Daily Global Market Update

Oil dipped slightly, Stochastic RSI bearish. AUD/USD traded sideways, MACD positive. EUR/USD stable, overbought. USD/JPY unchanged, RSI positive. China banks gain gold import quotas, gold prices surge. India's forex reserves decline. US stocks rally. Global focus on Jackson Hole. Today's economic releases: US bill auctions, German Buba report, China FDI, NZ exports/imports.

Moneta Markets | 329 days ago

Oil's Slight Dip

Oil experienced a decrease of 0.2% against the dollar in the last session. The Stochastic RSI is signalling a negative outlook.

AUD/USD Pair's Sideways Movement

The AUD/USD pair traded sideways in the last session. The MACD is giving a positive signal.

EUR/USD Pair's Stability

The EUR/USD price remained largely unchanged in the last session. According to the Williams %R indicator, we are in an overbought market.

USD/JPY Pair's Steady Performance

The USD/JPY price remained largely unchanged in the last session. The RSI is giving a positive signal.

Global Financial Headlines

Several Chinese banks have been granted new gold import quotas from the Central Bank, anticipating revived demand despite record high prices. Spot gold has gained 21% so far this year, having hit successive record highs. India's foreign exchange reserves came off record highs and fell to $667.14 billion as of August 9th, the central bank said. The reserves fell by $4.8 billion in the reporting week, the biggest fall in 4 months. US Stocks entered last week higher, extending their biggest weekly percentage gains of the year as worries of an economic downturn eased and investors focused on the Jackson Hole economic Symposium next week. The S&P 500 and the NASDAQ notched their seventh straight session of gains.

Upcoming Economic Highlights

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

• US 3-month Bill auction - 1530 GMT

• US 6-month Bill auction - 1530 GMT

• Germany's German Buba Monthly Report - 1000 GMT

• China's FDI - 0900 GMT

• New Zealand's Exports - 2245 GMT

• New Zealand's Imports - 2245 GMT

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

USDJPY, GBPUSD, BTCUSD

US CPI may offer clues on Fed's next move; USDJPY points up; UK CPI expected to remain steady; GBPUSD tilts down; Bitcoin flies above 123,000; next target at 125,000

XM Group | 7h 18min ago

USD/JPY Extends Gains as Market Monitors US Tariff Policy

The USD/JPY pair climbed to 147.42 on Monday. Early in the session, the yen staged a partial recovery from last week’s losses amid heightened global trade risks, but the rebound proved short-lived as the currency resumed its downward trajectory.

RoboForex | 12h 42min ago

Gold Shines as Trade Tensions Rise

On July 14, global markets turned risk-off after President Trump revived tariff threats targeting the EU and Canada. Gold surged past $3,350 on safe-haven bids, while USD/CAD spiked near 1.3700. EUR/USD rebounded toward 1.1700, and NZD/USD slid below 0.6000 ahead of key Chinese trade data. GBP/USD remained pressured around 1.3500 amid Brexit silence.

Moneta Markets | 13h 25min ago

ATFX Market Outlook 14th July 2025

Trump issued a letter late on Thursday that said a 35% tariff rate on all imports from Canada would apply from August 1. Wall Street ended lower on Friday, with Meta Platforms weighing on the S&P 500 after President Donald Trump intensified his tariff offensive against Canada, amplifying the uncertainty swirling around U.S. trade policy.

ATFX | 15h 49min ago

USD/JPY Climbs as Yen Struggles Amid Trade Tensions

On Friday, the USD/JPY pair advanced to 146.93, marking a three-week high as the US dollar continued to strengthen against a backdrop of escalating global trade tensions.

RoboForex | 3 days ago

Dollar Dominates After Trump’s Trade Strike| 11th July, 2025

On July 10, silver extends gains toward $36.50 amid rising macro uncertainty and safe-haven demand. The US Dollar weakens, boosting AUD and NZD. USD/JPY trims early losses as BoJ hike hopes fade, while EUR/JPY retreats from highs on softening sentiment. Markets brace for US Jobless Claims to guide the next leg in global risk and Fed rate expectations.

Moneta Markets | 3 days ago

ATFX Market Outlook 11th July 2025

U.S. stock indices, the S&P 500 and Nasdaq, closed slightly higher on Thursday, both reaching new record closing highs. Optimism was boosted by Delta Air Lines' positive earnings forecast and Nvidia's record-breaking market capitalisation, helping investors remain unfazed by Trump’s latest tariff announcements.

ATFX | 3 days ago

ATFX Market Outlook 10th July 2025

U.S. President Donald Trump announced new tariffs on seven countries, stating earlier this week that a 25% tariff would be imposed on Japan and other trade partners starting in August. Despite this, Wall Street closed higher on Wednesday, with the tech-heavy Nasdaq leading the gains.

ATFX | 4 days ago

EURUSD	1.16668	GBPUSD	1.34283	AUDUSD	0.65438
USDJPY	147.761	USDCAD	1.3703	USDCHF	0.79798