Daily Global Market Update

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.

Moneta Markets | 51 hari yang lalu

Pound's Significant Rise Against the Dollar

The GBP/USD pair saw a notable increase, rising 0.6% in the last trading session. The Stochastic RSI indicates that the market is currently overbought.

Bitcoin's Explosive Growth

The BTC/USD pair experienced a significant surge, exploding 1.9% in the last session. The Stochastic RSI is signalling an overbought market.

Oil's Remarkable Surge

The Oil/USD pair saw an explosive growth of 2.4% in the last session. The Rate of Change (ROC) indicator is giving a positive signal.

Australian Dollar's Upward Movement

The AUD/USD pair saw a positive movement, rising 0.7% in the last session. The Relative Strength Index (RSI) is giving a positive signal.

Global Financial Headlines

Crypto exchange Coinbase has made significant strides in the wrapped Bitcoin market, accumulating nearly 2,000 tokens in circulating supplies just a week after joining the race on September 12th. This rapid growth potentially challenges the dominance of long-established players in the sector. The Bank of England has maintained interest rates at 5%, signalling caution about future cuts. The central bank also refrained from accelerating the reduction of its bond holdings, a move that avoids additional budget pressures for Finance Minister Rachel Reeves. Gold prices have surged over 1% following the U.S. Federal Reserve's decision to launch its monetary easing cycle with a half percentage point move. This boost has propelled bullion to an all-time high, just shy of the key $2,600 ceiling in the previous session.

Upcoming Economic Highlights

Key economic events to watch for today include:

• Japan's BOJ Interest Rate Decision - 03:00 GMT

• UK's Public Sector Net Borrowing - 06:00 GMT

• Germany's Producer Price Index - 06:00 GMT

• US Baker Hughes US Oil Rig Count - 17:00 GMT

• Japan's BOJ Monetary Policy Statement - 03:00 GMT

• Eurozone's Consumer Confidence - 14:00 GMT

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

Daily Global Market Update

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.

Moneta Markets | 2 hari yang lalu

Dollar Decline on Fed Rate Cut

The market's focus was on the Fed's interest rate decision, which saw the U.S. central bank reduce rates by 25 basis points, in line with market expectations.

PU Prime | 2 hari yang lalu

AUD Outlook: RBA Holds Firm on Rates Amid Economic Uncertainties

The Australian dollar (AUD) saw moderate gains, with the AUD/USD rate climbing above 0.6600 in recent overnight trading. This movement reflects cautious optimism as markets await the U.S. election outcome and closely monitor signals from the Reserve Bank of Australia (RBA) regarding future interest rate adjustments.

ACY Securities | 2 hari yang lalu

Dollar and Wall Street Bullish on Trump Victory

The dollar index remains strong, hovering above the 105.00 level, marking its highest point since July as the market responded to the U.S. election results.

PU Prime | 3 hari yang lalu

Dollar Spur by Trump’s Leading Position in Election

As vote counting for the U.S. election continues, Donald Trump is currently leading, which has spurred a “Trump trade” sentiment in financial markets.

PU Prime | 4 hari yang lalu

Dollar Calm ahead of the U.S. Election

Today’s U.S. presidential election is set to be a pivotal event, with polls indicating a tight race that could delay the final vote count and heighten market volatility. Analysts suggest that a Kamala Harris win could bring stability to the dollar, while a Trump re-election may boost its strength.

PU Prime | 5 hari yang lalu

Week Ahead Anticipate Volatility from U.S. Elections and FOMC Meeting

The markets are on edge with the impending U.S. presidential election and FOMC meeting. These events are major drivers of potential volatility, especially across FX markets and interest rate-sensitive sectors, as traders and investors await critical decisions and possible shifts in economic policy. Let’s break down the anticipated impacts of each factor.

ACY Securities | 5 hari yang lalu

Daily Global Market Update

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.

Moneta Markets | 6 hari yang lalu

EURUSD	1.07182	GBPUSD	1.292	AUDUSD	0.6582
USDJPY	152.626	USDCAD	1.31201	USDCHF	0.87555