Daily Global Market Update
Gold's Minor Upward Correction
The gold-dollar pair made a minor upward correction in the last session, rising 0.1%. The RSI is giving a negative signal.
Euro's Minor Upward Correction
The euro-dollar pair made a minor upward correction in the last session, gaining 0.2%. The Ultimate Oscillator is giving a negative signal.
Pound's Rise Against Dollar
The pound rose 0.3% against the dollar in the last session. The MACD is giving a negative signal.
Bitcoin's Significant Gain
The Bitcoin-dollar pair skyrocketed 4.1% in the last session. The Stochastic RSI is giving a positive signal.
World Financial News
Federal Reserve officials expressed continued faith in US inflation, particularly with housing price increases expected to help lower the headline pace of price increases. However, there is a growing sense of caution in the debate. Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, tipping the group of US spot Bitcoin exchange-traded funds into net outflows. Nissan announced plans to launch 30 new models over the next 3 years and aims to raise its global sales by 1 million vehicles, targeting an operating profit margin of over 6% by March 2027 and total shareholder returns of more than 30%.
Major Economic Events
Here are today's major economic events:
• US Consumer Confidence - 1400 GMT
• US Durable Goods Orders - 1230 GMT
• US Non-Defense Capital Goods Orders - 1230 GMT
• Germany's GfK Consumer Confidence Survey - 0700 GMT
• Spain's Gross Domestic Product - 0800 GMT
• Irish Consumer Confidence - 0001 GMT
Fed cuts rates but stock rebound falters as AI jitters return
Yearly Technical Outlook – EURUSD, GBPUSD, US100
GBP/USD Approaches Local High, Bolstered by BoE Stance
The dollar delivered a dovish surprise
EBC Markets Briefing | Oil up on US-Venezuela tensions; silver hit record peak
Bitcoin attempts to break the short uptrend
Is the Bullish Rally for Copper Set to Explode?
