Market Update

On July 1, 2025, the USD/JPY pair fell to 143.89, down from 144.62, as the U.S. dollar weakened amid fears of dismal U.S. employment data. The pair ranged from a daily high of 144.04 to a low of 143.77, signaling market jitters. Forecasts suggest June’s non-farm payrolls will drop to …

Gold’s Steady RiseOn June 30, 2025, gold futures for August delivery rose to $3,302 per ounce, up from $3,273, driven by a faltering U.S. dollar. The precious metal peaked at $3,309 and dipped to $3,246, reflecting its inverse tie to the dollar. The Dollar Index fell 0.2% to 96.87 from …

Yields Slide Amid UncertaintyOn July 1, 2025, U.S. 10-year Treasury yields dropped to 4.228% from 4.290%, hitting a daily low of 4.228% and a high of 4.287%. The decline reflects growing market expectations of at least two Federal Reserve rate cuts by year-end, fueled by forecasts of weakening U.S. employment …

Euro Surges: Dollar Woes and Stable Inflation Fuel RallyEuro’s Strong AdvanceOn June 30, 2025, the Euro climbed to $1.1776, a 0.51% gain, reaching its highest level since September 2021. This surge, largely driven by U.S. dollar weakness, overshadowed a flat German CPI, which held steady at 2% annually in June, …

WTI Stalls Amid Supply ShiftsOn June 30, 2025, West Texas Intermediate (WTI) crude oil hovered below $65.00 per barrel, paring early gains. A brief spike followed news of Prax Group’s insolvency in the UK, raising fears of reduced diesel and gasoline supply in Northwest Europe. However, attention quickly shifted to …

Trump Targets PowellOn June 30, 2025, President Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell, formally demanding lower interest rates via a handwritten note. Labeling Powell “too late,” Trump criticized the Fed’s cautious stance amid his administration’s volatile trade policies. The move follows weeks of heated rhetoric, …

Overview of the Legislative ProposalIn June 2025, President Donald Trump’s proposed tax and spending bill, dubbed the “One Big Beautiful Bill,” has emerged as a cornerstone of his second-term economic agenda. This ambitious legislation aims to permanently extend the 2017 Tax Cuts and Jobs Act (TCJA), which reduced corporate tax …

GBP/USD Holds Its GroundOn June 30, 2025, GBP/USD stayed steady at 1.3707, shrugging off hawkish remarks from Atlanta Fed President Raphael Bostic, who projected just one rate cut in 2025 and three in 2026. The UK’s Q1 GDP grew 0.7% quarter-on-quarter, its fastest pace in a year, yet signs of …

As global markets head into a holiday-shortened trading week in the U.S., several key developments are set to shape investor sentiment. The focus will be on the ongoing debate in the Senate regarding President Donald Trump’s signature tax-and-spending bill, crucial job market data due on Thursday, and Tesla’s upcoming second-quarter …

Bitcoin rose on Monday, alongside broader cryptocurrency markets, as risk appetite surged with optimism over potential U.S. trade deals and growing expectations of interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency advanced by 1% to $108,358.7 by 01:10 ET (05:10 GMT), breaking out of the trading range …