Daily Global Market Update

Oil-Dollar pair fluctuated, Aussie Dollar stable, Euro-Dollar steady with downward momentum, Dollar-Yen unchanged; global focus on UK inflation, BYD-Sigma Lithium talks, and Chinese economic data; key events include Eurozone Industrial Production, Trade Balance, Finland CPI, Japan's Machine Tool Orders, Producer Price Index, and UK's Rightmove House Price Index.

Moneta Markets | 539 days ago

Oil's Market Fluctuations

The Oil-Dollar pair witnessed a decline of 0.8% in the last session, despite an intraday high gain of 2.4%. The MACD indicator is currently signaling a positive trend.

Australian Dollar's Stability

The Aussie Dollar price remained largely unchanged in the latest session. The Stochastic RSI suggests we are currently in an oversold market.

Euro's Unchanged Position

The Euro-Dollar price remained stable in the last session. The ROC (Rate of Change) indicator is giving a negative signal, suggesting potential downward momentum.

Japanese Yen's Steady Course

The Dollar-Yen price remained largely unchanged in the recent session. The RSI (Relative Strength Index) is providing a positive signal, indicating potential bullish momentum.

Global Financial Headlines

Inflationary pressures in the UK are expected to diminish, though not as rapidly as investors hope, influencing bets on a swift series of interest rate cuts. In other news, BYD, a Chinese electric car maker, has initiated discussions with Brazil's Sigma Lithium for a potential supply agreement, joint venture, or acquisition. Meanwhile, the Chinese economy remains a focal point, with upcoming Q4 GDP figures and other key economic data poised to draw investor attention.

Today's Major Economic Events

Here's a snapshot of today's key economic releases:

• Eurozone's Industrial Production - 1000 hours GMT

• Eurozone's Trade Balance - 1000 hours GMT

• Finland's Consumer Price Index - 0600 hours GMT

• Japan's Machine Tool Orders - 0600 hours GMT

• Japan's Producer Price Index - 2350 GMT

• UK's Rightmove House Price Index - 0001 hours GMT

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Tags: Analysis

Markets await trade deals as Trump makes new tariff threats

Dollar edges higher, gold slips despite confusion and renewed trade tensions. Trump delays tariff deadline to August 1, says trade deals are close. Wall Street hits record after Congress passes Big Beautiful Bill. Oil recovers from lows after OPEC+ hikes output more than expected.

XM Group | 1h 3min ago

Yen Weakens as Japanese Data Sends Mixed Signals

The USD/JPY pair edged higher on Monday, reaching 144.81, as the yen relinquished its earlier gains. The currency faced downward pressure following the release of disappointing wage figures, which dampened expectations for further monetary policy tightening by the Bank of Japan.

RoboForex | 1h 41min ago

EBC Markets Briefing | Trump pits European stocks against Wall St

European shares fell Friday due to declines in banks and mining stocks, as attention shifts to the July deadline for a trade deal with the White House.

EBC Financial Group | 3h 6min ago

Gold Struggles for Direction as Risk Mood Sours | 7th July, 2025

On July 7, gold slips below $3,350 as the USD strengthens and traders take profit amid tariff-related jitters. Silver lingers under $37. EUR/USD and NZD/USD retreat on weak sentiment, while USD/CAD rises above 1.3900 as oil weakens. Markets brace for key data including US CPI and Eurozone retail sales, with Fed speeches also in focus.

Moneta Markets | 5h 37min ago

ATFX Economic Calendar- 2025.07.07~2025.07.11

The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.

ATFX | 6h 52min ago

ATFX Market Outlook 7th July 2025

U.S. dollar weakened against major currencies after President Trump’s landmark tax cut bill was passed, amid mounting pressure on countries to strike trade deals with Washington. As markets brace for the July 9 tariff deadline—targeting countries like Japan that have yet to reach agreements—the dollar index slipped 0.1% to 96.92.

ATFX | 8h 15min ago

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 | 2 days 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 | 3 days ago

EURUSD	1.17279	GBPUSD	1.36028	AUDUSD	0.64977
USDJPY	145.42	USDCAD	1.36631	USDCHF	0.79708