Daily Global Market Update

British pound down 0.5%, Bitcoin up 2.7%, stable oil prices, Aussie drops 0.6%. Cryptos volatile, European markets up. US: Michigan Consumer Sentiment, Baker Hughes Oil Rig Count. Finland: Current Account, Industrial Output. UK: GDP, Industrial Production.
Moneta Markets | Pred 348 dňami

Pound's Downward Shift

In the last trading session, the British pound declined by 0.5% against the US dollar. Despite this, the MACD indicator is signaling a positive trend, contradicting our overall technical assessment.

 

 

Bitcoin's Surge

Bitcoin experienced a significant 2.7% rise in the last session. However, the Williams indicator suggests a negative outlook.

 

 

Stable Oil Prices

The oil market remained relatively steady in the last session. The Ultimate Oscillator is currently indicating a negative trend, aligning with our broader market analysis.

 

 

Aussie's Decline

During the last session, the Australian dollar fell by 0.6% against the US dollar. The Williams indicator is signaling a negative trend for the AUD/USD pair.

 

 

Global Financial Headlines

Cryptocurrency markets recently faced extreme volatility, with Bitcoin and Ethereum's Ether experiencing significant price swings. This led to over $400 million in liquidated open trades, the highest since the August crash. European markets closed higher, driven by strong corporate earnings. The S&P 500 struggled to maintain its momentum, showing little movement. Exxon Mobil Corp surpassed Tesla as the S&P 500's most shorted large-cap stock, according to Hazel tree's report.

 

Today’s Major Economic Events

Here's a brief overview of the important economic releases for today:

• US Michigan Consumer Sentiment Index - 1500 hours GMT

• US Baker Hughes US Oil Rig Count - 1800 hours GMT

• Finland's Current Account - 0600 hours GMT

• Finland's Industrial Output - 0600 hours GMT

• UK's Gross Domestic Product - 0700 hours GMT

• UK's Industrial Production - 0700 hours GMT

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

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 | Pred 1 dňom
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 | Pred 8 dňami
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 | Pred 10 dňami
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 | Pred 13 dňami