Daily Global Market Update 15/05/2024

Bitcoin's Recent Movement The Bitcoin-USD pair experienced a decline of 2% in the last session. The Ultimate Oscillator is signaling a negative outlook. Amazon Shares Rise Amazon shares gained 1.7% in the last session. The Ultimate Oscillator is giving a positive signal. Aussie's Slight Gain The Aussie gained 0.2% against the dollar in the last trading session. The CCI is giving a negative signal. Gold's Rise The gold-dollar pair gained 0.8% in the last session. The Ultimate Oscillator is giving a positive signal. Recent Developments in Financial News Oil prices settled lower after US data stoked concerns that US interest rates may remain high. However, potential risks to supply from Middle East tensions and wildfires in Canada provided support to prices. The dollar eased following an unexpected increase in US producer prices in April, indicating stubbornly high inflation in the second quarter. Additionally, GME, an unofficial Solana mCoin parody of American gaming retailer GameStop, surpassed $100 million in market capitalization amid a trading frenzy of its namesake but unrelated entity. Upcoming Economic Events Here are today's major economic events: • US Consumer Price Index - 1230 GMT • US Retail Sales - 1230 GMT • Eurozone's Employment Change - 0900 GMT • Eurozone's Industrial Production - 0900 GMT • Japan's Gross Domestic Product - 2350 GMT • Japan's Gross Domestic Product (Annualized) - 2350 GMT
Publication date:
2024-05-15 04:36:19 (GMT)
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