Daily Global Market Update

Bitcoin dipped slightly, Tesla and AUD/USD fell. Gold surged amid market volatility. Oil prices dropped but downside limited by Fed rate cut expectations. Global growth to moderate, with risks. Look out for key economic releases today from Japan, US, UK and Austria.

Bitcoin's Slight Dip

Bitcoin dipped a slight 0.1% against the dollar in the last trading session. According to the Stochastic RSI, we are currently in an overbought market.

 

 

Tesla's Stock Gain

Tesla's stock rose by 0.4% in the last session. The Stochastic indicator is signalling a negative outlook.

 

 

AUD/USD Pair's Decline

The AUD/USD pair fell by 0.4% in the last session. The Williams indicator is giving a negative signal.

 

 

Gold's Surge Amid Market Volatility

The gold-dollar pair skyrocketed 1.9% in the last session. According to the RSI, we are in an overbought market.

 

 

Global Financial Headlines

Oil prices settled more than 1% lower, marking the third straight day of losses, driven by concerns over a slowing Chinese economy impacting demand. However, declines were moderated by growing expectations that the US Federal Reserve might start reducing its key interest rate as early as September. The global economy is anticipated to experience modest growth over the next two years, with cooling activity in the US, stabilization in Europe, and stronger consumption and exports in China, although risks remain, according to the International Monetary Fund.

 

Upcoming Economic Highlights

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

• Japan's Imports - 2350 GMT

• US Industrial Production - 1315 GMT

• US Housing Starts - 1230 GMT

• UK's Consumer Price Index - 0600 GMT

• Austria's HICP - 0700 GMT

Vorschrift: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.
Moneta Markets | vor 4Std 2 Minuten
A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

The US Dollar rebounds, pressuring gold below $1,950 and weighing on risk assets. AUD/USD holds near 0.6480 ahead of key CPI data, while EUR/USD slips toward 1.1630 amid French political uncertainty. USD/JPY trades above 147.50 but faces upside limits on Fed policy concerns. USD/CNY steady near 7.11 as PBOC defends yuan. Markets eye CPI and jobs data for next moves.
Moneta Markets | vor 1 Tagen
Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.
Moneta Markets | vor 2 Tagen
Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.
Moneta Markets | vor 6 Tagen
Oil Slumps as Supply Worries Intensify | 14th August 2025

Oil Slumps as Supply Worries Intensify | 14th August 2025

Gold climbs above $3,365 on Fed rate-cut bets, while oil slides toward $62.00 on oversupply fears. USD/JPY dips near 146.50 on BoJ–Fed policy divergence, and the PBoC’s firmer yuan fix keeps USD/CNY under pressure. AUD/USD rises to 0.6560 after strong jobs data. Traders eye US PPI and geopolitical cues for the next market move.
Moneta Markets | vor 14 Tagen