Daily Global Market Update

Bitcoin dipped 2.5%, Amazon's stock rose 0.7%, Aussie dollar surged 1.9%, Gold gained 0.8%. Oil prices rise, Yen weak, OKX launches layer 2 blockchain. Upcoming: Euro Zone trade balance, UK CPI, US retail sales & PPI, Japan imports & exports.

Moneta Markets | 551 days ago

Bitcoin's Recent Dip

The Bitcoin/USD pair experienced a notable decline of 2.5% in the last session. The Stochastic indicator is currently indicating a negative trend.

Amazon's Positive Outlook

Amazon's shares saw an uptick of 0.7% in the last trading session. The ROC (Rate of Change) indicator is giving a positive signal, aligning with our overall technical analysis.

Aussie Dollar's Surge

The Australian dollar experienced a significant rise of 1.9% in the last session. The ROC indicator provides a positive signal for this currency pair.

Gold's Positive Momentum

Gold rose by 0.8% against the dollar in the latest session. The Stochastic RSI is indicating a positive signal, consistent with our overall technical analysis.

Global Financial Headlines

Oil prices are witnessing a modest increase, driven by strong demand expectations and concerns over supply disruptions. This comes in the wake of OPEC's report underscoring resilient demand and warning against speculator-driven price fluctuations. The Japanese Yen remains weak, hovering near a three-decade low against the dollar, largely due to the Bank of Japan's ultra-easy monetary policy. In the crypto sector, OKX has launched its layer 2 blockchain for developer testing, aiming to enhance transaction efficiency.

Upcoming Economic Highlights

Today's key economic releases include:

• Euro Zone's Trade Balance - 1000 hours GMT

• UK's Core Consumer Price Index - 0700 hours GMT

• US Retail Sales - 1330 GMT

• US Producer Price Index - 1330 GMT

• Japan's Imports - 2350 GMT

• Japan's Exports - 2350 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Tags: Analysis

EBC’s Guide to Navigating FX Volatility Following the Cooling US CPI

EBC guides traders through FX market shifts as US CPI cools, highlighting central bank moves and interest rate impacts on global currencies.

EBC Financial Group | 59 minutes ago

ATFX Market Outlook 20th May 2025

Different Federal Reserve officials made speeches, issuing warnings on the impact of the U.S. sovereign credit rating downgrade as well as market volatility, as they continue to work in a very uncertain economic environment. Stocks in the U.S. closed nearly even on Monday, with the market mood dampened following the comments on the U.S. credit rating downgrade.

ATFX | 1h 53min ago