Daily Global Market Update

GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.
Moneta Markets | 5 ชม. 15 นาทีที่ผ่านมา

Pound's Sideways Movement

The GBP/USD pair traded sideways in the last session. The Commodity Channel Index (CCI) is giving a positive signal, indicating potential bullish momentum.

 

 

Bitcoin's Negative Momentum

Bitcoin paired with the dollar dropped by 0.7% in the last session. The Ultimate Oscillator is giving a negative signal, aligning with bearish sentiment.

 

 

Oil's Modest Gain

The price of oil gained 0.3% against the dollar in the last session. The Stochastic indicator is giving a negative signal, suggesting a possible bearish reversal.

 

 

Aussie's Stable Performance

The AUD/USD pair remained largely unchanged during the last session. The Rate of Change (ROC) is giving a positive signal, suggesting potential upward momentum.

 

 

Global Financial Headlines

Cryptocurrency hackers have reportedly stolen $1.5 billion in 2023, with $71 million stolen in November alone. Meanwhile, German annual inflation remained flat at 2.4% in November, breaking a downward trend. Oil prices edged higher following tensions in the Middle East and OPEC+ delays in extending production cuts.

 

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan's Household Spending Data - 2330 GMT

• US Consumer Confidence Index - 1400 GMT

• Eurozone GDP Growth Rate - 1000 GMT

• UK Manufacturing PMI - 0930 GMT

• OPEC Meeting Results

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Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

Japanese Yen Strong on Heighten Likelihood of BoJ Rate Hike

The Japanese yen strengthened further following an upbeat Tokyo CPI reading above 2%, reinforcing expectations of a potential BoJ rate hike. USD/JPY fell below the 150 level as market sentiment shifted. Meanwhile, the dollar remained subdued after Wednesday’s PCE report, with the Dollar Index retreating from the 106 mark, reflecting expectations of steady Fed policy.
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How Global Economic Shifts Shape November's Trading Opportunities

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Daily Global Market Update

Daily Global Market Update

Bitcoin faces a bearish trend, while Alibaba Bar stock shows potential for upward movement. The Aussie Dollar is correcting downwards but may recover, and Gold is on an upward trajectory. Global markets are influenced by geopolitical tensions and economic indicators. Key economic events this week include Japanese and European data releases.
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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 | 2 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 | 3 วันที่ผ่านมา
Trump’s Tariff Policies Push Dollar Higher

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The dollar surged to a recent high, recovering from yesterday's retreat, driven by President-elect Donald Trump's threats of 25% tariffs on Canada, China, and Mexico.
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Daily Global Market Update

Daily Global Market Update

Oil rallied, Aussie Dollar dipped, Euro weakened, Dollar-Yen corrected. Global stocks surged, led by tech optimism. Bitcoin nears $100K, market awaits US policy shifts. Key economic data from Japan, US, Eurozone, and Germany due.
Moneta Markets | 4 วันที่ผ่านมา