Daily Global Market Update

Bitcoin dipped slightly, Tesla and AUD/USD fell. Gold surged amid market volatility. Oil prices dropped but downside limited by Fed rate cut expectations. Global growth to moderate, with risks. Look out for key economic releases today from Japan, US, UK and Austria.

Moneta Markets | 297 days ago

Bitcoin's Slight Dip

Bitcoin dipped a slight 0.1% against the dollar in the last trading session. According to the Stochastic RSI, we are currently in an overbought market.

Tesla's Stock Gain

Tesla's stock rose by 0.4% in the last session. The Stochastic indicator is signalling a negative outlook.

AUD/USD Pair's Decline

The AUD/USD pair fell by 0.4% in the last session. The Williams indicator is giving a negative signal.

Gold's Surge Amid Market Volatility

The gold-dollar pair skyrocketed 1.9% in the last session. According to the RSI, we are in an overbought market.

Global Financial Headlines

Oil prices settled more than 1% lower, marking the third straight day of losses, driven by concerns over a slowing Chinese economy impacting demand. However, declines were moderated by growing expectations that the US Federal Reserve might start reducing its key interest rate as early as September. The global economy is anticipated to experience modest growth over the next two years, with cooling activity in the US, stabilization in Europe, and stronger consumption and exports in China, although risks remain, according to the International Monetary Fund.

Upcoming Economic Highlights

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

• Japan's Imports - 2350 GMT

• US Industrial Production - 1315 GMT

• US Housing Starts - 1230 GMT

• UK's Consumer Price Index - 0600 GMT

• Austria's HICP - 0700 GMT

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

Tags: Analysis AUDUSD

Tariffs Ignite Safe-Haven Rally

Global financial markets on May 6, 2025, are stabilizing as investors await the Federal Reserve’s two-day FOMC meeting, with major currency pairs trading in tight ranges. Gold and silver rally on safe-haven demand driven by Trump’s new tariff threats and Middle East tensions, while the US Dollar holds steady despite recent weakness.

Moneta Markets | 4 days ago

AUD/USD in a range: Is a bullish breakout next?

AUD/USD extends sideways move within 0.6340-0.6448 area. Key resistance levels in focus as bullish breakout still likely.

XM Group | 8 days ago

Daily Market Update: May 2, 2025

Global financial markets on May 2, 2025, are bracing for the US Nonfarm Payrolls (NFP) report, with expectations of moderated job growth at 130K amid economic uncertainty.

Moneta Markets | 8 days ago

Todays economic news date poised to shape market sentiment as trade tensions and economic uncertainties linger: April 24, 2025

Global financial markets on April 24, 2025, are navigating a complex interplay of fading US-China trade deal optimism and persistent safe-haven demand, with gold holding above $3,300 and the Japanese Yen gaining traction.

Moneta Markets | 16 days ago

Markets experience subdued activity due to the Good Friday holiday: April 18, 2025

Global financial markets on April 18, 2025, are experiencing subdued activity due to the Good Friday holiday, with thin trading volumes amplifying reactions to US-China trade developments and Federal Reserve rhetoric.

Moneta Markets | 22 days ago

Continued Trade Tensions Steer Markets: April 15, 2025

Global financial markets are navigating a complex landscape on April 15, 2025, as US President Donald Trump’s tariff exemptions on tech and auto sectors spark a cautious risk-on sentiment, while escalating US-China trade tensions—marked by China’s 125% retaliatory tariffs against the US’s 145% duties—fuel recession fears.

Moneta Markets | 25 days ago

Market's react to escalating trade tensions. Market Update: April 11, 2025

Financial markets are reacting to escalating US-China trade tensions, with gold and silver performing well as safe-haven assets. The US Dollar appears to be under pressure, reflected in the Dollar Index at around 100.40, following softer-than-expected US inflation data that has increased speculation of Federal Reserve rate cuts

Moneta Markets | 29 days ago

Market Update: April 9, Global Plays Shift

Financial markets are navigating a high-stakes chessboard as U.S. President Donald Trump’s sweeping tariffs, effective today, intensify global trade tensions and stoke recession fears. The Japanese Yen and gold shine as safe-haven assets, bolstered by risk-off sentiment and policy divergences, while the euro and Australian Dollar face mixed pressures. Investors are on edge awaiting key data, inclu

Moneta Markets | 31 days ago

EURUSD	1.12578	GBPUSD	1.33126	AUDUSD	0.64134
USDJPY	145.282	USDCAD	1.39279	USDCHF	0.83115