Daily Global Market Update

Recent market movements: Mixed for gold, euro, pound, and Bitcoin with technical signals. Financial highlights: Fed optimistic on inflation, caution emerging; Grayscale Bitcoin Trust outflows; Nissan expansion plans. Key economic events today: US consumer confidence, durable goods orders; Germany, Spain, and Ireland data releases.

Moneta Markets | 466 days ago

Gold's Minor Upward Correction

The gold-dollar pair made a minor upward correction in the last session, rising 0.1%. The RSI is giving a negative signal.

Euro's Minor Upward Correction

The euro-dollar pair made a minor upward correction in the last session, gaining 0.2%. The Ultimate Oscillator is giving a negative signal.

Pound's Rise Against Dollar

The pound rose 0.3% against the dollar in the last session. The MACD is giving a negative signal.

Bitcoin's Significant Gain

The Bitcoin-dollar pair skyrocketed 4.1% in the last session. The Stochastic RSI is giving a positive signal.

World Financial News

Federal Reserve officials expressed continued faith in US inflation, particularly with housing price increases expected to help lower the headline pace of price increases. However, there is a growing sense of caution in the debate. Grayscale Bitcoin Trust recorded $1.9 billion in outflows last week, tipping the group of US spot Bitcoin exchange-traded funds into net outflows. Nissan announced plans to launch 30 new models over the next 3 years and aims to raise its global sales by 1 million vehicles, targeting an operating profit margin of over 6% by March 2027 and total shareholder returns of more than 30%.

Major Economic Events

Here are today's major economic events:

• US Consumer Confidence - 1400 GMT

• US Durable Goods Orders - 1230 GMT

• US Non-Defense Capital Goods Orders - 1230 GMT

• Germany's GfK Consumer Confidence Survey - 0700 GMT

• Spain's Gross Domestic Product - 0800 GMT

• Irish Consumer Confidence - 0001 GMT

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Tags: Analysis

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 | 1 day 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 | 1 day ago

USDCAD shrugs off upbeat US jobs data

USDCAD fails to rebound despite stronger US nonfarm payrolls. Bearish trend likely to continue; next support near 1.3455.

XM Group | 1 day ago

Dollar Mixed as Tariff Tensions Rise and Jobs Data Buoys Fed Outlook | 4th July, 2025

On July 4, strong U.S. jobs data boosts the dollar, but Trump’s tariff warning sparks trade uncertainty. USD/CAD dips near 1.3600 as oil rebounds; AUD/USD slips below 0.6650. NZD/USD holds near 0.6050, GBP/USD steadies at 1.3650, and USD/CNY stays firm as PBOC signals caution. Markets eye ISM data and tariff updates for next moves.

Moneta Markets | 1 day ago

ATFX Market Outlook 4th July 2025

The U.S. economy added 147,000 jobs in June, beating expectations of 110,000, while the unemployment rate fell to 4.1%. Traders are now betting that the Fed is unlikely to cut rates before September. Meanwhile, the House narrowly passed Trump's major fiscal bill by a vote of 218 to 214. U.S. stocks rallied on Thursday, hitting fresh record highs.

ATFX | 1 day ago

Nonfarm payrolls take center stage

Slide in US private payrolls raise concerns about NFP miss - US strikes trade deal with Vietnam ahead of July 9 deadline - Pound feels the heat of fiscal shenanigans - S&P 500 hits fresh record high ahead of jobs report

XM Group | 2 days ago

Gold declines as trade optimism reduces safe-haven demand, while a weak dollar limits losses

On Thursday, the price of gold fell to 3,340 USD per troy ounce, partially correcting the previous day’s gains. The decline reflects growing optimism over trade agreements, which reduced demand for gold as a safe-haven asset.

RoboForex | 2 days ago

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 | 2 days ago

EURUSD	1.17788	GBPUSD	1.36532	AUDUSD	0.65507
USDJPY	144.479	USDCAD	1.36033	USDCHF	0.79342