Daily Global Market Update

Gold-dollar pair stable; euro-dollar slightly up; pound strengthens; Bitcoin dips. US stocks rise, led by Tesla and Apple. Binance faces lawsuit; key economic events include housing starts, US consumer confidence, and retail sales data.

Gold Dollar Pair's Stability

The gold-dollar pair remained largely unchanged in the last session. However, the ultimate oscillator indicates a negative signal.

 

 

Euro Dollar Analysis

The euro-dollar pair experienced a minor upward correction, gaining 0.1% in the last session. The stochastic indicator suggests a positive outlook.

 

 

Pound's Increment Against Dollar

The pound gained 0.3% against the dollar in the last session, with the MACD signaling a positive outlook.

 

 

Bitcoin's Minor Decline

The Bitcoin-dollar pair saw a slight dip of 0.2% in the last session, accompanied by a negative signal from the ultimate oscillator.

 

 

World Financial Headlines

US stocks surged, with notable gains for Tesla and Apple, as investors awaited the Federal Reserve's interest rate outlook post-policy meeting. Meanwhile, cryptocurrency exchange Binance faces a class action lawsuit in Canada, alleging violations of local securities laws.

 

Upcoming Economic Highlights

Here are today's major economic events:

• Japan's Annualized Housing Starts - 0500 GMT

• US Consumer Confidence - 1400 GMT

• Australia's Retail Sales - 0130 GMT

• Germany's Retail Sales - 0600 GMT

• Japan's Construction Orders - 0500 GMT

• Eurozone's Harmonized Index of Consumer Prices - 0900 GMT

Reglamento: FSA (Seychelles), FSCA (South Africa)
read more
Crypto market quiet

Crypto market quiet

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Crypto market quiet
FxPro | hace 3h 10min
Dollar trades sideways ahead of NFP

Dollar trades sideways ahead of NFP

ECB cuts rates but outlook remains unclear. Market is focusing on the US labour market data. Weaker prints could open the door to a dovish Fed meeting. Stock markets could suffer if there is an upside surprise today
XM Group | hace 4h 17min
USDCAD holds within recent range

USDCAD holds within recent range

USDCAD constrained within a range as US & Canadian jobs data awaited at 12:30 GMT. Bulls need a rally above 1.3775; bears could take control below 1.3578.
XM Group | hace 4h 21min
Daily Global Market Update

Daily Global Market Update

Financial markets update: GBP/USD stable, Bitcoin dips, Oil jumps on ECB rate cut, AUD/USD rises. Crypto purchases via MasterCard resume, GameStop surges. Key economic events today include US jobs data, Japan's economic indicators, and Eurozone GDP. Stay informed!
Moneta Markets | hace 5h 42min
Market Awaits for Crucial NFP

Market Awaits for Crucial NFP

All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve's rate cut decision this year.
PU Prime | hace 6h 57min
Forex Market Report - 7th June 2024

Forex Market Report - 7th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.
DNA Markets | hace 10h 13min