Daily Global Market Update

Bitcoin down 0.1%, Microsoft up 0.8%, Aussie dollar stable, gold dips 0.1%, cautious oil price rise; US sees unexpected consumer price hike, $1.7 billion crypto loss to hackers. Economic highlights: UK GDP, US Fed Rate Decision, Finland's Current Account, US FOMC Press Conference, UK Industrial Production, and Japan's Foreign Investment in Japan Stocks.
Moneta Markets | 1061 hari yang lalu

Bitcoin's Slight Retreat

Bitcoin, when paired with the US dollar, saw a minor decline of 0.1% in the last session, despite an intraday high of a 2% gain. The Ultimate Oscillator indicates a negative signal, suggesting a potential continuation of this downtrend.

 

 

Microsoft's Positive Outlook

Microsoft shares experienced an uptick of 0.8% in the last session. The Rate of Change (ROC) indicator is emitting a positive signal, aligning with the stock's upward momentum.

 

 

Aussie Dollar's Stagnation

The Australian dollar showed little change in its last session against the US dollar. The Relative Strength Index (RSI) presents a negative signal, reinforcing the bearish sentiment observed in our technical analysis.

 

 

Gold's Minor Correction

Gold experienced a slight decrease of 0.1% against the dollar in the last session. The Rate of Change (ROC) indicator is showing a positive signal, which might suggest an upcoming rebound.

 

 

Global Financial Headlines

Oil prices have seen a modest increase, but investor sentiment remains cautious in anticipation of upcoming interest rate decisions and inflation data. Concerns about oversupply and a slowdown in demand growth are also capping these gains. In the US, consumer prices have risen unexpectedly in November, indicating that the Federal Reserve might not pivot to interest rate cuts in the near future. Crypto projects have reportedly lost around $1.7 billion to hackers this year, a significant decrease attributed to enhanced security and increased law enforcement action.

 

Upcoming Economic Highlights

Today’s key economic releases include:

• UK's Gross Domestic Product - 0700 hours GMT

• US Federal Reserve Interest Rate Decision - 1900 hours GMT

• Finland's Current Account - 0600 hours GMT

• US FOMC Press Conference - 1930 hours GMT

• UK's Industrial Production - 0700 hours GMT

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

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