Daily Global Market Update

Bitcoin and Apple rise, Aussie Dollar gains, Gold climbs (overbought). Gold hits 6-month high on USD weakness. Chang Pang resigns amid $4.3B settlement. Upcoming: Australia's Construction, US GDP, Japan's Retail Sales, France's Payrolls.

Moneta Markets | 583 days ago

Bitcoin's Significant Surge

Bitcoin, paired with the USD, experienced a substantial rise, escalating 1.8% in the last session. The MACD currently suggests a negative outlook, despite the recent gains.

Apple's Stock Sees Upward Correction

Apple's stock showed a minor improvement, with a 0.3% rise in the last session. The stochastic indicator, however, is projecting a negative signal for future movements.

Aussie Dollar Gains

The Australian Dollar experienced a gain of 0.5% in the last session. This positive movement is supported by a positive signal from the Ultimate Oscillator.

Gold Continues to Climb

Gold's performance remains strong, with a 1.2% increase in the last session. The RSI indicator is signaling an overbought market, suggesting potential caution for investors.

Today's Financial NewsGold continues its upward trajectory, achieving a more than 6-month high, driven by a weakening dollar and expectations that the US Federal Reserve may halt interest rate hikes. Meanwhile, the US dollar hits a 3-month low, signalling potential economic slowdown. In cryptocurrency news, Chang Pang, former CEO of Finance Exchange, steps down from his US-based board position amidst a significant $4.3 billion settlement.

Upcoming Economic Events

Here are key economic events to watch out for:

• Australia's Construction Work Done - 0030 hours GMT

• US Gross Domestic Product Annualized - 1330 hours GMT

• Japan's Large Retailer Sales - 2350 hours GMT

• US Gross Domestic Product Price Index - 1330 hours GMT

• Japan's Retail Trade - 2350 hours GMT

• France's Non-Farm Payrolls - 0630 hours GMT

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

Tags: Analysis

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 | 53 minutes 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 | 1h 13min 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 | 3h 45min 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 | 6h 27min 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 | 23h 58min 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

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

EURUSD	1.17788	GBPUSD	1.36564	AUDUSD	0.65585
USDJPY	144.345	USDCAD	1.35892	USDCHF	0.79332