Daily Global Market Update

The Pound rose slightly against the Dollar, while Bitcoin and Oil prices jumped. The AUD stayed flat. Crypto losses surged in Q2. US jobless claims dipped but beneficiary numbers rose. Oil futures climbed on supply disruption fears. Today's key economic releases include UK GDP, US personal income/spending, and Japan's construction/housing data.

Pound/Dollar Pair's Slight Uptick

The GBP/USD pair experienced a minor upwards correction, rising by 0.1% in the last session. The RSI is giving a negative signal, indicating potential overbought conditions.

 

 

Bitcoin's Robust Gain

The Bitcoin/USD pair surged by 1.1% in the last session. According to the CCI, we are currently in an oversold market.

 

 

Oil's Sharp Rise

The Oil/Dollar pair increased by 1.4% in the last session. The Rate of Change (ROC) indicator is showing a positive signal, suggesting upward momentum.

 

 

AUD/USD Pair's Stability

The AUD/USD pair traded sideways in the last session. The stochastic indicator is giving a positive signal, pointing to potential bullish momentum.

 

 

Global Financial Headlines

Crypto losses from hacks and scams more than doubled in Q2 of 2024, reaching over $572 million. US jobless claims dropped slightly last week, although the overall number of beneficiaries rose, suggesting softening labour market conditions. Oil futures climbed due to concerns over potential supply disruptions amidst geopolitical tensions.

 

Upcoming Economic Highlights

Today's key economic releases include the UK's current account and gross domestic product, US personal income and spending, and Japan's construction orders and housing starts.

• UK's Gross Domestic Product - 0600 GMT

• US Personal Income - 1230 GMT

• US Personal Spending - 1230 GMT

• UK's Current Account - 0600 GMT

• Japan's Construction Orders - 0500 GMT

• Japan's Housing Starts - 0500 GMT

Regulacja: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

The US Dollar rebounds, pressuring gold below $1,950 and weighing on risk assets. AUD/USD holds near 0.6480 ahead of key CPI data, while EUR/USD slips toward 1.1630 amid French political uncertainty. USD/JPY trades above 147.50 but faces upside limits on Fed policy concerns. USD/CNY steady near 7.11 as PBOC defends yuan. Markets eye CPI and jobs data for next moves.
Moneta Markets | 7g 0 minut temu
Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.
Moneta Markets | 1 dni temu
ATFX ​Market Outlook 26th August 2025

ATFX ​Market Outlook 26th August 2025

U.S. new home sales in July declined as persistently high mortgage rates continued to dampen housing demand. U.S. equities closed lower on Monday, with investors weighing the interest rate outlook while focusing on NVIDIA’s upcoming quarterly earnings, all while digesting last Friday’s strong rebound. The Dow Jones fell 0.77%, the S&P 500 lost 0.43%, and the Nasdaq slipped 0.2%.
ATFX | 1 dni temu
ATFX Market Outlook 25th  August 2025

ATFX Market Outlook 25th August 2025

Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.
ATFX | 2 dni temu
GBP/USD: Friday correction after surge

GBP/USD: Friday correction after surge

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.
RoboForex | 5 dni temu
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 | 5 dni temu
ATFX ​Market Outlook 22nd August 2025

ATFX ​Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.
ATFX | 5 dni temu