Daily Global Market Update

Pound/dollar declined 0.3%, with MACD bearish; Bitcoin dipped slightly, Williams negative; Oil/dollar surged 1.1%, CCI oversold; Aussie/dollar fell 0.5%, Stochastic RSI oversold. Trump's campaign raised $3M in crypto, China eases lending, oil at $82 boosted by US data, but China concerns cap gains.

Pound/Dollar Decline

The GBP/USD pair saw a decrease of 0.3% against the dollar in the last session. The MACD is indicating a negative signal.

 

 

Bitcoin's Slight Dip

Bitcoin experienced a minor decline of 0.1% against the dollar in the last session. The Williams indicator is giving a negative signal.

 

 

Oil/Dollar's Sharp Increase

The Oil/Dollar pair rose sharply by 1.1% in the last session. The CCI indicates an oversold market.

 

 

Aussie/Dollar's Fall

The AUD/USD pair fell by 0.5% in the last session. The Stochastic RSI indicates an oversold market.

 

 

Global Financial Headlines

Donations to Donald Trump's campaign for reelection as US President have reached approximately $3 million in cryptocurrency, with notable contributions from Gemini co-founders Cameron and Tyler Winklevoss. In China, the Central Bank conducted an unscheduled lending operation at reduced rates, indicating an attempt to stimulate the economy. Brent crude futures rose to $82 a barrel, influenced by strong US economic data and expectations of increased demand, although concerns over China's oil imports limited gains.

 

Upcoming Economic Highlights

Today's major economic events include:

• Spain's Retail Sales - 0700 GMT

• UK's CFTC GBP Net Positions - 1930 GMT

• Japan's Coincident Index - 0500 GMT

• Japan's Leading Economic Index - 0500 GMT

• US Personal Spending - 1230 GMT

• French Consumer Confidence - 0645 GMT

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