Daily Global Market Update

Bitcoin dropped 1.5%, possibly oversold. Google stock rose 1% but signals potential downward pressure. AUD/USD stable, hints at upward movement. Gold up 0.3%, but may reverse. Oil prices surged $1 on OPEC+ supply expectations. US Treasury auctions weak, impacting dollar and yields.
Moneta Markets | 145 ngày trước

Bitcoin's Significant Drop

Bitcoin's value against the dollar plummeted by 1.5% in the last session. The Stochastic indicator is signaling that the market could be oversold, suggesting a negative outlook for the cryptocurrency.

 

 

Google's Stock Progress

Google's stock experienced an increase of 1% in the last session. The Stochastic RSI indicates a negative signal, suggesting potential downward pressure despite the recent gain.

 

 

Stability in AUD/USD

The AUD/USD pair remained largely unchanged in the last session. The Stochastic RSI is currently providing a positive signal, hinting at potential upward movement.

 

 

Gold's Minor Gain Amid Market Volatility

Gold increased by 0.3% against the dollar in the last session. The Stochastic indicator shows a negative signal, which may suggest a potential reversal or consolidation in the near term.

 

 

Global Financial Headlines

Oil prices rose sharply, gaining more than $1 a barrel with expectations that OPEC+ will maintain supply curbs. Additionally, the start of the US summer driving season and a weaker dollar have contributed to the price increase. In other news, the US Treasury saw weak demand in recent bond auctions, affecting the dollar and treasury yields.

 

Upcoming Economic Highlights

Here is a brief rundown of today's major economic events:

• Australia's Construction Work Done - 0130 GMT

• Japan's Foreign Bond Investment - 2350 GMT

• Germany's Harmonized Index of Consumer Prices - 1200 GMT

• US Federal Reserve's Beige Book - 1800 GMT

• Japan's Consumer Confidence - 0500 GMT

• US MBA Mortgage Applications - 1100 GMT

Cơ quan quản lý: FSA (Seychelles), FSCA (South Africa)
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Daily Global Market Update

Daily Global Market Update

Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.
Moneta Markets | 5 ngày trước
Dollar Holds Firm, But Will the Strength Persist?

Dollar Holds Firm, But Will the Strength Persist?

The Dollar Index remains volatile as mixed economic data sparks uncertainty around Federal Reserve policy. While stronger-than-expected CPI and job numbers initially boosted the dollar, a lower-than-anticipated PPI reading has led to speculation about a cautious Fed stance on rate cuts.
PU Prime | 7 ngày trước
Oil Prices Surge on Heightened Geopolitical Tension

Oil Prices Surge on Heightened Geopolitical Tension

Oil experienced heightened volatility in yesterday's session, with prices surging more than 3% as geopolitical risks escalated. The market reacted to reports that Israel plans to attack Iranian oil facilities, while the Houthis, a military rebel group, allegedly attacked an oil tanker in the Red Sea, raising concerns over potential disruptions to global oil supply.
PU Prime | 10 ngày trước
Daily Global Market Update

Daily Global Market Update

GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut.
Moneta Markets | 10 ngày trước
AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties in China, Australia's largest trading partner.
RoboForex | 11 ngày trước