Daily Global Market Update

The pound surged against the dollar, while bitcoin skyrocketed. Oil prices plummeted, and the Australian dollar gained. Cryptocurrency losses reached a record high, and US manufacturing orders rose unexpectedly. Key economic events include US personal spending and income data, Japan's economic indexes, UK CFTC GBP net positions, and Spain's GDP.

Moneta Markets | 412 days ago

Pound's Significant Rise Against the Dollar

The GBP/USD pair saw a substantial increase, rising 0.7% in the last session. The Commodity Channel Index (CCI) indicates that the market is currently overbought.

Bitcoin's Explosive Growth

The BTC/USD pair experienced a remarkable surge, skyrocketing 2.7% in the last session. The Williams %R indicator suggests that we are in an overbought market.

Oil's Sharp Decline

The Oil/USD pair dove 3.1% in the last session. The Stochastic indicator is currently giving a negative signal.

Australian Dollar's Impressive Gain

The AUD/USD pair exploded 1% in the last session. According to the Williams %R indicator, we are in an overbought market.

Global Financial Headlines

Cryptocurrency losses due to hacks and scams have reached an all-time high of $2.1 billion in the first three quarters of 2024, surpassing the total losses in 2023, according to web3 cybersecurity company Cyers. In the US, new orders for key manufactured capital goods unexpectedly rose by 0.2% in August, despite business spending on equipment appearing to lose momentum in the third quarter. Oil prices fell more than 3% following a Financial Times report suggesting that Saudi Arabia may abandon its $100 price target in preparation for increasing output along with OPEC members and allies in December.

Upcoming Economic Highlights

Key economic events to look out for include:

• US Personal Spending - 12:30 GMT

• Japan's Coincident Index - 05:00 GMT

• US Personal Income - 12:30 GMT

• UK CFTC GBP Net Positions - 19:30 GMT

• Japan's Leading Economic Index - 05:00 GMT

• Spain's Gross Domestic Product - 07:00 GMT

Moneta Markets

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The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective

FxPro | 6h 44min ago

The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective

FxPro | 6h 45min ago

The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective

FxPro | 6h 46min ago

The dollar emerging from the data fog

•The US government shutdown is over. •Central bank policy convergence helps EURUSD. •Political scandal causes the pound to fall. •Japan's currency interventions are ineffective

FxPro | 6h 46min ago

Metals Advance as Fed Rate Cut Bets Drive Market Sentiment | 13th November 2025

Global markets rallied as Fed rate-cut hopes boosted metals, with Gold nearing $4,200 and Silver hitting a four-week high. Softer U.S. yields and a weaker dollar lifted sentiment, while the Aussie eased after mixed jobs data. The Pound steadied ahead of UK GDP, and China maintained yuan stability, signaling calm across major markets.

Moneta Markets | 13h 19min ago