Daily Global Market Update

Gold, Euro, and Bitcoin showed positive trends, while the Pound's outlook was mixed. Global markets braced for economic data, including the US jobs report. Chinese manufacturing activity weakened, while Eurozone factories struggled. Cryptocurrency ETFs gained popularity. Tesla's China sales increased.
Moneta Markets | 86 วันที่ผ่านมา

Gold's Slight Decline

Gold fell by 0.1% against the dollar in the last trading session. Despite the minor decline, the ROC is giving a positive signal.

 

 

Euro's Upward Trend

The EUR/USD pair made a minor upwards correction in the last session, rising 0.2%. The ROC is giving a positive signal.

 

 

Pound's Mixed Signals

The GBP/USD pair experienced a minor upward correction, rising 0.1% in the last session. However, the RSI is giving a negative signal.

 

 

Bitcoin's Explosive Growth

The BTC/USD pair exploded 3.2% in the last session. The ROC is giving a positive signal, aligning with the significant price increase.

 

 

Global Financial Headlines

Share markets fell as investors braced for a data-packed week, culminating in a US jobs report that could influence the Federal Reserve's decision on interest rate cuts. Chinese manufacturing activity sank to a six-month low in August, while Eurozone factories continue to struggle. Cryptocurrency exchange-traded funds accounted for 13 of the 25 largest ETF launches in 2024 by year-to-date inflows. Tesla's China-made electric vehicle sales grew 3% in August from a year earlier, with deliveries of its China-made Model 3 and Model Y vehicles rising 177% from July.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US ISM Manufacturing PMI - 14:00 GMT

• US ISM Manufacturing Employment Index - 14:00 GMT

• US ISM Manufacturing New Orders Index - 14:00 GMT

• US ISM Manufacturing Prices Paid - 14:00 GMT

• Japan's 10y Bond Auction - 03:35 GMT

• Australia's Current Account Balance - 01:30 GMT

กฎระเบียบ: FSA (Seychelles), FSCA (South Africa)
read more
Daily Global Market Update

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 | 3 ชม. 8 นาทีที่ผ่านมา
Gold Decline on Easing Geopolitical Tension

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 | 3 ชม. 42 นาทีที่ผ่านมา
How Global Economic Shifts Shape November's Trading Opportunities

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 | 4 ชม. 58 นาทีที่ผ่านมา
How Low Could EUR/USD Go?

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 | 4 ชม. 59 นาทีที่ผ่านมา
Navigating the G3 Monetary Landscape December Brings Pivotal Decisions

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 | 5 ชม. 5 นาทีที่ผ่านมา
All Eye on Today’s PCE

All Eye on Today’s PCE

Ahead of today’s U.S. PCE reading, most asset classes remained steady as markets await direction. A higher-than-expected reading could bolster the dollar.
PU Prime | 1 วันที่ผ่านมา
Daily Global Market Update

Daily Global Market Update

Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.
Moneta Markets | 2 วันที่ผ่านมา