Daily Global Market Update

Pound-dollar dropped 1.1% with negative sentiment, Bitcoin down 0.4% in oversold market, oil-dollar rose 0.4% with negative MACD, and aussie-dollar plummeted 1.6%. Global news: Bitcoin under $27,000, UK economy up 0.2%, White House preps Russian oil sanctions. Upcoming: US Consumer Sentiment, Budget, Eurozone Production, Finland GDP, Japan & UK CFTC Positions.

Moneta Markets | 629 days ago

Pound Dollar's Deep Dive

The pound-dollar pair experienced a notable drop of 1.1% during the last trading session. According to the Rate of Change (ROC), there is a negative sentiment towards the pair's performance.

Bitcoin's Consecutive Decline

Bitcoin faced a decline of 0.4% against the dollar in its recent session. The Williams indicator suggests the market is in an oversold condition.

Oil's Positive Momentum

The oil-dollar pair marked an elevation of 0.4% in the last trading session. However, the MACD suggests a negative signal.

Aussie's Drastic Fall

The aussie-dollar pair saw a sharp fall of 1.6% in its previous trading session. As indicated by the Williams Indicator, the market is currently oversold.

Global Financial Headlines

Bitcoin has continued its downward streak for five days, now trading below $27,000. The currency is down 2%, with the latest trading session seeing it hover around $26,600. Additionally, the UK economy has seen a slight rebound in August, with a 0.2% growth mainly attributed to the services sector's recovery. On the geopolitical front, in response to Russia's alleged premium pricing on oil relative to the G7 standard, the White House is preparing sanctions targeting Russian oil exports.

Upcoming Economic Highlights

Here are the key economic releases expected today:

• US Michigan Consumer Sentiment Index - 1400 hours GMT

• US Monthly Budget Statement - 1800 hours GMT

• Eurozone's Industrial Production - 0900 hours GMT

• Finland's Gross Domestic Product - 0500 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• UK's CFTC GBP DNC Net Positions - 2030 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 | 39 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 21min 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 52min 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 31min 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 54min 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	1.1782	GBPUSD	1.36788	AUDUSD	0.65729
USDJPY	144.239	USDCAD	1.35686	USDCHF	0.79262