Daily Global Market Update

Gold sees a slight gain, Euro-Dollar rises, Pound gains, Bitcoin overbought. European shares cautious, Binance's legal negotiations, OpenAI's CEO change. Upcoming economic releases include US data and UK borrowing figures.
Moneta Markets | 545 दिनों पहले

Gold's Slight Correction

Gold registered a minor increase of 0.1% against the dollar in the last session. The Ultimate Oscillator signals a positive outlook.

 

 

Euro-Dollar's Recent Developments

The Euro-Dollar pair saw an increase of 0.3% in the latest session. The RSI indicator points towards an overbought market.

 

 

Pound's Positive Movement

The Pound experienced a 0.4% gain against the dollar in the last session. The Ultimate Oscillator is providing a positive signal.

 

 

Bitcoin's Overbought Market

Bitcoin, in its pairing with the dollar, witnessed a 0.2% rise in the last session. The Williams indicator suggests an overbought market condition.

 

 

Global Financial Headlines

European shares show restraint after a robust week, with Bayer's slide impacting the healthcare sector. The US Justice Department is negotiating a resolution with Binance, potentially involving over $4 billion and legal implications for its founder. OpenAI welcomes EMT Shear as interim CEO, with Sam Ultman transitioning to a supportive role for Microsoft.

 

Upcoming Economic Highlights

Key economic releases to watch for today:

• US Chicago Fed National Activity Index - 1330 GMT

• US Redbook Index - 1355 GMT

• US Existing Home Sales - 1500 GMT

• Finland's Unemployment Rate - 0600 GMT

• UK Public Sector Net Borrowing - 0700 GMT

• Australia's RBA Meeting Minutes - 0030 GMT

read more
ATFX Market Outlook 20th May 2025

ATFX Market Outlook 20th May 2025

Different Federal Reserve officials made speeches, issuing warnings on the impact of the U.S. sovereign credit rating downgrade as well as market volatility, as they continue to work in a very uncertain economic environment. Stocks in the U.S. closed nearly even on Monday, with the market mood dampened following the comments on the U.S. credit rating downgrade.
ATFX | 52 मिनटों पहले
Weekly Technical Outlook – AUDUSD, GBPUSD, US 500 index

Weekly Technical Outlook – AUDUSD, GBPUSD, US 500 index

AUDUSD dips below 200-SMA, awaits RBA policy announcement. GBPUSD strengthens as Britain secures trade deals, UK CPI and flash PMI on the agenda. US 100 index comes under pressure following Moody’s US downgrade.
XM Group | 12घंटे 31 मिनट पहले
Crypto: Bears have stopped the growth

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Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto: Bears have stopped the growth
FxPro | 15घंटे 26 मिनट पहले
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Dollar pulls back on new tariff threats; RBA decides on rates

Dollar retreats on Moody’s downgrade, Bessent’s tariff comments - US stock futures point to a lower open, gold rebounds - BoJ’s Uchida supports more rate hikes should the economy rebound - RBA to cut by 25bps, focus to fall on forward guidance
XM Group | 18घंटे 20 मिनट पहले
ATFX Market Outlook 19th May 2025

ATFX Market Outlook 19th May 2025

Despite a sharp decline in consumer sentiment, U.S. stocks extended gains on Friday, supported by optimism over the recent U.S.-China tariff truce. The University of Michigan survey showed May confidence fell to a three-year low, while 12-month inflation expectations surged to their highest since 1981.
ATFX | 1 दिन पहले