Daily Global Market Update

Gold up 0.7% (bullish ROC), Euro stable, Pound up 0.1% (bullish Williams), Bitcoin down 1% (bearish Williams). Rising US bond yields impact global borrowing costs. Finance expands in the UK. Samsung, SK Hynix get approvals for US chip equipment supply to China. Economic highlights: US NFIB Business Optimism, Redbook Index, Dutch CPI, Consumer Spending, Japan's Eco Watchers Survey.
Moneta Markets | 1125 hari yang lalu

Gold's Impressive Ascent

Gold surged by 0.7% against the dollar in the last trading session. An analysis through the Rate of Change (ROC) indicates a bullish momentum.

 

 

Euro's Stable Stance

The euro-dollar pair exhibited minimal fluctuations in the previous session. The Stochastic indicator hints at a bullish momentum.

 

 

Pound's Slight Recovery

The pound-dollar pair experienced a minor upward correction, advancing 0.1% in the latest session. The Williams indicator suggests a bullish landscape.

 

 

Bitcoin's Downward Shift

Bitcoin, when paired with the dollar, suffered a 1% decline in the recent session. Interestingly, the Williams indicator points towards bearish territory.

 

 

Financial Market Insights

Surging US government bond yields are prompting global borrowing costs to escalate, introducing fresh challenges for economic policymakers. They aim to moderate inflation without sparking a substantial crisis. Finance, the globe's foremost trading platform by volume, is expanding its UK footprint by launching a regional domain, even after retracting its registration with the UK's Financial Conduct Authority. In the realm of electronics, Samsung and SK Hynix have secured indefinite permissions to provide US chip equipment to their Chinese plants without isolated US approvals.

 Today's Economic Highlights

A glance at the impending economic announcements:

• US NFIB Business Optimism Index - 1000 hours GMT

• US Redbook Index - 1255 GMT

• Dutch Consumer Price Index - 0430 GMT

• Dutch Consumer Spending Volume - 0430 GMT

• Japan's Eco Watchers Survey (Current) - 0500 hours GMT

• Japan's Eco Watchers Survey (Outlook) - 0500 hours GMT

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