Daily Global Market Update

Bitcoin up 5.8% (RSI). Microsoft +1.9% (CCI), Aussie dollar +0.7% (CCI). Gold rises 0.8% vs. USD (RSI). Gold reacts to USD rally pause pre-data. Dollar volatile, hits 9-month high vs. Yen, awaits data. Bitcoin readies for next move, amid US releases. Upcoming: Eurozone Biz Climate, Japan Retail Sales, ADP Employment, US GDP, Germany Import Price, Japan Retail Trade.
Moneta Markets | 1166 hari yang lalu

Bitcoin's Explosive Jump

The Bitcoin-dollar pair surged by a significant 5.8% in the preceding trading session. The RSI's positive divergence echoes with the general technical prognosis.

 

 

Microsoft's Share Elevation

In the last session, shares of Microsoft observed a 1.9% uptick. As inferred from the CCI, the market sentiment appears overbought.

 

 

Aussie Dollar's Positive Move

The last trading session saw the Australian dollar grow by 0.7%. The CCI is projecting an encouraging signal, aligning with the uptrend.

 

 

Gold's Rally Against the Dollar

Gold recently rose by 0.8% when pitted against the dollar. The RSI seems to be painting a positive narrative, consistent with the broader technical evaluation.

 

 

Financial News Wrap-up

Gold prices rose, likely due to the recent rally in the US dollar and treasury yields beginning to show signs of weariness. This comes ahead of paramount inflation and job figures this week, which may shape the forecast for interest rates. Moreover, the dollar experienced fluctuations, hitting a nine-month peak against the Japanese Yen, only to dip when juxtaposed with a mix of currencies. This change was largely due to awaiting essential data releases later this week and surveillance for possible interventions to support the struggling Japanese currency. Bitcoin's price, after nearly a fortnight of steadiness, appears poised for its next significant move. Such expectations arise as the U.S. market awaits three crucial macroeconomic releases this week.

Upcoming Economic Highlights

On the economic front, here are today’s awaited releases:

• Eurozone's Business Climate - 0900 hours GMT

• Japan's Large Retailer Sales - 2350 GMT

• ADP Employment Change - 1215 GMT

• U.S Gross Domestic Product (Annualised) - 1230 GMT

• Germany's Import Price Index - 0600 hours GMT

• Japan's Retail Trade - 2350 GMT

Moneta Markets
Tipe: STP, ECN
Regulasi: FCA (UK), FSA (Seychelles), FSCA (South Africa)
baca selengkapnya
Stocks sink amid AI wipeout, dollar shines ahead of NFP

Stocks sink amid AI wipeout, dollar shines ahead of NFP

Nasdaq leads equity losses as AI outlook dims on fears of datacentre revolt. AI rout deepens in Asia but US futures point to some easing in selloff. Gold’s rebound hits a wall as traders turn to the safety of US dollar. Attention to turn to NFP report as December rate hike bets fade.
XM Group | 2 hari yang lalu
The dollar saves the day

The dollar saves the day

The dollar rebounds as the AI-driven S&P 500 sell-off boosts safe-haven demand, while the BoE’s first hike since 2023 fails to support the pound.
FxPro | 2 hari yang lalu
Tech Stocks Lead US Selloff Ahead of Payrolls

Tech Stocks Lead US Selloff Ahead of Payrolls

AI-related shares led the worst US equity session since 2020 as investors feared tighter oversight of AI and data-center buildout following the midterm results; Truist called it a “buyers’ strike in tech.” The selloff is spreading beyond Wall Street: Korean chipmakers fell about 10% before the open, the Kospi dropped below 5,000, CoreWeave’s five-year credit default swap widened to a record
ATFX | 2 hari yang lalu