Daily Global Market Update

Pound Dollar stable, MACD contradicts. Bitcoin -0.5%, oversold. Oil Dollar +2.2%, overbought. Aussie +0.1%, positive Williams. Bitcoin ETFs outflow, German morale down. Oil up on low U.S. stocks, China hopes. Upcoming: US Personal Spending, Japan Index, US Income, UK CFTC GBP NC, Japan Coincident Index, Germany GfK Confidence.

Pound Dollar's Static Movement

The pound dollar pair remained largely unchanged in the last session. Despite the static price movement, the MACD's negative signal seems to contradict our overall technical analysis.

 

 

Bitcoin's Minor Decline

Bitcoin fell 0.5% against the dollar in the last session. The Williams indicator suggests an oversold market condition.

 

 

Oil Dollar's Sharp Increase

The oil dollar pair saw a significant rise of 2.2% in the last session. The Williams indicator currently indicates an overbought market.

 

 

Aussie's Slight Gain

The Australian dollar saw a modest increase of 0.1% against the US dollar in the last session. The Williams indicator is giving a positive signal.

 

 

Global Financial Headlines

The newly launched spot Bitcoin exchange-traded funds are witnessing combined negative flows for the first time. This development is attributed to the slower pace of incoming funds in products like BlackRock's iBit and Fidelity's FBTC compared to exits from Grayscale's GBTC. Additionally, German business morale has worsened unexpectedly, signaling potential struggles for Europe's largest economy. Meanwhile, oil prices have risen following a decrease in U.S. crude stockpiles and expectations of economic recovery in China.

 

Upcoming Economic Highlights

Today’s major economic events include:

• US Personal Spending - 1330 hours GMT

• Japan's Leading Economic Index - 0500 hours GMT

• US Personal Income - 1330 hours GMT

• UK's CFTC GBP NC Net Positions - 2030 hours GMT

• Japan's Coincident Index - 0500 hours GMT

• Germany's GfK Consumer Confidence Survey - 0700 hours GMT

Regulacja: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.
Moneta Markets | 4g 3 minut temu
Dollar slides as September Fed cut nearly a done deal

Dollar slides as September Fed cut nearly a done deal

NY Fed President Williams says rates likely to fall - Anxiety about Trump’s efforts to influence Fed policy intensifies - Spotlight turns to PCE inflation numbers and next week’s NFP - S&P 500 hits new record, but Nvidia slides after earnings results
XM Group | 4g 11 minut temu
ATFX Market Outlook 28th August 2025

ATFX Market Outlook 28th August 2025

S&P 500 Index closed at a new record high on Wednesday as investors awaited the week’s most anticipated event—Nvidia’s quarterly earnings after the bell, which will test whether the rally in AI-related valuations can be sustained. The Dow rose 0.32%, the S&P 500 gained 0.24%, and the Nasdaq added 0.2%.
ATFX | 4g 45 minut temu