Daily Global Market Update

Pound up 0.2%, Bitcoin down 0.9%, Oil rises 0.1%, Aussie dollar gains 0.7%. Dogecoin surges 15%, European shares fall, China's oil imports drop 99.2%. Key data: US Payrolls, UK GBP positions, Germany Price Index, Eurozone EFIN, Japan Survey, UK Inflation.

Moneta Markets | 574 days ago

Pound's Modest Increase

The pound sterling showed resilience in the last trading session, marking a slight increase of 0.2% against the dollar. The Stochastic RSI indicates that we are currently in an oversold market.

Bitcoin's Downward Movement

Bitcoin experienced a decline of 0.9% against the dollar in the last session. The Commodity Channel Index (CCI) suggests we are in an overbought market territory.

Oil's Slight Uptick

Oil, measured against the dollar, saw a modest rise of 0.1% in the last trading session. The RSI indicator points to an oversold market condition.

Aussie Dollar's Gain

The Australian dollar climbed by 0.7% in the latest session. The Ultimate Oscillator is currently giving a negative signal.

Global Financial Headlines

Bitcoin's recent surge has rekindled interest in riskier cryptocurrencies, with Dogecoin, originally created as a joke, surging over 15% this week. In Europe, shares are down, particularly in travel and leisure, amid concerns of an economic downturn, influenced by recent weak data from Germany and awaited Eurozone GDP figures. China's crude oil imports fell by 99.2% year-on-year in November, the first annual decrease since April, driven by high inventory levels and slowing demand.

Upcoming Economic Highlights

Today’s key economic releases include:

• US Non-Farm Payrolls - 1330 GMT

• UK's CFTC GBP NC Net Positions - 2030 GMT

• Germany's Harmonized Index of Consumer Prices - 0700 hours GMT

• Eurozone's EFIN Meeting - 0700 hours GMT

• Japan's Eco Watchers Survey Current - 0500 hours GMT

• UK's Consumer Inflation Expectations - 0930 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 | 17h 47min 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 | 21h 28min 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 | 21h 48min 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 | 1 day 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 | 1 day 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	1.17788	GBPUSD	1.36532	AUDUSD	0.65507
USDJPY	144.479	USDCAD	1.36033	USDCHF	0.79342