On July 3, 2025, Brent crude futures dipped to $68.74 per barrel, down 0.54%, while WTI crude futures fell to $66.90 per barrel, down 0.82%, despite optimism from a U.S.-Vietnam trade deal and eased Middle East tensions. OPEC+’s upcoming decision on August output and the July 9 expiration of a …
Read More »GBP/USD Holds Firm Amid US Jobs Strength and UK Reeves Uncertainty
The GBP/USD pair showed resilience, trading 17% up, steadily at 1.3654 despite a robust US jobs report and lingering doubts about UK fiscal policy under Chancellor Rachel Reeves. Strong US job growth reduced expectations for Federal Reserve rate cuts, boosting the dollar. Meanwhile, political pressures in the UK, particularly around …
Read More »Has Surprisingly Strong Jobs Report Dashed Hopes for Sooner Rate Cuts?
The robust U.S. jobs report for June, released on July 3, 2025, has upended expectations for a Federal Reserve rate cut this summer, strengthening the case for maintaining high interest rates. The data, coupled with political pressure from President Donald Trump on Federal Reserve Chair Jerome Powell, has sparked market …
Read More »Bitcoin and Cryptocurrencies Surge Amid Trade Optimism and Economic Data Anticipation
Bitcoin extended its gains on Thursday, building on the momentum from the prior session as improved sentiment in U.S. trade relations and broader risk appetite spurred positive price action. The cryptocurrency broke out of its typical $103,000 to $108,000 trading range, although market participants are still cautious ahead of crucial …
Read More »European Stocks Rise Amid Trade Optimism and Caution Ahead of U.S. Jobs Report
European stocks gained on Thursday, continuing the positive momentum from Wall Street, though caution persisted as investors awaited the release of the crucial U.S. jobs report later in the day. Trade Optimism Drives European Equity Markets At 03:05 ET (07:05 GMT), the pan-European STOXX 600 index rose by 0.3%, with …
Read More »Market Movers- US Session: NFP and Key Data to Steer Markets and Assets on July 3
On Thursday, July 3, 2025, investors and traders will zero in on a critical lineup of US economic releases, with the Nonfarm Payrolls (NFP) report headlining. Forecasted to show a modest 110,000 job gain for June, down from May’s 139,000, and an unemployment rate ticking up to 4.3% from 4.2%, …
Read More »AI Stocks Surge: Can Canadian Innovators Ride the Wave to Massive Gains?
The artificial intelligence (AI) sector is sparking a frenzy in global markets, with chipmakers like AMD outpacing Nvidia in one-month gains and Micron Technology doubling since April, signaling robust demand for AI infrastructure. Meanwhile, Canadian AI stocks are quietly carving out their own path, with companies like WELL Health Technologies …
Read More »After Vietnam, What Could a US-EU Trade Deal Look Like?
The recent preliminary trade agreement between the United States and Vietnam has set a new precedent for global trade negotiations, offering a potential blueprint for the high-stakes talks between the US and the European Union as a critical tariff deadline approaches on July 9, 2025. The US-Vietnam deal, which includes …
Read More »Explainer: Pi In Silent Battle for Crypto Payroll Supremacy
The cryptocurrency landscape is evolving at breakneck speed, and stablecoins are emerging as a cornerstone for practical applications like payroll systems, offering stability in a volatile market. Meanwhile, Pi Coin, a mobile-first cryptocurrency with a massive global community, is carving out its own niche, aiming to redefine digital transactions. As …
Read More »USD/JPY Edges Higher as Dollar Holds Firm Despite Weak ADP Data
The USD/JPY pair posted modest gains, climbing to the 143.70 range, as the US dollar stabilized following an unexpectedly weak ADP private payrolls report. The report revealed a surprising loss of 33,000 jobs in June 2025, starkly contrasting with market expectations of a 95,000-job gain. Despite this disappointing data, the …
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