Daily Global Market Update

Gold dipped slightly against the dollar, while the Euro and Pound gained. Bitcoin surged. Wall Street rallied on AI optimism and potential tariff easing. MicroStrategy added to its Bitcoin holdings. Key economic events include bond auctions, unemployment data, and retail sales figures.
Moneta Markets | 129 hari yang lalu

Gold's Marginal Dip

Gold dipped by 0.2% against the dollar in the last trading session. The Stochastic RSI is giving a positive signal.

 

 

Euro's Positive Movement

The EUR/USD pair rose by 0.7% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Pound Gains Against the Dollar

The GBP/USD pair rose by 0.7% in the last session. The Stochastic indicator is giving a positive signal.

 

 

Bitcoin Surges

Bitcoin paired with the dollar exploded by 3.6% in the last session. The Ultimate Oscillator is giving a positive signal.

 

 

Global Financial Headlines

Wall Street's main indices reached new highs as optimism around artificial intelligence boosted semiconductor stocks. A report suggested that the incoming Trump administration may adopt a less aggressive stance on tariffs than previously anticipated. MicroStrategy, the largest corporate Bitcoin holder, announced the purchase of 170 BTC during late December 2024, spending approximately $111 million.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• Japan's 10Y Bond Auction - 0335 GMT

• UK's 30Y Bond Auction - 1030 GMT

• Eurozone's Unemployment Rate - 1000 GMT

• US 3-Year Note Auction - 1800 GMT

• Japan's JP Foreign Reserves - 2350 GMT

• UK's BRC Like-for-Like Retail Sales - 0100 GMT

Peraturan: FSA (Seychelles), FSCA (South Africa)
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ATFX Market Outlook 16th May 2025

ATFX Market Outlook 16th May 2025

U.S. retail sales increased at a much weaker rate in April as the pre-tariff scramble to purchase automobiles exhausted itself and shoppers trimmed other spending in the face of growing economic uncertainty. In addition, Federal Reserve Chairman Jerome Powell stated the Fed needs to reconsider its existing employment and inflation paradigm within monetary policy.
ATFX | 16j 58min yang lalu
US 100, EURUSD, GBPUSD

US 100, EURUSD, GBPUSD

US-China trade talks send Wall Street sharply higher; US CPI on calendar; EURUSD tumbles ahead of Eurozone GDP; US-UK trade deal and UK GDP in focus; GBPUSD below 1.3200
XM Group | 4 hari yang lalu