Daily Global Market Update

Bitcoin declined due to bearish MACD signals. Alibaba's stock was stable with a bullish MACD. The Aussie Dollar weakened, oversold by CCI. Gold surged on geopolitical tensions and rate cut expectations, with a bullish Ultimate Oscillator. Global markets saw mixed trends, with Microsoft rejecting Bitcoin addition.
Moneta Markets | 696 hari yang lalu

Bitcoin's Decline in the Market

The Bitcoin-Dollar pair fell by 2.2% in the last trading session. The MACD is giving a negative signal, indicating potential bearish momentum.

 

 

Alibaba's Stable Performance

Alibaba's stock remained largely unchanged in the last session. The MACD is giving a positive signal, suggesting upward momentum in the near term.

 

 

Aussie Dollar's Decline

The Australian Dollar fell by 0.8% against the US Dollar in the last session. According to the CCI, the market is in an oversold condition, indicating a potential reversal.

 

Gold's Remarkable Surge

The Gold-Dollar pair soared by 1.2% in the last session. The Ultimate Oscillator is giving a positive signal, reflecting strong bullish momentum.

 

Global Financial Updates

Gold prices reached a two-week high amid rising geopolitical tensions and expectations of a third US rate cut by the Federal Reserve next week. The Canadian Dollar strengthened slightly against the US Dollar as oil prices rose. Microsoft shareholders recently rejected a proposal to add Bitcoin to the company's balance sheet, with the board deeming the move unnecessary.

 

Upcoming Economic Events

Key economic events to watch for this week include:

• US Inflation Data - 1330 GMT

• Bank of Canada Rate Decision - 1500 GMT

• Japan's Machine Tool Orders - 0600 GMT

• UK GDP Estimate - 0700 GMT

• Eurozone Industrial Production - 1000 GMT

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