Daily Global Market Update

Bitcoin down 0.8%, overbought signal. Google stock up 0.4%, Stochastic RSI hints negativity. AUD/USD down 1.1%, MACD signals bearish. Gold dips 1.2%, bearish RSI on inflation anticipation. Global: Gold up, Japanese shares peak, Ripple acquires Standard Custody. Upcoming: Japan GDP, US oil stocks, US mortgage apps, Eurozone production, UK CPI releases.

Bitcoin's Recent Slide

Bitcoin experienced a decrease of 0.8% against the dollar in the last session. The RSI indicates that we are currently in an overbought market.

 

 

Google's Stock Uptick

Google's stock rose by 0.4% in the last session. The Stochastic RSI is signalling a negative outlook.

 

 

AUD/USD Pair's Decline

The AUD/USD pair fell by 1.1% in the last session. The MACD is giving a negative signal, aligning with our overall technical analysis.

 

 

Gold's Dip Amid Inflation Anticipation

The gold-dollar pair experienced a 1.2% decline in the last session. The RSI's negative signal is consistent with the overall technical analysis.

 

 

Global Financial Headlines

Gold prices edged up ahead of a US inflation report that could give fresh perspective on the timing of the Federal Reserve's first rate cut. Japanese shares touched a 34-year peak, while the dollar held steady, keeping the yen close to the 150 per dollar level. Ripple acquired Standard Custody and Trust Company to secure a New York trust charter, following its previous acquisition of cryptocurrency custody firm Metaco.

 

Upcoming Economic Highlights

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

• Japan's Gross Domestic Product - 2350 GMT

• US EIA Crude Oil Stocks Change - 1530 GMT

• US MBA Mortgage Applications - 1200 GMT

• Eurozone's Industrial Production - 1000 GMT

• UK's Core Consumer Price Index - 0700 GMT

• UK's Consumer Price Index - 0700 GMT

Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.
Moneta Markets | 2 days ago
Oil Slumps as Supply Worries Intensify | 14th August 2025

Oil Slumps as Supply Worries Intensify | 14th August 2025

Gold climbs above $3,365 on Fed rate-cut bets, while oil slides toward $62.00 on oversupply fears. USD/JPY dips near 146.50 on BoJ–Fed policy divergence, and the PBoC’s firmer yuan fix keeps USD/CNY under pressure. AUD/USD rises to 0.6560 after strong jobs data. Traders eye US PPI and geopolitical cues for the next market move.
Moneta Markets | 10 days ago
Markets Brace for US CPI Data as Dollar Steadies | 12th August 2025

Markets Brace for US CPI Data as Dollar Steadies | 12th August 2025

Markets tread cautiously ahead of US CPI, with gold near $3,355 and oil rebounding above $63.00. AUD/USD holds near 0.6500 on trade truce optimism but RBA cut bets persist, while EUR/USD hovers above 1.1600 on geopolitical hopes. DXY steadies at 98.50 as traders weigh inflation’s impact on Fed policy. CPI results seen as key catalyst for near-term volatility.
Moneta Markets | 12 days ago
Oil Dips Below $63.50 as Geopolitical Talks Weigh on Markets | 8th August 2025

Oil Dips Below $63.50 as Geopolitical Talks Weigh on Markets | 8th August 2025

WTI slides below $63.50 on US-Russia talks, while silver holds firm above $38 on safe-haven demand and Fed rate-cut bets. AUD/USD softens on rising RBA cut expectations; USD/JPY edges lower amid trade tensions. DXY steadies above 98.00 as Fed leadership speculation swirls. Markets remain cautious as central bank and geopolitical signals guide direction.
Moneta Markets | 16 days ago