Daily Global Market Update

Gold sees a slight gain, Euro-Dollar rises, Pound gains, Bitcoin overbought. European shares cautious, Binance's legal negotiations, OpenAI's CEO change. Upcoming economic releases include US data and UK borrowing figures.

Moneta Markets | 597 days ago

Gold's Slight Correction

Gold registered a minor increase of 0.1% against the dollar in the last session. The Ultimate Oscillator signals a positive outlook.

Euro-Dollar's Recent Developments

The Euro-Dollar pair saw an increase of 0.3% in the latest session. The RSI indicator points towards an overbought market.

Pound's Positive Movement

The Pound experienced a 0.4% gain against the dollar in the last session. The Ultimate Oscillator is providing a positive signal.

Bitcoin's Overbought Market

Bitcoin, in its pairing with the dollar, witnessed a 0.2% rise in the last session. The Williams indicator suggests an overbought market condition.

Global Financial Headlines

European shares show restraint after a robust week, with Bayer's slide impacting the healthcare sector. The US Justice Department is negotiating a resolution with Binance, potentially involving over $4 billion and legal implications for its founder. OpenAI welcomes EMT Shear as interim CEO, with Sam Ultman transitioning to a supportive role for Microsoft.

Upcoming Economic Highlights

Key economic releases to watch for today:

• US Chicago Fed National Activity Index - 1330 GMT

• US Redbook Index - 1355 GMT

• US Existing Home Sales - 1500 GMT

• Finland's Unemployment Rate - 0600 GMT

• UK Public Sector Net Borrowing - 0700 GMT

• Australia's RBA Meeting Minutes - 0030 GMT

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

Tags: Analysis

Gold, US 100, BTCUSD

This video explains the latest important movements in the market, including the sideways move in gold, the upside tendency in US 100 and the new record peak in BTCUSD.

XM Group | 4h 9min ago

Trump threatens 50% tariffs on Brazil but stocks shrug it off, dollar steady

Trump announces fresh round of tariffs on Brazil and smaller nations. But only mild risk aversion as Nvidia drives equities higher, hits $4 trillion cap. Fed minutes erase July cut bets as doves in the minority, dollar supported. Bitcoin hits record high, comes just shy of $112,000.

XM Group | 5h 38min ago

GBP/USD Hits Two-Week Low as Pressure Mounts

The GBP/USD pair dropped to 1.3602 on Thursday, marking a two-week low amid a strengthening US dollar and growing concerns over the UK’s public finances.

RoboForex | 6h 3min ago

GBPUSD sets the ground for a pivot

GBP/USD selling pressures ease shortly after pullback from 3-year high. Technical signals favor bullish rotation; break above 1.3620 is needed.

XM Group | 6h 53min ago

EBC Markets Briefing | Oil down after Trump targeted Brazil

Oil prices fell Thursday after Trump announced a 50% tariff on Brazil. OPEC+ agreed to speed up output hikes despite global economic uncertainty.

EBC Financial Group | 7h 41min ago

ATFX Market Outlook 10th July 2025

U.S. President Donald Trump announced new tariffs on seven countries, stating earlier this week that a 25% tariff would be imposed on Japan and other trade partners starting in August. Despite this, Wall Street closed higher on Wednesday, with the tech-heavy Nasdaq leading the gains.

ATFX | 8h 21min ago

Silver Shines as Safe-Haven Demand Returns Amid Dollar Weakness | 10th July, 2025

On July 10, silver extends gains toward $36.50 amid rising macro uncertainty and safe-haven demand. The US Dollar weakens, boosting AUD and NZD. USD/JPY trims early losses as BoJ hike hopes fade, while EUR/JPY retreats from highs on softening sentiment. Markets brace for US Jobless Claims to guide the next leg in global risk and Fed rate expectations.

Moneta Markets | 10h 7min ago

EBC Markets Briefing | Japanese stocks remain in the doldrums

As of June 27, foreign capital has flowed into Japan's stock market for 13 weeks, with investments continuing to rise despite market challenges.

EBC Financial Group | 1 day ago

EURUSD	1.1678	GBPUSD	1.35615	AUDUSD	0.65658
USDJPY	146.542	USDCAD	1.36857	USDCHF	0.79746