Daily Global Market Update

Pound up 0.2%, Bitcoin down 0.9%, Oil rises 0.1%, Aussie dollar gains 0.7%. Dogecoin surges 15%, European shares fall, China's oil imports drop 99.2%. Key data: US Payrolls, UK GBP positions, Germany Price Index, Eurozone EFIN, Japan Survey, UK Inflation.
Moneta Markets | Pred 525 dňami

Pound's Modest Increase

The pound sterling showed resilience in the last trading session, marking a slight increase of 0.2% against the dollar. The Stochastic RSI indicates that we are currently in an oversold market.

 

 

Bitcoin's Downward Movement

Bitcoin experienced a decline of 0.9% against the dollar in the last session. The Commodity Channel Index (CCI) suggests we are in an overbought market territory.

 

 

Oil's Slight Uptick

Oil, measured against the dollar, saw a modest rise of 0.1% in the last trading session. The RSI indicator points to an oversold market condition.

 

 

Aussie Dollar's Gain

The Australian dollar climbed by 0.7% in the latest session. The Ultimate Oscillator is currently giving a negative signal.

 

 

Global Financial Headlines

Bitcoin's recent surge has rekindled interest in riskier cryptocurrencies, with Dogecoin, originally created as a joke, surging over 15% this week. In Europe, shares are down, particularly in travel and leisure, amid concerns of an economic downturn, influenced by recent weak data from Germany and awaited Eurozone GDP figures. China's crude oil imports fell by 99.2% year-on-year in November, the first annual decrease since April, driven by high inventory levels and slowing demand.

 

Upcoming Economic Highlights

Today’s key economic releases include:

• US Non-Farm Payrolls - 1330 GMT

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

• Germany's Harmonized Index of Consumer Prices - 0700 hours GMT

• Eurozone's EFIN Meeting - 0700 hours GMT

• Japan's Eco Watchers Survey Current - 0500 hours GMT

• UK's Consumer Inflation Expectations - 0930 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 8 h 36 min