Daily Global Market Update

The pound surged against the dollar, while bitcoin skyrocketed. Oil prices plummeted, and the Australian dollar gained. Cryptocurrency losses reached a record high, and US manufacturing orders rose unexpectedly. Key economic events include US personal spending and income data, Japan's economic indexes, UK CFTC GBP net positions, and Spain's GDP.

Pound's Significant Rise Against the Dollar

The GBP/USD pair saw a substantial increase, rising 0.7% in the last session. The Commodity Channel Index (CCI) indicates that the market is currently overbought.

 

 

Bitcoin's Explosive Growth

The BTC/USD pair experienced a remarkable surge, skyrocketing 2.7% in the last session. The Williams %R indicator suggests that we are in an overbought market.

 

 

Oil's Sharp Decline

The Oil/USD pair dove 3.1% in the last session. The Stochastic indicator is currently giving a negative signal.

 

 

Australian Dollar's Impressive Gain

The AUD/USD pair exploded 1% in the last session. According to the Williams %R indicator, we are in an overbought market.

 

 

Global Financial Headlines

Cryptocurrency losses due to hacks and scams have reached an all-time high of $2.1 billion in the first three quarters of 2024, surpassing the total losses in 2023, according to web3 cybersecurity company Cyers. In the US, new orders for key manufactured capital goods unexpectedly rose by 0.2% in August, despite business spending on equipment appearing to lose momentum in the third quarter. Oil prices fell more than 3% following a Financial Times report suggesting that Saudi Arabia may abandon its $100 price target in preparation for increasing output along with OPEC members and allies in December.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US Personal Spending - 12:30 GMT

• Japan's Coincident Index - 05:00 GMT

• US Personal Income - 12:30 GMT

• UK CFTC GBP Net Positions - 19:30 GMT

• Japan's Leading Economic Index - 05:00 GMT

• Spain's Gross Domestic Product - 07:00 GMT

Moneta Markets
Tür: STP, ECN
Düzenleme: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
Dollar Stays Subdued on Fed Cut Bets; Gold Shines, EUR and AUD in Focus | 10th September 2025

Dollar Stays Subdued on Fed Cut Bets; Gold Shines, EUR and AUD in Focus | 10th September 2025

Gold regained strength near $3,620 as Fed rate cut bets and safe-haven demand supported precious metals, while silver edged toward $41.00. The US Dollar Index stayed capped below 98.00 after weak NFP revisions, with EUR/USD slipping to 1.1700. AUD/USD held above 0.6650 on firmer commodities. Traders now eye U.S. CPI/PPI data and Fed guidance to set the next market direction.
Moneta Markets | 14s 26 dakika önce
ATFX Market Outlook 10th September 2025

ATFX Market Outlook 10th September 2025

U.S. employment data was sharply revised down, showing that Nonfarm Payrolls increased by an average of only about 71,000 jobs per month, compared to the previously estimated 147,000. U.S. equities closed at new highs on Tuesday, with the S&P 500 and Nasdaq setting record closes as UnitedHealth shares climbed.
ATFX | 15s 54 dakika önce
ATFX Market Outlook 9th September 2025

ATFX Market Outlook 9th September 2025

The Nasdaq Composite closed at a record high on Monday, supported by substantial gains in Broadcom. The S&P 500 also advanced as investors bet the Federal Reserve will soon lower borrowing costs to support growth. The Dow Jones rose 0.25%, the S&P 500 gained 0.21%, and the Nasdaq climbed 0.45%.
ATFX | 1 gün önce
Gold Nears $3,600 as Fed Cut Bets Drive Markets | 8th September 2025

Gold Nears $3,600 as Fed Cut Bets Drive Markets | 8th September 2025

Gold pushed toward $3,600 and silver held near $40.50 as weak US jobs data boosted Fed rate cut bets and pressured the dollar. AUD steadied on strong China trade data, while GBP stayed below 1.3500 and EUR held above 1.1700. Markets remain data-driven, with US inflation, Eurozone GDP, and Fed commentary key for next moves.
Moneta Markets | 2 gün önce
Pound Steadies as Markets Await Key US Data

Pound Steadies as Markets Await Key US Data

The GBP/USD pair found stability on Friday, trading around 1.3453 as anxiety in the debt markets eased. Investor attention has shifted firmly to the upcoming US non-farm payrolls report, with softer US labour data reinforcing expectations of a Federal Reserve rate cut by year-end.
RoboForex | 5 gün önce