Daily Global Market Update

Pound-dollar pair down 0.2%, oversold. Bitcoin-dollar dropped 1.9%, MACD bullish. Oil-dollar up 0.4%, CCI bearish. Aussie down 0.3%, CCI pessimistic. Bitcoin energy emissions decrease. Mixed London equities. U.S. oil futures rise due to reduced crude reserves. Key events: U.S. Baker Hughes Oil Rig Count, Dutch GDP, Japan BOJ decisions, UK Retail Sales, and CFTC GBP NC Net Positions.

Moneta Markets | 666 hari yang lalu

Pound's Downward Journey

The pound-dollar pair underwent a slight downwards revision in its recent trading period, diminishing by 0.2%. A close examination with the Stochastic RSI pinpoints to an oversold territory.

Bitcoin's Descent

The Bitcoin-dollar trading pair witnessed a sharp dip of 1.9% in the preceding session. Interestingly, the MACD is emanating a bullish vibe.

Oil's Volatile Stride

In the last trading bracket, the oil-dollar pair ascended by 0.4% after initially surging to a remarkable 2% intraday. Contradictorily, the CCI is hinting at a bearish trajectory.

Aussie's Decline Against the Dollar

The previous session recorded a drop of 0.3% for the Aussie against the dollar. The CCI continues to paint a gloomy picture for the upcoming trading sessions.

Top Global Financial News

The Bitcoin network has witnessed a significant drop in its energy emissions as an increasing number of miners transition to greener power sources. It is estimated that renewables now fuel over half of Bitcoin's energy demands. This positive trend, juxtaposed against the continual rise in Bitcoin's hash rate, delineates a decreasing emissions intensity, diverging from most countries' narratives. London's equities scene is revealing a mixed bag. While stocks generally retreated, rate-sensitive homebuilder stocks flourished after the Bank of England kept the interest rates unchanged. This gesture indicates that the bank might soon wrap up its rate hike spree. Across the pond, U.S. oil futures are witnessing a slight uptick. They are drawing moderate backing from the latest U.S. governmental data which displayed a notable weekly decrease, exceeding 2 million barrels, in crude reserves.

Today's Economic Highlights

Get ready for the following major economic unveilings:

• U.S Baker Hughes U.S Oil Rig Count - 1700 hours GMT

• Dutch Gross Domestic Product - 0430 GMT

• Japan's BOJ Interest Rate Decision - 0300 GMT

• Japan's BOJ Monetary Policy Statement - 0310 GMT

• UK's Retail Sales Data - 0600 hours GMT

• UK's CFTC GBP NC Net Positions - 2030 GMT

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

Teg: Analisis

EBC Markets Briefing | Oil steadies on clash in Iraq

Oil prices were stable on Friday, following a rise, as worries over reduced Iraqi supply clashed with fears of lower demand from US tariffs.

EBC Financial Group | 1 hari yang lalu

Gold Ends the Week in Decline

Gold remained below $3,340 per ounce this week, on track to close in negative territory for the first time in three weeks. The downward pressure followed stronger-than-expected US economic data, which reduced expectations of an imminent interest rate cut by the Federal Reserve.

RoboForex | 1 hari yang lalu

ATFX Market Outlook 18th July 2025

U.S. retail sales rose more than expected in June, indicating a modest improvement in economic activity. The data provided to the Federal Reserve offered additional justification for delaying rate cuts while assessing the inflationary impact of import tariffs.

ATFX | 1 hari yang lalu

Dollar wobbles despite US equity strength

Both dollar and US equities on course for a positive week; Fed doves push for a July rate cut, but chances remain extremely low; Yen positions for Sunday’s elections that could open pandora’s box; GENIUS Act approved, stablecoins are here to stay; ethereum benefits;

XM Group | 1 hari yang lalu

Dovish Fed Lifts EUR, GBP, AUD

On July 17, dovish Fed commentary drove the US Dollar lower, lifting major currencies and risk sentiment globally. EUR/USD climbed above 1.1600, GBP/USD neared 1.3450, and AUD/USD gained traction above 0.6800. Markets welcomed signs of US-China trade stability, while attention now shifts to upcoming U.S. consumer sentiment data and Eurozone inflation. With the Fed turning more cautious, traders ar

Moneta Markets | 1 hari yang lalu

EBC Markets Briefing | China rally sees more room for gains

EURUSD	1.1625	GBPUSD	1.3408	AUDUSD	0.6506
USDJPY	148.827	USDCAD	1.37216	USDCHF	0.8016

Daily Global Market Update

EBC Markets Briefing | Oil steadies on clash in Iraq

Gold Ends the Week in Decline

ATFX Market Outlook 18th July 2025

Dollar wobbles despite US equity strength

Dovish Fed Lifts EUR, GBP, AUD

EBC Markets Briefing | China rally sees more room for gains

Dollar strength undermined by Trump’s Fed criticism

EUR/USD Under Pressure Amid Strong US Dollar Sentiment