Daily Global Market Update

Bitcoin fell 2%. Amazon shares rose 1.7%. The Australian dollar gained 0.2%. Gold increased 0.8%. Oil prices fell due to rate concerns. The US dollar eased amid rising producer prices. The Solana mCoin parody GME hit $100 million market cap. Key economic events today include US CPI, US Retail Sales, Eurozone Employment Change, Industrial Production, and Japan's GDP.

Moneta Markets | 417 days ago

Bitcoin's Recent Movement

The Bitcoin-USD pair experienced a decline of 2% in the last session. The Ultimate Oscillator is signaling a negative outlook.

Amazon Shares Rise

Amazon shares gained 1.7% in the last session. The Ultimate Oscillator is giving a positive signal.

Aussie's Slight Gain

The Aussie gained 0.2% against the dollar in the last trading session. The CCI is giving a negative signal.

Gold's Rise

The gold-dollar pair gained 0.8% in the last session. The Ultimate Oscillator is giving a positive signal.

Recent Developments in Financial News

Oil prices settled lower after US data stoked concerns that US interest rates may remain high. However, potential risks to supply from Middle East tensions and wildfires in Canada provided support to prices. The dollar eased following an unexpected increase in US producer prices in April, indicating stubbornly high inflation in the second quarter. Additionally, GME, an unofficial Solana mCoin parody of American gaming retailer GameStop, surpassed $100 million in market capitalization amid a trading frenzy of its namesake but unrelated entity.

Upcoming Economic Events

Here are today's major economic events:

• US Consumer Price Index - 1230 GMT

• US Retail Sales - 1230 GMT

• Eurozone's Employment Change - 0900 GMT

• Eurozone's Industrial Production - 0900 GMT

• Japan's Gross Domestic Product - 2350 GMT

• Japan's Gross Domestic Product (Annualized) - 2350 GMT

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

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

EURUSD	1.17741	GBPUSD	1.36368	AUDUSD	0.65314
USDJPY	144.576	USDCAD	1.36139	USDCHF	0.79411