Daily Global Market Update

Financial markets mostly flat. Euro near lows on French political concerns. Dollar struggles for direction. Canada stocks down, UK inflation meets target. Key economic data today includes US housing starts, jobless claims and Eurozone consumer confidence.

Moneta Markets | 376 days ago

Euro/Dollar Steady in Recent Session

The Euro/Dollar price remained largely unchanged in the last session. The Stochastic RSI is giving a positive signal.

Dollar/Yen Overbought in Last Session

The Dollar/Yen price remained largely unchanged in the last session. According to the Stochastic RSI, we are in an overbought market.

Gold/Dollar Shows Positive Movement

The Gold/Dollar price remained largely unchanged in the last session. The CCI is giving a positive signal.

Tesla's Recent Drop

Tesla shares dropped by 0.8% in the last session. According to the Stochastic RSI, we are in an overbought market.

Global Financial Headlines

Dollar struggled for direction while the Euro remained close to its recent lows on concerns that a new government in France could weaken fiscal discipline, increasing the debt risk premium across the Euro area. Canada's main stock index fell to a near four-month low as industrial and financial shares led broad-based declines in a seasonally weak period for the commodity-linked market. British inflation returned to its 2% target for the first time in nearly three years in May, but strong underlying price pressures all but rule out a pre-election interest rate cut.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• US Housing Starts - 12:30 GMT

• US Initial Jobless Claims - 12:30 GMT

• Germany's Producer Price Index - 06:00 GMT

• Eurozone's Consumer Confidence - 14:00 GMT

• Japan's National Consumer Price Index - 23:30 GMT

• UK's GfK Consumer Confidence - 23:01 GMT

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Tags: Analysis

ATFX Market Outlook 2nd July 2025

Fed Chairman Powell emphasised the need for more data before considering interest rate cuts, with a July cut still a possibility. On Tuesday, the Nasdaq and S&P 500 closed lower due to weakness in large tech stocks, with the Nasdaq down 0.82% and the S&P 500 down 0.11%. In contrast, the Dow rose by 0.91% amid volatile trading and low liquidity.

ATFX | 49 minutes ago

What Helped EBC Win Big at the 2025 Online Money Awards?

EBC wins Best CFD Provider at the 2025 Online Money Awards, marking our first recognition for innovation, platform upgrades, and trader-first product design.

EBC Financial Group | 2h 8min ago

Dollar steadies as risk appetite eases on data and key deadlines

Dollar tumbles 14% against the euro in the first half of the year; Spotlight stays on US budget bill and trade talks; US data deluge today, an appetizer for Thursday’s jobs report; Oil hovers around $66, gold rally gains momentum;

XM Group | 19h 55min ago

EURUSD hits another milestone

EURUSD upgrades short-term outlook as non-stop rally reaches 1.1800. Technical picture reflects cooling buying interest.

XM Group | 20h 2min ago

ATFX Economic Calendar- 2025.06.30~2025.07.04

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 | 20h 8min ago

Another Year, Another Win: Inside EBC’s World Finance Forex Awards 2025 Results

At the World Finance Forex Awards 2025, EBC takes home two major titles—Most Trusted Broker and Best Trading Platform—for a third year in a row.

EBC Financial Group | 22h 17min ago

WTI Slides as Geopolitical Risks Ease | 1st July, 2025

WTI dips below $64.50 as Middle East tensions ease, dampening supply fears. Silver struggles under $36, while AUD and NZD stay muted on weak China PMI. USD/JPY steadies near 145.90, and the yen holds gains on USD weakness. Traders now eye US ISM PMI and Fed minutes for clues on policy and market direction.

Moneta Markets | 22h 49min ago

US500, EURUSD, USDJPY

New record high for US 500 amid relief rally; Eurozone preliminary CPI to be within ECB’s target; EURUSD hits 4-year high; US NFP report the highlight of the week; USDJPY eases

XM Group | 1 day ago

EURUSD	1.17954	GBPUSD	1.37436	AUDUSD	0.65794
USDJPY	143.643	USDCAD	1.36485	USDCHF	0.79146