Market Update

Market Outlook Supported by Trade Talks and Supply Disruptions Oil prices edged higher on Friday, buoyed by positive sentiment surrounding U.S. trade talks and the potential for increased oil demand, despite concerns over a possible increase in supply from Venezuela. Brent crude futures rose by 20 cents, or 0.29%, to …

Consumer Confidence Falls as UK Faces Economic Uncertainty Consumer confidence in the UK took a hit in July, according to data released by GfK on Friday. The consumer confidence index dropped to minus 19 in July from minus 18 in June, reversing the slight improvement recorded in the previous month. …

The GBP/USD pair, often called Cable, snapped its three-day winning streak on Thursday, July 24, 2025, retreating from a high near 1.3600 to settle around 1.3500. Despite a generally bullish outlook, the pair faced headwinds after mixed economic data from the UK and US stirred market uncertainty. Thursday’s UK Purchasing …

The USD/JPY pair climbed on Thursday, July 24, 2025, tracking a rise in US Treasury yields, which share a well-established positive correlation with the pair. Closing at 146.99, up from 146.50, the pair hit a daily high of 147.00 and a low of 145.85. The uptick was fueled by a …

The EUR/USD pair took a hit on Thursday, July 24, 2025, sliding over 0.20% to hover around 1.1749 after peaking at 1.1789. Robust US economic data overshadowed the European Central Bank’s (ECB) decision to hold interest rates steady, tilting the balance in favor of the dollar. The euro, which gained …

The interplay between US stocks and cryptocurrencies like Bitcoin has become a captivating dynamic for investors, with a correlation coefficient of roughly 0.67 signaling a meaningful connection. As of July 25, 2025, Bitcoin trades at $118,420, down 0.33% in the last 24 hours, with a market cap of $2.35 trillion …

US stock markets displayed a mixed performance on Thursday, July 24, 2025, as robust corporate earnings fueled gains in technology and telecom sectors, while tariff uncertainties and disappointing results in other industries weighed on the broader market. The S&P 500 eked out a 0.07% gain, securing its fourth consecutive record …

European stock markets closed higher on Thursday, July 24, 2025, buoyed by the European Central Bank’s (ECB) decision to maintain interest rates and growing optimism over a potential US-EU trade deal that could ease punitive tariffs, particularly on steel. The pan-European STOXX 600 index gained 0.24%, marking its second consecutive …

Gold prices took a hit on Thursday, July 24, 2025, sliding over 0.50% during the North American session as strong US labor market data overshadowed weakening manufacturing activity and lingering trade concerns. Trading at $3,373 after peaking at $3,393, the XAU/USD pair reflected a tug-of-war between bullish safe-haven demand and …

On Thursday, July 24, 2025, the US Dollar found its footing after a turbulent midweek drop, bolstered by renewed optimism in global trade and heightened anticipation surrounding US President Donald Trump’s visit to the Federal Reserve. The US Dollar Index (DXY), which measures the Greenback against a basket of six …