Market Update

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 …

The UK services sector saw its fastest expansion in nearly a year in June, according to the latest data released by S&P Global. The Services Purchasing Managers Index (PMI) climbed to 52.8, up from 50.9 in May, signaling robust growth in the sector. This positive reading not only exceeded the …

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 …

Oil prices experienced a slight dip on Thursday, following a 3% gain in the previous session, as market sentiment was dampened by growing concerns over potential U.S. tariff reinstatement and anticipated production hikes by major oil producers. Oil Prices Fall Amid U.S. Tariff Concerns Brent crude futures fell 53 cents, …

Gold prices held steady in Asian trading on Thursday, following three consecutive days of gains. Investors adopted a cautious stance as they awaited key U.S. payroll data, which is expected to provide further insight into the Federal Reserve’s future policy actions. Gold Supported by U.S. Fiscal Deficit Concerns Spot gold …

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%, …

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 …

US bond yields have been rising since the start of trading on Wall Street, driven by anticipation of trade negotiation outcomes between the United States and its trading partners, as investors await remaining employment indicators due by Friday. The yield on 10-year Treasury bonds reached 4.292%, matching the previous day’s …

Richmond Federal Reserve President Thomas Barkin has warned that upcoming tariffs could fuel inflation, though consumer resistance may limit price hikes. As the US navigates trade talks, with a US-Vietnam deal reducing tariffs on electronics and textiles and a US-EU agreement looming by July 9, 2025, Barkin notes that tariffs …

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 …