Daily News | UK vs the Crypto derivatives | 05.07

Oil gains in relief.
Oil prices steady as U.S. crude stockpiles drop less than expected.
Oil prices were steady ahead of a U.S. holiday, after a steep fall the previous session amid worries about a slowing global economy.

UK vs the Crypto derivatives.
UK regulator plans to ban Crypto derivatives for retail investors.
UK market regulators are planning to ban derivatives on cryptocurrencies for retail investors, warning they are “akin to gambling”.

New record highs on Wall Street.
S&P 500 hits record high on rising rate cut hopes
The S&P 500 index hit a record high on Wednesday, led by defensive sectors, as bets on an interest rate cut rose on fears of a slowing global economy due to simmering trade tensions.

BTC/USD
Bitcoin has gained 8.1% in the last two sessions.
Bitcoin has gained an astounding 8.1% in the last two sessions. The Average True Range remains sky high.

AUD/USD
AUD/USD has gained 1.1% in the last two sessions.
The Aussie-Dollar pair has gained 1.1% in the last two sessions. The Stochastic-RSI settles in the overbought area.

EUR/USD
EUR/USD has lost 0.1% in the last session.
The Euro-Dollar pair has lost 0.1% in the last session. The ADX enters the negative area.

Crude Oil
Crude Oil has bounced upwards in the last session, gaining 1.8%.
The price of Crude Oil has bounced upwards in the last session, gaining 1.8%. The RSI is giving a positive signal.