Daily News | The most bullish event in Bitcoin’s history | 03.09

Gold waits for a Fed rate cut.
Gold price outlook hinges on Fed rhetoric, U.S. NFP report.
Fresh developments coming out of the U.S. will influence the price of gold amid overwhelming expectations for a Fed rate cut in September.

The most bullish event in Bitcoin’s history.
Bakkt will start custodying Bitcoin, after receiving approval from CFTC.
Bakkt will start custodying Bitcoin, in what analysts call “the most bullish event for institutional investors in the history of Bitcoin”.

Volkswagen lays down its Brazilian foundations.
Volkswagen to invest $577 million in Brazil auto plant.
Volkswagen will invest $577 million in one of its Brazil factories, Sao Paulo state governor Joao Doria said on Thursday during a visit to the automaker’s headquarters in Germany.

EUR/USD
EUR/USD has fallen 0.6% in the last session.
The Euro-Dollar pair hit an 18 month low after falling 0.6%, below the 1.1 mark. The Stochastic-RSI currently dwells in the neutral zone.

Alibaba
Alibaba has gained 1.5% in the last session.
Alibaba’s stock has gained 5.2% in three sessions, up 1.5% in the last session. The ATR enters the high volatility area.

USD/JPY
USD/JPY has lost 0.3% in the last session.
The Dollar-Yen pair has lost 0.3% in the last session. The Stochastic-RSI is currently negative.

AUD/USD
AUD/USD has edged up 0.2% in the last session.
The Aussie-Dollar pair has edged up 0.2% in the last session. The RSI currently dwells in the positive zone.