Daily Global Market Update

Bitcoin fell 5.7%, Alibaba rose 0.4% but signals negativity, Australian dollar increased 0.4%, Gold surged 1.4%, Gold hit record highs, Bitcoin ETFs trading volume surged. Upcoming: US ADP Employment, US ISM Services PMI, Eurozone CPI, Eurozone Unemployment Rate, Japan Services PMI, Japan Foreign Bond Investment.

Moneta Markets | 883 days ago

Bitcoin's Recent Decline

Bitcoin's value against the US dollar plummeted by 5.7% in the last trading session. The Relative Strength Index (RSI) is currently signaling a negative outlook.

Alibaba's Stock Performance

Alibaba's stock rose by 0.4% in the last session. The Rate of Change (ROC) indicator is giving a negative signal, aligning with our overall technical analysis.

Australian Dollar's Performance

The Australian dollar rose by 0.4% against the US dollar in the last trading session. The Williams indicator is giving a positive signal.

Gold's Recent Surge

The gold-dollar pair surged by 1.4% in the last session. The Williams indicator indicates an overbought market.

Global Financial Headlines

Gold prices rose to a fresh record high as demand for momentum following funds offset a strong US dollar and the possibility of higher US rates. The US dollar was down after hitting its highest in almost 5 months, following a report showing US job openings held steady at higher levels in February. Spot Bitcoin exchange-traded funds witnessed a spike in trading volume in March, reaching $111 billion, nearly three times the trading volume recorded in February, as Grayscale and BlackRock ETFs dominated the market.

Upcoming Economic Highlights

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

• US ADP Employment Change - 12:15 GMT

• US ISM Services PMI - 14:00 GMT

• Eurozone's Harmonized Index of Consumer Prices - 09:00 GMT

• Eurozone's Unemployment Rate - 09:00 GMT

• Japan's Jibun Bank Services PMI - 00:30 GMT

• Japan's Foreign Bond Investment - 23:50 GMT

Moneta Markets

4.6

264 ulasan

Type: STP, ECN

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

Tags: Analisis

USDCAD slides: Is a freefall to 1.3700 next?

USDCAD confirms bearish bias! MACD & RSI signal more downside. Watch 1.3830 pullback, targeting 1.3730 & 1.3700. Risk above 1.3860.

XM Group | 54 minutes ago

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 | 4h 6min 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 | 16h 16min 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 | 17h 9min 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 | 17h 47min ago