHF	0.8665