Daily Global Market Update

Gold, Euro, Pound, and Bitcoin all saw significant gains in the last session, supported by positive technical indicators (RSI, ROC, Stochastic). The FTSE 100 reached a new high, while oil prices dipped following Trump's energy policy announcements. Key economic events to watch today include US bill auctions, German and Eurozone ZEW surveys, and UK employment data.
Moneta Markets | 26 days ago

Gold's Positive Signal

Gold rose by 0.5% against the dollar in the last trading session. The RSI indicator suggests a positive trend.

 

 

Euro's Positive Momentum

The EUR/USD pair gained 1% in the last session, peaking at a 1.4% increase. The Rate of Change (ROC) indicator is providing a positive signal.

 

 

Pound's Skyrocketing Session

The GBP/USD pair rose sharply by 1% in the last session. The Stochastic indicator signals further positive momentum.

 

 

Bitcoin's Strong Surge

Bitcoin surged by 2.1% against the dollar in the last session. The Stochastic indicator is signalling continued bullish momentum.

 

 

Global Financial Headlines

The FTSE 100 reached a record high for the second session as investors anticipated policy insights from Donald Trump's second term. Bitcoin briefly surged above $19,000, setting a new high ahead of Trump's inauguration. Oil prices fell after Trump's energy policy announcements, which included filling strategic reserves and boosting exports.

 

Upcoming Economic Highlights

Key economic events to watch include:

• US 6-Month Bill Auction - 1630 GMT

• US 3-Month Bill Auction - 1630 GMT

• Germany's ZEW Survey Current Situation - 10 GMT

• Eurozone ZEW Survey Economic Sentiment - 10 GMT

• UK's Claimant Count Rate - 7 GMT

• UK's Average Earnings Excluding Bonus - 7 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)
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GBP/USD bears regain control

GBP/USD bears regain control

GBP/USD returns to bearish territory after rejection from 1.2500. A move below 1.2350 could renew downside pressures.
XM Group | 5 days ago
USDCAD, USDJPY, GBPUSD

USDCAD, USDJPY, GBPUSD

Trump’s steel and aluminum tariffs affect USDCAD; US CPI on Wednesday; USDJPY in morning star pattern; UK GDP may see contraction; GBPUSD rises slighlty
XM Group | 6 days ago
ATFX Market Outlook 10th February 2025

ATFX Market Outlook 10th February 2025

U.S. January NFP: Job growth slowed in January, with the addition of 143,000 jobs, while the unemployment rate fell to 4.0%, leading the Federal Reserve to maintain interest rates until at least June. The three major U.S. stock indices closed lower, with the Dow down 0.54%, the S&P down 0.24%, and the Nasdaq down 0.53%. President Trump announced plans for reciprocal tariffs on multiple countries.
ATFX | 6 days ago
ATFX Market Outlook 7th February 2025

ATFX Market Outlook 7th February 2025

US jobless claims increased last week, and fourth-quarter labour productivity growth fell more than expected. The S&P 500 and Nasdaq closed higher on Thursday, while Dow futures declined amid volatile trading as investors awaited Amazon's earnings and the important employment report scheduled for Friday.
ATFX | 7 days ago