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Daily Global Market Update

Gold's Positive Movement

The Gold/Dollar pair gained 0.3% in the last session. The Commodity Channel Index (CCI) is giving a positive signal.



Euro's Decline Against the Dollar

The EUR/USD pair dropped 0.4% in the last session. The Williams Percent Range indicator suggests an oversold market.



Pound's Downward Movement

The GBP/USD pair dropped 0.4% in the last session. The Ultimate Oscillator is giving a negative signal.



Bitcoin's Significant Rise

The Bitcoin/Dollar pair skyrocketed 4.8% in the last session. The Stochastic indicator is giving a positive signal.



Global Financial Headlines

Wall Street's three major indexes gained more than 1% as investors sought bargains after the previous week's selloff. They are also awaiting inflation reports and the Federal Reserve's next policy decision. Cryptocurrency exchange GVT has secured a contractual agreement of $3.3 billion in monthly trading volume from popular market makers ahead of its anticipated main net launch. Boeing shares rose 3.7% after the plane maker and its biggest union reached a tentative deal covering more than 32,000 workers, marking the first major negotiation by new CEO Kelly Ortberg.


Upcoming Economic Highlights

Key economic events to look out for include:

  • US NFIB Business Optimism Index - 10:00 GMT
  • Dutch Consumer Price Index - 04:30 GMT
  • US Red Book Index - 12:55 GMT
  • UK Employment Change - 06:00 GMT
  • UK Claimant Count Change - 06:00 GMT
  • Germany's Harmonised Index of Consumer Prices - 06:00 GMT