Daily Global Market Update

Euro up slightly, Dollar/Yen down a bit, Gold stable, Alibaba stock gains. Global highlights: Yen strengthens, UK inflation steady, gold near two-month low. Upcoming: US Retail Sales, Australia Unemployment, Dutch Unemployment, UK GDP, Japan Industrial Production, US Industrial Production.

Moneta Markets | 509 days ago

Euro's Slight Bump

The Euro experienced a modest increase of 0.1% against the dollar in the latest session. The MACD indicator is showing a negative signal, aligning with our comprehensive technical analysis.

Dollar Yen's Minor Dip

The Dollar/Yen pair saw a decline of 0.1% in the last session, with the CCI indicating an overbought market.

Gold's Market Position

Gold's price remained largely stable in the last session, with the CCI suggesting an oversold market condition.

Alibaba's Stock Gain

Alibaba's stock appreciated by 1.4% in the previous session, with the MACD indicator providing a negative signal.

Global Financial Headlines

The dollar witnessed a decline against the yen following a statement from a Japanese official regarding market movements, as the Yen hovered on the weaker side of the 150 threshold. In the UK, Consumer Price Inflation remained steady at 4% in January, contrary to the anticipated increase, hinting at potential rate cuts by the Bank of England. Gold prices stayed near a two-month low, under the $2,000 per ounce mark, as a US inflation report stronger than expected led to adjusted forecasts for Federal Reserve rate cuts.

Upcoming Economic Highlights

Today's key economic releases include:

• US Retail Sales - 1330 GMT

• Australia's Unemployment Rate - 0030 GMT

• Dutch Unemployment Rate - 0530 GMT

• UK's Gross Domestic Product - 0700 GMT

• Japan's Industrial Production - 0430 GMT

• US Industrial Production - 1415 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 | 6h 39min 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 | 9h 13min 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 | 9h 19min 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 | 9h 49min 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 | 10h 4min 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 | 12h 24min 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 | 14h 55min 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	1.17242	GBPUSD	1.35911	AUDUSD	0.65298
USDJPY	146.722	USDCAD	1.36844	USDCHF	0.79575