Daily Global Market Update October 15th, 2024

Gold's Upward Correction The Gold/USD pair made a minor upward correction in the last session, gaining 0.11%. The Stochastic RSI is giving a positive signal. Euro's Slight Dip The EUR/USD pair dipped 0.1% against the dollar in the last session. The Stochastic indicator indicates an oversold market. Pound's Sideways Movement The GBP/USD pair traded sideways in the last session. The MACD is giving a negative signal. Bitcoin's Significant Rise The Bitcoin/USD pair skyrocketed 4.7% in the last session. The Ultimate Oscillator is giving a positive signal. Global Financial Headlines US stocks were led higher by technology shares, while crude prices dipped amid light Columbus Day trading. Bitcoin led weekly inflows with $419 million. Nvidia's stock climbed 2.8%, nearing record highs. Upcoming Economic Highlights Key economic events to look out for include: • UK's Employment Change - 6 GMT • US Red Book Index - 1255 GMT • UK's Claimant Count Change - 6 GMT • Germany's ZEW Survey Current Situation - 9 GMT • Japan's Capacity Utilization - 430 GMT • Eurozone's Industrial Production - 9 GMT
Publication date:
2024-10-15 07:15:08 (GMT)
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