Daily Global Market Update
Bitcoin's Modest Gain
The Bitcoin USD pair recorded a modest gain of 0.6% in the last session, following a peak increase of 2.2% during the session. The stochastic RSI is signaling a positive outlook.
Nio Shares' Decline
Nio shares experienced a decline of 2% in the last session. The Rate of Change (ROC) indicator is giving a negative signal.
Aussie Dollar's Stability
The Australian dollar remained largely unchanged in the last session. The ROC is giving a negative signal.
Gold's Slight Increase
Gold experienced a slight increase of 0.2% against the dollar in the last session. The ROC is giving a negative signal.
Global Financial Headlines
Oil prices settled lower as investors adopted a mixed view of the loss of Russian refinery capacity following recent Ukrainian attacks. The Canadian dollar remained stable against the US dollar near a 3-month low, with the Bank of Canada emphasizing Canada's weak productivity growth. Federal prosecutors in Manhattan charged cryptocurrency exchange Qoin with violating US anti-money laundering laws, allowing illicit fund transfers since its founding in 2017.
Upcoming Economic Highlights
Here's a brief rundown of today's anticipated economic releases:
• US MBA Mortgage Applications - 1100 GMT
• US EIA Crude Oil Stocks Change - 1430 GMT
• Eurozone's Business Climate - 1000 GMT
• Finland's Consumer Confidence - 0600 GMT
• Japan's Foreign Bank Investment - 2350 GMT
• Japan's Foreign Investment in Japan Stocks - 20350 GMT
EUR/USD Gains Ground Amid Fresh Doubts Over the Fed
Calm before the storm in markets ahead of pivotal US data
The crypto market continues to send alarming signals
What policy divergence and politics mean for EUR USD in September 2025
Gold Surges to Five-Month Highs as Fed Cut Bets Lift Precious Metals; Dollar Steady, Oil Pressured | 1st September 2025
Inflation in the US will not make the Fed's rate cut in September comfortable
Gold approached the upper limit of the 4-month trading range
