Daily Global Market Update

The pound fell 0.9% due to overselling. Bitcoin dropped 1.4% but shows optimism in Stochastic. Oil rose 0.3% despite potential bearish trend. Aussie Dollar fell 1%, Stochastic indicates bullishness. Bitstamp ends US staking due to regulation. Bank of England's rate hike expected at 5.5% on Sept 21. Woodside deal aims to reduce Australian LNG disruptions.
Moneta Markets | 1171 hari yang lalu

Pound's Downward Drift

The pound faced a considerable decline of 0.9% against the dollar in its latest trading session. Based on the Stochastic RSI, current conditions suggest an oversold market.

 

 

Bitcoin's Contrasting Indications

Bitcoin, when paired with the dollar, noted a sharp 1.4% fall in the preceding session. However, the Stochastic indicator signals optimism, presenting a divergence from the general technical analysis.

 

 

Oil's Ambiguous Trajectory

The Oil-Dollar pair witnessed a 0.3% rise in the last session. Contrarily, the RSI alludes to potential bearish momentum ahead.

 

 

Aussie Dollar's Drop

The Aussie Dollar pair took a substantial hit, declining by 1% in its recent trading session. Despite this, the Stochastic indicator presents a bullish sentiment.

 

 

World Financial News

Bitstamp, a pioneering digital asset exchange, is set to cease staking services in the U.S. This move comes amidst increasing scrutiny from the Securities and Exchange Commission. In the banking sector, the Bank of England's next anticipated rate hike seems to be modest, settling at 5.5% come September 21st. Yet, a significant portion of experts, as gathered by Reuters, foresees even higher rates within this year. On the energy front, there are anticipations of a decline in natural gas prices following Woodside Energy's provisional agreement with the Trade union. This understanding could potentially mitigate industrial disruptions at Australia's most expansive LNG production facility.

Key Economic Announcements

Here's a snapshot of the imminent economic unveilings:

• U.S Michigan Consumer Sentiment Index - 1400 hours GMT

• U.S Baker Hughes U.S Oil Rig Count - 1700 hours GMT

• Germany's Gross Domestic Product - 0600 hours GMT

• Germany's IFO Business Climate - 0800 hours GMT

• Japan's CFTC JPYNC Net Positions - 2030 GMT

• UK's CFTC GBP NC Net Positions - 2030 GMT

Moneta Markets
Tipe: STP, ECN
Regulasi: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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