Daily Global Market Update

Oil-dollar pair fell 1.8%, ROC negative. Aussie dollar sideways, MACD positive. Euro-dollar sideways, MACD positive. Dollar-yen sideways, Stochastic RSI positive. China's consumer prices up for third month. Seeker's shares soar 35% above IPO price. Today: US bill auctions, Finland's Current Account, Portugal's CPI, Eurozone's Eurogroup Meeting, Japan's PPI.

Moneta Markets | 419 days ago

Oil-Dollar Pair's Decline

The oil-dollar pair experienced a significant decline of 1.8% in the last session. The Rate of Change (ROC) indicator is giving a negative signal, suggesting potential downward pressure on the pair.

Australian Dollar Pair's Sideways Movement

The Aussie dollar pair traded sideways in the last session. Contrary to the oil-dollar pair, the Moving Average Convergence Divergence (MACD) indicator is giving a positive signal for this pair.

Euro-Dollar Pair's Sideways Movement

Similarly, the euro-dollar pair traded sideways in the last session, with the MACD indicating a positive signal, suggesting stability in this pair.

Dollar-Yen Pair's Sideways Movement

In line with the previous pairs, the dollar-yen pair also traded sideways in the last session. However, the Stochastic RSI is giving a positive signal for this pair.

Global Market Headlines

Turning to global headlines, China's consumer prices rose for a third consecutive month in April, signaling improving domestic demand. Meanwhile, Seeker's shares soared nearly 35% above their IPO price, marking a strong debut for the electric vehicle maker in the US market.

Upcoming Economic Events

Here's a glimpse of today's economic calendar:

• US 3-Month Bill Auction - 1530 GMT

• US 6-Month Bill Auction - 1530 GMT

• Finland's Current Account - 0500 GMT

• Portuguese Consumer Price Index - 1000 GMT

• Eurozone's Eurogroup Meeting - 0700 GMT

• Japan's Producer Price Index - 2350 GMT

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

Tags: Analysis

EBC Markets Briefing | Trump pits European stocks against Wall St

European shares fell Friday due to declines in banks and mining stocks, as attention shifts to the July deadline for a trade deal with the White House.

EBC Financial Group | 19 minutes ago

Gold Struggles for Direction as Risk Mood Sours | 7th July, 2025

On July 7, gold slips below $3,350 as the USD strengthens and traders take profit amid tariff-related jitters. Silver lingers under $37. EUR/USD and NZD/USD retreat on weak sentiment, while USD/CAD rises above 1.3900 as oil weakens. Markets brace for key data including US CPI and Eurozone retail sales, with Fed speeches also in focus.

Moneta Markets | 2h 50min ago

ATFX Economic Calendar- 2025.07.07~2025.07.11

The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.

ATFX | 4h 5min ago

ATFX Market Outlook 7th July 2025

U.S. dollar weakened against major currencies after President Trump’s landmark tax cut bill was passed, amid mounting pressure on countries to strike trade deals with Washington. As markets brace for the July 9 tariff deadline—targeting countries like Japan that have yet to reach agreements—the dollar index slipped 0.1% to 96.92.

ATFX | 5h 27min ago

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 | 2 days 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 | 2 days 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 | 2 days 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 | 3 days ago

EURUSD	1.17367	GBPUSD	1.35948	AUDUSD	0.64992
USDJPY	145.238	USDCAD	1.36744	USDCHF	0.79676