Daily Global Market Update
Bitcoin's Surge in the Market
The Bitcoin/USD pair skyrocketed by 3.8% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.
Tesla's Decline
Shares of Tesla crashed 3.2% in the last session. The Ultimate Oscillator is giving a positive signal.
Aussie's Minor Dip
The AUD/USD pair dipped slightly by 0.1% in the last session. The MACD is giving a positive signal.
Gold's Significant Rise
The Gold/USD pair exploded 1.2% in the last session. The RSI is giving a positive signal.
Global Financial Headlines
Gold prices jumped to a two-month peak, supported by a weaker dollar, as markets flocked to the safe-haven asset amidst uncertainty surrounding US tariffs. British government borrowing costs fell to pre-sell-off levels as investors in the US and UK welcomed early US presidential moves. Dogecoin surged in double-digit percentages in 15 minutes following the announcement of the US Government Efficiency Department's website launch, breaking its short-term downtrend.
Upcoming Economic Highlights
Key economic events to look out for include:
• US MBA Mortgage Applications - 12:00 GMT
• US Redbook Index - 13:55 GMT
• Germany's German Boer Monthly Report - 11:00 GMT
• Japan's Foreign Investment in Stocks - 23:50 GMT
• Japan's Foreign Bond Investment - 23:50 GMT
• UK's Public Sector Net Borrowing - 7:00 GMT