Daily Global Market Update

The GBP/USD fell 1.2%, Bitcoin gained 2.9%, and US crude oil rose 1.3%, signaling market volatility. The AUD/USD showed stability. Global highlights include $126M USDT frozen, oil's 2% rise on China optimism, and gold's 1.3% Safe Haven rally. Key economic updates include US ISM indices, Germany’s unemployment data, and Japan’s CFTC positions.

Pound's Decline in the Market

The GBP/USD pair dropped by 1.2% in the last session. The Stochastic indicator is signalling a negative trend.

 

 

Bitcoin's Explosive Growth

Bitcoin soared by 2.9% against the dollar in the last session. The Williams Percent Range indicator is giving a positive signal.

 

 

Oil's Remarkable Surge

US Crude Oil surged by 1.3% against the dollar in the last session. The Commodity Channel Index (CCI) indicates an overbought market.

 

 

Aussie Dollar's Stability

The AUD/USD pair remained largely unchanged in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

The T3 Financial Crimes Unit has frozen $126 million in USDT since August 2024. Oil prices rose by 2% as optimism grows around China's economy. Gold increased by 1.3% due to Safe Haven buying and anticipation of the Federal Reserve's rate decisions.

 

Upcoming Economic Highlights

Key economic events to monitor include:

• US ISM Manufacturing Employment Index - 15:00 GMT

• US ISM Manufacturing New Orders Index - 15:00 GMT

• US ISM Manufacturing Prices Paid - 15:00 GMT

• Germany's Unemployment Rate - 08:55 GMT

• Germany's Unemployment Change - 08:55 GMT

• Japan's CFTC JPY NC Net Positions - 20:30 GMT

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