Daily Global Market Update

Bitcoin plunged 5.3%, with the Stochastic RSI signaling bearishness. NIO stock dropped 2%, and the Ultimate Oscillator suggests a negative trend. AUD/USD remains unchanged, but the CCI signals overbought conditions. Gold rose 0.4%, with the MACD indicating a positive outlook. Oil prices surged due to supply concerns, while the dollar strengthened against the Yen amid robust economic data.

Bitcoin's Decline in the Market

The Bitcoin/USD pair plummeted by 5.3% in the last trading session. The Stochastic RSI is indicating a negative signal.

 

 

NIO's Negative Trend

NIO stock dropped 2% in the last session. The Ultimate Oscillator is providing a negative signal.

 

 

AUD/USD Overbought

The Aussie Dollar price remained largely unchanged in the last session. The CCI is indicating an overbought market.

 

 

Gold's Modest Rise

Gold rose 0.4% against the dollar in the last session. The MACD is indicating a positive signal.

 

 

Market News Highlights

Oil prices rose due to supply concerns stemming from sanctions on Russia and Iran, coupled with anticipated increased demand from China. The dollar strengthened, reaching a six-month high against the Yen, as strong economic data indicated a stable jobs market and robust services sector. Additionally, US Commodity Futures Trading Commission chair Rostin Behnam announced plans to step down, paving the way for regulatory changes under the new administration.

 

Upcoming Economic Highlights

Key economic events to look out for include:

• US MBA Mortgage Applications - 12:00 GMT

• US EIA Crude Oil Stocks Change - 15:30 GMT

• Germany's 10Y Bond Auction - 10:30 GMT

• Dutch Consumer Spending Volume - 05:30 GMT

• Japan's Consumer Confidence Index - 05:00 GMT

• Japan's Foreign Bond Investment - 23:50 GMT

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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 | 17h 42min 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 | 5 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 | 6 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 | 7 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 | 11 days ago