Daily Global Market Update
Pound Dollar Pair's Positive Momentum
The pound experienced a 0.4% rise against the dollar in the latest trading session. The Rate of Change (ROC) indicator is signaling a positive outlook.
Bitcoin's Positive Momentum
The Bitcoin-dollar pair saw a 0.9% increase in the last session. The Ultimate Oscillator is giving a positive signal.
Oil's Upward Surge
The oil-dollar pair surged by 1.3% in the recent session. The Stochastic RSI is indicating a positive trend.
Aussie Dollar's Correction
The Aussie dollar pair made a minor correction, gaining 0.2% in the last session. The Commodity Channel Index (CCI) is indicating positivity.
World Financial Headlines
The United States Securities and Exchange Commission is expected to reject spot ether exchange-traded funds in May, according to reports. Meanwhile, the Swiss National Bank reported a record quarterly profit of 58.8 billion Swiss francs, attributed to a weakening franc and booming equity markets. Oil prices rose amid concerns of supply disruptions in the Middle East, as Israel escalated air strikes on Gaza. The comments from the US Treasury Secretary about the economy's performance also influenced market sentiments.
Upcoming Economic Events
Here are today's major economic events:
• Japan's BOJ Interest Rate Decision - 3 GMT
• Spain's Retail Sales - 7 GMT
• UK CFTC GBP NC Net Positions - 1930 GMT
• Japan's BOJ Monetary Policy Statement - 3 GMT
• US Personal Spending - 1230 GMT
• Australia's Export Price Index - 1:30 GMT
EBC Markets Briefing | US stocks muted as investors await key earnings
Demand for safe assets lingers
AUD/USD Struggles for Stability: Chances are Slim
USDJPY poised for a bullish trend reversal
Crypto Market Stumbles During Climb
Daily Global Market Update
Dollar Stays Strong as U.S. Election is Approaching
