Daily Global Market Update

Bitcoin slightly rose, Nio shares fell, Aussie dollar stable, gold up a bit. Oil prices down, Qoin charged. Economic highlights: US MBA Mortgage Apps, Eurozone Business Climate, Japan Foreign Bank Investment.

Bitcoin's Modest Gain

The Bitcoin USD pair recorded a modest gain of 0.6% in the last session, following a peak increase of 2.2% during the session. The stochastic RSI is signaling a positive outlook.

 

 

Nio Shares' Decline

Nio shares experienced a decline of 2% in the last session. The Rate of Change (ROC) indicator is giving a negative signal.

 

 

Aussie Dollar's Stability

The Australian dollar remained largely unchanged in the last session. The ROC is giving a negative signal.

 

 

Gold's Slight Increase

Gold experienced a slight increase of 0.2% against the dollar in the last session. The ROC is giving a negative signal.

 

 

Global Financial Headlines

Oil prices settled lower as investors adopted a mixed view of the loss of Russian refinery capacity following recent Ukrainian attacks. The Canadian dollar remained stable against the US dollar near a 3-month low, with the Bank of Canada emphasizing Canada's weak productivity growth. Federal prosecutors in Manhattan charged cryptocurrency exchange Qoin with violating US anti-money laundering laws, allowing illicit fund transfers since its founding in 2017.

 

Upcoming Economic Highlights

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

• US MBA Mortgage Applications - 1100 GMT

• US EIA Crude Oil Stocks Change - 1430 GMT

• Eurozone's Business Climate - 1000 GMT

• Finland's Consumer Confidence - 0600 GMT

• Japan's Foreign Bank Investment - 2350 GMT

• Japan's Foreign Investment in Japan Stocks - 20350 GMT

Moneta Markets
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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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 | 1h 40min ago