Daily Global Market Update

Pound dips, Bitcoin falls, Oil rises, Aussie drops. North Korean hackers launder $12M in Ether. China keeps key rate. Economic data from France, Japan, US, Finland, UK.

Moneta Markets | 902 days ago

Pound's Recent Decline

The Pound experienced a decrease of 0.3% against the dollar in the last trading session. The Williams indicator is signalling a negative outlook.

Bitcoin's Dramatic Drop

The Bitcoin-dollar pair saw a significant drop of 2.2% in the last session. The MACD is giving a positive signal.

Oil's Surge

The oil-dollar pair surged by 1.4% in the last session. The RSI is indicating a positive market.

Aussie's Downturn

The Australian dollar fell by 0.6% against the US dollar in the last session. The Stochastic RSI is signalling a negative outlook.

Global Financial Headlines

North Korean hackers, tied to the infamous Lazarus group, have used coin mixing service Tornado Cash to launder $12 million worth of Ether in 24 hours. More than 40 transactions have been sent by the Lazarus group to Tornado Cash on March 13th and March 14th. China's Central Bank is expected to leave a key policy rate unchanged today amid uncertainty over the timing of expected Federal Reserve interest rate cuts. Oil prices climbed, supported by strong demand in the US after gasoline stocks hit a 3-month low and crude stockpiles dropped unexpectedly, with supply concerns remaining after Ukrainian attacks on Russian refineries.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• French Consumer Price Index - 0745 GMT

• Japan's Tertiary Industry Index - 0430 GMT

• US Industrial Production - 1315 GMT

• Finland's Gross Domestic Product - 0600 GMT

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

• UK's Consumer Inflation Expectations - 0930 GMT

Moneta Markets

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Type: STP, ECN

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)

Tags: Analisis

Fed Remarks Dampen Rate Hike Hopes Ahead of NFP Release

The U.S. August Nonfarm Payrolls report will be released tonight, the last major employment report before the Fed’s September meeting. Markets expect payrolls to rise by 58,000 (previous: -23,000), unemployment to remain at 4.1%, and average hourly earnings to increase 0.3% m/m (previous: 0.1%). The data could significantly impact rate expectations and market volatility.

ATFX | 56 minutes ago

Wall Street Moves Into Stablecoins as Global Banks Prepare Their Own Digital Dollar💥

Global banking giants are preparing a joint US dollar stablecoin, signalling a strategic push into digital finance. The move could protect deposit bases while unlocking lucrative reserve income from US Treasuries. Rather than competing directly with crypto-native issuers, banks may target regulated payments, tokenized assets and institutional settlement.

Headway | 13h 6min ago

Bullish crypto consolidation

The crypto market is consolidating after a rally, maintaining a bullish sentiment; BTC is holding steady at $79K, whilst news is fuelling interest in institutional accumulation.

FxPro | 13h 59min ago

Bitcoin Price Prediction: Can NFP Data Provide the Next Catalyst?

After a 25% rally in August, the price has steadied above 78k ahead of NFP data; Expectations are for 56k jobs to be added vs -23k in July; The market prices in 61% chance of a Fed rate hike; 68% of BTC supply is in profit, ETF demand wavering after a strong August; BTC technical analysis.

PrimeXBT | 14h 37min ago