Daily Global Market Update

Gold sees a slight gain, Euro-Dollar rises, Pound gains, Bitcoin overbought. European shares cautious, Binance's legal negotiations, OpenAI's CEO change. Upcoming economic releases include US data and UK borrowing figures.

Gold's Slight Correction

Gold registered a minor increase of 0.1% against the dollar in the last session. The Ultimate Oscillator signals a positive outlook.

 

 

Euro-Dollar's Recent Developments

The Euro-Dollar pair saw an increase of 0.3% in the latest session. The RSI indicator points towards an overbought market.

 

 

Pound's Positive Movement

The Pound experienced a 0.4% gain against the dollar in the last session. The Ultimate Oscillator is providing a positive signal.

 

 

Bitcoin's Overbought Market

Bitcoin, in its pairing with the dollar, witnessed a 0.2% rise in the last session. The Williams indicator suggests an overbought market condition.

 

 

Global Financial Headlines

European shares show restraint after a robust week, with Bayer's slide impacting the healthcare sector. The US Justice Department is negotiating a resolution with Binance, potentially involving over $4 billion and legal implications for its founder. OpenAI welcomes EMT Shear as interim CEO, with Sam Ultman transitioning to a supportive role for Microsoft.

 

Upcoming Economic Highlights

Key economic releases to watch for today:

• US Chicago Fed National Activity Index - 1330 GMT

• US Redbook Index - 1355 GMT

• US Existing Home Sales - 1500 GMT

• Finland's Unemployment Rate - 0600 GMT

• UK Public Sector Net Borrowing - 0700 GMT

• Australia's RBA Meeting Minutes - 0030 GMT

规则: FSA (Seychelles), FSCA (South Africa)
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ATFX Market Outlook 20th May 2025

ATFX Market Outlook 20th May 2025

Different Federal Reserve officials made speeches, issuing warnings on the impact of the U.S. sovereign credit rating downgrade as well as market volatility, as they continue to work in a very uncertain economic environment. Stocks in the U.S. closed nearly even on Monday, with the market mood dampened following the comments on the U.S. credit rating downgrade.
ATFX | 5小时55分钟前