Daily Global Market Update

Bitcoin down 1.6%, Nike up 0.4%, Aussie Dollar stable, Gold rose 0.8%. Global: Gold tops $2,000 on Fed caution, Binance settles $4.3B fine. Upcoming: US Durable Goods, Jobless Claims, European Consumer Confidence.

Bitcoin's Recent Decline

The Bitcoin/USD pair experienced a significant drop of 1.6% in the last session. The Stochastic indicator is currently signaling a negative trend.

 

 

Nike's Positive Performance

Nike shares saw a gain of 0.4% in the last trading session. The Williams' indicator is currently showing a negative signal.

 

 

Aussie Dollar Stability

The Australian Dollar showed little change in its last session. However, the Stochastic indicator is giving a positive signal.

 

 

Gold's Upswing

Gold/Dollar pair rose by 0.8% in the last trading session, signaling an overbought market as indicated by the Williams' indicator.

 

 

Global Financial Headlines

Gold surpassed the $2,000 mark, driven by speculations that the Federal Reserve may have hit the peak of interest rate hikes. The minutes from the US Central Bank's latest meeting suggest a cautious approach to future rate increases. Meanwhile, the Dollar Index looks set to recover following these developments. In cryptocurrency news, Binance, the largest crypto exchange, faced criminal charges for violating sanctions and money transmitting laws. The company agreed to a $4.3 billion settlement, marking one of the largest fines imposed on a corporate entity by the US.

 

Upcoming Economic Highlights

Here's a brief rundown of today’s key economic releases:

• US Durable Goods Orders - 1330 GMT

• US Initial Jobless Claims - 1330 GMT

• US Non-Defense Capital Goods Orders - 1330 GMT

• Dutch Consumer Confidence - 0530 GMT

• Eurozone's Consumer Confidence - 0500 GMT

• Belgian Consumer Confidence Index - 1000 GMT

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ATFX Market Outlook 25th April 2025

ATFX Market Outlook 25th April 2025

U.S. initial jobless claims rose only slightly last week, suggesting that the labour market remains resilient despite the uncertainty caused by chaotic trade policies. Federal Reserve officials stated in interviews that they see no need to adjust monetary policy and are seeking more information on how President Trump’s trade tariffs might affect the broader economy.
ATFX | 38分前