Daily Global Market Update

The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.

Pound's Upward Correction

The GBP/USD pair made a minor upward correction in the last session, gaining 0.1%. The Stochastic indicator is giving a positive signal.

 

 

Bitcoin's Decline

The Bitcoin/USD pair fell by 0.9% following a 1.3% intraday dip. The MACD is giving a positive signal.

 

 

Oil's Stability

The price of US Crude Oil remained largely unchanged in the last session. The Stochastic RSI indicates an oversold market.

 

 

Aussie's Gain

The Australian dollar gained 0.4% against the US dollar in the last session. The MACD is giving a negative signal.

 

 

Global Financial Headlines

Cumulative flows into spot Bitcoin ETFs have exceeded $20 billion, following four consecutive days of inflows in the US. Oil prices slipped slightly as investors awaited developments in the Middle East, while falling US crude inventories provided some support. Gold prices hit record highs amid uncertainty surrounding the US presidential elections and the Middle East conflict, with an easing monetary policy environment keeping prices elevated.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• UK's Retail Sales - 6:00 GMT

• UK's CFTC GBP NC Net Positions - 19:30 GMT

• US Housing Starts - 12:30 GMT

• US Monthly Budget Statement - 18:00 GMT

• Japan's CFTC JPY NC Net Positions - 19:30 GMT

• Eurozone's Current Account - 8:00 GMT

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