Daily Global Market Update

Gold fell by 1%, while the euro and pound rose slightly. Bitcoin surged 2.5%. The S&P 500 remained steady. Jeffrey Morphe sued Bitfarms for $27 million. Anglo American rejected BHP's $42.6 billion offer. Key economic events today include employment data from the UK and Japan, US business optimism, and Germany's consumer prices.

Moneta Markets | Pred 198 dňami

Gold's Recent Plunge

The gold-dollar pair plummeted by 1% in the last session. The MACD is giving a positive signal, contrary to the downward trend.

Euro's Slight Uptick

The euro-dollar pair made a minor upward correction in the last session, rising by 0.1%. According to the CCI, we are currently in an overbought market.

Pound's Modest Rise

The pound rose by 0.3% against the dollar in the last session. The Ultimate Oscillator is giving a positive signal, indicating potential further gains.

Bitcoin's Soaring Momentum

The Bitcoin-dollar pair skyrocketed by 2.5% in the last session, defying expectations. However, the stochastic indicator is giving a negative signal, suggesting caution amid the bullish trend.

Global Financial Highlights

The S&P 500 closed with minimal change as investors paused after three consecutive weekly gains, awaiting crucial inflation readings and earnings reports. Meanwhile, consumer concerns regarding inflation persist. Jeffrey Morphe, the now-former President and CEO of cryptocurrency mining firm Bitfarms, will be stepping down immediately after initiating a lawsuit against the company in Canada. Morphe alleges breach of contract, wrongful dismissal, and seeks damages totaling $27 million. Anglo American has rejected an increased takeover offer of $42.6 billion from BHP Group, asserting that the world's largest listed miner continues to significantly undervalue the company. This decision follows the rejection of BHP's initial 39 billion All-Share proposal.

Upcoming Economic Events

Here are the major economic events scheduled for today:

• UK's Claimant Count Change - 0600 GMT

• Japan's Machine Tool Orders - 0600 GMT

• UK's Employment Change - 0600 GMT

• US NFIB Business Optimism Index - 1000 GMT

• US Producer Price Index - 1230 GMT

• Germany's Harmonized Index of Consumer Prices - 0600 GMT

Regulácia: FSA (Seychelles), FSCA (South Africa)

Značky: Analýza

EURJPY bears stay in control

EURJPY in the fourth week of losses. Short-term bias skewed to the downside. Next stop could be near 158.00.

XM Group | Pred 1 h 14 min

Daily Global Market Update

The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.

Moneta Markets | Pred 3 h 38 min

Gold Decline on Easing Geopolitical Tension

The U.S. Personal Consumption Expenditures (PCE) report, released yesterday, met market expectations but failed to deliver any surprises, resulting in continued weakness in the U.S. dollar. Simultaneously, long-term Treasury yields fell to their lowest levels in November.

PU Prime | Pred 4 h 12 min

How Global Economic Shifts Shape November's Trading Opportunities

The U.S. economy continues to chart a path toward a "soft landing," a scenario where inflation cools without triggering a severe recession. Gradual easing in the labour market underscores this trend, with recent jobless claims figures showing minor increases yet remaining well below concerning thresholds. Businesses are largely retaining staff, indicating stable employment conditions.

ACY Securities | Pred 5 h 28 min

How Low Could EUR/USD Go?

In a significant market move, EUR/USD has plunged to levels not seen in over two years, driven by a combination of economic and geopolitical pressures. This sharp decline has been raising questions about the resilience of the eurozone economy and the broader implications for global currency dynamics.

ACY Securities | Pred 5 h 29 min

Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

As December approaches, global financial markets are gearing up for significant developments in the monetary policies of the world’s three major economies—the United States, the Eurozone, and Japan. A mix of rate adjustments, fiscal strategies, and macroeconomic signals is shaping the FX market, with traders and analysts keenly anticipating the outcomes.

ACY Securities | Pred 5 h 35 min

President Trump’s 25% Tariffs on Canada and Mexico: What’s the Market Impact?

The international financial landscape is once again grappling with uncertainty after President-elect Donald Trump’s announcement of potential new tariffs. The proposals include a 10% levy on Chinese goods and a significant 25% tariff on imports from Canada and Mexico. These moves have sparked widespread debate, with markets responding in ways that highlight the intricate interplay between trade po

ACY Securities | Pred 5 h 37 min

Dollars, Data, and Decisions Key Insights from November's Market Trends

As we approach the end of November, global financial markets are navigating a landscape shaped by varied macroeconomic forces and policy decisions. From currency movements to central bank strategies, this month's developments provide a window into the evolving dynamics of the global economy.

ACY Securities | Pred 5 h 38 min

EURUSD	1.05368	GBPUSD	1.26511	AUDUSD	0.64946
USDJPY	151.899	USDCAD	1.40109	USDCHF	0.88435