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Daily Global Market Update 17/04/2024

Bitcoin's Recent Movement Bitcoin dropped by 0.4% against the dollar in the last session. The ROC is giving a positive signal. Apple Stock Analysis Apple stock dropped by 2% in the last session. The stochastic indicator is giving a positive signal, contrary to our overall technical analysis. EUR/USD Pair Analysis The EUR/USD pair fell by 0.5% in the last session. The ultimate oscillator is giving a negative signal, aligning with our overall technical analysis. Gold-Dollar Price Analysis The gold-dollar price remained largely unchanged in the last session. The RSI is giving a negative signal. Recent Financial News Apple stock dropped 2% in the last session. The stochastic indicator is giving a positive signal, contrary to our overall technical analysis. Sterling stayed at a 5-month low versus the dollar after data showed Britain's unemployment rate rose by more than expected. The pound touched its lowest since November the 17th. Crypto.com CEO reportedly said the exchange has been adding people to its staff in a move that could increase the number of employees by roughly 1,400. Many major crypto and technology companies announced significant layoffs in 2022 and early 2023 amid a market downturn, resulting in many firms filing for bankruptcy. Upcoming Economic Events Here's a brief rundown of today's most important economic events: • Japan's Foreign Investment in Japan Stocks - 2350 GMT • UK's Consumer Price Index - 600 GMT • Eurozone's Harmonized Index of Consumer Prices - 900 GMT • Austria's HICP - 700 GMT • US Fed's Beige Book - 1800 GMT • US MBA Mortgage Applications - 1100 GMT

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Publication date:

2024-04-17 08:48:33 (GMT)

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