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Moneta Markets

Daily Global Market Update

Pound's Sideways Movement

The GBP/USD pair traded sideways during the last session. The Stochastic RSI indicator is signalling a positive trend.



Bitcoin's Decline

Bitcoin paired with the dollar declined by 1.2% in the last session after experiencing a 3.1% intra-session dip. The Rate of Change (ROC) indicator is showing a negative signal.



Oil's Plunge

The US Crude Oil pair dropped by 1.9% in the last session. The Stochastic indicator is signalling a positive trend.



Aussie's Minor Dip

The AUD/USD pair dipped slightly by 0.2% in the last session. The Commodity Channel Index (CCI) is giving a positive signal.



Global Financial News

Coinbase has reintroduced Bitcoin-backed loans in the United States, allowing users to borrow against their digital assets. This service enables account holders, excluding New York residents, to borrow up to $100,000 in USD Coin using Bitcoin as collateral.


US retail sales showed a robust increase in December, reflecting strong consumer demand. Meanwhile, gold prices rose to a one-month high due to reduced treasury yields, aligning with expectations of a more dovish Federal Reserve policy.


Upcoming Economic Highlights

  • Japan's CFTC JPY NC Net Positions - 2030 GMT
  • Eurozone's Current Account - 9 GMT
  • Japan's Foreign Investment in Japan Stocks - 2350 GMT
  • Austrian HICP - 8 GMT
  • UK's Retail Sales - 7 GMT
  • UK's CFTC GBP NC Net Positions - 2030 GMT
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