Daily Global Market Update

Bitcoin saw a 2.3% increase, Nike's stock rose by 0.4%, AUD/USD pair declined by 0.5%, while gold dipped 1%. Oil prices fell amid supply concerns, the US dollar edged higher, and NFT sales dropped by 54% in May. Economic highlights include data from Japan, France, Eurozone, and the US.

Moneta Markets | 343 days ago

Bitcoin's Significant Rise

Bitcoin experienced an increase of 2.3% against the dollar in the last session. The Rate of Change (ROC) indicates a positive signal.

Nike's Stock Uptick

Nike's shares rose by 0.4% in the last session. The Stochastic indicator is giving a positive signal.

AUD/USD Pair's Decline

The AUD/USD pair fell by 0.5% in the last session. The Stochastic indicator is giving a positive signal.

Gold's Dip Amid Market Uncertainty

The gold-dollar pair experienced a 1% decline in the last session. The Stochastic indicator is giving a negative signal.

Global Financial Headlines

Oil prices fell more than $1 a barrel on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. The US dollar edged higher from its more than two-month lows against the euro, sterling, and Swiss franc as investors consolidated gains in other currencies ahead of a key non-farm payrolls report later this week. Meanwhile, the overall NFT space saw a 54% drop in sales in May, but digital collectibles on the Bitcoin blockchain reached a new milestone on June 4th, with total all-time sales volume exceeding $4 billion.

Upcoming Economic Highlights

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

• Japan's Foreign Bond Investment - 2350 GMT

• France's Industrial Output - 0645 GMT

• Japan's Jibun Bank Services PMI - 0300 GMT

• Eurozone's Producer Price Index - 0900 GMT

• US ISM Services PMI - 1400 GMT

• US ADP Employment Change - 1215 GMT

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

Tags: Analysis AUDUSD

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EURUSD	1.11756	GBPUSD	1.32602	AUDUSD	0.64243
USDJPY	146.649	USDCAD	1.39681	USDCHF	0.84131