Daily Global Market Update

Bitcoin up 4.7%, potential pullback. Amazon rose 0.4%, mixed signals. Aussie Dollar down 0.9%, negative MACD. Gold fell 0.7%, downturn signal. Financial: USD rebounded, XA's $1B offering, mixed job data. Key events: US Unit Labor Costs, Japan's Foreign Bond Investment, US ADP Employment Change, Germany's Factory Orders, Japan's Foreign Investment, Eurozone's Retail Sales.
Moneta Markets | 1068 hari yang lalu

Bitcoin's Surge and Market Implications

Bitcoin against the USD witnessed a significant surge of 4.7% in the last session. The Ultimate Oscillator indicates an overbought market, suggesting potential pullbacks.

 

 

Amazon's Stock Fluctuations

Amazon's stock rose by 0.4% in the last session, with an intraday high of 3.5%. However, the Rate of Change (ROC) indicator is showing a negative signal, conflicting with our overall technical analysis.

 

 

Aussie Dollar's Decline

The Australian Dollar fell 0.9% in the last session. The Moving Average Convergence Divergence (MACD) is showing a negative signal, aligning with the broader technical outlook.

 

 

Gold's Recent Performance

Gold experienced a decline of 0.7% against the dollar in the previous session. The Ultimate Oscillator is giving a negative signal, which may indicate further downturns.

 

 

Financial Market News

Gold prices rose amidst a decline in US dollar and treasury yields, with traders reassessing the likelihood of an interest rate cut by the US Federal Reserve in early 2024. The US dollar regained some ground against a basket of currencies, despite a recent sell-off and data showing a decrease in US job openings since early 2021. XA, supported by Tesla CEO Elon Musk, is raising up to $1 billion in an equity securities offering, with $34.71 million already sold and $65.3 million remaining, as per the US SEC filings.

 

Upcoming Economic Events

Here's a snapshot of today's key economic releases:

• US Unit Labor Costs - 1330 GMT

• Japan's Foreign Bond Investment - 2350 GMT

• US ADP Employment Change - 1315 GMT

• Germany's Factory Orders - 0700 GMT

• Japan's Foreign Investment in Japan Stocks - 2350 GMT

• Eurozone's Retail Sales - 1000 GMT

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