Daily Global Market Update

Bitcoin dipped despite investor interest, Nio stock rose, AUD gained slightly, gold dipped. Fed Chair's dovish remarks weakened dollar. Watch today's data for economic clues.

Bitcoin's Plunge

Bitcoin USD experienced a decrease of 1.4% against the dollar in the last session. The Stochastic RSI indicates that we are currently in an overbought market.

 

 

Nio's Stock Gain

Nio's shares rose by 1.6% in the last session. The MACD is giving a positive signal.

 

 

AUD/USD Minor Bump

The AUD/USD pair saw a slight increase of 0.1% in the last session. The Stochastic RSI indicates an overbought market.

 

 

Gold's Minor Correction

The gold-dollar pair experienced a minor decline of 0.1% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

Gold prices edged down as treasury yields held firm, while investors digested comments from Federal Reserve Chair Jerome Powell and looked forward to US jobs data for further signals on US interest rate cuts. Meanwhile, the dollar slipped after Powell's dovish remarks, hinting at possible US interest rate cuts later this year. Notably, over half of the top American hedge funds have now invested in newly launched spot Bitcoin ETFs.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Australia's Retail Sales - 0130 GMT

• Japan's Jibun Bank Services PMI - 0300 GMT

• Spain's Unemployment Change - 0700 GMT

• US ISM Services PMI - 1400 GMT

• Japan's Foreign Bond Investment - 2350 GMT

• US ADP Employment Change - 1215 GMT

规则: FSA (Seychelles), FSCA (South Africa)
read more
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 | 1天前
What’s Next for USD, CAD, and AUD?

What’s Next for USD, CAD, and AUD?

The FX market has been showing some volatility, with the U.S. Dollar (USD) showing signs of softening amidst varying economic signals. The slight dip in the USD's strength was influenced by inconsistent Treasury yields and a relatively quiet economic calendar for this week.
ACY Securities | 1天前
Daily Global Market Update

Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.
Moneta Markets | 4天前
Gold Gain on Russia-Ukraine Tension

Gold Gain on Russia-Ukraine Tension

Gold extended its rally for a third consecutive session this week, gaining nearly 3% since Monday as the intensifying conflict between Russia and Ukraine drove safe-haven demand. Tensions escalated after Ukraine deployed U.S.-supplied missiles, prompting Russian President Putin to approve the use of nuclear deterrents in response.
PU Prime | 6天前
Daily Global Market Update

Daily Global Market Update

Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.
Moneta Markets | 6天前