Daily Global Market Update

Gold-dollar down 2.4%, MACD negative. Euro-dollar flat, ROC negative. Pound-dollar dips 0.2%, oversold. Bitcoin-dollar jumps 2.3%, stochastic positive. Wall Street rebounds, eyes on earnings. Bitcoin demand slows post-halving. Tesla expects profit margin decline. Major events: US Redbook Index, New Home Sales, 2-Year Note Auction; Japan's PMI; UK's Net Borrowing.

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

Moneta Markets
類型: STP, ECN
規則: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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