Daily Global Market Update

GBP/USD sideways with positive ROC, Bitcoin up 0.9% despite negative ROC, stable oil prices with negative RSI, AUD/USD rises 0.5% with positive RSI; global finance sees US eyeing Bitcoin options, FTSE 100 surges, Fed holds rates, Apple's optimistic outlook; upcoming events include US earnings, Eurozone unemployment, French output, Japan and UK net positions.

Moneta Markets | 35 dagar sedan

GBP/USD Pair's Sideways Movement

The pound-dollar pair traded sideways in the last session. The Rate of Change (ROC) indicator is signaling positivity.

Bitcoin's Gain Amid Volatility

Bitcoin gained 0.9% against the dollar in the last session. However, the ROC is giving a negative signal, indicating potential downward movement.

Oil Prices Remain Stable

The oil-dollar price remained largely unchanged in the last session. Despite this, the Relative Strength Index (RSI) is giving a negative signal.

AUD/USD Pair's Increment

The Aussie dollar pair rose by 0.5% in the last session. The RSI is giving a positive signal, suggesting potential further upward movement.

Recent Developments in Global Finance

In the realm of global finance, United States lawmakers are reportedly pushing for options trading on Bitcoin exchange-traded products. Britain's FTSE 100 index surged as shares of Shell and Standard Chartered soared after robust results. Additionally, investors found solace in the Federal Reserve's dismissal of further interest rate hikes. Apple reported a smaller-than-expected decline in quarterly revenue, with CEO Tim Cook expressing optimism for sales growth in the current quarter, fueled by forthcoming AI features.

Upcoming Major Economic Events

Today's economic calendar is filled with significant releases:

• US Average Hourly Earnings - 1230 GMT

• US Non-Farm Payrolls - 1230 GMT

• Eurozone's Unemployment Rate - 0900 GMT

• French Industrial Output - 0645 GMT

• Japan's CFTC JPY NC Net Positions - 1930 GMT

• UK's CFTC GBP NC Net Positions - 1930 GMT

Förordning: FSA (Seychelles), FSCA (South Africa)

Daily Global Market Update

Financial markets update: GBP/USD stable, Bitcoin dips, Oil jumps on ECB rate cut, AUD/USD rises. Crypto purchases via MasterCard resume, GameStop surges. Key economic events today include US jobs data, Japan's economic indicators, and Eurozone GDP. Stay informed!

Moneta Markets | 7h 7minuter sedan

Market Awaits for Crucial NFP

All eyes are on today’s Nonfarm Payroll (NFP) and U.S. unemployment rate data, which could be the final piece of the puzzle for the Federal Reserve's rate cut decision this year.

PU Prime | 8h 22minuter sedan

Australia Close to a Recession: Will the RBA Allow It to Happen?

AUD: Continuing to Drift Australia's economy narrowly missed a recession: real GDP grew by just 0.1% quarter-on-quarter and 1.1% year-on-year in Q1.

ACY Securities | 15h 31minuter sedan

Dollar Hammers by Soft U.S. Job Data

The dollar tumbled to its lowest level in two months following the disappointing job data, which reinforced bets on a Federal Reserve rate cut.

PU Prime | 1 dag sedan

DXY Slumps, US JOLTS Job Openings Shrink to 3-Year Lows

The number of job openings in the US (JOLTS) shrank to 8.06 million in April, against median forecasts at 8.37 million, the lowest level since February 2021. March’s JOLTS number was revised lower.

ACY Securities | 1 dag sedan

Daily Global Market Update

Bitcoin saw a 2.3% increase, Nike's stock rose by 0.4%, AUD/USD pair declined by 0.5%, while gold dipped 1%. Oil prices fell amid supply concerns, the US dollar edged higher, and NFT sales dropped by 54% in May. Economic highlights include data from Japan, France, Eurozone, and the US.

Moneta Markets | 2 dagar sedan

Oil Plummet on U.S. Crude Inventory Surge

Oil prices experienced their steepest decline of 2024, dropping over 5%, following the release of the American Petroleum Institute (API) weekly crude data, which revealed an unexpected inventory build-up exceeding 4 million barrels. This surprise data, coupled with OPEC+'s decision to increase oil supply in the fourth quarter, exerted significant downward pressure on prices.

PU Prime | 2 dagar sedan

Soft PMI Reading Hammers Dollar Lower

The U.S. dollar remained on a downward trajectory following the release of yesterday's PMI readings, which fell short of market expectations

PU Prime | 3 dagar sedan

EURUSD	1.08163	GBPUSD	1.27227	AUDUSD	0.65926
USDJPY	156.904	USDCAD	1.37285	USDCHF	0.89695