Daily Global Market Update

Gold, Euro, and Bitcoin showed positive trends, while the Pound's outlook was mixed. Global markets braced for economic data, including the US jobs report. Chinese manufacturing activity weakened, while Eurozone factories struggled. Cryptocurrency ETFs gained popularity. Tesla's China sales increased.

Moneta Markets | 370 days ago

Gold's Slight Decline

Gold fell by 0.1% against the dollar in the last trading session. Despite the minor decline, the ROC is giving a positive signal.

Euro's Upward Trend

The EUR/USD pair made a minor upwards correction in the last session, rising 0.2%. The ROC is giving a positive signal.

Pound's Mixed Signals

The GBP/USD pair experienced a minor upward correction, rising 0.1% in the last session. However, the RSI is giving a negative signal.

Bitcoin's Explosive Growth

The BTC/USD pair exploded 3.2% in the last session. The ROC is giving a positive signal, aligning with the significant price increase.

Global Financial Headlines

Share markets fell as investors braced for a data-packed week, culminating in a US jobs report that could influence the Federal Reserve's decision on interest rate cuts. Chinese manufacturing activity sank to a six-month low in August, while Eurozone factories continue to struggle. Cryptocurrency exchange-traded funds accounted for 13 of the 25 largest ETF launches in 2024 by year-to-date inflows. Tesla's China-made electric vehicle sales grew 3% in August from a year earlier, with deliveries of its China-made Model 3 and Model Y vehicles rising 177% from July.

Upcoming Economic Highlights

Key economic events to look out for include:

• US ISM Manufacturing PMI - 14:00 GMT

• US ISM Manufacturing Employment Index - 14:00 GMT

• US ISM Manufacturing New Orders Index - 14:00 GMT

• US ISM Manufacturing Prices Paid - 14:00 GMT

• Japan's 10y Bond Auction - 03:35 GMT

• Australia's Current Account Balance - 01:30 GMT

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Gold Nears $3,600 as Fed Cut Bets Drive Markets | 8th September 2025

Gold pushed toward $3,600 and silver held near $40.50 as weak US jobs data boosted Fed rate cut bets and pressured the dollar. AUD steadied on strong China trade data, while GBP stayed below 1.3500 and EUR held above 1.1700. Markets remain data-driven, with US inflation, Eurozone GDP, and Fed commentary key for next moves.

Moneta Markets | 15h 51min ago

Pound Steadies as Markets Await Key US Data

The GBP/USD pair found stability on Friday, trading around 1.3453 as anxiety in the debt markets eased. Investor attention has shifted firmly to the upcoming US non-farm payrolls report, with softer US labour data reinforcing expectations of a Federal Reserve rate cut by year-end.

RoboForex | 3 days ago

Pound in Focus Ahead of UK Retail Sales as Majors Brace for Data | 5th September 2025

FX markets eye UK Retail Sales for GBP/USD direction, with data seen softer but key before NFP. EUR/USD holds above 1.1650 ahead of Eurozone GDP, while USD/JPY stays heavy near 147.00 on Fed cut bets and strong JPY data. DXY weakens toward 98.00; USD/CAD slips to 1.3800 as oil steadies. Volatility likely as data drives sentiment.

Moneta Markets | 3 days ago

Yen Weakens on BoJ Uncertainty as Kiwi and Aussie Hold Firm | 4th September 2025

The Yen weakened on BoJ ambiguity and political risks, while the Kiwi firmed above 0.5850 on soft US labor data. AUD steadied on strong trade surplus, and AUD/JPY hovered near 97.00 with a bullish bias. EUR/USD stayed near 1.1650 ahead of retail sales, and USD/JPY held above 147.00. Markets eye US jobs data and Eurozone figures for fresh direction.

Moneta Markets | 4 days ago

ATFX Market Outlook 4th September 2025

The Federal Reserve’s Beige Book indicated that overall economic activity was largely unchanged, with tariffs continuing to weigh on both businesses and households. Meanwhile, the JOLTS report showed a pronounced decline in job openings and an uptick in layoffs. Several FED officials reiterated that labor market conditions remain the primary driver behind their expectation of future rate cuts.

ATFX | 4 days ago

GBP/USD Tumbles: Investors Lose Confidence in UK Fiscal Sustainability

The GBP/USD pair declined to 1.3366 on Wednesday, reflecting intensified selling pressure on the pound. Sterling’s weakness stems from a sharp rise in UK government bond yields and broader global concerns regarding fiscal stability.

RoboForex | 5 days ago

Silver Pulls Back After 14-Year Highs as Dollar Strengthens | 3rd September 2025

Silver eased from 14-year highs near $41 as profit-taking emerged, while the US Dollar Index rose toward 98.50 on safe-haven demand. EUR/USD slipped toward 1.1600, USD/JPY held above 147.00, and USD/CNY traded near 7.11 amid cautious PBoC guidance. Markets await US jobs, PMI, and Fed signals for FX and commodity direction.

Moneta Markets | 5 days ago

ATFX Market Outlook 3rd September 2025

U.S. stocks closed lower on Tuesday, with the U.S. manufacturing sector contracting for the sixth consecutive month in August, as investors assessed the outlook for President Trump's tariff policy after a federal appeals court ruled that most of his broadly imposed tariffs were illegal. Investors also awaited Friday's monthly U.S. jobs report.

ATFX | 5 days ago

EURUSD	1.17634	GBPUSD	1.35481	AUDUSD	0.65942
USDJPY	147.46	USDCAD	1.37985	USDCHF	0.79316