Daily Global Market Update

Gold-dollar down 2.4%, MACD negative. Euro-dollar flat, ROC negative. Pound-dollar dips 0.2%, oversold. Bitcoin-dollar jumps 2.3%, stochastic positive. Wall Street rebounds, eyes on earnings. Bitcoin demand slows post-halving. Tesla expects profit margin decline. Major events: US Redbook Index, New Home Sales, 2-Year Note Auction; Japan's PMI; UK's Net Borrowing.

Moneta Markets | 439 days ago

Gold Dollar Pair's Decline

The gold-dollar pair plummeted 2.4% in the last session. The MACD is giving a negative signal.

Euro Dollar Pair's Movement

The pair traded sideways in the last session. The ROC is giving a negative signal.

Pound Dollar Pair's Movement

The pound-dollar pair saw a minor dip of 0.2% in the last session. According to the stochastic indicator, we are in an oversold market.

Bitcoin Dollar Pair's Movement

The Bitcoin-dollar pair exploded 2.3% in the last session. The stochastic indicator is giving a positive signal.

World Financial News

Wall Street stocks ended higher following a market selloff in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health. Demand for the newest Bitcoin investment products is slowing down as the world's first cryptocurrency went through its fourth halving event. Spot Bitcoin exchange-traded funds became a benchmark for institutional investments in Bitcoin after launching in January 2024. Tesla is expected to report its lowest gross profit margin in more than 6 years after a chaotic week that included major layoffs, vehicle price cuts, and urgent calls by investors for clarity on product strategy.

Major Economic Events

Today's major economic events include:

• US Redbook Index at 12:55 GMT

• US New Home Sales at 14:00 GMT

• US 2-Year Note Auction at 17:00 GMT

• Japan's Jibun Bank Manufacturing PMI at 00:30 GMT

• Japan's Jibun Bank Services PMI at 00:30 GMT

• UK's Public Sector Net Borrowing at 06:00 GMT

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Tags: Analysis

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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 | 2 days ago

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XM Group | 2 days ago

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XM Group | 2 days ago

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Moneta Markets | 2 days ago

ATFX Market Outlook 4th July 2025

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ATFX | 2 days ago

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XM Group | 3 days ago

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

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RoboForex | 3 days ago

Rate Shifts Steer FX Markets as Silver Holds Strong

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Moneta Markets | 3 days ago

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