Daily Global Market Update
Gold Dollar Pair's Decline
The gold-dollar pair plummeted 2.4% in the last session. The MACD is giving a negative signal.
Euro Dollar Pair's Movement
The pair traded sideways in the last session. The ROC is giving a negative signal.
Pound Dollar Pair's Movement
The pound-dollar pair saw a minor dip of 0.2% in the last session. According to the stochastic indicator, we are in an oversold market.
Bitcoin Dollar Pair's Movement
The Bitcoin-dollar pair exploded 2.3% in the last session. The stochastic indicator is giving a positive signal.
World Financial News
Wall Street stocks ended higher following a market selloff in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health. Demand for the newest Bitcoin investment products is slowing down as the world's first cryptocurrency went through its fourth halving event. Spot Bitcoin exchange-traded funds became a benchmark for institutional investments in Bitcoin after launching in January 2024. Tesla is expected to report its lowest gross profit margin in more than 6 years after a chaotic week that included major layoffs, vehicle price cuts, and urgent calls by investors for clarity on product strategy.
Major Economic Events
Today's major economic events include:
• US Redbook Index at 12:55 GMT
• US New Home Sales at 14:00 GMT
• US 2-Year Note Auction at 17:00 GMT
• Japan's Jibun Bank Manufacturing PMI at 00:30 GMT
• Japan's Jibun Bank Services PMI at 00:30 GMT
• UK's Public Sector Net Borrowing at 06:00 GMT
Pound Steadies as Markets Await Key US Data
Risk appetite firms up as investors anticipate softer US data
USDCAD steadies as markets brace for US jobs report impact
Pound in Focus Ahead of UK Retail Sales as Majors Brace for Data | 5th September 2025
Ahead of NFP: slowdown, but still growth in the US labour market
Bitcoin is too cautious, XRP is more relaxed
USD/JPY in Equilibrium as Volatility Rises
