Daily Global Market Update
Pound/Dollar Decline
The GBP/USD pair saw a decrease of 0.3% against the dollar in the last session. The MACD is indicating a negative signal.
Bitcoin's Slight Dip
Bitcoin experienced a minor decline of 0.1% against the dollar in the last session. The Williams indicator is giving a negative signal.
Oil/Dollar's Sharp Increase
The Oil/Dollar pair rose sharply by 1.1% in the last session. The CCI indicates an oversold market.
Aussie/Dollar's Fall
The AUD/USD pair fell by 0.5% in the last session. The Stochastic RSI indicates an oversold market.
Global Financial Headlines
Donations to Donald Trump's campaign for reelection as US President have reached approximately $3 million in cryptocurrency, with notable contributions from Gemini co-founders Cameron and Tyler Winklevoss. In China, the Central Bank conducted an unscheduled lending operation at reduced rates, indicating an attempt to stimulate the economy. Brent crude futures rose to $82 a barrel, influenced by strong US economic data and expectations of increased demand, although concerns over China's oil imports limited gains.
Upcoming Economic Highlights
Today's major economic events include:
• Spain's Retail Sales - 0700 GMT
• UK's CFTC GBP Net Positions - 1930 GMT
• Japan's Coincident Index - 0500 GMT
• Japan's Leading Economic Index - 0500 GMT
• US Personal Spending - 1230 GMT
• French Consumer Confidence - 0645 GMT