Daily Global Market Update

The British Pound gained against the US dollar, while Bitcoin reversed its gains and closed lower. Oil prices continued to climb, and the Australian dollar saw a minor increase. Global stocks dipped after US inflation data, potentially impacting future interest rate decisions.

Moneta Markets | 359 days ago

Pound's Gains Against the Dollar

The GBP/USD pair saw an increase of 0.4% in the last session. According to the CCI, we are currently in an overbought market.

Bitcoin's Volatility

The Bitcoin/USD pair declined by 0.4% after initially rising as much as 2.7% during the session. The Rate of Change (ROC) indicator is giving a negative signal.

Oil's Upward Trend

The oil market saw a 0.5% increase in the last session. The Stochastic RSI indicates a positive outlook.

AUD/USD's Minor Correction

The AUD/USD pair saw a slight upward correction, gaining 0.1% in the last session. The MACD is currently indicating a positive trend.

Global Financial Headlines

Coinbase is set to release a new version of its crypto wallet, enhancing accessibility across platforms. Meanwhile, global stock indices dipped, and bond yields fell following US inflation data, potentially influencing future interest rate cuts. Concurrently, oil prices have risen, with Brent oil reaching above $85 a barrel.

Upcoming Economic Highlights

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

• Japan's Capacity Utilization - 0430 GMT

• Japan's Industrial Production - 0430 GMT

• UK CFTC GBP NC Net Positions - 1930 GMT

• Eurozone's Euro Group Meeting - 0700 GMT

• US Producer Price Index - 1230 GMT

• US Michigan Consumer Sentiment Index - 1400 GMT

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

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

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

ATFX Market Outlook 3rd July 2025

Wednesday’s ADP report showed a surprise decline of 33,000 private-sector jobs in June, marking the first contraction since March 2023 as economic uncertainty weighed on hiring. U.S. equities surged, with the S&P 500 and Nasdaq closing at record highs, driven by gains in tech stocks and relief following the U.S.–Vietnam trade agreement, which eased concerns over prolonged trade tensions

ATFX | 3 days ago

GBP/USD at the top of a bullish channel

GBP/USD loses momentum near three-year high, tests the channel’s upper band. Short-term bias remains bullish, but overbought conditions are evident. Bullish outlook remains intact above 1.3450.

XM Group | 4 days ago

Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

On July 2, the USD stabilizes as Fed rate cut bets build. GBP/USD nears 1.3750 highs, NZD/USD extends above 0.6120, and AUD/USD holds near 0.6820 despite soft retail sales. USD/JPY recovers to 146.20, while silver dips below $36. Markets await US labor data and Fed remarks for direction ahead of July 4.

Moneta Markets | 4 days ago

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 | 4 days 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 | 5 days ago

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