Daily Global Market Update

Bitcoin fell 0.4% against the dollar, Facebook's stock rose 0.2% with a bearish outlook, the Aussie dropped 0.3% with a bearish signal, and the gold-dollar pairing slumped 0.8% with a bearish view. Energy stocks rose due to Russia's export hint. The Bank of England is expected to keep a 5.25% bank rate until at least July. Exchange Finance is reopening to Belgian users after a ban.

Moneta Markets | 646 days ago

Bitcoin's Downtrend Continues

Bitcoin noted a descent of 0.4% against the dollar in the preceding trading session. The Stochastic RSI suggests the market is in an oversold territory.

Facebook's Minor Recovery

Facebook's stock observed a modest rise of 0.2% in its last trading session. However, the RSI is highlighting a bearish outlook.

Aussie's Decline

The Aussie marked a 0.3% drop against the dollar in its recent trading session. The Stochastic signals a bearish market.

Gold-Dollar Tandem's Dip

The gold-dollar pairing witnessed a slump of 0.8% in its last trading encounter. The MACD presents a bearish perspective.

Global Financial News

Energy stocks primarily surged after Russia hinted at easing its fuel export ban. The Bank of England is expected to retain the bank rate of 5.25% until at least July, as per economists' predictions. Meanwhile, Exchange Finance is set to welcome back its Belgian users, three months post the cessation notice by Belgium's finance authority.

Economic Highlights for the Day

Anticipated economic disclosures for the day include:

• U.S Durable Goods Orders - 1230 GMT

• U.S Non-Defense Capital Goods Orders - 1230 GMT

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

• Finland's Consumer Confidence - 0500 hours GMT

• Japan's Coincident Index - 0500 hours GMT

• Japan's Leading Economic Index - 0500 hours GMT

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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 41min 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 15min 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	1.17752	GBPUSD	1.36496	AUDUSD	0.65514
USDJPY	144.492	USDCAD	1.36057	USDCHF	0.79361