Daily Global Market Update

Gold price dipped 0.4% while major currencies saw slight gains against USD. Bitcoin also declined. Wall Street rose with tech giants leading the way. Tether launched a gold-backed stablecoin. Upcoming economic reports include Germany ZEW survey, Japan exports, US retail sales, and Australia's RBA decision.

Gold's Decline Amid Market Volatility

Gold experienced a decrease of 0.4% against the dollar in the last session. The RSI is indicating a negative trend in the market.

 

 

Euro's Slight Uptick

The Euro experienced a minor gain of 0.2% against the dollar in the last session. The CCI is currently showing a positive signal.

 

 

Pound's Minor Correction

The Pound Dollar pair experienced a slight increase of 0.1% in the last session. The Williams R indicator is giving a positive signal.

 

 

Bitcoin's Recent Downturn

Bitcoin saw a decline of 0.3% against the dollar in the last session. The Stochastic indicator is showing a negative trend.

 

 

Global Financial Headlines

Wall Street's main indexes experienced a rise amidst volatile trading, with significant gains by mega caps like Apple and Microsoft. Tether has announced a gold-backed stable coin, 'Alloy', minable on its new platform. GameStop's shares fell after plans for operating a smaller store network were discussed by CEO Ryan Cohen without specifying the use of its cash reserves.

 

Upcoming Economic Highlights

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

• Germany's ZEW Survey Current Situation - 0900 GMT

• Japan's Exports - 2350 GMT

• US Retail Sales - 1230 GMT

• Australia's RBA Interest Rate Decision - 0430 GMT

• Australia's RBA Rate Statement - 0430 GMT

• Eurozone's Eurogroup Meeting - 0700 GMT

Regulace: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Fed hawks lower expectations for Powell’s Jackson Hole speech

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September rate cut in question as Fed officials reluctant to switch policy. Dollar firms as bets grow that Powell will not send strong rate cut signal. Wall Street slips again as tech stocks continue to wobble. Oil headed for weekly gains as Ukraine peace efforts run into trouble.
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GBP/USD: Friday correction after surge

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On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.
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Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

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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.
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ATFX ​Market Outlook 22nd August 2025

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ATFX | Před 1 dnem