{"id":116174,"date":"2025-07-03T02:54:47","date_gmt":"2025-07-02T22:54:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=116174"},"modified":"2025-07-03T02:55:37","modified_gmt":"2025-07-02T22:55:37","slug":"market-movers-us-session-nfp-and-key-data-to-steer-markets-and-assets-on-july-3","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-movers-us-session-nfp-and-key-data-to-steer-markets-and-assets-on-july-3\/07\/03\/market-updates\/","title":{"rendered":"Market Movers- US Session: NFP and Key Data to Steer Markets and Assets on July 3"},"content":{"rendered":"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\u2019s 139,000, and an unemployment rate ticking up to 4.3% from 4.2%, the NFP could significantly impact financial markets. <br \/><br \/>A weaker-than-expected report, following June\u2019s ADP private payrolls drop of 33,000 against a projected 99,000 gain, may signal a cooling economy, boosting expectations for Federal Reserve rate cuts. This could weaken the US dollar, with the dollar index already volatile above 97.00, and lift safe-haven assets like gold, hovering near $3,350 per ounce.<br \/><br \/>The NFP\u2019s influence extends to equities, with a soft report potentially pressuring the Nasdaq and S&#038;P 500, which rose 0.7% on Wednesday amid trade optimism. Factory orders and the US trade balance, key for assessing manufacturing and trade tensions, will also move markets. With US-EU talks nearing a July 9 deadline and a US-Vietnam deal easing tariffs on electronics, a wider trade deficit could weigh on the dollar and bolster EUR\/USD, now below 1.1800, or USD\/JPY, near 144.00.<br \/><br \/>The S&#038;P Global Services PMI and ISM Services PMI, reflecting the service sector\u2019s health (over 70% of US GDP), are pivotal for equity valuations, particularly tech-heavy indices. Weekly initial jobless claims will signal labor market trends, impacting bond yields, with 10-year Treasuries at 4.292%. Higher yields could pressure gold and silver, the latter above $36.00 per ounce, while supporting the dollar. <br \/><br \/>WTI crude, past $66.00 per barrel despite rising US inventories, may face volatility if trade talks falter. President Donald Trump\u2019s dismissal of a near-term Japan deal adds uncertainty, potentially strengthening the yen as a safe-haven. As markets brace for these releases, volatility in currencies, equities, and commodities is expected to spike.","protected":false},"excerpt":{"rendered":"<p>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\u2019s 139,000, and an unemployment rate ticking up to 4.3% from 4.2%, the NFP could significantly impact &hellip;<\/p>\n","protected":false},"author":13,"featured_media":52958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,37,36],"tags":[],"class_list":["post-116174","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=116174"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116174\/revisions"}],"predecessor-version":[{"id":116179,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/116174\/revisions\/116179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52958"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=116174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=116174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=116174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}