Daily Global Market Update

Oil-dollar pair surged 2.9% (MACD bullish). Gold-dollar stable (ROC bullish). Euro-dollar unchanged (CCI oversold). Dollar-yen steady (MACD bearish). Key highlights: UK inflation drop, SoftBank's ARM investors, China's uncertain economy.

Moneta Markets | 669 days ago

Oil Dollar Pair's Astonishing Leap

The oil dollar pair surged by an impressive 2.9% in the preceding session. An analysis using the MACD suggests a bullish market momentum.

Gold's Neutral Stance

Gold's pairing with the dollar remained fairly constant in the last trading session. An assessment with the ROC shows a bullish signal, aligning with the prevailing technical overview.

Euro's Steady Ground Against Dollar

The euro-dollar pair remained relatively unchanged in the previous session. The CCI indicates an oversold market situation.

Dollar Yen's Stable Path

The dollar-yen pairing held its ground in the past session. However, the MACD provides a bearish indicator.

Key Financial Highlights

The UK's Finance Minister, Jeremy Hunt, anticipates a significant reduction in inflation rates by the end of 2023. SoftBank reveals key investors such as Apple, Nvidia, Intel, and Samsung Electronics for ARM's upcoming IPO. Notably, China's trade data for August indicates potential contraction in exports and imports, albeit at a slower rate than in July. The nation's economic forecast remains unpredictable given the dwindling global demand for Chinese products and a recent dip in the property sector.

Economic Releases to Watch

Scheduled economic announcements include:

• Germany's Exports - 0600 hours GMT

• Germany's Imports - 0600 hours GMT

• Germany's Trade Balance - 0600 hours GMT

• Spain's Unemployment Change - 0700 hours GMT

• UK's BRC Like-for-Like Retail Sales - 2301 hours GMT

• Korea's GDP Growth - 2300 hours GMT

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

Tags: Analysis

Why Silver could be the precious metal of 2025

The gold bar is metallic yellow and slightly behind the silver bar, which is metallic white and positioned in front. Gold may still be the headline act, but silver’s no longer content playing second fiddle. In 2025, silver isn’t just glittering - it’s surging forward as one of the most exciting metals on the market.

Deriv | 6h 0min ago

Risk-on sentiment fades as tariffs return to the spotlight

Dollar surrenders gains posted after robust labour market report; Trump celebrates US budget bill approval; scheduled to sign it today; Most Fed members feel more comfortable as July rate cut is priced out; Oil steadies near $66, gold rally retains momentum;

XM Group | 9h 42min ago

USDCAD shrugs off upbeat US jobs data

USDCAD fails to rebound despite stronger US nonfarm payrolls. Bearish trend likely to continue; next support near 1.3455.

XM Group | 10h 1min ago

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 | 12h 34min 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 | 15h 16min 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 | 1 day 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 | 1 day 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 | 1 day ago

EURUSD	1.17755	GBPUSD	1.36492	AUDUSD	0.65512
USDJPY	144.484	USDCAD	1.36063	USDCHF	0.79364