Daily Global Market Update

Bitcoin plunged 4%, oversold on the Stochastic RSI. NIO gained 1.9%, positive Stochastic signal. AUD/USD fell 0.4%, positive RSI. Gold soared 1%, negative Stochastic RSI. Global financial headlines: Gold surged over 1% amid Iran-Israel tensions. Dollar Index rose 0.45%. Crypto hacks decreased in Q3, but stolen assets increased by 99.5%.

Bitcoin's Significant Decline

The Bitcoin/USD pair plummeted by 4% in the last trading session. The Stochastic RSI indicates that the market is currently oversold.

 

 

NIO's Positive Performance

NIO shares experienced a gain of 1.9% in the last session. The Stochastic indicator is currently giving a positive signal.

 

 

Australian Dollar's Decline

The AUD/USD pair saw a decline of 0.4% in the last session. However, the RSI is currently giving a positive signal.

 

 

Gold's Significant Rise

The Gold/USD pair skyrocketed by 1% in the last session. However, the Stochastic RSI is currently giving a negative signal.

 

 

Global Financial Headlines

Gold prices surged over 1% due to increased safe-haven demand as fears of a full-scale war in the Middle East escalated following Iran's launch of ballistic missiles at Israel. Spot gold gained 1%. Safe-haven currencies strengthened in response to Iran's missile attack on Israel, while the dollar also firmed on data showing a resilient US labour market. The Dollar Index rose 0.45%. In the cryptocurrency sector, the third quarter of 2024 has seen a decrease in the total number of reported crypto hacks, but a spike in the value of assets stolen. The overall financial damage surged by approximately 99.5%, with a total of 753 million dollars taken from investors across 155 incidents.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US ADP Employment Change - 12:15 GMT

• US MBA Mortgage Applications - 11:00 GMT

• Eurozone Unemployment Rate - 09:00 GMT

• Spain's Unemployment Change - 07:00 GMT

• Japan's Consumer Confidence Index - 05:00 GMT

• Japan's Foreign Bond Investment - 23:50 GMT

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