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.

Moneta Markets | 57 days ago

Bitcoin's Explosive Growth

The Bitcoin/USD pair surged by 2.3% in the last session. The Rate of Change (ROC) indicator is giving a positive signal, supporting a bullish outlook for Bitcoin.

NIO's Downtrend

NIO shares dropped by 0.8% in the last session. The ROC indicator is giving a negative signal, aligning with the bearish sentiment in the market.

Aussie Dollar's Minor Correction

The AUD/USD pair saw a minor upward correction, rising by 0.1% in the last session. The Commodity Channel Index (CCI) is giving a positive signal, indicating a potential continuation of the uptrend.

Gold's Modest Rise

Gold rose by 0.4% against the dollar in the last session. However, the CCI is giving a negative signal, suggesting caution in the current market trend.

Global Financial Headlines

Oil prices dipped following a US government agency's forecast of steady oil demand in 2025, though declines were capped by new sanctions on Russian oil exports to India and China. The dollar fell slightly against the euro while remaining near a two-year high as inflation readings offered limited clarity on future interest rate cuts. Meanwhile, USD Coin's market capitalisation surged by 78% year-over-year, outpacing other stablecoins globally.

Upcoming Economic Highlights

Key economic events to monitor include:

• UK's 10-Year Bond Auction - 1030 GMT

• UK's Producer Price Index - 0700 GMT

• French Consumer Price Index - 0745 GMT

• Japan's Producer Price Index - 2350 GMT

• Finland's GDP - 0600 GMT

• US MBA Mortgage Applications - 1200 GMT

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

Tags: Analysis AUDUSD

Global markets on March 13, 2025, shaped by a subdued US Dollar and escalating concerns over a potential trade war

Global markets on March 13, 2025, are shaped by a subdued US Dollar and escalating concerns over a potential trade war, driven by new tariffs under the Trump administration. Investors are adopting a cautious stance, with safe-haven assets gaining traction and attention turning to the upcoming US Producer Price Index (PPI) inflation data, which could steer market direction later today.

Moneta Markets | 19h 26min ago

Global markets on March 13, 2025, shaped by a subdued US Dollar and escalating concerns over a potential trade war

Moneta Markets | 19h 27min ago

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.

Moneta Markets | 8 days ago

Daily Global Market Update – 28th Feb 2025

Risk aversion grips markets as the Nasdaq plunges to 20,576, weighed down by Nvidia’s selloff and Apple’s ESG lawsuit. AUD/USD eyes 0.6200, while USD/JPY hovers near 149.50 ahead of key U.S. PCE data. Gold breaks $2,890 support, vulnerable to further losses. With uncertainty high, traders brace for volatility into the weekend. Stay tuned for updates!

Moneta Markets | 13 days ago