Daily Global Market Update

Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.

Gold's Upward Correction

The Gold/USD pair made a minor upward correction in the last session, gaining 0.11%. The Stochastic RSI is giving a positive signal.

 

 

Euro's Slight Dip

The EUR/USD pair dipped 0.1% against the dollar in the last session. The Stochastic indicator indicates an oversold market.

 

 

Pound's Sideways Movement

The GBP/USD pair traded sideways in the last session. The MACD is giving a negative signal.

 

 

Bitcoin's Significant Rise

The Bitcoin/USD pair skyrocketed 4.7% in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Global Financial Headlines

US stocks were led higher by technology shares, while crude prices dipped amid light Columbus Day trading. Bitcoin led weekly inflows with $419 million. Nvidia's stock climbed 2.8%, nearing record highs.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• UK's Employment Change - 6 GMT

• US Red Book Index - 1255 GMT

• UK's Claimant Count Change - 6 GMT

• Germany's ZEW Survey Current Situation - 9 GMT

• Japan's Capacity Utilization - 430 GMT

• Eurozone's Industrial Production - 9 GMT

规则: FSA (Seychelles), FSCA (South Africa)
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EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD Continues Downward Amid Economic Uncertainties

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have influenced this movement. Bostic suggests a modest 25-basis-point cut in interest rates this year – contrary to earlier predictions of a more aggressive 50-point reduction.
RoboForex | 1小时24分钟前
GBP Market Update Insights on Recent Movements and Key Influences

GBP Market Update Insights on Recent Movements and Key Influences

The British pound (GBP) has seen a mild pullback in October, following a period of robust appreciation throughout the summer months. Despite the recent retreat, the pound remains resilient, having shown significant strength against major currencies such as the US dollar (USD) and the euro (EUR) over the course of the year.
ACY Securities | 8小时17分钟前
EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD Experiences Downward Pressure Amid Fed Rate Cut Speculations

EUR/USD has seen a slight downturn, correcting near the support level of 1.0905 as the market adjusts its expectations regarding the Federal Reserve's monetary policy. The probability of a 25-basis-point rate cut by the Fed in November currently stands at 86.8%, reflecting a cautious outlook for significant further easing this year.
RoboForex | 2天前
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 | 2天前
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 | 5天前