Daily Global Market Update

Pound up 0.2%; Bitcoin drops 3.5%; Oil gains 1.4%; Aussie rises 0.3%. Cryptocurrency crime: $24.2B in 2023. Global markets up. Upcoming economic events.

Moneta Markets | 535 days ago

Pound's Slight Uplift

The Pound-Dollar pair witnessed a modest increase of 0.2% in the previous session. The Williams Percent Range indicator is currently indicating a bullish trend.

Bitcoin's Decline

Bitcoin experienced a significant drop of 3.5% against the dollar in the last session. The MACD indicator is presenting a bearish signal.

Oil's Surge

The Oil-Dollar pair saw an impressive gain of 1.4% in the recent session. The Williams Percent Range indicator is showing a bullish signal.

Aussie's Modest Gains

The Australian Dollar recorded a 0.3% rise against the US Dollar in the last session. The Moving Average Convergence Divergence (MACD) is signaling a bearish trend.

Global Financial News

In 2023, an estimated $24.2 billion in cryptocurrencies was transferred to illicit wallets, including those sanctioned or linked to terrorist financing and scams, according to Chainalysis. European markets saw a rise, with the Stoxx 600 index climbing 0.57%, as investors focused on the World Economic Forum in Davos, Switzerland. Oil prices increased amidst OPEC's forecast of strong global demand and geopolitical tensions affecting US oil production.

Upcoming Economic Events

Here's a summary of key economic releases:

• US Existing Home Sales - 1500 hours GMT

• UK Retail Sales - 0700 hours GMT

• Japan's Tertiary Industry Index - 0430 GMT

• US Michigan Consumer Sentiment Index - 1500 hours GMT

• Germany's Producer Price Index - 0700 hours GMT

• UK's CFTC GBP NC Net Positions - 2030 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 | 6h 18min 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 | 6h 55min 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 | 8h 20min 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 | 10h 51min 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 | 12h 6min 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 | 13h 29min 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 | 3 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	1.17271	GBPUSD	1.36191	AUDUSD	0.65045
USDJPY	145.825	USDCAD	1.36591	USDCHF	0.79703