Daily Global Market Update

Pound weakened, Bitcoin surged, Oil climbed, Aussie traded sideways. Bitcoin's $100K rally gains momentum, gold rises on safe-haven demand. Key economic events to watch.

Moneta Markets | 231 days ago

Pound's Decline Against the Dollar

The GBP/USD pair dropped by 0.5% during the last session. The MACD is currently providing a negative signal, suggesting potential bearish momentum.

Bitcoin's Accelerated Growth

Bitcoin surged by 4% against the dollar in the last session. The MACD is signalling a positive trend, reinforcing bullish sentiment among traders.

Oil's Steady Climb

The price of US crude oil rose by 1.5% in the last session. The Rate of Change (ROC) indicator is providing a positive signal, supporting a bullish outlook.

Aussie's Neutral Trend

The AUD/USD pair traded sideways in the last session. The Commodity Channel Index (CCI) is presenting a positive signal, hinting at a potential upward move.

Global Financial Headlines

Bitcoin's drive towards $100,000 has gained momentum as traders anticipate a more favourable regulatory environment in the US under President-elect Donald Trump. Jobless claims in the US fell to a 7-month low last week, hinting at recovery in the labour market. Meanwhile, gold prices rose for the fourth consecutive session, bolstered by safe-haven demand amid geopolitical concerns and lacklustre corporate earnings from Nvidia.

Upcoming Economic Highlights

Key economic events to monitor include:

• Japan’s Labour Cash Earnings – 2330 GMT

• US Redbook Index – 1355 GMT

• UK’s BRC Retail Sales – 0001 GMT

• Japan’s Overall Household Spending – 2330 GMT

• Eurozone’s Unemployment Rate – 1000 GMT

• Germany’s Industrial Production – 0700 GMT

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

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 | 11h 5min ago

GBP/USD Hits Two-Week Low as Pressure Mounts

The GBP/USD pair dropped to 1.3602 on Thursday, marking a two-week low amid a strengthening US dollar and growing concerns over the UK’s public finances.

RoboForex | 1 day ago

GBPUSD sets the ground for a pivot

GBP/USD selling pressures ease shortly after pullback from 3-year high. Technical signals favor bullish rotation; break above 1.3620 is needed.

XM Group | 1 day 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 | 1 day ago

Silver Shines as Safe-Haven Demand Returns Amid Dollar Weakness | 10th 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 | 1 day ago

ATFX Market Outlook 9th July 2025

On Tuesday, U.S. President Donald Trump escalated the global trade war by announcing a 50% tariff on imported copper and reiterated that long-threatened tariffs on semiconductors and pharmaceuticals are also imminent. U.S. equities ended mixed as investors awaited further clarity on trade policy. The Dow Jones Industrial Average fell 0.37%, the S&P 500 dipped 0.07%, while the Nasdaq edged up 0.03%

ATFX | 2 days ago

Oil and Copper Surge as Geopolitical and Trade Risks Escalate | 9th July, 2025

On July 9, oil jumps above $67.00 on renewed Red Sea attacks, while copper surges past $5.50 after Trump vows 50% tariffs if re-elected. DXY edges up past 97.50 ahead of FOMC Minutes. China’s CPI surprises slightly at 0.1% YoY, offering mixed signals. AUD/USD trades flat, and markets brace for further volatility driven by Fed outlook and trade policy threats.

Moneta Markets | 2 days ago

Central Bank Outlook and Trade Shift Sentiment | 8th July, 2025

On July 8, gold slips below $3,350 as risk appetite improves. Silver holds steady near $36.90, while AUD/USD rises to 0.6855 ahead of the RBA decision. USD/JPY surges above 161.00 as BoJ tightening bets fade. PBOC sets USD/CNY at 7.1534, signaling stability. Focus now shifts to US CPI, central bank guidance, and trade progress for market direction.

Moneta Markets | 3 days ago

EURUSD	1.16873	GBPUSD	1.35006	AUDUSD	0.65764
USDJPY	147.344	USDCAD	1.36927	USDCHF	0.79681