Daily Global Market Update

In recent trading, Gold -0.4%, Euro -0.5%, Pound -0.2%, Bitcoin +0.1%. U.S. bond yields up, Yen near 150/dollar. Coinbase holds 1M Bitcoin (5% of total). Amazon invests $4B in AI firm Anthropic. Economic releases today: U.S. Consumer Confidence, Red Book Index, S&P Case-Shiller Home Price Indices, New Home Sales, Finland's Unemployment Rate, Japan's BOJ Monetary Policy Meeting Minutes.
Moneta Markets | 1139 hari yang lalu

Gold's Trading Session Analysis

Gold encountered a decrease of 0.4% against the dollar in the preceding trading session. The ROC suggests a positive market sentiment.

 

 

Euro's Decline Against the Dollar

The Euro witnessed a decline of 0.5% against the dollar during the last trading session. The ROC is suggesting a negative outlook.

 

 

Pound's Minor Dip

The pound-dollar pair observed a slight dip of 0.2% in the previous session. According to the CCI, the market is currently oversold.

 

 

Bitcoin's Recent Fluctuations

The Bitcoin-dollar pairing experienced a subtle rise of 0.1% in the last trading session. However, the stochastic RSI indicates a negative market trend.

 

 

Global Market Insights

Amid the Federal Reserve's hawkish tone last week, U.S bond yields surged, driving the dollar to a six-month peak. Concurrently, the Yen is inching closer to the significant 150 per dollar threshold. In the currency spectrum, blockchain intelligence entity, Arkham, disclosed that the renowned exchange, Coinbase, holds roughly 1 million Bitcoin. Valued at over 25 billion dollars at prevailing market prices, these holdings represent almost 5% of the entire Bitcoin available. E-commerce titan, Amazon, has pledged an investment of up to 4 billion dollars in the AI company, Anthropic. Taking a minority stake, Amazon's move accentuates its vehement push in AI, aiming to match strides with competitors like Microsoft and Google.

 

Today’s Economic Spotlight

The day ahead brings several pivotal economic releases:

• U.S Consumer Confidence - 1400 hours GMT

• U.S Red Book Index - 1255 hours GMT

• U.S S&P Case-Shiller Home Price Indices - 1300 hours GMT

• U.S New Home Sales - 1400 hours GMT

• Finland's Unemployment Rate - 0500 hours GMT

• Japan's BOJ Monetary Policy Meeting Minutes - 2350 GMT

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