Daily Global Market Update

Currency updates show Pound slightly up against the Dollar. Bitcoin dipped while Oil surged, indicating market shifts. Binance discontinues Ruble transactions with Advanced Cash. Bank of England maintains high-interest rates amidst inflation concerns. Geopolitical tensions impact future oil trading. Key economic data to watch today includes US Non-farm Payrolls and Euro Zone Unemployment Rate.
Moneta Markets | 1101 hari yang lalu

Pound Dollar's Slight Bump

The pound witnessed a modest ascent of 0.1% against the dollar during its recent session. An analysis utilising the RSI indicates a favourable backdrop.

 

 

Bitcoin Dollar's Dive

Bitcoin, when measured against the dollar, declined by 1.5% in the previous session. The Stochastic RSI suggests a bearish environment.

 

 

Oil's Explosive Session

The oil-dollar pairing surged by 2.1% in the recent trading session. The CCI is pointing towards an oversold market condition.

 

 

Aussie's Minor Upward Tweak

The Aussie dollar underwent a slight upward adjustment, marking a 0.1% gain in its last engagement. The Ultimate Oscillator signals a harmonious alignment with the broader technical perspective.

 

 

World Financial Updates

Binance is set to conclude its collaboration with the Russian payment medium, Advanced Cash, thereby terminating ruble transactions. Advanced Cash functioned as a bridge between sanctioned Russian banks and the exchange. In parallel, the Bank of England maintained interest rates at their peak in 15 years. Yet, the policymakers remain divided on the strategies to tackle surging inflation. The oil trading community is predicted to offer premiums for the annual provision of the majority of Middle Eastern crude in 2024. This is attributed to apprehensions over supply, especially post the intensification of geopolitical strains following the Israel-Gaza discord.

 

Today's Economic Highlights

Here's a synopsis of the imminent economic releases:

• US Non-farm Payrolls - 1230 hours GMT

• Euro Zone's Unemployment Rate - 1000 hours GMT

• US Average Hourly Earnings - 1230 hours GMT

• Japan's CFTC JPY NC Net Positions - 2030 hours GMT

• Australia's Retail Sales - 0030 hours GMT

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