Daily Global Market Update

Bitcoin dipped slightly (-0.1%), Tesla stock rose (1.9%) with a bearish outlook, Aussie dollar grew (0.4%) with bullish momentum, Gold rose (0.1%) with a bullish trend. Saudi Arabia cut exports, US dollar stable, UK pound weakened, EU approved data sharing rules. Upcoming: Japan's exports, UK's CPI, Eurozone's HICP, Japan's imports, Austria's HICP, and US Housing Starts.
Moneta Markets | Pred 578 dňami

Bitcoin's Minimal Dip

Bitcoin registered a marginal decline of 0.1% against the dollar in the last session. The ROC indicates a favourable environment.

 

 

Tesla's Stock Performance

Tesla's stock witnessed an ascent of 1.9% in the preceding trading session. However, the RSI suggests a bearish outlook.

 

 

Aussie's Encouraging Performance

The Australian dollar marked a 0.4% growth against the US dollar in the latest session. The CCI indicates a bullish momentum.

 

 

Gold's Slight Upward Movement

The gold-dollar pair experienced a subtle rise of 0.1% in the recent trading window. The ROC is suggesting a bullish trend.

 

 

Global Financial Updates

Saudi Arabia has curtailed its crude oil exports to their lowest in 28 months, standing at 5.58 million barrels per day. The US dollar remained relatively stable, reflecting investor sentiments on the Middle East and anticipated announcements from Central Bank officials. Concurrently, the British pound retreated due to a weakening labour market. The European Union has formally approved rules to facilitate data sharing concerning individual holdings. This regulation will come into force 20 days post its publication in the EU's official journal.

 

Upcoming Economic Releases

On the economic front, the following announcements are expected:

• Japan's Exports - 2350 hours GMT

• UK's Consumer Price Index - 0600 hours GMT

• Eurozone's Harmonised Index of Consumer Prices - 0900 hours GMT

• Japan's Imports - 2350 hours GMT

• Austria's HICP - 0700 hours GMT

• US Housing Starts - 1230 hours GMT

Regulácia: 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 | Pred 2 dňami