Dollar Falls, Pound Gains - Daily Global Market Update – 20th May, 2025
Global financial markets on May 20, 2025, are driven by central bank actions and geopolitical developments, with focus on the RBA’s press conference post-rate cut, PBoC’s LPR reduction, and potential Russia-Ukraine ceasefire talks.
Trade Deal Optimism Surges: May 12, 2025
Moneta Markets Daily Market Update: May 6, 2025
NFP Sparks Market Jitters - Moneta Markets Daily Market Update: May 2, 2025
Global financial markets on May 2, 2025, are bracing for the US Nonfarm Payrolls (NFP) report, with expectations of moderated job growth at 130K amid economic uncertainty. Gold holds modest gains but lacks conviction, while the US Dollar softens slightly, supporting AUD/USD despite weak Australian Retail Sales. Palladium and platinum rise, and GBP/JPY strengthens, though overbought conditions signal caution. US-China trade optimism persists, but a surprise US GDP contraction and dovish Fed expectations keep markets on edge, with the NFP set to drive volatility.
Markets experience subdued activity due to the Good Friday holiday: April 18, 2025
Risk-on sentiment surges: April 16, 2025
Continued Trade Tensions Steer Markets: April 15, 2025
Trade War Tensions Escalate - Moneta Markets Daily Market Update: April 14, 2025
Market's react to escalating trade tensions. Market Update: April 11, 2025
Trade War Reshuffles. Markets shift fast! Moneta Markets Daily Market Update: April 10, 2025
Global markets are reeling as U.S. President Donald Trump escalates trade tensions - April 8, 2025
Global markets are reeling as U.S. President Donald Trump escalates trade tensions, threatening a 50% tariff on China and rejecting calls to pause tariffs for negotiations. BlackRock’s Larry Fink warns of a weakening U.S. economy, amplifying recession fears. The EU softens some retaliatory tariffs but proposes others, while the ECB eyes rate cuts to counter risks.
Markets are grappling with heightened volatility as the U.S.-China trade war escalates
Global markets are grappling with heightened volatility as the U.S.-China trade war escalates, driven by President Donald Trump’s tariffs and China’s retaliatory measures. Commodity currencies, oil, and equities are under pressure, while safe-haven assets like gold and the Japanese Yen show mixed responses amid recession fears and geopolitical risks.
Market Update: April 4, 2025
On April 4, 2025, financial markets are poised for a critical day as the U.S. Nonfarm Payrolls (NFP) report nears. Gold, currencies, and crude oil are showing mixed signals of optimism and caution, with the upcoming data likely to steer their direction. Here’s a look at today’s key market drivers.
Daily Global Market Update – 3rd April, 2025
As we step into April 3, 2025, global financial markets are reacting to a mix of geopolitical developments and economic shifts. From precious metals hitting new highs to currency fluctuations driven by tariff announcements, today’s market landscape reflects a cautious, risk-off sentiment. Here’s a detailed look at the key movements shaping the day.
Daily Global Market Update – 2nd April, 2025
Global financial markets are navigating a landscape of caution and anticipation as investors brace for US President Donald Trump’s impending announcement on reciprocal tariffs. The uncertainty surrounding these tariffs is driving divergent performances across asset classes, with safe-haven assets like silver gaining momentum while risk-sensitive commodities such as oil face downward pressure.
Daily Global Update April 1st, 2025
Gold Rallies as Safe-Haven Demand Surges
Daily Global Market Update – 28th March, 2025
As global markets continue to adjust to evolving economic conditions, currency pairs and commodities are reacting to shifting risk sentiment, economic indicators, and central bank expectations. Traders are closely monitoring the latest developments in key assets such as the US Dollar, gold, oil, and major currency pairs like EUR/USD and NZD/USD for potential opportunities and risk management.
Market Update – March 26, 2025
As global markets continue to adjust to evolving economic conditions, currency pairs and commodities are reacting to shifting risk sentiment, economic indicators, and central bank expectations. Traders are closely monitoring the latest developments in key assets such as the US Dollar, gold, oil, and major currency pairs like EUR/USD and NZD/USD for potential opportunities and risk management.
Market Update – March 25, 2025
Global markets remain volatile as currency fluctuations and central bank expectations drive investor sentiment. Gold is consolidating above $3,000, while the Japanese yen weakens, and the Australian dollar gains support ahead of the RBA’s April meeting. The EUR/GBP pair remains under pressure near recent lows.
Daily Global Market Update – 21st March, 2025
Global markets are pulsing with a blend of caution and momentum as economic signals, currency shifts, and commodity trends set the tone. Here’s a rundown of the latest developments shaping today’s market, focusing on gold, the Japanese Yen, silver, and EUR/USD:
Daily Global Market Update – 19th March, 2025
Global markets are pulsing with anticipation and mixed signals as economic data, Fed expectations, and commodity shifts steer the course. Here’s a rundown of the latest developments shaping today’s market, focusing on EUR/USD, gold, GBP/USD, and WTI crude oil:
Market Update: 18th March 2025
Financial markets are buzzing with activity driven by fresh economic data, shifting sentiment, and commodity movements. Here’s a look at the hottest developments shaping today’s market, focusing on Trump-related news, oil, CAD, and WTI crude oil:
Market Update: March 17, 2025
Financial markets are buzzing with activity driven by fresh economic data, shifting sentiment, and commodity movements. Here’s a look at the hottest developments shaping today’s market, focusing on WTI crude oil, the US Dollar Index, EUR/USD, and gold:
Daily Global Market Update – 14th March, 2025
Market Update: March 12, 2025
Financial markets are poised at a critical juncture with key currency pairs reacting to shifting dynamics and the looming US CPI report. Here’s a detailed look at today’s key market developments:
Market Update: March 11, 2025
As of Tuesday, March 11, 2025, financial markets are showing resilience in certain currency pairs and precious metals, driven by a mix of US economic concerns and European optimism. Here’s a breakdown of the key developments shaping the market today:
Daily Global Market Update: March 10, 2025
As of Monday, March 10, 2025, financial markets are navigating a shifting landscape, with the US Dollar staging a recovery and influencing currency pairs and precious metals. Here’s a detailed overview of key market movements based on the latest developments:
Daily Global Market Update – 7th March, 2025
Financial markets are displaying notable movements across currency pairs, precious metals, and indices, with investors keenly awaiting the release of the US Nonfarm Payrolls (NFP) report later today. Here’s a breakdown of the key developments shaping the market landscape:
Daily Global Market Update – 6th March, 2025
Financial markets exhibited a dynamic mix of gains and retreats on Wednesday, March 5, 2025, driven by currency movements, commodity price shifts, and central bank signals. Here’s a breakdown of the day’s key developments:
Market Update: March 5, 2025
Markets are showing mixed signals today—energy prices are softening, while currency pairs like USD/JPY and AUD/USD are testing key levels. Stay tuned for further developments as economic data and geopolitical events continue to shape the landscape.
Market Update: March 4, 2025
A risk-off sentiment gripped markets on Tuesday, March 4, 2025, as trade war fears and tariff concerns rattled investors. Here’s the latest breakdown of key financial developments.
Daily Global Market Update – 3rd March, 2025
Global markets are showing resilience amid shifting dynamics as of Monday, March 3, 2025. With currencies, commodities, and geopolitical tensions in focus, here’s the latest snapshot of the financial landscape.
Daily Global Market Update – 28th Feb 2025
Daily Global Market Update – 25th Feb 2025
Daily Global Market Update
The EUR/USD fell 0.2%, while the USD/JPY dipped 0.1%. Gold declined 0.5%, and Nike shares surged 2.5%. The US dollar strengthened as the Fed held rates, causing equity declines and rising treasury yields. Oil hit a multi-week low due to increased US crude stockpiles. The White House reaffirmed 25% tariffs on Canadian and Mexican imports. Key upcoming economic events include GDP data from the US and industrial output from Japan.
Daily Global Market Update
Bitcoin dipped 0.1% despite earlier gains, while Amazon rose 2% but entered overbought territory. The Australian dollar fell 0.2% despite a positive MACD signal, and gold gained 0.7%. Oil prices declined amid easing Libyan supply concerns, and the US dollar strengthened against the yen. Trump’s tariff plans and digital finance policies sparked EU concerns over US dominance in stablecoins.
Daily Global Market Update
Gold prices plummeted alongside Bitcoin, while the Euro and Pound saw modest gains. The S&P 500 and Nasdaq declined amid competition for AI dominance. Nvidia faces pressure from cheaper AI alternatives. MicroStrategy plans to raise funds through a stock offering, likely to be used for further Bitcoin accumulation. Siemens Energy reported strong Q1 revenue growth. Key economic events today include US Red Book Index, Irish Retail Sales, and US S&P/Case-Shiller Home Price Indices.
Daily Global Market Update January 27th, 2025
The oil dollar pair rose slightly despite an oversold market. The Australian dollar gained with positive MACD signals. The Euro strengthened but is overbought. The dollar-yen pair remained stable with a positive Ultimate Oscillator. Gold prices surged due to a weaker dollar, trade uncertainty, and rate cut expectations. Wall Street banks are preparing to sell INX debt. Investors anticipate the Fed's meeting. Key economic events include US auctions, Chicago Fed activity, and Finnish and Japanese confidence indicators.
Daily Global Market Update
The GBP/USD gained 0.3%, Bitcoin rose 1.6% despite caution from CCI, and oil dropped 0.7% as RSI signals further downside. The AUD/USD increased 0.2% but shows overbought signs. Trump formed a crypto group, unemployment claims rose, and oil fell 1% after his OPEC comments. Key global data is expected, including US oil rig counts and Japan's PMIs.
Daily Global Market Update
Euro, Gold, and USD/JPY show mixed signals. EUR/USD and Gold are overbought, while USD/JPY trends negative. Apple may decline despite recent gains. Netflix's success boosted Wall Street. China plans to support its stock market. Key economic data releases today.
Daily Global Market Update
Bitcoin surged 3.8%, fueled by positive ROC signals. Tesla shares crashed 3.2% despite positive Ultimate Oscillator readings. The Aussie dipped slightly, while Gold soared 1.2% with positive RSI signals. Gold rallied on a weaker dollar and safe-haven demand amid US tariff uncertainty. 1 British borrowing costs recovered. Dogecoin spiked after the US Government Efficiency Department website launch. 2 Key economic events include US MBA Mortgage Applications, Redbook Index, German Boer Monthly Report, and Japanese Foreign Investment data.
Daily Global Market Update - Jan. 21st, 2025
Gold, Euro, Pound, and Bitcoin all saw significant gains in the last session, supported by positive technical indicators (RSI, ROC, Stochastic). The FTSE 100 reached a new high, while oil prices dipped following Trump's energy policy announcements. Key economic events to watch today include US bill auctions, German and Eurozone ZEW surveys, and UK employment data.
Daily Global Market Update - January 20th, 2025
Oil prices dipped 0.7%, with the CCI indicating a negative signal. The Australian dollar fell 0.3% against the US dollar, while the Euro dropped 0.2%, both showing positive RSI trends. The US dollar rose 0.7% against the yen, supported by a positive Stochastic RSI. Despite oil's decline, it achieved a fourth consecutive weekly gain amid concerns over US sanctions on Russian energy.
Daily Global Market Update
The EUR/USD saw a minor dip, while USD/JPY declined sharply, hinting at potential reversals. Gold rose slightly, nearing overbought levels, and Microsoft shares climbed, reflecting bullish sentiment. The dollar weakened due to lower inflation fears, boosting US equities. Upcoming economic events include key data from the Netherlands, US, UK, and Australia.
Daily Global Market Update
Bitcoin surged 2.3% with bullish signals, while NIO fell 0.8%, reflecting bearish sentiment. The AUD/USD rose slightly, showing potential for further gains, and gold increased 0.4% despite cautious signals. Oil prices dipped amid steady demand forecasts, the dollar remained strong, and USD Coin's market cap surged 78%. Key economic events include bond auctions, price indices, and GDP data.
Daily Global Market Update
Gold sees potential upward momentum despite a 1% drop, while the Euro and Pound show oversold conditions, hinting at possible rebounds. Bitcoin faces bearish sentiment with a 2.7% decline. Global markets react to rising bond yields and major corporate moves, including J&J's acquisition of Intracellular Therapies. Key economic data from the US, Japan, and Europe will be closely watched.
Daily Global Market Update - January 13th, 2025
Oil surged 2.9%, showing upward momentum with a positive MACD signal. The Australian Dollar weakened 0.9%, with a bearish Stochastic Indicator. The Euro declined 0.5% against the Dollar, driven by a negative MACD. The Dollar-Yen pair fell 0.2%, indicated by a negative ROC. Global stocks dipped amid rising US Treasury yields, with upcoming US inflation data and key economic reports potentially influencing market sentiment.
Daily Global Market Update
The GBP/USD pair fell 0.4% after a 3.3% dip, with oversold signals. BTC/USD dropped 1.9%, continuing bearish momentum. US Crude Oil gained 0.9%, but signals a potential downturn. AUD/USD fell 0.2%, with oversold indicators hinting at a reversal. Hackers stole $3 billion in crypto, the US dollar strengthened, and gold surged. Key upcoming economic events include Japan's Coincident Index and US USDA WDE Report.
Daily Global Market Update
The EUR/USD declined 0.3% despite positive MACD signals, while USD/JPY rose 0.1% but remains overbought. Gold gained 0.5%, supported by positive ROC signals, and Tesla dropped 2.7% with negative trends. UK bond yields hit 2008 highs, and Asian dollar bond issuance may grow 20% in 2025. Key economic data from Germany, Japan, and Australia is due.
Daily Global Market Update Jan 8th, 2025
Bitcoin plunged 5.3%, with the Stochastic RSI signaling bearishness. NIO stock dropped 2%, and the Ultimate Oscillator suggests a negative trend. AUD/USD remains unchanged, but the CCI signals overbought conditions. Gold rose 0.4%, with the MACD indicating a positive outlook. Oil prices surged due to supply concerns, while the dollar strengthened against the Yen amid robust economic data. US Commodity Futures Trading Commission chair Rostin Behnam will step down. Key economic events include US MBA Mortgage Applications, EIA Crude Oil Stocks Change, and various data releases from Germany, the Netherlands, and Japan.
Daily Global Market Update
Gold dipped slightly against the dollar, while the Euro and Pound gained. Bitcoin surged. Wall Street rallied on AI optimism and potential tariff easing. MicroStrategy added to its Bitcoin holdings. Key economic events include bond auctions, unemployment data, and retail sales figures.
Daily Global Market Update - Jan 6th, 2025
Oil surged 1.1%, overbought on CCI. Aussie gained 0.1%, positive Stochastic. Euro climbed 0.4%, positive Williams %R. Yen dipped 0.1%, overbought on Williams %R, negative signal. US stocks rebounded on rate cut hopes and Foxconn revenue surge. Key events: Dutch Retail Sales, German CPI, UK CFTC GBP positions, Japan Services PMI, US Bill Auction.
Daily Global Market Update
The GBP/USD fell 1.2%, Bitcoin gained 2.9%, and US crude oil rose 1.3%, signaling market volatility. The AUD/USD showed stability. Global highlights include $126M USDT frozen, oil's 2% rise on China optimism, and gold's 1.3% Safe Haven rally. Key economic updates include US ISM indices, Germany’s unemployment data, and Japan’s CFTC positions.
Inflationary pressures are easing in Indonesia. Oil prices rise amid falling inventories
Major indices closed 2024 with mixed results. US indices like the S&P 500 saw strong gains, while the Mexican peso weakened. European and Asian markets showed varied performances. Key economic data releases, including US Manufacturing PMI, will influence early 2025 market trends.
Daily Global Market Update December 30th, 2024
Oil prices edged up, with positive technical signals. The Australian Dollar appears oversold, while the Euro shows positive momentum. The Dollar-Yen pair is overbought. Global equities rallied, driven by positive inflation data and eased government shutdown fears. Key economic data releases today include Austria's Producer Price Index, Japan's Manufacturing PMI, and the US Chicago PMI.
Daily Global Market Update December 27th, 2024
The GBP/USD, Bitcoin, and Oil traded sideways, with bearish signals from Stochastic RSI, RSI, and ROC respectively. The AUD/USD was stable with oversold conditions. Ether dropped below $3,400, triggering liquidations, while Bitcoin declined 4%. US job data suggests a cooling labor market, reducing the likelihood of further Fed rate cuts. Gold prices rose slightly. Key economic events to watch include Japan's Labor Cash Earnings, US Jobless Claims, Eurozone Industrial Production, UK GDP, and the US Federal Reserve Minutes.
Daily Global Market Update - Dec 24fh, 2024
Gold, Euro, and Pound declined against the dollar, with negative technical signals. Bitcoin experienced mixed signals, with a slight drop despite an initial gain. US stocks rose on holiday-thin trading, buoyed by the funding bill and tech gains, particularly Apple. MicroStrategy continued its Bitcoin buying spree. Key economic data releases include US Redbook, UK retail sales, Eurozone unemployment, and German industrial production.
Daily Global Market Update - Dec 23rd, 2024
Oil-Dollar rose 0.5%, Stochastic positive. Aussie Dollar up 0.2%, ROC negative. Euro gained 0.6%, Ultimate Oscillator negative. Dollar-Yen fell 0.6%, Stochastic RSI overbought. China held lending rates. Neo to launch EVs in Europe. Wall Street surged on easing inflation. Gold soared, yields down. Key events: China Industrial Production, US Core Inflation, Eurozone GDP, Japan Machine Orders, UK Consumer Confidence, Germany Trade Balance.
Daily Global Market Update - Dec 20th, 2024
Pound weakened against the dollar, Bitcoin declined, and oil prices remained stable. The Australian dollar recovered, and the global financial landscape saw increased cryptocurrency hacking and mixed economic signals. Key economic events to watch include Japanese and European data releases.
Daily Global Market Update - December 19th, 2024
EUR/USD stagnated with a negative MACD, while USD/JPY rose 0.1% with a positive RSI. Gold fell 0.3% with a negative Stochastic, and Volkswagen gained 0.1% with a positive MACD. Oil rose on falling US crude inventories, limited by the Fed's 25 bp rate cut to 4.25%-4.5%. Key upcoming data: Japan's Labour Cash Earnings, US Red Book, UK Retail Sales, Eurozone Unemployment, and German Industrial Production.
Daily Global Market Update
Bitcoin gained slightly, Meta and AUD slipped, Gold dipped due to strong USD. US retail sales strong, crypto.com CEO met Trump on Bitcoin Reserve. Watch Japan data, US Redbook, UK retail sales, Eurozone unemployment, Germany industrial production.
Daily Global Market Update
Gold edged up slightly but technical indicators suggest a potential decline. The Euro remained stable with negative momentum. The Pound gained ground despite negative signals. Bitcoin surged significantly with positive momentum. US stocks rose on rate cut hopes. Crypto markets rallied, attracting record inflows. SoftBank pledged a $100 billion US investment. Key economic data releases are expected this week.
Daily Global Market Update December 16th, 2024
Oil-Dollar surged 1.5%, MACD bullish. Aussie-Dollar traded sideways, Stochastic bearish. Euro gained 0.3%, Williams Percent Range negative. Dollar-Yen climbed 0.6%, Stochastic RSI overbought. China's economy projected to grow 5%. Broadcom's shares surged, valuation hits $1 trillion. NASDAQ and S&P 500 gain significantly. Key events this week: Federal Reserve Meeting, US Jobless Claims, China's Manufacturing PMI, Germany's Trade Balance, UK Halifax House Price Index.
Daily Global Market Update December 13th, 2024
Pound dipped 0.4% vs. USD, but MACD signals potential reversal. Bitcoin rose 0.2%, with Ultimate Oscillator indicating bullishness. Oil-dollar pair stable, but Williams Percent Range signals overbought conditions. Aussie dollar recovered 0.1%, with Stochastic RSI suggesting oversold market. European crypto exchanges to delist non-compliant stablecoins. ECB cuts rates, gold dips ahead of Fed meeting. Key events: Fed meeting, European inflation, Japanese spending, German industrial output.
Daily Global Market Update December 11th, 2024
Bitcoin declined due to bearish MACD signals. Alibaba's stock was stable with a bullish MACD. The Aussie Dollar weakened, oversold by CCI. Gold surged on geopolitical tensions and rate cut expectations, with a bullish Ultimate Oscillator. Global markets saw mixed trends, with Microsoft rejecting Bitcoin addition. 1 Key economic events this week include US inflation, BoC rate decision, and various global economic indicators.
Daily Global Market Update, December 10th 2024
Gold up, Euro and Pound flat. Bitcoin down. Wall Street falls on Nvidia and inflation worries. Crypto investment surges as Bitcoin hits record high. Oracle misses earnings. Key economic events: US inflation, UK production, Japan's GDP, Eurozone and German industrial data, German consumer confidence.
Daily Global Market Update December 9th, 2024
Oil-dollar pair and AUD/USD fell, oversold. EUR/USD corrected slightly, positive signal. USD/JPY sideways, oversold. S&P 500 strong, TikTok divestment, China's gold buying. Watch Japan's labor earnings, Eurozone unemployment, Germany's industrial production, and US core inflation.
Daily Global Market Update December 6th, 2024
The GBP/USD pair rose due to overbought conditions. Bitcoin declined amid a negative trend. Oil prices fell due to oversupply and delayed OPEC+ production increases. The AUD/USD pair gained momentum. Bitcoin's dominance surged, and US labor market conditions eased. Key economic events include US Nonfarm Payrolls, Eurozone GDP, UK Manufacturing PMI, China's Trade Balance, and Australia Retail Sales.
Daily Global Market Update December 4th, 2024
Bitcoin dipped slightly, while Tesla shares faced overbought conditions. The Aussie dollar and gold showed positive momentum. OPEC's increased oil output and Fed's dovish stance impacted currencies. Cryptocurrency exchanges thrived in 2024, with Binance leading. Key economic events include Japan's labor earnings, US retail sales, UK's BRC sales, Eurozone's GDP, and Germany's industrial production.
Daily Global Market Update 3rd December, 2024
Gold and Euro declined, while Pound and Bitcoin showed positive signs. S&P 500 and NASDAQ rose, with Ether funds setting a record inflow. US imposed new export restrictions on Chinese tech. Key economic events include Japan's labor data, US retail sales, UK's BRC sales, Japan's household spending, Eurozone's unemployment, and Germany's industrial production.
Daily Global Market Update December 2nd, 2024
Oil prices dipped, while the Aussie dollar and euro edged up. The yen weakened against the dollar. China's factory activity expanded, boosting global sentiment. US stocks hit record highs, and investors await key US job data. Upcoming economic events include Chinese PMI, US Non-Farm Payrolls, Eurozone Retail Sales, UK Manufacturing Output, and Japan's Leading Economic Index.
Daily Global Market Update November 29th, 2024
GBP/USD sideways, bullish CCI. Bitcoin -0.7%, bearish Ultimate Oscillator. Oil +0.3%, bearish Stochastic. AUD/USD stable, bullish ROC. Crypto thefts $1.5B in 2023, German inflation steady. Oil prices rise due to Middle East tensions and OPEC+ delays. Key events: Japan Household Spending, US Consumer Confidence, Eurozone GDP, UK Manufacturing PMI, OPEC Meeting Results.
Daily Global Market Update November 28th, 2024
The Euro is gaining strength, while the Yen is weakening. Gold is correcting upwards, and Alibaba stock is dipping. The Canadian dollar is recovering, but Wall Street is down. Key economic events include Canadian GDP, US inflation, Eurozone consumer confidence, and UK retail sales.
Daily Global Market Update November 27th, 2024
Bitcoin faces a bearish trend, while Alibaba Bar stock shows potential for upward movement. The Aussie Dollar is correcting downwards but may recover, and Gold is on an upward trajectory. Global markets are influenced by geopolitical tensions and economic indicators. Key economic events this week include Japanese and European data releases.
Daily Global Market Update November 26th, 2024
Gold prices dropped significantly, while the Euro gained slightly. The Pound dipped, and Bitcoin fell sharply. Global equities rose as the dollar weakened. DeFi tokens surged, and the total value locked in DeFi reached a three-year high. Apple's investment proposal in Indonesia was rejected. Key economic events like US Non-Farm Payrolls and UK CPI are due.
Daily Global Market Update - November 25th, 2024
Oil rallied, Aussie Dollar dipped, Euro weakened, Dollar-Yen corrected. Global stocks surged, led by tech optimism. Bitcoin nears $100K, market awaits US policy shifts. Key economic data from Japan, US, Eurozone, and Germany due.
Daily Global Market Update 22nd November 2024
Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.
Daily Global Market Update November 21st, 2024
The EUR/USD is oversold, while the USD/JPY shows bearish signs. Gold is trending upward, and Amazon's stock is bearish. Global markets are mixed due to geopolitical tensions. Key economic events like US Consumer Sentiment and Eurozone Industrial Production are upcoming.
Daily Global Market Update November 20th, 2024
Bitcoin and Tesla saw modest gains, but technical indicators suggest potential downtrends. The Aussie dollar edged up, while gold rallied due to geopolitical tensions. The US dollar and safe-haven currencies strengthened. Key economic events like Japan's labor earnings and Germany's industrial production are to be watched.
Daily Global Market Update Nov. 19th, 2024
Gold, euro, pound, and bitcoin all rallied, with positive technical indicators suggesting further strength. US stocks rebounded on tech earnings optimism, while Boeing announced layoffs. Key economic data releases include US CPI, Eurozone industrial production, UK GDP, Australian employment, and Japanese machine orders.
Daily Global Market Update November 18th, 2024
Oil prices tumbled due to weak Chinese demand and Fed rate cut uncertainty. The Australian dollar and euro showed minor upward corrections, while the Japanese yen strengthened against the US dollar. Key economic events like Chinese industrial production, German ZEW sentiment, UK CPI, and US retail sales will influence market trends.
Daily Global Market Update November 15th, 2024
The GBP/USD, Bitcoin/USD, and AUD/USD pairs declined, with negative technical indicators. Oil prices rose slightly despite bearish signals. Pepe coin rallied significantly, while US stocks retreated post-CPI data. Key economic events like US CPI, UK GDP, and Eurozone Industrial Production are upcoming.
Daily Global Market Update November 14th, 2024
The Euro weakened, while the Dollar-Yen pair is overbought. Gold is oversold, and Nike's stock declined slightly. The US Dollar strengthened, and US stocks gained on potential Fed rate cuts. Global economic news includes Russia's GDP growth and upcoming economic indicators like Japan's labor earnings and Germany's industrial production.
Daily Global Market Update November 13th, 2024
Bitcoin dipped slightly after a brief rally, signaling potential for further correction. Meta's stock declined, but RSI suggests future upside. The Australian dollar and gold are both oversold, hinting at potential rebounds. In global news, Bitcoin stabilized, Coinbase launched a new index, and Q-cells partnered with Microsoft for renewable energy. Key economic data releases include Japanese labor earnings, US retail sales, and Eurozone unemployment.
Daily Global Market Update 12th November, 2024
Gold, Euro, and Pound declined sharply, while Bitcoin reached a new high. Wall Street hovers near record highs, boosted by Trump's re-election. Key economic data releases from Japan, the US, UK, Eurozone, and Germany may impact markets.
Daily Global Market Update November 11th, 2024
Oil and Aussie dollar weakened, while the euro and dollar-yen pairs dipped slightly. Oil prices fell due to easing supply concerns and China's tepid economic stimulus. The global market is focused on inflation trends and the impact of US election results. Key economic events from Finland, Japan, and New Zealand will be monitored.
Daily Global Market Update November 8th, 2024
Pound, Bitcoin, Oil, and Aussie Dollar surged, with positive technical indicators. Crypto optimism rises with Trump's re-election, while the Bank of England cut rates. Nvidia hit a record high, and key economic events like Japan's Coincident Index and US Consumer Sentiment are on the horizon.
Daily Global Market Update November 7th, 2024
The Euro plunged sharply, while the Yen surged significantly. Gold prices plummeted, and Apple shares saw a modest gain. The US Dollar soared to a 4-month high post-US election, boosting US stocks to record highs. The Fed's rate cut path is expected to slow down. Key economic events include the US FOMC Press Conference, Australian and Japanese economic data, and German Industrial Production.
Daily Global Market Update, November 6th, 2024
Bitcoin and Aussie rose on positive technical signals. Google edged up. Gold corrected slightly. Oil gained on a weaker dollar and OPEC+ delay. A new USD-pegged stablecoin launched. Key economic events include US, German, Eurozone, and Japanese data.
Daily Global Market Update November 5th, 2024
Gold and Euro showed mixed signals while Pound and Bitcoin declined. US stocks dipped ahead of the US election. Crypto investments surged. Ford's US sales rose. Key economic events include RBA rate decisions, Japanese bond auctions, US ISM Services PMI, and BoJ meeting minutes.
Daily Global Market Update November 4th, 2024
Oil prices dropped after initial gain. AUD, EUR flat, USD/JPY up slightly. Financial news: Intel replaced in Dow Jones, Canadian dollar weakens, Amazon surges. Watch US factory orders, bill auctions and note auction later.
Daily Global Market Update November 1st, 2024
GBP and Bitcoin down, oil up, Aussie flat. Crypto.com buys US broker, oil jumps on Iran fear, gold cools after record high. Watch US jobs report and Dutch data today.
Daily Global Market Update October 31st, 2024
The Euro and Gold rose, while the USD/JPY traded sideways. Tesla's stock gained, but the market is overbought. Global markets were mixed, with US stocks diverging. Key economic events include US jobless claims, Australian data, US personal income, Eurozone unemployment, and Japan's BOJ rate decision.
Daily Global Market Update October 30th, 2024
Bitcoin and Meta rose, Aussie fell. Gold hit a record high due to global uncertainties. Dollar strengthened against Yen. Alameda sued Qoin for frozen funds. Key economic events: German unemployment, US ADP employment, Japanese retail trade, Australian CPI, French GDP.
Daily Global Market Update October 29th, 2024
Gold edged up slightly, while the Euro corrected upwards. The Pound remained stagnant, and Bitcoin surged. Wall Street rallied, and digital asset inflows increased. Key economic events include US Consumer Confidence, JOLTS Job Openings, and Redbook Index.
Daily Global Market Update October 28th, 2024
Oil prices dipped amid geopolitical tensions and economic concerns. The Australian dollar and euro strengthened, while the Japanese yen appreciated against the US dollar. Key economic events like the US Dallas Fed Manufacturing Business Index and Japanese unemployment rate are upcoming, which may influence market sentiment.
Daily Global Market Update, October 24th, 2024
EUR/USD declined slightly, USD/JPY strengthened, gold dropped sharply, Amazon shares fell, USD/CAD weakened due to a Bank of Canada rate cut, Wall Street declined due to rising yields and skepticism about Fed rate cuts, corporate news affected McDonald's and Coca-Cola, and US existing home sales hit a 14-year low. Key economic events include Japan's manufacturing PMI, UK's consumer confidence, US jobless claims, German Buba report, US national activity index, and Finland's producer price index.
Daily Global Market Update October 23rd, 2024
Bitcoin and other assets like NIO stock, AUD and gold saw modest gains. Oil prices rose on supply concerns. US dollar strengthened on Fed rate cut expectations and upcoming US elections. Crypto exchanges Binance and Crypto.com are losing market share. Watch out for upcoming economic events like US Fed Beige Book and Eurozone Consumer Confidence.
Daily Global Market Update October 22nd, 2024
Gold, euro, pound, bitcoin fell. RSI, ROC, Williams, Stochastic indicate overbought/oversold. Wall Street retreated, treasury yields rose. Crypto inflows, Spirit Airlines surged. Key economic events: Redbook, API, Dutch, Finland, Belgian, UK.
Daily Global Market Update October 21st, 2024
Oil prices plummeted, the Aussie dollar remained stable, and the euro and yen strengthened against the dollar. Global markets reacted to China's slowing economy, rising US budget deficit, and tech stock gains. Upcoming economic events include US bill auctions, German producer prices, Chinese interest rates, and New Zealand trade data.
Daily Global Market Update October 18th, 2024
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.
Daily Global Market Update October 17th, 2024
Euro/USD: Minor downward correction, oversold market. Dollar/Yen: Upward trend, positive signal. Gold/Dollar: Upward trend, overbought market. Nike: Upward trend, positive signal. Global: Canadian dollar rose, US stocks mixed, gold gained, Spain's IEX at highest since 2010. Upcoming: Australia's employment, Eurozone's inflation, Australia's unemployment, Dutch unemployment, Japan's tertiary index, US retail sales.
Daily Global Market Update October 16th, 2024
Bitcoin and gold prices have risen. Nike shares have gained, while the Australian dollar has slightly dipped. The US dollar has strengthened against major currencies. Key economic events include the UK's Core CPI, Japan's exports, US export prices, Italy's CPI, and Germany's 30-year bond auction.
Daily Global Market Update October 15th, 2024
Gold rose slightly, while the Euro dipped. The Pound remained stable, but Bitcoin surged. US stocks rallied, and crude prices fell. Key economic events include UK's employment data, US Red Book Index, and German ZEW survey.
Daily Global Market Update October 14th, 2024
Oil price slightly decreased against the dollar, while the Aussie and Euro traded sideways. The dollar-yen pair gained. China announced mortgage rate cuts, and Boeing announced job cuts and delays. The S&P 500 and Dow reached record highs. Key economic events include Finland's CPI, China's trade data, Korea's trade balance.
Daily Global Market Update October 11th, 2024
GBP/USD sideways, Stochastic oversold; BTC/USD plummeted, MACD negative; Oil/USD surged, Stochastic positive; AUD/USD gained modestly, CCI oversold; Bitcoin negative, 63,000 BTC sent to exchanges; Oil prices jumped due to US fuel use, Middle East risks, growing energy demand; Gold prices extended gains as traders anticipate Fed rate cut. Key economic events: Finland's Current Account, UK's Industrial Production, US Michigan Consumer Sentiment Index, Japan's CFTC JPY NC Net Positions, UK's Gross Domestic Product, US Producer Price Index.
Daily Global Market Update October 10th, 2024
The EUR/USD declined slightly, while the USD/JPY surged. Gold corrected, and NIO's shares rose. The Canadian dollar weakened, and US home loan rates increased. European stocks rebounded, anticipating interest rate cuts. Key economic events include US CPI and jobless claims, Finland's industrial output, Austrian industrial production, Japan's money supply, and Australia's inflation expectations.
Daily Global Market Update October 9th, 2024
Mixed market signals: Bitcoin up slightly, Meta up, AUD & Gold down. Gold prices tumble on rate cut worries. Crypto.com sues SEC. Watch UK bond auction, German exports, and US oil data.
Daily Global Market Update October 8th, 2024
Gold, euro, and pound experienced downward movements. Bitcoin rose. US stocks fell due to rising Treasury yields. Global cryptocurrency adoption is increasing. Super Micro Computer announced increased graphics processor shipments and new liquid cooling products. Upcoming economic highlights include Eurozone's Euro Group Meeting, US Redbook Index, NFIB Business Optimism Index, Japan's Eco Watchers Survey Current, Australia's RBA Meeting Minutes, and Germany's Industrial Production.
Daily Global Market Update October 7th, 2024
Oil prices rose slightly, while the Aussie dollar fell slightly. The Euro and Dollar traded sideways, while the Yen was overbought. China's stimulus boosted hedge fund returns, and Taiwan's Foxconn reported record revenue. US stocks are near record highs, and key economic events include UK retail sales, Japan's current account and labor earnings, US bill auctions, and Eurozone retail sales.
Daily Global Market Update October 4th, 2024
GBP/USD, BTC/USD, OIL/USD declined, while AUD/USD rose. IMF calls for El Salvador to scale back Bitcoin policies. Oil prices surge on Middle East tensions. Gold prices steady as investors reassess Fed rate cut expectations.
Daily Global Market Update October 3rd, 2024
The Euro/USD pair experienced a small decline, while the USD/JPY pair saw a significant increase. Gold traded sideways, and Apple stock rose slightly. The dollar reached a 3-week high against the Euro following the ADP National Employment Report. Markets remain cautious amid geopolitical tensions in the Middle East. Key economic events to watch include US ISM Services PMI, Australia's Exports, Japan's 10-year Bond Auction, Eurozone's Producer Price Index, French 10-year Bond Auction, and Australia's Trade Balance.
Daily Global Market Update October 2nd, 2024
Bitcoin plunged 4%, oversold on the Stochastic RSI. NIO gained 1.9%, positive Stochastic signal. AUD/USD fell 0.4%, positive RSI. Gold soared 1%, negative Stochastic RSI. Global financial headlines: Gold surged over 1% amid Iran-Israel tensions. Dollar Index rose 0.45%. Crypto hacks decreased in Q3, but stolen assets increased by 99.5%. Economic highlights: US ADP Employment Change, MBA Mortgage Applications, Eurozone Unemployment Rate, Spain's Unemployment Change, Japan's Consumer Confidence Index, Foreign Bond Investment.
Daily Global Market Update October 1st 2024
Gold, euro, and pound experienced mixed movements in the last session. Bitcoin saw a significant decline. The MACD, Ultimate Oscillator, RSI, and Williams Percent Range indicators suggest varying trends for these assets. Global financial markets were flat to lower as investors awaited economic data and Fed comments. FTX token surged amid bankruptcy distribution news. China's stock markets rallied on stimulus measures. Key economic events include Japan's PMI and monetary base, US ISM manufacturing data, Australia's retail sales, and Dutch retail sales.
Daily Global Market Update - September 30th, 2024
Oil prices surged 1.9%, while the Australian dollar retreated slightly. The euro and Japanese yen remained stable. The Federal Reserve is expected to cut interest rates again in November, and Volkswagen lowered its annual outlook. Investors await key economic data next week, including US labor market figures. Wall Street's S&P 500 Index is up 20% year-to-date. Upcoming economic events include Japan's unemployment rate, UK GDP, Japan's housing starts, Germany's retail sales, US manufacturing index, and Germany's inflation rate.
Daily Global Market Update September 29th, 2024
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.
Daily Global Market Update September 26th, 2024
The EUR/USD pair declined, while the USD/JPY pair surged. Gold prices remained stable, and Google stock traded sideways. The dollar strengthened against the euro, but investors anticipate a rate cut. The Dow and S&P 500 retreated from recent highs. Trump Media shares rebounded. Key economic events include US GDP, durable goods orders, Spanish retail sales, Italian consumer confidence, and Japanese CPI and foreign bond investment.
Daily Global Market Update, September 25th, 2024
Bitcoin, Alibaba, AUD/USD, and Gold have risen. Indicators suggest overbought conditions for Bitcoin and Alibaba, but positive signals for AUD/USD and Gold. Global financial headlines include OPEC's oil forecast, China's yuan, and Celsius Network's token surge. Key upcoming economic events include US mortgage applications, new home sales, crude oil stocks, a 5-year note auction, French consumer confidence, and Japan's BOJ monetary policy meeting minutes.
Daily Global Market Update, September 24th, 2024
Gold prices rose slightly, while the euro declined against the dollar. The pound gained slightly, and bitcoin's price was volatile. Wall Street's main indexes rose, and China's Bitcoin mining dominance persists. Donald Trump's media company shares fell, and upcoming economic events include the US Red Book Index, Germany's ifo Business Climate, Japan's Jibun Bank Manufacturing PMI, US Consumer Confidence, Australia's RBA Rate Statement, and Germany's ifo Current Assessment
Daily Global Market Update September 23rd, 2024
Oil prices rose slightly, but the market is overbought. The Australian dollar and euro traded sideways with positive indicators. The Japanese yen remained stable. Gold reached a new high amid rate cut expectations and Middle East tensions. FedEx shares plunged due to disappointing earnings. The S&P 500 hit a new record, but economic data and political uncertainty may impact future performance. Upcoming economic events include US bill auctions, Dutch GDP, Singaporean CPI, Korean PPI, and the Australian RBA rate decision.
Daily Global Market Update September 20th, 2024
The GBP, BTC, Oil, and AUD pairs have risen significantly. The Stochastic RSI for GBP and BTC indicates overbought conditions, while the ROC for Oil and RSI for AUD suggest positive market sentiment. Coinbase has made rapid progress in the wrapped Bitcoin market. The Bank of England has maintained interest rates and paused bond holdings reduction. Gold prices have surged following the Fed's monetary easing. Today's economic highlights include Japan's BOJ interest rate decision, UK's public sector borrowing, Germany's producer price index, US oil rig count, Japan's BOJ monetary policy statement, and Eurozone's consumer confidence.
Daily Global Market Update September 19th, 2024
The EUR/USD pair remained stable, while the USD/JPY pair saw a minor upward correction. Gold fell against the dollar, and NIO shares plummeted. The Federal Reserve cut interest rates by half a percentage point, leading to a drop in the dollar and modest losses in US stocks. Key economic events include the Dutch Unemployment Rate, Germany's Buba Monthly Report, Australia's Unemployment Rate, UK's GfK Consumer Confidence, US Initial Jobless Claims, and Australia's Employment Change.
Daily Global Market Update September 18th, 2024
Bitcoin and Nike shares surged, while gold and the Australian Dollar remained relatively stable. Oil prices rose due to supply disruptions and potential Fed rate cuts. The US dollar strengthened following strong retail sales data. Tether's USDT reached $1 billion on TON network. Key economic events include the US Fed rate decision, FOMC press conference, Eurozone HICP, Austrian HICP, and UK CPI and Core CPI.
Daily Global Market Update September 17th, 2024
Gold, Euro, and Pound saw minor gains, while Bitcoin experienced a sharp decline. The CCI indicates overbought conditions for Gold and Pound, while the MACD signals a negative trend for the Euro. Technology stocks weighed on major US indices, and Tether's stablecoin dominance increased. Key economic events include US Retail Sales, Industrial Production, Germany's ZEW Survey, and Japan's Exports/Imports.
Daily Global Market Update, September 16th, 2024
The oil/dollar pair saw a slight decline, while the Australian dollar and euro experienced minor fluctuations. The dollar/yen remained stable. The Federal Reserve's upcoming monetary policy meeting is a focal point, with the S&P 500 approaching its July record high. Intel Corp qualified for federal grants to manufacture semiconductors, while Nvidia's stock surge has raised market concerns. Upcoming economic highlights include US bill auctions, Eurozone's trade balance, Italy's CPI and trade balance, and Eurozone's labor cost.
Daily Global Market Update September 13th, 2024
The pound sterling gained against the dollar, while bitcoin and oil prices surged. The Australian dollar's performance was mixed. Grayscale launched a new XRP trust, and traders reduced bets on ECB rate cuts. Key economic events include US export prices, Eurozone meetings, Japan's capacity utilization, Eurozone industrial production, US consumer sentiment, and UK inflation expectations.
Daily Global Market Update September 12th, 2024
The EUR/USD and USD/JPY pairs traded sideways, with negative signals from Stochastic and MACD, respectively. Gold/USD dropped 0.2%, while Volkswagen stock rose 0.4% with oversold conditions. US dollar mixed after inflation data, Wall Street fell, and Harris's presidential odds rose. Oil prices surged due to hurricane fears. Upcoming economic events include US budget statement, German and US wholesale/producer price indexes, US jobless claims, and Spanish inflation data.
Daily Global Market Update September 11th, 2024
Bitcoin and gold experienced modest gains, while Meta stock and Australian dollar faced downward pressure. Global oil prices fell due to OPEC's revised demand forecast. The dollar weakened against major currencies ahead of key economic data. Investors are watching for upcoming economic events, including US inflation data and GDP figures.
Daily Global Market Update September 10th, 2024
Gold and Bitcoin have shown positive movements, while the Euro, Pound, and Wall Street indices have experienced declines. The CCI for Gold and the Stochastic for Bitcoin indicate bullish trends. The Williams Percent Range for the Euro and the Ultimate Oscillator for the Pound suggest oversold conditions. Investors are awaiting inflation data and the Federal Reserve's interest rate decision. Other key economic events include the US NFIB Business Optimism Index, Dutch CPI, US Red Book Index, UK employment and claimant count data, and German Harmonised CPI.
Daily Global Market Update September 9th, 2024
Oil prices and the US dollar have seen a significant decline. The Australian dollar and the Japanese yen have traded sideways, while the euro has remained stable. China's central bank has halted gold purchases. Chrysler is recalling millions of vehicles due to a software issue. Global markets are facing uncertainty due to economic indicators and political factors. Key economic events to watch include US bill auctions and Japanese economic data.
Daily Global Market Update September 6th, 2024
The GBP/USD rose slightly, while BTC/USD fell sharply. Oil and AUD/USD experienced marginal increases. Crypto lobbying has surged, while luxury goods shares declined due to slowing Chinese demand. OPEC+ delayed oil production hikes. Key economic events include Japan's Coincidence Index, Leading Economic Index, UK's CFTC GBP Non-Commercial Net Positions, Eurozone's GDP, and US Non-Farm Payrolls/Average Hourly Earnings.
Daily Global Market Update September 5th, 2024
The Euro gained, Dollar-Yen dropped. Gold traded sideways, Tesla surged. US Dollar weakened after job data, suggesting larger Fed rate cuts. Global equities fell, safe-haven assets sought. Watch US ADP, ISM, Eurozone Retail, Japan Household, Australia Trade, and Japan Foreign Reserves.
Daily Global Market Update September 4th, 2024
Bitcoin, Amazon, Australian Dollar, Gold prices declined. Indicators suggest oversold conditions for Bitcoin, Australian Dollar, positive for Amazon, negative for Gold. Global headlines include gold price decline, Boeing delay, Cardano decline. Key economic events include GDP data, factory orders, job openings, service PMI.
Daily Global Market Update September 3rd, 2024
Gold, Euro, and Bitcoin showed positive trends, while the Pound's outlook was mixed. Global markets braced for economic data, including the US jobs report. Chinese manufacturing activity weakened, while Eurozone factories struggled. Cryptocurrency ETFs gained popularity. Tesla's China sales increased.
Daily Global Market Update September 2nd, 2024
The oil market experienced a significant decline, while the Australian dollar remained stable. The euro and Japanese yen also showed little movement. Global financial headlines were positive, with a broader rally in US stocks and a decline in inflation in the Eurozone. Upcoming economic events to watch include Italy's GDP, Dutch retail sales and manufacturing PMI, Japan's Jibun Bank manufacturing PMI and monetary base, and UK BRC like-for-like retail sales.
Daily Global Market Update August 30th, 2024
GBP/USD dipped slightly. Bitcoin surged. Oil prices rose significantly. AUD/USD gained. Ether ETFs saw positive inflows. Gold prices rose due to expected Fed rate cut. Oil prices increased due to supply disruptions. Upcoming economic highlights include Euro Zone CPI, Japan's housing starts, US personal income/spending, Germany's retail sales, and Japan's construction orders.
Daily Global Market Update August 29th, 2024
The EUR/USD pair declined, while the USD/JPY pair rose. Gold prices fell despite a positive MACD signal. Google's stock dropped, supported by a negative Stochastic RSI. The US dollar rebounded due to month-end buying, and Wall Street's main indexes were lower. Berkshire Hathaway's market value exceeded $1 trillion. Today's economic highlights include US GDP, Eurozone's Euro Group meeting, and Japan's consumer price index and unemployment rate.
Daily Global Market Update August 28th, 2024
Bitcoin and Volkswagen saw price declines, while the AUD/USD pair and gold prices rose slightly. Oil prices fell due to concerns about reduced demand. Sterling reached a two-year high against the dollar. AI and Big Data crypto projects have seen a significant increase in market capitalization. Today's economic highlights include Irish consumer confidence, Japanese foreign investment data, the Eurozone's Euro Group meeting, US crude oil stock changes, and US mortgage applications.
Daily Global Market Update August 27th, 2024
Gold, Euro, Pound, Bitcoin down. Global markets mixed, oil up. Investors expect lower US rates. Nvidia earnings expected. Today's economic highlights include US Consumer Confidence, Redbook Index, S&P Case-Shiller Home Price Indices, Irish Consumer Confidence, Finland's Industrial Confidence, and Germany's GDP.
Daily Global Market Update August 26th, 2024
The oil/dollar pair saw a minor decline, while the AUD/USD, EUR/USD, and USD/JPY pairs traded sideways. US stocks face a crucial test with Nvidia's earnings. The US Federal Reserve's dovish stance may ease pressure on the Bank of Japan. Wall Street and global shares rallied after Powell's speech. Today's economic highlights include US Durable Goods Orders, Non-Defense Capital Goods Orders, Germany's ifo Business Climate, and Japan's Coincident and Leading Economic Indices.
Daily Global Market Update August 23rd, 2024
The GBP/USD moved sideways, Bitcoin dropped 1%, and oil dipped slightly despite a positive MACD. AUD/USD fell 0.6% in an overbought market. Global trends show reduced Bitcoin inflows, lower US business activity, and a minor oil price rebound. Key economic data releases are expected today.
Daily Global Market Update August 22nd 2024
The Euro/Dollar pair saw a slight increase, while the Dollar/Yen remained stable. Gold prices traded sideways, and Google's stock rose. The pound strengthened against the dollar as expectations for US interest rate cuts grew. The S&P 500 and NASDAQ edged up due to a decline in US job data. Gold prices fell slightly. Today's economic releases include UK's GfK Consumer Confidence, Belgian and Eurozone's Consumer Confidence, US Jobless Claims, and Japan's Jibun Bank Manufacturing PMI.
Daily Global Market Update August 21st, 2024
Bitcoin and Apple shares are currently overbought, while the AUD/USD pair and gold are showing signs of upward movement. Gold prices have been rising due to a weaker dollar and anticipation of interest rate cuts. Bitcoin demand has been decreasing in recent weeks. Today's economic highlights include UK public sector borrowing, Japan's foreign investment, US crude oil stocks, and Germany's bond auction.
Daily Global Market Update August 20th, 2024
Gold held steady, but technical indicators suggest overbought conditions. The Euro and Pound gained against the Dollar, also showing overbought signals. Bitcoin surged significantly, with similar technical warnings. Wall Street rallied on recession hopes and potential rate cuts. Cardano dropped from top 10 cryptocurrencies. AMD to acquire ZT Systems for AI expansion. Key economic data releases expected today.
Daily Global Market Update 19 Aug 2024
Oil dipped slightly, Stochastic RSI bearish. AUD/USD traded sideways, MACD positive. EUR/USD stable, overbought. USD/JPY unchanged, RSI positive. China banks gain gold import quotas, gold prices surge. India's forex reserves decline. US stocks rally. Global focus on Jackson Hole. Today's economic releases: US bill auctions, German Buba report, China FDI, NZ exports/imports.
Daily Global Market Update August 14th, 2024
Bitcoin-USD rose 2%. Apple shares gained 1%, and AUDUSD increased 0.7%, all overbought. Gold fell 0.4%. Oil futures dropped on reduced Middle East conflict risks. Yen weak, US inflation data awaited. eBTC misappropriated $9.5 million. Key economic releases: US and UK CPI, Japan's GDP, Eurozone industrial production.
Daily Global Market Update August 2nd, 2024
The pound, AUD, and oil prices fell against the dollar. Bitcoin gained slightly. Crypto.com surpassed Coinbase in trading volume. Bank of England cut interest rates. Upcoming economic data includes French output, US wages, and Australian prices.
Daily Global Market Update August 16th, 2024
The pound gained 0.2% against the dollar, with a positive RSI signal. Bitcoin dropped 3%, indicated as negative by the ROC. Oil surged 1.1%, reaching an overbought market per the Stochastic RSI. The Australian dollar rose 0.2%, with the Williams indicator showing overbought conditions. Ethereum's total supply hit 120 million. UK equity indexes rose, and key economic releases today include the US Michigan Consumer Sentiment Index and US Housing Starts.
Daily Global Market Update August 15th, 2024
The Euro/Dollar and Dollar/Yen pairs saw slight gains of 0.1% each, with the former in overbought territory. Gold fell 0.6% against the Dollar, while NIO shares dropped 4.8%. The dollar weakened as US inflation data hinted at potential Fed rate cuts, boosting the euro to an 8-month high. Wall Street showed mixed results, with tech stocks declining. Key economic releases are expected, including US Industrial Production and Retail Sales.
Daily Global Market Update August 13th, 2024
Gold up 1.8%, Euro and Pound gain slightly. Bitcoin volatile, down 0.1%. Wall St. weak, real estate and finance lead. Marathon Digital raises $250m. JetBlue downgraded. Key data today: UK jobs, US NFIB, German ZEW, UK claims, US producer prices.
Daily Global Market Update August 12th 2024
Oil prices surged 1.2%, boosted by positive economic data, potential Fed rate cuts, and Middle East tensions. The AUD/USD pair declined slightly, while EUR/USD remained stable. USD/JPY traded sideways. Global markets are volatile due to inflation data, earnings, and elections. Economic releases today include US bill auctions, Portuguese and German inflation, Finnish current account, and Japanese producer prices.
Daily Global Market Update August 9th, 2024
The pound rallied 0.4% against the dollar amidst an oversold market. Bitcoin surged 8.2% with positive Stochastic RSI, while oil gained modestly despite a negative MACD signal. The AUD/USD pair jumped 1.1% with a bullish RSI. Global crypto trading volumes soared 19% in July, the 30-year mortgage rate hit a new low, and gold prices climbed over 1%. Today's economic calendar includes US oil rig count, German inflation, Finnish industrial output, and Japanese/UK CFTC net positions.
Daily Global Market Update August 8th, 2024
EUR/USD traded sideways with positive ROC signal. USD/JPY rose 1.3% with positive Williams %R. Gold traded sideways with positive ROC. Apple stock gained 1.4% with positive ROC. Yen dropped after BOJ official downplayed rate hike chances. US stocks lower in choppy trading. Home loan rates plunged to 15-month low. Key economic releases expected include US jobless claims, Irish CPI, Austrian trade balance, and Japan's Eco Watchers Survey.
Daily Global Market Update August 7th, 2024
Bitcoin rallied 4.2% with positive Williams indicator, while Tesla traded sideways with negative RSI. AUD/USD stagnated despite positive CCI, and gold fell 0.6% with positive stochastic. Dollar strengthened, impacting gold and cryptocurrencies, with a $510 billion market cap drop. Economic releases today include Japan's coincident index, US mortgage applications, and data from Germany and UK.
Daily Global Market Update August 6th, 2024
Gold, Euro, and Pound saw mixed performance, with gold and pound showing positive technical signals. Bitcoin plunged sharply with negative signals. Global markets tumbled due to recession fears, impacting major US indexes and Apple. Berkshire Hathaway reduced its Apple stake. Man Group invested heavily in Bitcoin ETFs. Lucid Group received a $1.5 billion cash injection from Saudi Arabia. Economic highlights include Australia's RBA interest rate decision, US Redbook Index, and Eurozone's retail sales.
Daily Global Market Update August 5th, 2024
Oil-dollar pair crashed 3.4%, oversold. Aussie, euro, and dollar-yen pairs traded sideways with positive signals. Oil prices tumbled on weak US jobs data and China woes. Intel's stock plunged 26%. Recession fears grip Wall Street, Fed rate cut expectations rise. Today's economic highlights include Eurozone PPI, US ISM Services, UK retail sales, and Japan data.
Daily Global Market Update August 1st, 2024
Euro-Dollar traded sideways, ROC negative. Dollar-Yen plunged 1.7%, MACD negative. Gold soared 1.5%, ROC negative. Microsoft fell 0.5%, MACD negative. Yen strengthens sharply after Bank of Japan's rate hike, markets await Fed hints on rate cuts. Eurozone inflation ticks up but expectations for ECB rate cut remain. Economic data releases today include Australian trade balance, Japanese monetary base, Australian exports, US jobless claims, Japanese manufacturing PMI, and Dutch retail sales.
Daily Global Market Update July 31st, 2024
Bitcoin, Meta shares decline with negative technical signals. AUD/USD corrects, oversold. Gold surges with positive momentum. Oil falls on China demand worries, OPEC+ supply plans. Yen strengthens on BoJ rate hike speculation. Tether hits $13.13B market cap. Economic highlights today: Japan BoJ, Eurozone CPI, US Fed, Germany retail sales, Australia retail sales, US ADP employment.
Daily Global Market Update July 30th, 2024
Gold, euro, and pound struggle, with negative technical signals. Bitcoin drops sharply, indicating bearish momentum. S&P 500 edges higher ahead of tech earnings and Fed decision. Solana surges, tech sector near record highs. Economic data from Europe, UK, US, Japan, and Australia to be released today.
Daily Global Market Update July 29th, 2024
Oil-dollar pair plunged, RSI bearish. Aussie and euro-dollar stable, both oversold. Dollar-yen unchanged, also oversold. Oil prices fell due to China demand and Gaza ceasefire hopes. Mitsubishi Motors joins Honda-Nissan alliance. Wall Street gains on tech rebound and inflation optimism. Today's focus: US Dallas Fed Manufacturing Index, US 3-month Bill Auction, Finland's Consumer and Industrial Confidence, Japan's Jobs Applicants Ratio and Unemployment Rate
Daily Global Market Update July 26th, 2024
Pound/dollar declined 0.3%, with MACD bearish; Bitcoin dipped slightly, Williams negative; Oil/dollar surged 1.1%, CCI oversold; Aussie/dollar fell 0.5%, Stochastic RSI oversold. Trump's campaign raised $3M in crypto, China eases lending, oil at $82 boosted by US data, but China concerns cap gains. Key economic releases today: Spain retail sales, UK CFTC GBP positions, Japan coincident & leading indices, US personal spending, French consumer confidence.
Daily Global Market Update July 25th, 2024
EUR/USD steady, Stochastic bearish. USD/JPY plunges 1.2%, MACD negative. Gold dips 0.4%, RSI bearish. Volkswagen shares fall 1.1%, Ultimate Oscillator negative. Dollar weakens against yen, NASDAQ drops on tech earnings. Gold gains slightly on dollar weakness. Today's focus: Japan CPI, US GDP, Eurogroup meetings, US durable goods orders, Germany Ifo.
Daily Global Market Update July 24th, 2024
Bitcoin plunged 2.5%, overbought signal. Google dipped slightly, RSI negative. AUD/USD fell 0.3%, Stochastic bearish. Gold gained 0.5%, RSI warns of potential decline. Oil crashed 2%, yen strengthened, Ether ETFs launch. Economic highlights today: Japan PMI, US home sales, Eurogroup meeting, UK bond auction, Finland PPI, Japan services PMI.
Daily Global Market Update July 23rd, 2024
Gold dropped 0.6%, Euro and Pound traded sideways. Bitcoin dipped slightly. Gold and currency indicators are negative, Bitcoin's positive. Key economic data due today: US Red Book Index, Existing Home Sales, and Eurozone Consumer Confidence.
Daily Global Market Update July 22nd, 2024
Oil prices (CL1!) dropped 2.6%, Aussie dollar (AUDUSD) flat but oversold, Euro (EURUSD) steady with positive signal, Yen (USDJPY) unchanged with positive signal. China's fuel imports down, tech outage disrupts markets. US economic data and Eurozone meeting eyed today.
Daily Global Market Update July 3rd, 2024
Bitcoin dipped despite investor interest, Nio stock rose, AUD gained slightly, gold dipped. Fed Chair's dovish remarks weakened dollar. Watch today's data for economic clues.
Daily Global Market Update July 19th, 2024
The British Pound, Australian Dollar, and oil (WTI) all fell against the US Dollar. Bitcoin also dropped. The European Central Bank kept interest rates the same but lowered its growth forecast for the Eurozone. Investors are watching economic data releases today, including the US Baker Hughes Oil Rig Count and UK Retail Sales, for clues about the global economic climate.
Daily Global Market Update July 18th, 2024
The Euro strengthened against the USD (up 0.3%) while USD weakened against the Yen (down 1.3%). Gold dipped slightly but technical indicators suggest potential rise. Apple stock dipped minimally. Yen gained strength on suspected intervention, NASDAQ fell sharply, Dow Jones hit record high. UK inflation remained steady. Look out for upcoming economic releases from Japan, UK, Australia, US and Netherlands.
Daily Global Market Update July 17th, 2024
Bitcoin dipped slightly, Tesla and AUD/USD fell. Gold surged amid market volatility. Oil prices dropped but downside limited by Fed rate cut expectations. Global growth to moderate, with risks. Look out for key economic releases today from Japan, US, UK and Austria.
Daily Global Market Update July 16th, 2024
Gold, Bitcoin see gains; EUR/USD flat; GBP/USD overbought. Wall Street up on positive news. US retail sales, Germany ZEW survey on tap today.
Daily Global Market Update July 10th, 2024
Bitcoin climbed 2% vs. dollar but technical indicators show a potential drop. Meta dipped slightly despite bullish signals. AUD/USD and gold remained flat, with mixed technical outlooks. Watch upcoming economic events from Japan, Finland, UK, US and Portugal.
Daily Global Market Update, July 15th 2024
Oil and Dollar pair dropped 1% with negative technical indicators. Aussie Dollar dipped slightly but technicals are positive. Euro and Yen held steady with positive technicals. Wall Street rose on Fed rate cut hopes, Vietnamese EV maker VinFast delayed factory launch. Today's key economic releases include US bill auctions, Eurozone industrial production and Germany retail sales.
Daily Global Market Update July 12th, 2024
The British Pound gained against the US dollar, while Bitcoin reversed its gains and closed lower. Oil prices continued to climb, and the Australian dollar saw a minor increase. Global stocks dipped after US inflation data, potentially impacting future interest rate decisions. Keep an eye on today's economic releases, including Japan's industrial data, US producer price index, and consumer sentiment.
Daily Global Market Update July 11th, 2024
The EUR/USD, USD/JPY, and gold-dollar pairs all saw minor increases, but technical indicators suggest potential for a pullback. Apple stock rose 1.5%. The pound is near a one-month high, and US stock markets reached record highs. Today's key economic releases include Japan's GDP, US oil inventory data, and Eurozone industrial production data.
Daily Global Market Update July 9th, 2024
Gold prices fell 1.1% while the Euro Dollar and Pound Dollar remained flat. Bitcoin rose slightly. Investors are cautious ahead of key economic data and Fed Chair Jerome Powell's testimony. Boeing to plead guilty in 737 Max crashes. Expect economic data releases throughout the day.
Daily Global Market Update July 8th, 2024
Oil price dipped but technical indicators suggest potential rise. Aussie dollar and Euro dollar also show positive technical signals despite minor decline. Dollar Yen remains flat with negative RSI. Global stocks rose on positive Foxconn earnings and hopes of US rate cuts. Today's key events include Japan's economic outlook, Germany trade data, and Eurozone Euro Group meeting.
Daily Global Market Update July 3rd, 2024
Bitcoin dipped despite investor interest, Nio stock rose, AUD gained slightly, gold dipped. Fed Chair's dovish remarks weakened dollar. Watch today's data for economic clues.
Daily Global Market Update July 4th, 2024
EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.
Daily Global Market Update July 5th, 2024
Major currencies showed mixed performance. The pound and Aussie dollar gained slightly, while Bitcoin fell sharply. Oil prices rose but may be overbought. Economic data from US, Germany, Italy, and Japan coming up today. Tron's Justin Sun eyes German Bitcoin holdings, and South African rand strengthens.
Daily Global Market Update July 2nd, 2024
Gold, Bitcoin show positive momentum, while US stocks mixed and Europe flat. Focus on upcoming economic data releases like US JOLTS and Eurozone CPI.
Daily Global Market Update July 1st, 2024
Oil price dipped and technical indicators suggest a potential downward trend. Aussie dollar and Euro gained slightly. Dollar Yen remained flat. Global markets reacted to weak China data with lower stocks and higher US yields. Today's focus is on US manufacturing data, German inflation, and Japanese consumer confidence.
Daily Global Market Update June 28th, 2024
The Pound rose slightly against the Dollar, while Bitcoin and Oil prices jumped. The AUD stayed flat. Crypto losses surged in Q2. US jobless claims dipped but beneficiary numbers rose. Oil futures climbed on supply disruption fears. Today's key economic releases include UK GDP, US personal income/spending, and Japan's construction/housing data.
Daily Global Market Update June 27th, 2024
The Euro and Gold dipped slightly, while the Dollar strengthened against the Yen. Meta's stock surged but might be overbought. Amazon hit $2 trillion in market cap, boosting investor optimism. Upcoming economic data include US GDP and Durable Goods Orders.
Daily Global Market Update June 26th, 2024
Bitcoin surged 2.5% but may be overbought. Alibaba stock dipped 0.9% and is oversold. AUD/USD down slightly but could rise soon. Gold price fell 0.4% but might rebound. Oil prices dropped 1% on weak US consumer confidence. US dollar stays strong due to Fed rate cut expectations. Watch out for upcoming economic data from US, Finland, France and Japan.
Daily Global Market Update June 25th, 2024
Financial markets showed mixed signals. Gold and major currencies gained against the dollar, while Bitcoin fell sharply. Dow Jones rose on investor shift, while NASDAQ dropped. Mt. Gox to repay lost Bitcoin. Watch out for today's economic data releases including US consumer confidence and Chicago Fed National Activity Index.
Daily Global Market Update June 24th, 2024
Oil dipped slightly, while currencies remained mostly flat. Gold tumbled on strong US data, stocks dipped slightly. Watch for economic data releases today from US, Eurozone, Germany, Japan and UK.
Daily Global Market Update June 21st, 2024
The British Pound fell 0.4% against the US dollar, while Bitcoin rose 0.2%. Oil prices increased on lower US stockpiles, and AUD/USD dipped slightly. Japan's economic data and Europe's finance meeting are on tap today.
Daily Global Market Update June 20th, 2024
Financial markets mostly flat. Euro near lows on French political concerns. Dollar struggles for direction. Canada stocks down, UK inflation meets target. Key economic data today includes US housing starts, jobless claims and Eurozone consumer confidence.
Daily Global Market Update June 19th, 2024
Bitcoin and Apple stocks fell while the US dollar weakened. AUD rose and gold saw a small gain. Oil prices climbed due to global tensions. Upcoming economic data releases include US housing market data, UK inflation numbers, and Japan's foreign investments.
Daily Global Market Update june 18th, 2024
Gold price dipped 0.4% while major currencies saw slight gains against USD. Bitcoin also declined. Wall Street rose with tech giants leading the way. Tether launched a gold-backed stablecoin. Upcoming economic reports include Germany ZEW survey, Japan exports, US retail sales, and Australia's RBA decision.
Daily Global Market Update June 17th, 2024
Oil and Aussie Dollar up, Euro and Yen mixed. Hyundai India seeks record IPO in Mumbai. NASDAQ sets new high, US stock indices flat. Watch US bill auctions, Eurozone meeting, and inflation data for market direction. Buckle up for an intriguing day in financial markets!
Daily Global Market Update June 14th, 2024
GBP/USD dipped 0.2%, Bitcoin plunged 2.1%, Oil fell 0.4% but indicator positive. AUD/USD down 0.4%. Terraform Labs to close, US producer prices down, Oil mixed. Upcoming events: US Export Price Index, Eurogroup meeting, US Michigan Consumer Sentiment Index.
Daily Global Market Update June 13th, 2024
Euro rose 0.6% against Dollar, Yen strengthened while Dollar dipped. Gold rose slightly but technical indicators show potential decline. Amazon stock fell, S&P 500 and NASDAQ hit record highs but closed lower. US jobless claims, producer price index, Eurozone industrial production data eyed today.
Daily Global Market Update June 12th, 2024
Bitcoin, Alibaba stocks down. AUD/USD flat, Gold up slightly. Oil up on forecast, dollar strong. Economic data from Germany, UK, Japan, US Fed rate decision eyed.
Daily Global Market Update June 11th, 2024
Euro dipped slightly, gold and oil rose, Bitcoin and pound flat. Investors cautious ahead of key economic data and Fed meeting. Upcoming events include Japan PPI, UK employment data, and US business optimism index.
Daily Global Market Update June 10th, 2024
Oil dipped slightly but may rebound soon. AUD/USD may find support soon, EUR/USD likely to decline further, USD/JPY flat but may rise. Gold prices fell on strong US jobs data. Investors await inflation data and Fed meeting to assess economic outlook. S&P 500 up 12% YTD. Upcoming events: US bill auctions, Finland industrial output, Australia industrial production, Japan economic surveys.
Daily Global Market Update June 7th, 2024
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!
Daily Global Market Update June 6th, 2024
Currency markets mixed: dollar up on data, yen gains despite technical signal. Gold jumps on momentum indicator, NIO stock drops opposite of its technical reading. Stocks surge to new highs on tech strength, Bank of Canada cuts rates first in G7. Watch Germany factory orders, Australia trade data, Japan spending, and US jobs data today.
Daily Global Market Update June 5th, 2024
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.
Daily Global Market Update June 4th, 2024
The EUR/USD rose 0.4%, gold increased 1%, and the Pound gained 0.4%, all indicating overbought conditions. Bitcoin surged 2% despite a negative MACD signal. US stocks fell on weak manufacturing data, Australia's first Bitcoin ETF is launching, and GameStop shares rose 30% after a major influencer's return to Reddit.
Daily Global Market Update June 3rd, 2024
The oil-dollar pair fell by 0.7%, AUD/USD and EUR/USD were stable, and the dollar-yen traded sideways. China’s home prices rose, Tesla's CEO faces insider trading claims, and US stock indexes varied. Key economic releases include Japan’s Manufacturing PMI, US ISM Manufacturing Index, Japan’s Monetary Base, Dutch Manufacturing PMI, UK’s Retail Sales, and US ISM Manufacturing PMI.
Daily Global Market Update May 31st, 2024
The GBP/USD rose 0.2%, Bitcoin gained 1.2%, crude oil fell 1.7%, and AUD/USD increased 0.3%. Crypto fraud losses dropped 12%, US Q1 economic growth slowed, and oil prices declined. Key releases: Germany's Retail Sales, US Personal Income/Spending, Japan's Construction Orders/Housing Starts, Eurozone's Consumer Prices.
Daily Global Market Update May 30th, 2024
The EUR/USD pair decreased by 0.4%, while USD/JPY rose by 0.1%. Gold fell by 0.9%, and Alibaba shares increased by 0.4%, despite a bearish signal. Concerns over prolonged high interest rates weakened the Canadian dollar against the US dollar, and U.S. stocks fell, particularly in utilities.
Daily Global Market Update May 29th, 2024
Bitcoin dropped 1.5%, possibly oversold. Google stock rose 1% but signals potential downward pressure. AUD/USD stable, hints at upward movement. Gold up 0.3%, but may reverse. Oil prices surged $1 on OPEC+ supply expectations. US Treasury auctions weak, impacting dollar and yields.
Daily Global Market Update May 28th, 2024
The EUR/USD rose 0.1%, Gold increased 0.5%, GBP/USD gained 0.2%, and Bitcoin surged 1.6%. Global highlights: Canada's stock index rose, Ethereum’s meme coins surged, and Amazon’s AWS plans a major investment in Italy. Key events: Eurogroup meeting, US S&P/Case-Shiller Home Price Indices, US Consumer Confidence, Australia's Retail Sales, US Redbook Index, and Germany’s Wholesale Price Index.
Daily Global Market Update May 27th, 2024
The oil-dollar pair rose by 1.2%, while the Aussie dollar remained stable and oversold. The Euro-dollar and Dollar-Yen pairs traded sideways with mixed signals. Nvidia's AI chip struggled in China, Dell's shares hit a record high, and U.S. stocks, led by NASDAQ, gained for a fifth week. Key upcoming economic events include the Eurozone's Eurogroup meeting and German and Japanese indicators.
Daily Global Market Update May 24th, 2024
The pound dipped 0.1%, Bitcoin fell 1.8%, oil decreased 0.2%, and AUD/USD corrected down 0.1%. Coinbase reopened XRP trading in New York. UK stocks fell amid election uncertainty, and oil prices dropped to their lowest since February. Key upcoming economic releases include UK retail sales, US durable goods orders, and Germany's GDP.
Daily Global Market Update May 23rd, 2024
The EUR/USD fell 0.2%, the dollar rose 0.3% against the yen, and gold dropped 1.7%. Meta's stock was stable. Sterling rose, UK stock futures fell, and Wall Street had mixed results. US crude inventories unexpectedly increased.
Daily Global Market Update May 22nd, 2024
Bitcoin fell 2.5%, with further declines likely. Apple's stock rose 0.6%, showing bullish trends. The AUD/USD pair remained stable but has a negative outlook. Gold dipped 0.2% and is overbought. Globally, gold prices held near record highs as the dollar stayed strong, with anticipated U.S. rate cuts.
Daily Global Market Update 19/03/2024
Gold Dollar rose slightly, Euro Dollar stagnated, Pound Dollar unchanged, Bitcoin dropped. Wall Street up with mega-cap rebound. OKX halts EU Tether pairs. Tesla's Model Y price hike. Economic events: RBA Rate Statement, RBA Interest Rate Decision, US Redbook Index, Eurozone ZEW Survey, Japan's BOJ Rate Decision, US Housing Starts.
Daily Global Market Update 13/05/2024
Oil-dollar pair fell 1.8%, ROC negative. Aussie dollar sideways, MACD positive. Euro-dollar sideways, MACD positive. Dollar-yen sideways, Stochastic RSI positive. China's consumer prices up for third month. Seeker's shares soar 35% above IPO price. Today: US bill auctions, Finland's Current Account, Portugal's CPI, Eurozone's Eurogroup Meeting, Japan's PPI.
Daily Global Market Update 21/05/2024
EUR/USD fell 0.1%, CCI indicates more downside. Gold rose 0.2%, but is overbought. GBP/USD was static, also overbought. Bitcoin surged 4.3%, may correct soon. Gold prices rose ahead of a US inflation report. Japan's shares hit a 34-year peak. Ripple acquired Standard Custody and Trust.
Daily Global Market Update 20/05/2024
Oil gained 0.7%. The Australian dollar is overbought but unchanged. The Euro and Dollar-yen traded sideways; the Euro is overbought, and the Dollar-yen has a negative signal. China's gasoline exports hit a low. Japan's Nippon Steel VP will visit the US for a deal. Global stocks rose on potential Fed rate cuts.
Daily Global Market Update 17/05/2024
GBP/USD dipped 0.1%, Bitcoin dropped 1.2%, oil gained 0.4%, and AUD/USD fell 0.3%. Venture capital funding is rising, Aquarius launched a $600M liquidity fund, and crude prices rose. Key economic releases include US Oil Rig Count and various HICP and CFTC data.
Daily Global Market Update 16/05/2024
The euro rose 0.6% against the dollar, while the dollar-yen pair fell by 1% and the gold-dollar pair surged 1.2%. Nike's shares declined by 0.7%. Lower US inflation sparked hopes for an early Fed rate cut, boosting the S&P 500 and NASDAQ. Key economic events today include industrial production and unemployment data from the US, Australia, Japan, Italy, and the Netherlands.
Daily Global Market Update 15/05/2024
Bitcoin fell 2%. Amazon shares rose 1.7%. The Australian dollar gained 0.2%. Gold increased 0.8%. Oil prices fell due to rate concerns. The US dollar eased amid rising producer prices. The Solana mCoin parody GME hit $100 million market cap. Key economic events today include US CPI, US Retail Sales, Eurozone Employment Change, Industrial Production, and Japan's GDP.
Daily Global Market Update 14/05/2024
Gold fell by 1%, while the euro and pound rose slightly. Bitcoin surged 2.5%. The S&P 500 remained steady. Jeffrey Morphe sued Bitfarms for $27 million. Anglo American rejected BHP's $42.6 billion offer. Key economic events today include employment data from the UK and Japan, US business optimism, and Germany's consumer prices.
Daily Global Market Update 10/05/2024
The pound-dollar pair rose slightly, Bitcoin surged, oil gained, and the Australian dollar strengthened. Digital Currency Group saw a revenue surge, the Bank of England hinted at a rate cut, and oil prices rose. Economic highlights today include releases from the UK, Austria, the US, Japan, and Italy.
Daily Global Market Update 09/05/2024
Euro-dollar sideways; Williams negative. Dollar up 0.4% vs. yen; ROC positive. Gold dips 0.2%; stochastic RSI oversold. Nike up 0.4%; MACD positive. Airbnb profits rise, bookings slow; Dow up, benchmarks cool. Europe index high; strong earnings. Upcoming: Japan's earnings, US jobless claims.
Daily Global Market Update 08/05/2024
Bitcoin fell 0.2% against the dollar after a 1.8% rise. Amazon's stock corrected by 0.1%, but the MACD indicator is positive. The Australian dollar dropped 0.3% against the dollar, with an overbought market. Gold declined 0.5% against the dollar, with a negative MACD signal. Oil prices closed lower, and the Canadian dollar weakened. Bitcoin exchange inflows are at decade lows.
Daily Global Market Update 07/05/2024
Gold surged, euro rose slightly, pound gained, Bitcoin fell. US stocks hit highs, Hong Kong Bitcoin ETFs lag. Tesla cuts jobs. Economic events include Germany's Trade Balance, US 3-Year Note Auction, Japan's PMI, and Australia's RBA decision.
Daily Global Market Update 06/05/2024
Oil-dollar pair fell 1.5%, oversold. Other pairs traded sideways. Oil prices dropped on weak US jobs data, Fed rate cut talk. Berkshire Hathaway cut Apple stake, but record profit. Wall Street up on Fed rate cut hopes. Economic calendar: US bill auctions, Spain job data, Eurozone prices, UK retail, China services PMI.
Daily Global Market Update 03/05/2024
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.
Daily Global Market Update 02/05/2024
Euro up, dollar-yen down, gold spikes, Google steady. Bank of Canada considers rate cut, Fed hints at future rate adjustment. Key economic events: Japan Consumer Confidence, Australia Trade Balance, US Labor Costs, Spain Unemployment Change, US Jobless Claims, Austria Unemployment Rate.
Daily Global Market Update 01/05/2024
Bitcoin, MetaStock, Aussie dollar, and gold fell. Oil prices dropped, Canadian dollar weakened. Ex-Binance CEO jailed. Key events: UK's 10y Bond Auction, US ADP Employment Change, Japan's BOJ Monetary Policy Meeting Minutes, Japan's Jibun Bank Manufacturing PMI, Dutch Market Manufacturing PMI, Dutch Retail Sales.
Daily Global Market Update 30/04/2024
Gold-dollar pair stable; euro-dollar slightly up; pound strengthens; Bitcoin dips. US stocks rise, led by Tesla and Apple. Binance faces lawsuit; key economic events include housing starts, US consumer confidence, and retail sales data.
Daily Global Market Update 29/04/2024
Oil prices held steady, AUD/USD and EUR/USD pairs traded flat, USD/JPY stalled, US stocks surged on tech earnings. Upcoming economic events include US Dallas Fed Manufacturing and Eurozone Business Climate reports.
Daily Global Market Update 26/04/2024
Currency and commodity pairs gained momentum. Pound-dollar, Bitcoin-dollar, and oil-dollar pairs rose, while the Aussie dollar pair corrected. Major financial news: potential SEC rejection of ether ETFs, Swiss National Bank's record profit, and rising oil prices amid Middle East tensions.
Daily Global Market Update 25/04/2024
Euro-dollar stable; stochastic positive. Dollar up 0.33% vs. yen; Williams signals overbought. Gold-dollar drops 0.3%; stochastic RSI oversold. Tesla falls 0.5%; oscillator positive. Yen weakens, S&P 500 rises, US Treasury auction affects yields. Australian inflation disappoints. Upcoming: US GDP, French business climate, Japan CPI, UK consumer confidence.
Daily Global Market Update 24/04/2024
Bitcoin dipped 0.6%; ROC signals align. Apple rose 0.8%, but stochastic signals negativity. Aussie dollar climbed 0.5%, supported by CCI. Gold fell 0.4%; stochastic RSI suggests oversold. Oil hits $100/barrel; USD index drops. Yen hits multi-year lows vs. USD, Euro.
Daily Global Market Update 23/04/2024
Gold-dollar down 2.4%, MACD negative. Euro-dollar flat, ROC negative. Pound-dollar dips 0.2%, oversold. Bitcoin-dollar jumps 2.3%, stochastic positive. Wall Street rebounds, eyes on earnings. Bitcoin demand slows post-halving. Tesla expects profit margin decline. Major events: US Redbook Index, New Home Sales, 2-Year Note Auction; Japan's PMI; UK's Net Borrowing.
Daily Global Market Update 22/04/2024
Oil-dollar, Aussie dollar, euro-dollar, and dollar-yen pairs traded sideways. IMF urges focus on domestic inflation. US stocks lower, tech earnings to test rally. Economic events: US Chicago Fed Index, Bill Auctions, Eurozone & German Consumer Confidence, Dutch Consumer Confidence.
Markets impacted by Middle East tensions
Asia stocks fall on Middle East tensions; gold, safe-haven currencies rise. UK retail sales flat. Fed comments affect bond yields, USD.
Daily Global Market Update 18/04/2024
Euro Dollar up 0.4%, Dollar Yen down 0.2%, Gold Dollar drops 0.8%. Nike gains 0.2%. Dollar strong, impacting Yen. US stocks volatile on Fed concerns, Europe steady. Key events: US jobless claims, Australia employment, Eurozone meeting, Japan industry index, Australia unemployment rate.
Daily Global Market Update 17/04/2024
Bitcoin and Apple stocks dipped slightly; EUR/USD and gold-dollar prices remained stable. Sterling hit a 5-month low against the dollar due to UK unemployment data. Crypto.com plans significant hiring. Economic events include data releases from Japan, UK, Eurozone, Austria, and the US Federal Reserve.
Daily Global Market Update 16/04/2024
Gold up 0.7%, CCI signals negative. Euro dips 0.2%, stochastic down. Pound stable, stochastic RSI oversold. Bitcoin drops 3.6%, RSI negative. US stocks fall amid retail sales rise. Ethereum's USD value doubles since PoS switch, ETH/BTC down 33%. Tesla cuts 10% workforce. Today: US Housing Starts, Japan Imports, Germany's ZEW Survey, US Industrial Production, UK Employment & Claimant Count Change.
Daily Global Market Update 15/04/2024
Oil-dollar pair trades sideways; Aussie, euro, and dollar yen prices steady. Gold hits record amid Middle East tensions; US Steel acquisition progresses. US Energy shares surge. Today's key events: US Retail Sales, NAHB Housing Market Index.
Daily Global Market Update 12/04/2024
GBP/USD edged up 0.1%, Bitcoin corrected down 0.2%, Oil dropped 0.8% vs. USD, AUD rose 0.4% vs. USD. Ether trailed Bitcoin YTD gains. Oil steadied near 6-month highs. Russia exports diesel to Sudan post-EU embargo. Economic events include UK's Industrial Production, Japan's Capacity Utilization, Germany's CPI, Eurozone's Fin Meeting, UK's GDP, and US Michigan Consumer Sentiment Index.
Daily Global Market Update 11/04/2024
EUR/USD down 1%, USD/JPY up 0.9%. Gold-dollar fell 0.8%, Apple shares down 0.6%. Dollar strengthened broadly, reaching highest vs. yen since mid-1990 post-US inflation. Key releases: US Jobless Claims, Italy's Industrial Output, Aus Consumer Inflation, US Producer Price Index, Eurozone's Eurogroup Meeting.
Daily Global Market Update 10/04/2024
Bitcoin-USD fell 3.5%, negative Stochastic RSI. Apple up 0.6%, negative Ultimate Oscillator. AUD/USD rose 0.3%, positive RSI. Gold-dollar gained 0.5%, overbought Ultimate Oscillator. Oil up on Gaza conflict. Dollar tentative despite US Treasury yield rise. Bitcoin liquidated $12M shorts.
Daily Global Market Update 09/04/2024
Gold-dollar surged 1.1%, overbought (CCI). Euro-dollar up 0.2%, positive CCI. Pound gained 0.2%, positive stochastic signal. Bitcoin surged 3.4%, despite negative ROC. US stocks stable before inflation data. Ethereum outflows continue, oil prices slide. Upcoming: US NFIB Business Optimism Index, Redbook Index, Dutch CPI, Japanese Consumer Confidence, and Machine Tool Orders.
Daily Global Market Update - Apr 8th, 2024
Oil-Dollar Pair Correction
The oil-dollar pair corrected downwards by 0.2% in the last session. The Williams indicator indicates an overbought market.
Aussie Dollar Pair Sideways Trading
The Aussie dollar pair traded sideways in the last session. According to the stochastic RSI, we are in an overbought market.
Euro-Dollar Price Stability
The euro-dollar price remained largely unchanged in the last session. The ultimate oscillator is giving a positive signal.
Dollar-Yen Pair Sideways Trading
The dollar-yen pair traded sideways in the last session. The ultimate oscillator is giving a negative signal.
Global Headlines
China's foreign exchange reserves rose in March, reaching $3.246 trillion, despite the US dollar's climb against other major currencies. Tesla has cancelled its long-promised inexpensive car, focusing instead on developing self-driving robotaxis. US stocks finished higher last week, driven by a strong jobs report, reinforcing the view of a healthy economy and potentially delaying interest rate cuts by the Federal Reserve. All major S&P 500 sectors advanced.
Upcoming Economic Events
Here are today's most important economic events:
- Japan's Eco Watchers Survey Current - 0500 GMT
- Japan's Eco Watchers Survey Outlook - 0500 GMT
- US 6-Month Bill Auction - 1530 GMT
- UK's BRC Like-for-Like Retail Sales - 2301 GMT
- US 3-Month Bill Auction - 1530 GMT
- Germany's Trade Balance - 0600 GMTDaily Global Market Update 08/04/2024
Oil-dollar pair down 0.2%, overbought (Williams). Aussie dollar sideways, overbought (stochastic RSI). Euro-dollar stable, positive (ultimate oscillator). Dollar-yen sideways, negative (ultimate oscillator). China's forex reserves up despite USD rise.
Daily Global Market Update 05/04/2024
Financial markets: pound-dollar stable, positive stochastic signal. Bitcoin up 2.9%, MACD negative. Oil rose 1.4%, ROC negative. Aussie dollar up 0.2%, ROC positive. Ripple launches stablecoin. Gold at record high, oil prices up. Major events: Germany's Factory Orders, US Non-Farm Payrolls.
Daily Global Market Update 04/04/2024
Euro gains against the dollar; technicals support. USD/JPY trades sideways with contradicting signals. Gold rises, but Stochastic RSI indicates overbought market. Nike shares drop with negative ROC. Dollar index holds near 4-month high; Japan's economy recovers. Gold prices surge amid inflation concerns. Key economic events include US jobless claims and Eurozone's PPI release.
Daily Global Market Update 03/04/2024
Bitcoin fell 5.7%, Alibaba rose 0.4% but signals negativity, Australian dollar increased 0.4%, Gold surged 1.4%, Gold hit record highs, Bitcoin ETFs trading volume surged. Upcoming: US ADP Employment, US ISM Services PMI, Eurozone CPI, Eurozone Unemployment Rate, Japan Services PMI, Japan Foreign Bond Investment.
Daily Global Market Update 02/04/2024
In recent sessions, the gold dollar pair rose slightly, while the euro dollar pair and pound fell against the dollar. Bitcoin also experienced a decline. Global markets are monitoring the impact of stronger manufacturing data on treasury yields.
Daily Global Market Update 28/03/2024
In the latest session, the euro-dollar and dollar-yen pairs corrected slightly, while gold rose against the dollar and Meta stock declined. Sterling stumbled amidst business concerns, and the Dow led gains among major indexes. Oil prices fell due to increased US crude stockpiles.
Daily Global Market Update 27/03/2024
Bitcoin slightly rose, Nio shares fell, Aussie dollar stable, gold up a bit. Oil prices down, Qoin charged. Economic highlights: US MBA Mortgage Apps, Eurozone Business Climate, Japan Foreign Bank Investment.
Daily Global Market Update 26/03/2024
Recent market movements: Mixed for gold, euro, pound, and Bitcoin with technical signals. Financial highlights: Fed optimistic on inflation, caution emerging; Grayscale Bitcoin Trust outflows; Nissan expansion plans. Key economic events today: US consumer confidence, durable goods orders; Germany, Spain, and Ireland data releases.
Daily Global Market Update 25/03/2024
Oil Slightly Up, Aussie Dollar Dips, Euro Pair Sideways, Dollar-Yen Stable; Global News Highlights and Major Events Today
Daily Global Market Update 22/03/2024
Financial markets show declines in Pound/Dollar, Bitcoin/Dollar, oil prices, and the Aussie against the dollar. Mixed technical signals observed. Global headlines: token treasuries surge, Turkey raises interest rates. Key economic releases: US Baker Hughes Oil Rig Count, Germany's Ifo Business Climate, Japan's CFTC JPY NC Net Positions, UK's Retail Sales, and GfK Consumer Confidence.
Daily Global Market Update 21/03/2024
Euro gained, Dollar Yen steady, Gold surged caution advised, Microsoft up, Global markets react to Fed, Today: Japan, Germany, US, Australia, UK releases.
Daily Global Market Update 20/03/2024
Bitcoin, NIO, AUD/USD, and Gold fell. Global focus: gold prices, Swiss interventions, Bitcoin recovery pre-Fed. Today: Eurozone consumer confidence, US Fed rate decision, FOMC press, Japan exports, UK CPI.
Daily Global Market Update 18/03/2024
In recent sessions, major currency pairs exhibited sideways movement with varied signals from technical indicators. Meanwhile, global financial headlines highlight the Bank of Japan's potential policy shift, Volkswagen's delivery challenges, and US stock declines amid rate speculation. Today's economic calendar includes key releases from the US, UK, Austria, and Eurozone.
Daily Global Market Update 15/03/2024
Pound dips, Bitcoin falls, Oil rises, Aussie drops. North Korean hackers launder $12M in Ether. China keeps key rate. Economic data from France, Japan, US, Finland, UK.
Daily Global Market Update 14/03/2024
The Euro gained 0.2% against the dollar, while the USD/JPY remained stable. Gold rose by 0.8%, despite mixed technical signals. Google stocks increased by 0.3%. Global markets reacted to a weakening dollar, UK economic growth, and rising oil prices.
Daily Global Market Update 13/03/2024
Bitcoin down 1.9%, Meta shares up 1%, AUD/USD minor dip, gold fell 1.2%. Oil prices rose amid Middle East tensions, dollar slightly up, yen drops. VanEck's Bitcoin ETF gains $119 million. Economic events: US MBA Mortgage Apps, UK Industrial/Mfg Production, Germany's 10y Bond Auction, Eurozone Industrial Production, Japan Foreign Bond Investment.
Daily Global Market Update 11/03/2024
Markets: Oil-dollar, Aussie dollar, Euro-dollar, and dollar-yen sideways. Global: Saudi Aramco on China demand, Rivian's stock surge, Asian stocks high. Upcoming: US Bill auctions, Finland's account, Eurogroup meeting, Japan's Tool Orders, and Producer Price Index.
Daily Global Market Update 08/03/2024
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.
Daily Global Market Update 07/03/2024
Euro Dollar rises 0.4%, Dollar falls 0.4% against Yen, Gold gains 0.9%, Google shares drop 1.3%. Global economy shows mixed signals. Key releases: Australia's Trade Balance, Germany's Factory Orders, US Initial Jobless Claims, US Unit Labor Costs, Australia's Imports, Finland's Trade Balance.
Daily Global Market Update 06/03/2024
Bitcoin USD fell 7.1%, NIO's stock surged 88.3%, Aussie Dollar was stable, and Gold USD gained 0.6%. Oil prices dropped, the dollar fell, and investors are watching ECB rate decision, Powell's testimony, and US jobs data. Upcoming releases: Japan's Foreign Bond Investment, US JOLTS Job Openings, Eurozone's Retail Sales, Australia's GDP, US ADP Employment Change, Germany's Trade Balance.
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