Daily Global Market Update

Bitcoin dipped 0.6%; ROC signals align. Apple rose 0.8%, but stochastic signals negativity. Aussie dollar climbed 0.5%, supported by CCI. Gold fell 0.4%; stochastic RSI suggests oversold. Oil hits $100/barrel; USD index drops. Yen hits multi-year lows vs. USD, Euro.

Moneta Markets | 11 days ago

Bitcoin's Recent Movement

Bitcoin fell 0.6% against the dollar in the last trading session. The ROC's positive signal aligns with our overall technical analysis.

Apple's Stock Performance

Apple shares rose 0.8% in the last session. The stochastic indicator is giving a negative signal, consistent with our overall technical analysis.

Aussie Dollar's Movement

The Aussie dollar pair rose 0.5% in the last session. The CCI is giving a positive signal, supporting our analysis.

Gold's Recent Performance

Gold dropped 0.4% against the dollar in the last session. According to the stochastic RSI, we are in an oversold market.

Market News Highlights

Oil prices rose to a dollar a barrel as the US dollar index fell to its lowest level in more than a week. Investors shifted focus from geopolitical issues to global economies. The yen dropped to multi-year lows against the US dollar and Euro, keeping investors on heightened intervention watch ahead of this week's Bank of Japan meeting. Dovish policymaker comments left sterling near its weakest in months. Fidelity's Bitcoin exchange-traded fund achieved a new record as the largest single investment in a Bitcoin fund, attracting $40 million from two traditional US financial advisers, Legacy Wealth Management and United Capital Management of Kansas.

Upcoming Economic Events

Here are today's major economic events:

• Japan's Foreign Bond Investment - 2350 GMT

• US Durable Goods Orders - 1230 GMT

• Japan's Foreign Investment in Japan Stocks - 2350 GMT

• Germany's IFO Business Climate - 0800 GMT

• Germany's IFO Current Assessment - 0800 GMT

• Australia's Consumer Price Index - 0130 GMT

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Tags: Analysis

Stocks enjoy Fed-induced bounce as dollar slips ahead of NFP

Risk appetite returns after dovish Fed, but will jobs report spoil the party? Apple to likely secure weekly gains for Wall Street. Yen rally gets additional boost from softer dollar after suspected interventions.

XM Group | 2 days ago

Daily Global Market Update

GBP/USD sideways with positive ROC, Bitcoin up 0.9% despite negative ROC, stable oil prices with negative RSI, AUD/USD rises 0.5% with positive RSI; global finance sees US eyeing Bitcoin options, FTSE 100 surges, Fed holds rates, Apple's optimistic outlook; upcoming events include US earnings, Eurozone unemployment, French output, Japan and UK net positions.

Moneta Markets | 2 days ago

All Eye Will Be On Today’s NFP

Market attention now shifts to today's U.S. NFP reading, which could provide insights into the Fed's forthcoming monetary policy decisions.

PU Prime | 2 days ago

Daily Global Market Update

Euro up, dollar-yen down, gold spikes, Google steady. Bank of Canada considers rate cut, Fed hints at future rate adjustment. Key economic events: Japan Consumer Confidence, Australia Trade Balance, US Labor Costs, Spain Unemployment Change, US Jobless Claims, Austria Unemployment Rate.

Moneta Markets | 3 days ago