Daily Global Market Update

Oil up 0.2%, Aussie dollar steady, Euro Dollar sideways, Dollar Yen flat but positive. Global: Georgieva optimistic, Bezos sells $2B in Amazon shares. US becoming major oil exporter. Events: US Monthly Budget, Japan's PPI, CFTC positions (GBP, JPY), Finland's Current Account, and US 3-Month Bill Auction.

Moneta Markets | 512 days ago

Oil's Slight Gain

Oil experienced a marginal increase of 0.2% against the dollar in the last session. The Stochastic RSI suggests a bullish outlook for the commodity.

Aussie Dollar's Steady Performance

The Australian dollar traded sideways in the last session, with the Stochastic RSI indicating a divergence from our overall technical analysis.

Euro Dollar's Sideways Movement

The Euro Dollar pair traded sideways in the last session, with the CCI giving a positive signal, suggesting potential upward momentum.

Dollar Yen's Positive Outlook

The Dollar Yen pair traded sideways in the last session, with the MACD indicator providing a positive signal in line with our overall technical analysis.

Global Economic Insights

IMF's Managing Director, Kristalina Georgieva, remains optimistic about the global economy's resilience amid geopolitical uncertainties. Jeff Bezos has initiated a significant share sell-off plan from Amazon, liquidating around $2 billion worth. The US trade deficit's dynamics are shifting, highlighting the country's growing stature as a major oil exporter.

Today's Economic Events

Important economic releases to watch include the US Monthly Budget Statement, Japan's Producer Price Index, and the UK's and Japan's CFTC net positions, among others.

• US Monthly Budget Statement - 1900 hours GMT

• Japan's Producer Price Index - 2350 GMT

• Japan's CFTC JPY NC Net Positions - 2030 GMT

• Finland's Current Account - 0600 hours GMT

• US 3-Month Bill Auction - 1630 GMT

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

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

Tags: Analysis

The crypto market continues to rise, stumbling along the way

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The crypto market continues to rise, stumbling along the way

FxPro | 1h 37min ago

US tariff letters boost dollar, dent risk appetite

Trump letters and August 1 deadline in focus; Dollar strengthens as both China and the EU avoid tariff letters; Equities are wobbly, while gold confirms lingering demand; Aussie gains as RBA surprises by keeping rates unchanged

XM Group | 4h 11min ago

EURJPY shines at fresh one-year high

EUR/JPY confirms bullish continuation to one-year high. Upward move looks overdone, pullback likely. Sellers may be waiting below 170.15.

XM Group | 4h 17min ago

EUR/USD Declines as Markets Await US Tariff Developments

The EUR/USD pair dropped to 1.1746 on Tuesday, with the US dollar holding a slight edge before correcting. The greenback faced pressure after Donald Trump announced new tariffs on 14 countries that have yet to secure trade agreements with the US.

RoboForex | 4h 47min ago

EBC Markets Briefing | Sterling looks like a safe haven now

Sterling reached its highest since October 2021 after Trump announced new tariffs on Japan, South Korea, and others, effective August 1.

EBC Financial Group | 5h 2min ago

Central Bank Outlook and Trade Shift Sentiment | 8th July, 2025

On July 8, gold slips below $3,350 as risk appetite improves. Silver holds steady near $36.90, while AUD/USD rises to 0.6855 ahead of the RBA decision. USD/JPY surges above 161.00 as BoJ tightening bets fade. PBOC sets USD/CNY at 7.1534, signaling stability. Focus now shifts to US CPI, central bank guidance, and trade progress for market direction.

Moneta Markets | 7h 21min ago

ATFX Market Outlook 8th July 2025

U.S. President Trump signed an order delaying “reciprocal” tariffs from July 9 to August 1 and warned of steep hikes from that date, escalating trade tensions. U.S. stocks closed sharply lower, with the Dow down 0.94%, the S&P 500 falling 0.79%, and the Nasdaq dropping 0.92%. Tesla also tumbled after Elon Musk announced plans to launch a new political party.

ATFX | 9h 53min ago

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 | 1 day ago

EURUSD	1.17213	GBPUSD	1.35791	AUDUSD	0.65428
USDJPY	146.634	USDCAD	1.36556	USDCHF	0.79801