Daily Global Market Update
Pound's Sideways Movement
The GBP/USD pair traded sideways during the last session. The Stochastic RSI indicator is signalling a positive trend.
Bitcoin's Decline
Bitcoin paired with the dollar declined by 1.2% in the last session after experiencing a 3.1% intra-session dip. The Rate of Change (ROC) indicator is showing a negative signal.
Oil's Plunge
The US Crude Oil pair dropped by 1.9% in the last session. The Stochastic indicator is signalling a positive trend.
Aussie's Minor Dip
The AUD/USD pair dipped slightly by 0.2% in the last session. The Commodity Channel Index (CCI) is giving a positive signal.
Global Financial News
Coinbase has reintroduced Bitcoin-backed loans in the United States, allowing users to borrow against their digital assets. This service enables account holders, excluding New York residents, to borrow up to $100,000 in USD Coin using Bitcoin as collateral.
US retail sales showed a robust increase in December, reflecting strong consumer demand. Meanwhile, gold prices rose to a one-month high due to reduced treasury yields, aligning with expectations of a more dovish Federal Reserve policy.
Upcoming Economic Highlights
• Japan's CFTC JPY NC Net Positions - 2030 GMT
• Eurozone's Current Account - 9 GMT
• Japan's Foreign Investment in Japan Stocks - 2350 GMT
• Austrian HICP - 8 GMT
• UK's Retail Sales - 7 GMT
• UK's CFTC GBP NC Net Positions - 2030 GMT
Pound Succumbs to Pressure from Weak Labour Data
WTI Steadies Above $60 as Reopening Hopes Rise | 12th November 2025
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Forex anticipates the end of the shutdown
Markets Calm as Shutdown Nears End | 11th November 2025
