Daily Global Market Update

Oil prices edged up, with positive technical signals. The Australian Dollar appears oversold, while the Euro shows positive momentum. The Dollar-Yen pair is overbought. Global equities rallied, driven by positive inflation data and eased government shutdown fears. Key economic data releases today include Austria's Producer Price Index, Japan's Manufacturing PMI, and the US Chicago PMI.

Moneta Markets | 190 days ago

Oil's Upward Momentum

Oil gained 0.7% against the dollar in the last session. The Stochastic RSI is signalling a positive trend.

Aussie Dollar's Oversold Territory

The AUD/USD pair traded sideways in the last session. The Stochastic indicator suggests the market is currently oversold.

Euro's Positive Signal

The EUR/USD pair traded sideways in the last session. The Williams Percent Range indicator is providing a positive signal.

Dollar Yen's Overbought Conditions

The USD/JPY pair made a minor downward correction, dropping 0.1% in the last session. The Stochastic indicator suggests the market is currently overbought.

Global Financial Headlines

Global equity funds saw sharp inflows this past week, buoyed by a positive US inflation report and relief from avoiding a government shutdown, boosting investor confidence in risk assets. Meanwhile, United Health and a Medici's merger faces delays under close scrutiny from the US Department of Justice. US stocks had a banner year in 2024, with the S&P 500 up by 25% and the NASDAQ Composite up by over 31%.

Upcoming Economic Highlights

Key economic events to monitor include:

• Austria's Producer Price Index - 8:00 GMT

• Japan's Jibun Bank Manufacturing PMI - 03:00 GMT

• US Chicago Purchasing Managers Index - 14:45 GMT

• US 6-Month Bill Auction - 16:30 GMT

• Spain's Current Account Balance - 09:00 GMT

• Japan's CFTC JPY NCET Positions - 20:30 GMT

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

EUR/USD Declines as Markets Await US Tariff Developments

The EUR/USD pair dropped to 1.1746 on Tuesday, with the US dollar holding a slight edge before correcting. The greenback faced pressure after Donald Trump announced new tariffs on 14 countries that have yet to secure trade agreements with the US.

RoboForex | 2h 40min 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 | 5h 15min ago

ATFX Market Outlook 8th July 2025

U.S. President Trump signed an order delaying “reciprocal” tariffs from July 9 to August 1 and warned of steep hikes from that date, escalating trade tensions. U.S. stocks closed sharply lower, with the Dow down 0.94%, the S&P 500 falling 0.79%, and the Nasdaq dropping 0.92%. Tesla also tumbled after Elon Musk announced plans to launch a new political party.

ATFX | 7h 47min 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 | 1 day 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 | 1 day 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 | 1 day ago

Dollar Mixed as Tariff Tensions Rise and Jobs Data Buoys Fed Outlook | 4th July, 2025

On July 4, strong U.S. jobs data boosts the dollar, but Trump’s tariff warning sparks trade uncertainty. USD/CAD dips near 1.3600 as oil rebounds; AUD/USD slips below 0.6650. NZD/USD holds near 0.6050, GBP/USD steadies at 1.3650, and USD/CNY stays firm as PBOC signals caution. Markets eye ISM data and tariff updates for next moves.

Moneta Markets | 4 days ago

ATFX Market Outlook 4th July 2025

The U.S. economy added 147,000 jobs in June, beating expectations of 110,000, while the unemployment rate fell to 4.1%. Traders are now betting that the Fed is unlikely to cut rates before September. Meanwhile, the House narrowly passed Trump's major fiscal bill by a vote of 218 to 214. U.S. stocks rallied on Thursday, hitting fresh record highs.

ATFX | 4 days ago

EURUSD	1.17263	GBPUSD	1.35787	AUDUSD	0.65398
USDJPY	146.377	USDCAD	1.36554	USDCHF	0.79754