Daily Global Market Update

Bitcoin declined due to bearish MACD signals. Alibaba's stock was stable with a bullish MACD. The Aussie Dollar weakened, oversold by CCI. Gold surged on geopolitical tensions and rate cut expectations, with a bullish Ultimate Oscillator. Global markets saw mixed trends, with Microsoft rejecting Bitcoin addition.

Moneta Markets | 210 days ago

Bitcoin's Decline in the Market

The Bitcoin-Dollar pair fell by 2.2% in the last trading session. The MACD is giving a negative signal, indicating potential bearish momentum.

Alibaba's Stable Performance

Alibaba's stock remained largely unchanged in the last session. The MACD is giving a positive signal, suggesting upward momentum in the near term.

Aussie Dollar's Decline

The Australian Dollar fell by 0.8% against the US Dollar in the last session. According to the CCI, the market is in an oversold condition, indicating a potential reversal.

Gold's Remarkable Surge

The Gold-Dollar pair soared by 1.2% in the last session. The Ultimate Oscillator is giving a positive signal, reflecting strong bullish momentum.

Global Financial Updates

Gold prices reached a two-week high amid rising geopolitical tensions and expectations of a third US rate cut by the Federal Reserve next week. The Canadian Dollar strengthened slightly against the US Dollar as oil prices rose. Microsoft shareholders recently rejected a proposal to add Bitcoin to the company's balance sheet, with the board deeming the move unnecessary.

Upcoming Economic Events

Key economic events to watch for this week include:

• US Inflation Data - 1330 GMT

• Bank of Canada Rate Decision - 1500 GMT

• Japan's Machine Tool Orders - 0600 GMT

• UK GDP Estimate - 0700 GMT

• Eurozone Industrial Production - 1000 GMT

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

Tags: Analysis

EBC Markets Briefing | Japanese stocks remain in the doldrums

As of June 27, foreign capital has flowed into Japan's stock market for 13 weeks, with investments continuing to rise despite market challenges.

EBC Financial Group | 13h 47min ago

Dollar fights an uphill battle amidst mounting tariff pressure

More Trump letters to be sent, with copper, chips and pharmas next on the tariff list; Dollar struggles to hold recent gains, except versus the yen; US equities on the back foot, underperforming their European counterparts; RBNZ stands pat; Antipodeans post small gains against the greenback;

XM Group | 15h 28min ago

USDJPY bulls regain control ahead of FOMC minutes

USDJPY flirts with 38.2% Fibonacci; Remains above long-term downtrend line; Stochastics and RSI point up

XM Group | 15h 29min 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 | 15h 38min ago

EBC Markets Briefing | Gold languishes on US optimism

Gold prices hovered near a one-week low on Wednesday, pressured by a stronger dollar, with the Fed's meeting minutes set for release later today.

EBC Financial Group | 15h 47min ago

Gold Drops Below $3,300 as Fed Rate Forecasts Shift

Gold prices fell below 3,300 USD per troy ounce on Wednesday, extending losses after a 1% decline the previous day. The downward pressure stemmed from the Federal Reserve’s cautious stance, which partially offset concerns over escalating trade tensions.

RoboForex | 15h 58min 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 | 19h 16min ago

The crypto market continues to rise, stumbling along the way

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: The crypto market continues to rise, stumbling along the way

FxPro | 1 day ago

EURUSD	1.17441	GBPUSD	1.36049	AUDUSD	0.65416
USDJPY	145.935	USDCAD	1.36798	USDCHF	0.79202