Daily Global Market Update

Gold fell 0.7%, Euro corrected up 0.1%, Pound rose 0.2%, Bitcoin surged 6.8%, global shares dipped awaiting US inflation; upcoming: Japan's Labor Cash Earnings and Eurozone's Unemployment Rate.

Gold's Decline in the Market

Gold fell by 0.7% against the dollar in the last trading session. The Stochastic RSI indicates that the market is currently oversold.

 

 

Euro's Upward Correction

The EUR/USD pair saw a minor upward correction, gaining 0.1% in the last session. The MACD is currently signaling a negative trend.

 

 

Pound's Positive Outlook

The GBP/USD pair experienced a minor upward correction, rising 0.2% in the last session. The Williams Percent Range indicator is giving a positive signal.

 

 

Bitcoin's Significant Rise

Bitcoin paired with the dollar, soared by 6.8% in the last session. The MACD is indicating a positive signal, aligning with our overall technical analysis.

 

 

Global Financial Headlines

Global shares have slightly declined as investors await US inflation data and a corporate reporting season. Litecoin has emerged as the most utilized cryptocurrency for payments, according to bidpay. In a major renewable energy deal, South Korea's Q sales is set to supply Microsoft with American-made solar panels.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• Japan's Labor Cash Earnings - 2330 GMT

• US Red Book Index - 1355 GMT

• UK's BRC Retail Sales - 0001 GMT

• Japan's Overall Household Spending - 2330 GMT

• Eurozone's Unemployment Rate - 1000 GMT

• Germany's Industrial Production - 0700 GMT

Moneta Markets
類型: STP, ECN
規則: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
The pound fears the Bank of England

The pound fears the Bank of England

• The dollar risks weakening due to the stock market. • The Supreme Court calls tariffs taxes. • The pound fears a reduction in the repo rate. • Wage data does not help the yen.
FxPro | 3天前
ATFX Market Outlook 5th November 2025

ATFX Market Outlook 5th November 2025

U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX | 4天前
Shutdown Risks, Tariff Relief Shape FX Moves | 5th November 2025

Shutdown Risks, Tariff Relief Shape FX Moves | 5th November 2025

Markets traded mixed as a possible U.S. government shutdown and easing U.S.-China tensions shaped sentiment. Gold climbed above $4,000 on safe-haven demand, WTI oil slipped near $60 on rising inventories, and GBP/USD fell to 1.3040 amid BoE caution. China’s tariff cuts boosted optimism, but traders remain wary ahead of key U.S. data.
Moneta Markets | 5天前
The euro holds on by a thread

The euro holds on by a thread

• The US is poised for a record shutdown. • Weak PMI data halted the dollar. • Rumours of intervention strengthened the yen. • Slowing inflation weakened the franc.
FxPro | 5天前