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 | Pred 11 h 20 min

Pound's Decline Against the Dollar

The GBP/USD pair dropped by 0.5% during the last session. The MACD is currently providing a negative signal, suggesting potential bearish momentum.

Bitcoin's Accelerated Growth

Bitcoin surged by 4% against the dollar in the last session. The MACD is signalling a positive trend, reinforcing bullish sentiment among traders.

Oil's Steady Climb

The price of US crude oil rose by 1.5% in the last session. The Rate of Change (ROC) indicator is providing a positive signal, supporting a bullish outlook.

Aussie's Neutral Trend

The AUD/USD pair traded sideways in the last session. The Commodity Channel Index (CCI) is presenting a positive signal, hinting at a potential upward move.

Global Financial Headlines

Bitcoin's drive towards $100,000 has gained momentum as traders anticipate a more favourable regulatory environment in the US under President-elect Donald Trump. Jobless claims in the US fell to a 7-month low last week, hinting at recovery in the labour market. Meanwhile, gold prices rose for the fourth consecutive session, bolstered by safe-haven demand amid geopolitical concerns and lacklustre corporate earnings from Nvidia.

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan’s Labour Cash Earnings – 2330 GMT

• US Redbook Index – 1355 GMT

• UK’s BRC Retail Sales – 0001 GMT

• Japan’s Overall Household Spending – 2330 GMT

• Eurozone’s Unemployment Rate – 1000 GMT

• Germany’s Industrial Production – 0700 GMT

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

Gold Extends its Gain as Geopolitical Tension Heighten

escalating tensions in Eastern Europe after Ukraine launched long-range British missiles into Russian territory, intensified demand for gold .

PU Prime | Pred 1 dňom

The pound falls despite an acceleration in inflation

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The pound falls despite an acceleration in inflation

FxPro | Pred 2 dňami

AUD/USD Consolidates After Recent Gains

The Australian dollar against the US dollar is currently experiencing a pause in its recent upward trajectory, stabilising around 0.6525 on the H4 chart.

RoboForex | Pred 2 dňami

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.

PU Prime | Pred 2 dňami

Daily Global Market Update

Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.

Moneta Markets | Pred 2 dňami