Daily Global Market Update

GBP/USD and Bitcoin rose, oil gained, and AUD/USD uplifted. Tesla's Bitcoin holdings stirred discussion, China's trade signals positivity, and gold prices surged. Economic highlights: Eurozone GDP, UK NIESR GDP, Germany's Industrial Production, US Hourly Earnings, Japan's Eco Watchers Survey, and UK CFTC GBP net positions.

Pound/Dollar's Positive Movement

The GBP/USD pair rose by 0.5% in the last session. The MACD is giving a positive signal.

 

 

Bitcoin's Notable Rise

The Bitcoin dollar pair rose 1.8% in the last session, after gaining as much as 2.8% during the session. The RSI indicates an overbought market.

 

 

Oil's Increment Against Dollar

Oil gained 0.5% against the dollar in the last session. The Stochastic RSI is giving a negative signal.

 

 

Aussie's Uplift Against Dollar

The AUD/USD pair rose by 0.8% in the last session. According to the CCI, we are currently in an overbought market.

 

 

Global Financial Headlines

Tesla's Bitcoin holdings have sparked renewed discussion in the cryptocurrency community. China's export and import growth exceeded forecasts, signaling a positive turn for global trade and economic recovery. Gold prices have surged to a record high, fueled by US economic data and indications from the Federal Reserve Chair of potential rate cuts.

 

Upcoming Economic Highlights

Today's key economic events include the Eurozone's Gross Domestic Product, the UK's NIESR GDP estimate, Germany's Industrial Production, US Average Hourly Earnings, Japan's Eco Watchers Survey Outlook, and the UK's CFTC GBP net positions.

• Eurozone's Gross Domestic Product - 1000 GMT

• UK's NIESR GDP Estimate - 1200 GMT

• Germany's Industrial Production - 0700 GMT

• US Average Hourly Earnings - 1330 GMT

• Japan's Eco Watchers Survey Outlook - 0500 GMT

• UK's CFTC GBP Net Positions - 2030 GMT

规则: FCA (UK), FSA (Seychelles), FSCA (South Africa)
read more
Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.
Moneta Markets | 1天前
ATFX ​Market Outlook 26th August 2025

ATFX ​Market Outlook 26th August 2025

U.S. new home sales in July declined as persistently high mortgage rates continued to dampen housing demand. U.S. equities closed lower on Monday, with investors weighing the interest rate outlook while focusing on NVIDIA’s upcoming quarterly earnings, all while digesting last Friday’s strong rebound. The Dow Jones fell 0.77%, the S&P 500 lost 0.43%, and the Nasdaq slipped 0.2%.
ATFX | 1天前
ATFX Market Outlook 25th  August 2025

ATFX Market Outlook 25th August 2025

Federal Reserve Chair Jerome Powell hinted that rate cuts may be needed but stressed caution, while unveiling a new policy framework with a flexible inflation target. U.S. equities closed higher on Friday, with the Dow Jones Industrial Average reaching a record closing high. Investors poured into risk assets, driving the Dow up 1.89%, the S&P 500 up 1.52%, and the Nasdaq Composite up 1.88%.
ATFX | 3天前
GBP/USD: Friday correction after surge

GBP/USD: Friday correction after surge

On Friday, the GBP/USD pair declined to 1.3401 after strong gains earlier in the week. The previous rally was triggered by July business activity data, which showed the best performance in a year, mainly supported by the services sector.
RoboForex | 5天前
Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.
Moneta Markets | 6天前
ATFX ​Market Outlook 22nd August 2025

ATFX ​Market Outlook 22nd August 2025

Ahead of Fed Chair Jerome Powell’s speech tonight, three Fed officials poured cold water on expectations of a September rate cut. U.S. PMI data showed stronger business activity in August, but weekly jobless claims posted the most significant increase in nearly three months, highlighting continued labor market weakness.
ATFX | 6天前