Daily Global Market Update

Bitcoin saw a 2.3% increase, Nike's stock rose by 0.4%, AUD/USD pair declined by 0.5%, while gold dipped 1%. Oil prices fell amid supply concerns, the US dollar edged higher, and NFT sales dropped by 54% in May. Economic highlights include data from Japan, France, Eurozone, and the US.

Bitcoin's Significant Rise

Bitcoin experienced an increase of 2.3% against the dollar in the last session. The Rate of Change (ROC) indicates a positive signal.

 

 

Nike's Stock Uptick

Nike's shares rose by 0.4% in the last session. The Stochastic indicator is giving a positive signal.

 

 

AUD/USD Pair's Decline

The AUD/USD pair fell by 0.5% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Gold's Dip Amid Market Uncertainty

The gold-dollar pair experienced a 1% decline in the last session. The Stochastic indicator is giving a negative signal.

 

 

Global Financial Headlines

Oil prices fell more than $1 a barrel on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. The US dollar edged higher from its more than two-month lows against the euro, sterling, and Swiss franc as investors consolidated gains in other currencies ahead of a key non-farm payrolls report later this week. Meanwhile, the overall NFT space saw a 54% drop in sales in May, but digital collectibles on the Bitcoin blockchain reached a new milestone on June 4th, with total all-time sales volume exceeding $4 billion.

 

Upcoming Economic Highlights

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

• Japan's Foreign Bond Investment - 2350 GMT

• France's Industrial Output - 0645 GMT

• Japan's Jibun Bank Services PMI - 0300 GMT

• Eurozone's Producer Price Index - 0900 GMT

• US ISM Services PMI - 1400 GMT

• US ADP Employment Change - 1215 GMT

Moneta Markets
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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