Daily Global Market Update

The GBP/USD, Bitcoin, and Oil traded sideways, with bearish signals from Stochastic RSI, RSI, and ROC respectively. The AUD/USD was stable with oversold conditions. Ether dropped below $3,400, triggering liquidations, while Bitcoin declined 4%. US job data suggests a cooling labor market, reducing the likelihood of further Fed rate cuts. Gold prices rose slightly.

Pound's Sideways Movement

The GBP/USD pair traded sideways in the last session. The Stochastic RSI is giving a negative signal, suggesting potential bearish momentum.

 

 

Bitcoin's Slight Decline

Bitcoin fell 0.5% against the dollar in the last trading session. The RSI is currently giving a negative signal, indicating bearish momentum.

 

 

Oil's Neutral Performance

The oil-dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is signalling negative momentum, suggesting caution in the market.

 

 

Aussie Dollar's Stability

The AUD/USD pair remained largely unchanged in the last session. The Commodity Channel Index (CCI) indicates an oversold market, hinting at potential bullish opportunities.

 

 

Global Financial Headlines

Ether’s price dropped below $3,400, erasing prior gains and triggering $34 million in liquidations of leveraged ETF longs. This followed a 4% decline in Bitcoin, reflecting increased investor risk aversion. Meanwhile, US job market data shows a cooling yet steady labour environment, reducing the likelihood of further Federal Reserve interest rate cuts in the near term. Gold prices rose slightly, driven by safe-haven demand amid thin post-holiday trading as markets await further economic signals.

 

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan’s Labour Cash Earnings - 2330 GMT

• US Jobless Claims Report - 1330 GMT

• Eurozone Industrial Production - 0900 GMT

• UK GDP Growth Estimate - 0700 GMT

• US Federal Reserve Minutes - 1900 GMT

规则: FSA (Seychelles), FSCA (South Africa)
read more
Tariffs Ignite Safe-Haven Rally

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 | 2天前
ATFX Market Outlook 6th May 2025

ATFX Market Outlook 6th May 2025

U.S. ISM Services PMI for April indicated accelerated expansion. However, the input prices index surged to its highest level in over two years, highlighting rising inflationary pressures likely stemming from tariffs. U.S. Treasury yields inched higher, while the dollar weakened against major currencies like the euro and yen as markets assessed the ongoing uncertainty surrounding President Trump’s
ATFX | 2天前
USDJPY, GBPUSD, Oil

USDJPY, GBPUSD, Oil

Fed policy meeting to leave rates on hold; Will USDJPY recover ground?; BoC to cut rates by 25bps; GBPUSD ticks up; OPEC+ speeds up increases; WTI opens with bearish gap
XM Group | 3天前
ATFX Market Outlook 5th May 2025

ATFX Market Outlook 5th May 2025

Last Friday, the April Nonfarm Payrolls report in the U.S. surpassed expectations, indicating a resilient labor market. However, signs of slowing economic momentum, such as a contraction in Q1 GDP and rising jobless claims, raised concerns about a broader slowdown.
ATFX | 3天前
Daily Market Update: May 2, 2025

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 | 6天前