Daily Global Market Update

Bitcoin down 0.8%, overbought signal. Google stock up 0.4%, Stochastic RSI hints negativity. AUD/USD down 1.1%, MACD signals bearish. Gold dips 1.2%, bearish RSI on inflation anticipation. Global: Gold up, Japanese shares peak, Ripple acquires Standard Custody. Upcoming: Japan GDP, US oil stocks, US mortgage apps, Eurozone production, UK CPI releases.

Bitcoin's Recent Slide

Bitcoin experienced a decrease of 0.8% against the dollar in the last session. The RSI indicates that we are currently in an overbought market.

 

 

Google's Stock Uptick

Google's stock rose by 0.4% in the last session. The Stochastic RSI is signalling a negative outlook.

 

 

AUD/USD Pair's Decline

The AUD/USD pair fell by 1.1% in the last session. The MACD is giving a negative signal, aligning with our overall technical analysis.

 

 

Gold's Dip Amid Inflation Anticipation

The gold-dollar pair experienced a 1.2% decline in the last session. The RSI's negative signal is consistent with the overall technical analysis.

 

 

Global Financial Headlines

Gold prices edged up ahead of a US inflation report that could give fresh perspective on the timing of the Federal Reserve's first rate cut. Japanese shares touched a 34-year peak, while the dollar held steady, keeping the yen close to the 150 per dollar level. Ripple acquired Standard Custody and Trust Company to secure a New York trust charter, following its previous acquisition of cryptocurrency custody firm Metaco.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Gross Domestic Product - 2350 GMT

• US EIA Crude Oil Stocks Change - 1530 GMT

• US MBA Mortgage Applications - 1200 GMT

• Eurozone's Industrial Production - 1000 GMT

• UK's Core Consumer Price Index - 0700 GMT

• UK's Consumer Price Index - 0700 GMT

Regulation: FSA (Seychelles), FSCA (South Africa)
read more
Central Bank Outlook and Trade Shift Sentiment | 8th July, 2025

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
Rate Shifts Steer FX Markets as Silver Holds Strong

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 | 5 days ago
Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

On July 2, the USD stabilizes as Fed rate cut bets build. GBP/USD nears 1.3750 highs, NZD/USD extends above 0.6120, and AUD/USD holds near 0.6820 despite soft retail sales. USD/JPY recovers to 146.20, while silver dips below $36. Markets await US labor data and Fed remarks for direction ahead of July 4.
Moneta Markets | 6 days ago
WTI Slides as Geopolitical Risks Ease | 1st July, 2025

WTI Slides as Geopolitical Risks Ease | 1st July, 2025

WTI dips below $64.50 as Middle East tensions ease, dampening supply fears. Silver struggles under $36, while AUD and NZD stay muted on weak China PMI. USD/JPY steadies near 145.90, and the yen holds gains on USD weakness. Traders now eye US ISM PMI and Fed minutes for clues on policy and market direction.
Moneta Markets | 7 days ago
Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

WTI crude nears $75 on strong US inventory draw, boosting risk sentiment. The US Dollar remains weak amid Fed independence fears, lifting AUD/USD to 0.6880 and EUR/USD near 1.1700. USD/JPY retreats while USD/CNY stays steady on a firmer PBOC fix. Focus shifts to US PCE data and global central bank commentary.
Moneta Markets | 11 days ago