Daily Global Market Update

Oil prices dipped 0.7%, with the CCI indicating a negative signal. The Australian dollar fell 0.3% against the US dollar, while the Euro dropped 0.2%, both showing positive RSI trends. The US dollar rose 0.7% against the yen, supported by a positive Stochastic RSI. Despite oil's decline, it achieved a fourth consecutive weekly gain amid concerns over US sanctions on Russian energy.

Moneta Markets | 168 days ago

Oil's Decline in the Market

Oil dropped by 0.7% against the dollar in the last trading session. The Commodity Channel Index (CCI) is indicating a negative signal.

Australian Dollar's Slight Decline

The Australian dollar dropped 0.3% against the US dollar in the last session. The Stochastic RSI is signalling a positive market trend.

Euro's Slight Decline

The Euro dipped 0.2% against the US dollar in the last trading session. The Relative Strength Index (RSI) is signalling a positive trend.

Yen's Decline Against the Dollar

The US dollar gained 0.7% against the Japanese yen in the last session. The Stochastic RSI is giving a positive signal.

Global Financial Headlines

Oil prices settled lower, marking their fourth consecutive weekly gain as US sanctions on Russian energy trade raised concerns over supply disruptions. Meanwhile, TikTok ceased operations in the United States, disappearing from major app stores. Smaller US companies saw pressure as the Russell 2000 index marked a 10% correction from November highs, while the S&P 500 showed less decline, decreasing by 3% during the same period.

Upcoming Economic Highlights

Key economic events to watch include:

• Germany's Producer Price Index - 07:00 GMT

• Eurozone's Construction Output - 10:00 GMT

• Japan's Capacity Utilisation - 04:30 GMT

• Japan's Industrial Production - 04:30 GMT

• Japan's Tertiary Industry Index - 04:30 GMT

• UK's Rightmove House Price Index - 01:00 GMT

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Tags: Analysis

Markets await trade deals as Trump makes new tariff threats

Dollar edges higher, gold slips despite confusion and renewed trade tensions. Trump delays tariff deadline to August 1, says trade deals are close. Wall Street hits record after Congress passes Big Beautiful Bill. Oil recovers from lows after OPEC+ hikes output more than expected.

XM Group | 1h 3min ago

Yen Weakens as Japanese Data Sends Mixed Signals

The USD/JPY pair edged higher on Monday, reaching 144.81, as the yen relinquished its earlier gains. The currency faced downward pressure following the release of disappointing wage figures, which dampened expectations for further monetary policy tightening by the Bank of Japan.

RoboForex | 1h 41min ago

EBC Markets Briefing | Trump pits European stocks against Wall St

European shares fell Friday due to declines in banks and mining stocks, as attention shifts to the July deadline for a trade deal with the White House.

EBC Financial Group | 3h 6min ago

Gold Struggles for Direction as Risk Mood Sours | 7th July, 2025

On July 7, gold slips below $3,350 as the USD strengthens and traders take profit amid tariff-related jitters. Silver lingers under $37. EUR/USD and NZD/USD retreat on weak sentiment, while USD/CAD rises above 1.3900 as oil weakens. Markets brace for key data including US CPI and Eurozone retail sales, with Fed speeches also in focus.

Moneta Markets | 5h 37min ago

ATFX Economic Calendar- 2025.07.07~2025.07.11

The ATFX Weekly Economic Calendar is a comprehensive resource designed to help traders and investors stay ahead of market-moving events. It outlines key economic data releases, central bank meetings, speeches, and geopolitical events for the week. This calendar provides a strategic tool for navigating global markets, offering insights into potential volatility triggers across multiple asset.

ATFX | 6h 52min ago

ATFX Market Outlook 7th July 2025

U.S. dollar weakened against major currencies after President Trump’s landmark tax cut bill was passed, amid mounting pressure on countries to strike trade deals with Washington. As markets brace for the July 9 tariff deadline—targeting countries like Japan that have yet to reach agreements—the dollar index slipped 0.1% to 96.92.

ATFX | 8h 15min ago

Why Silver could be the precious metal of 2025

The gold bar is metallic yellow and slightly behind the silver bar, which is metallic white and positioned in front. Gold may still be the headline act, but silver’s no longer content playing second fiddle. In 2025, silver isn’t just glittering - it’s surging forward as one of the most exciting metals on the market.

Deriv | 2 days ago

Risk-on sentiment fades as tariffs return to the spotlight

Dollar surrenders gains posted after robust labour market report; Trump celebrates US budget bill approval; scheduled to sign it today; Most Fed members feel more comfortable as July rate cut is priced out; Oil steadies near $66, gold rally retains momentum;

XM Group | 3 days ago

EURUSD	1.17286	GBPUSD	1.36033	AUDUSD	0.64977
USDJPY	145.412	USDCAD	1.36628	USDCHF	0.79707