Daily Global Market Update

Bitcoin dipped despite investor interest, Nio stock rose, AUD gained slightly, gold dipped. Fed Chair's dovish remarks weakened dollar. Watch today's data for economic clues.

Bitcoin's Plunge

Bitcoin USD experienced a decrease of 1.4% against the dollar in the last session. The Stochastic RSI indicates that we are currently in an overbought market.

 

 

Nio's Stock Gain

Nio's shares rose by 1.6% in the last session. The MACD is giving a positive signal.

 

 

AUD/USD Minor Bump

The AUD/USD pair saw a slight increase of 0.1% in the last session. The Stochastic RSI indicates an overbought market.

 

 

Gold's Minor Correction

The gold-dollar pair experienced a minor decline of 0.1% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Global Financial Headlines

Gold prices edged down as treasury yields held firm, while investors digested comments from Federal Reserve Chair Jerome Powell and looked forward to US jobs data for further signals on US interest rate cuts. Meanwhile, the dollar slipped after Powell's dovish remarks, hinting at possible US interest rate cuts later this year. Notably, over half of the top American hedge funds have now invested in newly launched spot Bitcoin ETFs.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Australia's Retail Sales - 0130 GMT

• Japan's Jibun Bank Services PMI - 0300 GMT

• Spain's Unemployment Change - 0700 GMT

• US ISM Services PMI - 1400 GMT

• Japan's Foreign Bond Investment - 2350 GMT

• US ADP Employment Change - 1215 GMT

Regulace: 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 | Před 4 dny
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 | Před 8 dny
Continued Trade Tensions Steer Markets: April 15, 2025

Continued Trade Tensions Steer Markets: April 15, 2025

Global financial markets are navigating a complex landscape on April 15, 2025, as US President Donald Trump’s tariff exemptions on tech and auto sectors spark a cautious risk-on sentiment, while escalating US-China trade tensions—marked by China’s 125% retaliatory tariffs against the US’s 145% duties—fuel recession fears.
Moneta Markets | Před 25 dny
Market Update: April 9, Global Plays Shift

Market Update: April 9, Global Plays Shift

Financial markets are navigating a high-stakes chessboard as U.S. President Donald Trump’s sweeping tariffs, effective today, intensify global trade tensions and stoke recession fears. The Japanese Yen and gold shine as safe-haven assets, bolstered by risk-off sentiment and policy divergences, while the euro and Australian Dollar face mixed pressures. Investors are on edge awaiting key data, inclu
Moneta Markets | Před 31 dny