Daily Global Market Update

Gold-dollar pair up 0.2% with positive oscillator. Euro edged 0.1% vs. dollar, supported by oscillator. Pound-dollar steady; oversold per Stochastic RSI. Bitcoin fell 0.4%, but positive Stochastic RSI. US data eases recession fears; inflation worries persist. Bitcoin's hashrate up 54% in 2023, BYD acquires Chapel for $2.2B.

Moneta Markets | 674 days ago

Gold Dollar Pair's Slight Rise

The gold-dollar pair noted a marginal ascent of 0.2% in its latest trading session. The Ultimate Oscillator underlines this positive trend, harmonising with the broader technical analysis.

Euro's Modest Uplift Against Dollar

The Euro registered a slight increase of 0.1% against the dollar in the preceding trading session. The Ultimate Oscillator is portraying a positive scenario.

Pound Dollar Pair's Neutral Stand

The pound-dollar pairing witnessed a steady phase in the recent session. The Stochastic RSI indicates an oversold market condition.

Bitcoin's Decline

The Bitcoin-dollar tandem saw a 0.4% dip in the previous trading bout. However, the Stochastic RSI emanates a positive vibe.

Financial Headlines

Consistent U.S. economic data releases have alleviated recession apprehensions. However, lingering concerns regarding inflation surpassing the Federal Reserve's targets have led investors to speculate prolonged high interest rates. Furthermore, Bitcoin's hashrate achieved new zeniths, reflecting a 54% surge since the dawn of 2023 and an 80% growth in the past year. Chinese car manufacturer BYD has announced its acquisition of Chapel's mobile electronics manufacturing business in China for a substantial $2.2 billion.

Anticipated Economic Events

Here's an insight into significant economic unveilings lined up:

• U.S. Consumer Confidence - 1400 hours GMT

• U.S. JOLTS Job Openings - 1400 hours GMT

• U.S. Red Book Index - 1255 GMT

• Germany's GfK Consumer Confidence Survey - 0600 hours GMT

• Spain's Retail Sales - 0700 hours GMT

• France's Consumer Confidence - 0645 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)

Tags: Analysis

Dollar Mixed as Tariff Tensions Rise and Jobs Data Buoys Fed Outlook | 4th July, 2025

On July 4, strong U.S. jobs data boosts the dollar, but Trump’s tariff warning sparks trade uncertainty. USD/CAD dips near 1.3600 as oil rebounds; AUD/USD slips below 0.6650. NZD/USD holds near 0.6050, GBP/USD steadies at 1.3650, and USD/CNY stays firm as PBOC signals caution. Markets eye ISM data and tariff updates for next moves.

Moneta Markets | 44 minutes ago

ATFX Market Outlook 4th July 2025

The U.S. economy added 147,000 jobs in June, beating expectations of 110,000, while the unemployment rate fell to 4.1%. Traders are now betting that the Fed is unlikely to cut rates before September. Meanwhile, the House narrowly passed Trump's major fiscal bill by a vote of 218 to 214. U.S. stocks rallied on Thursday, hitting fresh record highs.

ATFX | 3h 26min ago

Nonfarm payrolls take center stage

Slide in US private payrolls raise concerns about NFP miss - US strikes trade deal with Vietnam ahead of July 9 deadline - Pound feels the heat of fiscal shenanigans - S&P 500 hits fresh record high ahead of jobs report

XM Group | 20h 56min ago

Gold declines as trade optimism reduces safe-haven demand, while a weak dollar limits losses

On Thursday, the price of gold fell to 3,340 USD per troy ounce, partially correcting the previous day’s gains. The decline reflects growing optimism over trade agreements, which reduced demand for gold as a safe-haven asset.

RoboForex | 22h 36min ago

Rate Shifts Steer FX Markets as Silver Holds Strong

On July 3, silver stays firm above $35.40 as Fed cut bets persist. EUR/USD holds near 1.1800, while GBP/USD lingers near 1.3585 ahead of UK jobs data. JPY strengthens after BoJ signals a hawkish pause. AUD/USD slips on weak trade surplus. Focus turns to US NFP and ISM data for market direction before the US holiday break.

Moneta Markets | 23h 59min ago

ESG or Instability? What EBC Sees in the Raja Ampat Shutdown

EBC analyses how Indonesia’s Raja Ampat nickel shutdowns signal deeper ESG tensions and policy risks in global commodity and currency markets.

EBC Financial Group | 1 day ago

ATFX Market Outlook 3rd July 2025

Wednesday’s ADP report showed a surprise decline of 33,000 private-sector jobs in June, marking the first contraction since March 2023 as economic uncertainty weighed on hiring. U.S. equities surged, with the S&P 500 and Nasdaq closing at record highs, driven by gains in tech stocks and relief following the U.S.–Vietnam trade agreement, which eased concerns over prolonged trade tensions

ATFX | 1 day ago

Powell keeps the door to a July cut open

Dollar slides as Powell sounds more dovish than expected - Trump’s bill passes through Senate, pending final vote in House - JOLTS job openings and ISM mfg. PMI reveal some improvement - Wall Street pauses uptrend, gold rebounds

XM Group | 1 day ago

EURUSD	1.17823	GBPUSD	1.36757	AUDUSD	0.65736
USDJPY	144.303	USDCAD	1.35675	USDCHF	0.79272