Daily Global Market Update
Bitcoin's Downtrend Continues
Bitcoin noted a descent of 0.4% against the dollar in the preceding trading session. The Stochastic RSI suggests the market is in an oversold territory.
Facebook's Minor Recovery
Facebook's stock observed a modest rise of 0.2% in its last trading session. However, the RSI is highlighting a bearish outlook.
Aussie's Decline
The Aussie marked a 0.3% drop against the dollar in its recent trading session. The Stochastic signals a bearish market.
Gold-Dollar Tandem's Dip
The gold-dollar pairing witnessed a slump of 0.8% in its last trading encounter. The MACD presents a bearish perspective.
Global Financial News
Energy stocks primarily surged after Russia hinted at easing its fuel export ban. The Bank of England is expected to retain the bank rate of 5.25% until at least July, as per economists' predictions. Meanwhile, Exchange Finance is set to welcome back its Belgian users, three months post the cessation notice by Belgium's finance authority.
Economic Highlights for the Day
Anticipated economic disclosures for the day include:
• U.S Durable Goods Orders - 1230 GMT
• U.S Non-Defense Capital Goods Orders - 1230 GMT
• Germany's GfK Consumer Confidence Survey - 0600 hours GMT
• Finland's Consumer Confidence - 0500 hours GMT
• Japan's Coincident Index - 0500 hours GMT
• Japan's Leading Economic Index - 0500 hours GMT
EBC Markets Briefing | "Blue Wave" poised to sweep across stock markets
Stocks sink amid AI wipeout, dollar shines ahead of NFP
US Payrolls in Focus as Wall Street Rout and Falling Yields Cap the Dollar | 6th November, 2026
Week Ahead – Inflation and geopolitics in focus as US political landscape shifts
The dollar saves the day
Tech Stocks Lead US Selloff Ahead of Payrolls
Technical Analysis – USDJPY stays rangebound, pinned at support near 158.00
