Daily Global Market Update

Financial markets show declines in Pound/Dollar, Bitcoin/Dollar, oil prices, and the Aussie against the dollar. Mixed technical signals observed. Global headlines: token treasuries surge, Turkey raises interest rates. Key economic releases: US Baker Hughes Oil Rig Count, Germany's Ifo Business Climate, Japan's CFTC JPY NC Net Positions, UK's Retail Sales, and GfK Consumer Confidence.

Moneta Markets | 525 days ago

Pound/Dollar Recent Slide

The Pound/Dollar pair fell by 1.1% in the last session. The RSI's negative signal aligns with the overall technical analysis.

Bitcoin's Downward Trend

The Bitcoin/Dollar pair declined by 0.9% in the last session. The Ultimate Oscillator is giving a positive signal.

Oil's Decline

Oil dropped by 0.9% against the dollar in the last session. The Stochastic indicator is giving a positive signal.

Aussie's Downward Movement

The Aussie fell by 0.4% against the dollar in the last trading session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis.

Global Financial Headlines

CoinGecko reports that in 2023, token treasuries surged from $114 million in January to $845 million by the end of the year, marking a 641% growth. Turkey's Central Bank raised interest rates by 500 basis points to 50%, citing a worsening inflation outlook. Oil prices rebounded after a previous session's fall, supported by declines in US crude and gasoline inventories, amidst concerns that the US Federal Reserve may maintain higher rates longer, affecting future fuel demand.

Upcoming Economic Highlights

Today's major economic releases include:

• US Baker Hughes US Oil Rig Count - 1700 GMT

• Germany's Ifo Business Climate - 0900 GMT

• Germany's Ifo Current Assessment - 0900 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• UK's Retail Sales - 0700 GMT

• UK's GfK Consumer Confidence - 0001 GMT

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

Tags: Analysis

Dollar extends slide ahead of PCE inflation data

Fed Governor Waller reiterates support for lower interest rates - PCE inflation data may impact Fed rate cut bets beyond September - S&P 500 and Dow Jones hit fresh record highs - Gold gains, approaches upper boundary of sideways range

XM Group | 30 minutes ago

September Market Insights: How Volatility, Institutional Flows, and Global Trends Shape Fall Trading

Despite its reputation as a weak month, September 2024 delivered broad gains across equities and emerging markets. Volatility, sector rotation, and institutional rebalancing are shaping the fall season. Here’s what traders should watch as markets shift from summer calm to autumn momentum.

Rock-West | 1h 31min ago

While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: While the dollar is confused, the S&P 500 faces NVIDIA’s rebalancing threat

FxPro | 2h 2min ago

August was the best month for gold since April

Gold (XAUUSD) is holding steady near USD 3,410 per ounce on Friday, just shy of its monthly high, and is set to close its second straight week with gains.

RoboForex | 2h 14min ago

EBC Markets Briefing | Aussie dollar stalls on US GDP beat

The Australian dollar wavered Friday after US Q2 GDP topped expectations, with final sales to private domestic purchasers jumping 1.9%.

EBC Financial Group | 3h 30min ago

US Dollar Surges, Global Markets Await Key Inflation Data | 29th August 2025

The US Dollar extends gains, with DXY near 98.00 ahead of key PCE data. EUR/USD drifts to 1.1650 on weak eurozone growth, while USD/JPY hovers below 147.00 after hotter Tokyo CPI. GBP/USD slips toward 1.3510 on UK fiscal concerns, and USD/CNY steadies around 7.10 as PBoC leans against yuan weakness. Traders brace for PCE to confirm—or challenge—the USD’s bullish momentum.

Moneta Markets | 3h 51min ago

EBC Markets Briefing | Japan treads on a fine line

Declining Japanese exports heighten economic uncertainty, as the yen trades sideways, inflation eases, and bond yields hit a 17-year high this month.

EBC Financial Group | 1 day ago

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.

Moneta Markets | 1 day ago

EURUSD	1.16658	GBPUSD	1.34516	AUDUSD	0.65269
USDJPY	147.249	USDCAD	1.37504	USDCHF	0.80263