Daily Global Market Update

Gold, euro, pound, bitcoin fell. RSI, ROC, Williams, Stochastic indicate overbought/oversold. Wall Street retreated, treasury yields rose. Crypto inflows, Spirit Airlines surged. Key economic events: Redbook, API, Dutch, Finland, Belgian, UK.
Moneta Markets | 746 hari yang lalu

Gold's Minor Correction

The gold-dollar pair made a minor downwards correction in the last session, dropping 0.1%. According to the RSI, we are in an overbought market.

 

 

Euro's Decline

The Euro fell 0.4% against the dollar in the last session. The Rate of Change (ROC) is giving a negative signal.

 

 

Pound's Downturn

The pound fell 0.5% against the dollar in the last trading session. According to the Williams Percent Range indicator, we are in an oversold market.

 

 

Bitcoin's Decline

The Bitcoin-dollar pair dove 1.9% in the last session. The Stochastic RSI is giving a negative signal.

 

 

Global Financial Headlines

Wall Street lost ground, retreating after a strong rally the previous week as investors awaited earnings from major companies. A jump in treasury yields added pressure, with the yield on the benchmark 10-year bond rising to a 12-week high. Cryptocurrency investment products recorded their biggest inflows since July, hitting the $2.2 billion weekly mark, according to CoinShares. Shares of Spirit Airlines surged as much as 46% after reaching a deal with its credit card processor to extend a debt refinancing deadline by two months until December 23rd.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Redbook Index - 1255 GMT

• US API Weekly Crude Oil Stock - 2030 GMT

• Dutch Consumer Confidence Adjusted - 0430 GMT

• Finland's Unemployment Rate - 0500 GMT

• Belgian Consumer Confidence Index - 0900 GMT

• UK's Public Sector Net Borrowing - 0600 GMT

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