Daily Global Market Update

Pound falls 0.3%, Bitcoin drops 2.1%, Oil gains 0.1%. Aussie dollar steady. Gemini to return $1.1bn; US inflation may prompt Fed cut. Key economic data: US ISM PMI, UK GBP, Japan PMI, Eurozone CPI.
Moneta Markets | 982 hari yang lalu

Pound's Recent Slide

The pound experienced a decline of 0.3% against the dollar in the last trading session. An analysis using the Ultimate Oscillator suggests a negative market signal.

 

 

Bitcoin's Notable Decline

Bitcoin, paired with the dollar, plummeted 2.1% in the last session. The MACD is giving a positive signal, aligning with our overall technical analysis.

 

 

Oil's Slight Increase

The oil paired with the dollar rose 0.1% in the last session, with gains reaching up to 1.4% during the session. The CCI indicates an overbought market.

 

 

Aussie Dollar's Stagnation

The Australian dollar price remained largely unchanged in the last session. The stochastic indicator is giving a negative signal.

 

 

Global Financial Headlines

Gemini Trust has agreed to return at least $1.1 billion to customers of its recently shuttered lending program, following a settlement with a New York regulator. In the US, prices have accelerated, particularly in the housing and finance sectors, though the annual inflation rate has seen the smallest increase in three years, keeping a mid-year interest rate cut by the Federal Reserve a possibility. Gold reached a one-month high as the dollar weakened, with traders now focusing on comments from Federal Reserve officials for hints on future interest rate cuts.

 

Upcoming Economic Highlights

Today’s major economic releases include:

• US ISM Manufacturing PMI - 1500 hours GMT

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

• Japan's Jibun Bank Manufacturing PMI - 0030 GMT

• Eurozone's Harmonized Index of Consumer Prices - 1000 hours GMT

• Italy's Consumer Price Index - 1100 GMT

• US ISM Manufacturing Employment Index - 1500 GMT

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