Daily Global Market Update

Bitcoin gained slightly, Meta and AUD slipped, Gold dipped due to strong USD. US retail sales strong, crypto.com CEO met Trump on Bitcoin Reserve. Watch Japan data, US Redbook, UK retail sales, Eurozone unemployment, Germany industrial production.

Bitcoin's Modest Gain

The Bitcoin/USD pair rose by 0.9% in the last session, after gaining as much as 2% earlier in the day. The Rate of Change (ROC) indicator is giving a positive signal.

 

 

Meta Shares Slip

Meta shares dropped by 0.7% in the last session. The Williams Percent Range indicator is currently giving a negative signal.

 

 

Australian Dollar's Decline

The AUD/USD pair fell by 0.4% in the last session. The Stochastic indicator is currently showing a negative signal.

 

 

Gold Under Pressure

Gold dipped by 0.2% against the dollar in the last session, as the RSI indicated a negative signal. A stronger US dollar and rising Treasury yields contributed to this decline.

 

 

Global Financial Headlines

Gold prices faced headwinds due to a stronger US dollar and climbing Treasury yields, as investors focus on the Federal Reserve’s final policy meeting of the year. Retail sales data in the US surpassed expectations, reinforcing economic momentum. Meanwhile, crypto.com CEO Chris Marel met with US President-elect Donald Trump to discuss proposals for a National Bitcoin Reserve.

 

Upcoming Economic Highlights

Key events to monitor include:

• Japan’s Labour Cash Earnings - 2330 GMT

• US Redbook Index - 1355 GMT

• UK BRC Retail Sales - 0001 GMT

• Japan’s Overall Household Spending - 2330 GMT

• Eurozone Unemployment Rate - 1000 GMT

• Germany’s Industrial Production - 0700 GMT

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

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 | 7h 29min ago
Central Bank Outlook and Trade Shift Sentiment | 8th July, 2025

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 | 1 day ago
Rate Shifts Steer FX Markets as Silver Holds Strong

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 | 6 days ago
Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

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 | 7 days ago
WTI Slides as Geopolitical Risks Ease | 1st July, 2025

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 | 8 days ago
Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

Oil Rises, Dollar Stalls as Risk Appetite Builds | 27th June, 2025

WTI crude nears $75 on strong US inventory draw, boosting risk sentiment. The US Dollar remains weak amid Fed independence fears, lifting AUD/USD to 0.6880 and EUR/USD near 1.1700. USD/JPY retreats while USD/CNY stays steady on a firmer PBOC fix. Focus shifts to US PCE data and global central bank commentary.
Moneta Markets | 12 days ago