Daily Global Market Update

Bitcoin, MetaStock, Aussie dollar, and gold fell. Oil prices dropped, Canadian dollar weakened. Ex-Binance CEO jailed. Key events: UK's 10y Bond Auction, US ADP Employment Change, Japan's BOJ Monetary Policy Meeting Minutes, Japan's Jibun Bank Manufacturing PMI, Dutch Market Manufacturing PMI, Dutch Retail Sales.

Moneta Markets | 856 days ago

Bitcoin's Significant Decline

The Bitcoin to USD pair experienced a notable decline of 5.7% in the last session. The CCI suggests an oversold market condition.

MetaStock's Slight Decrease

MetaStock experienced a minor fall of 0.3% in the last session. According to the Stochastic RSI, the market is oversold.

Aussie Dollar's Significant Drop

The Aussie dollar pair plummeted by 1.2% in the last session. The ROC is signaling a positive outlook.

Gold's Significant Dive

The gold-dollar pair dove 2% in the last session. The stochastic indicator is giving a negative signal.

Market News Highlights

Oil prices fell by 1%, extending losses, driven by rising US crude production and hopes of an Israeli-Hamas ceasefire. The Canadian dollar weakened to an 11-day low on slower-than-expected domestic economic growth, fueling speculations of deeper rate cuts by the Bank of Canada compared to the Federal Reserve. Former Binance CEO Changpeng Zhao has been sentenced to 4 months in prison for violating US money laundering laws.

Today's Major Economic Events

Here are today's major economic events:

• UK's 10y Bond Auction - 9:00 GMT

• US ADP Employment Change - 12:15 GMT

• Japan's BOJ Monetary Policy Meeting Minutes - 23:50 GMT

• Japan's Jibun Bank Manufacturing PMI - 03:00 GMT

• Dutch Market Manufacturing PMI - 05:00 GMT

• Dutch Retail Sales - 04:30 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 | 28 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 | 3h 41min 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 | 15h 51min 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 | 16h 44min 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 21min ago