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📈 SNP500 Hits New Highs: The index is up 8.40% in 2025, recently being supported by strong performances from Alphabet, NVIDIA, Broadcom, and JP Morgan.
💼 Alphabet Earnings Boost Sentiment: Revenue, EPS, and cloud growth exceeded expectations, though high AI spending raised concerns over ROI.
🏦 Tech and Bank Stocks Lead Gains: Major contributors like NVIDIA and Broadcom lifted the index as investors responded positively to earnings and the US-Japan trade deal.
📊 Bullish Trend Holds but Needs Momentum: Technical indicators show continued strength, though traders await renewed buying pressure near key support levels.
🇫🇷 French and German PMI Data: Purchasing Managers’ Indexes read as per projections and higher than the previous month. Investors now turn to UK and US data.
📉 VIX and Put-Call Ratio Drop: The VIX Index and the Put-Call Order Ratio continue to fall, indicating the market continues to hold high investor sentiment.
💵 Treasuries Sold as Risk Appetite Grows: Investors are selling US Treasuries as risk appetite grows, with yields rising amid upbeat stock sentiment.
💱 Top Performing Currencies: The best performing currencies of the day are the Australian Dollar, US Dollar and New Zealand Dollar. New Zealand's international trade volumes are growing strongly.
📉 Worst Performing Currencies: The worst performing currencies of the day are the Euro and British Pound, which are retracing after gains from previous days.
🪙 Gold Slips Again: The price of Gold continues to decline during this morning’s sessions, keeping to the bearish trend from Wednesday.
Trump’s ‘massive’ U.S.–Japan agreement slaps 15% tariffs on exports—Nikkei 225 rises 4.5%. Trade flows are shifting fast. Are your positions?
Trade smarter with real-time news insights!
📈 Gold entered a confirmed bullish trend, forming three higher highs driven by strong momentum from July 21st.
💬 The Fed takes a dovish turn, as comments from Governor Waller and uncertainty weaken the Dollar and increase Gold demand.
⚠️ Tariff risks and global uncertainty, including a cautious market ahead of the August 1st deadline, are fueling gold buying. Central banks are also diversifying away from the USD, adding to the demand.
📊 Technical signals remain supportive, with gold holding above key trendlines and averages. The retracement from Tuesday appears mild and could present new buying opportunities.
🌍 Reports show that global central banks, particularly China, Russia, Turkey and BRIC nations, continue to increase their exposure away from the US Dollar.
📉 The US Dollar retraces slightly higher on Tuesday, but the market remains concerned that the US Dollar will continue to decline in the longer term.
🚀 The NASDAQ and S&P 500 increase in value as the market prepares for the Alphabet and Tesla earnings reports.
📈 Alphabet and Tesla are due to release their report tomorrow after the market closes. Alphabet stocks rise 3.04% as the report approaches, while Tesla falls 0.57%, indicating current market expectations.
💱 The US Dollar is currently the best-performing currency of the day with a slight gain. The worst-performing currencies are the New Zealand Dollar and Japanese Yen.
📈It’s time to gear up for a power-packed week: from key economic indicators to high-impact events, we’ve got everything you need to trade smarter and make informed decisions.
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👇 What are your thoughts?
📈 Wall Street Hits New Highs
US stocks surged again as strong retail sales and jobless claims data boosted market confidence. The Nasdaq rose 0.74% to a record 20,884, while the S&P 500 hit 6,297. Solid earnings and fading fears about Powell's job security added fuel to the rally. FOMO was in full force!
💻 Tech Stocks & Crypto Soar
Lucid exploded +36%, TSMC posted record profits, and Nvidia continued its climb. Crypto also rallied after Congress passed the stablecoin bill, adding optimism to the digital space.
🗳 Japan’s Pivotal Election Ahead
Markets are tense ahead of Japan’s upper house election. A loss for PM Ishiba’s coalition could lead to policy shifts, BOJ easing, and volatility in the yen and Japanese stocks.
💴 JGB Yields Hit Record Highs
30-year bond yields jumped to 3.20%, and the yen slid. Investors fear more debt issuance if opposition parties calling for tax cuts and stimulus gain ground.
🛢 Oil Extends Rally
Brent nears $70 and WTI holds close to $68 as tight supply and strong US data lift crude. Diesel shortages in Europe and the US are also pushing prices higher.
📉 Backwardation Signals Tight Supply
Futures remain in backwardation, showing strong near-term demand even as OPEC+ ramps up output.
₿ Bitcoin Eyes $162K
Experts now forecast BTC to hit $162,000 this year, with highs potentially reaching $250K. The rally is supported by ETF demand, favourable regulations (like the EU’s MiCA), and growing institutional interest.
📊 U.S. Inflation Data Sparks Market Jitters
📈 The June CPI rose 0.3%, while core CPI cooled to 0.2%, offering mixed signals to investors.
📉 Fed rate cut odds for September slipped to 60%, down from 68% earlier in the week.
💸 Treasury yields surged, with the 10-year hitting 4.495%, the highest since mid-June.
💻 Nasdaq hit a new record, powered by a strong AI-driven tech rally.
🔥 Tariff-driven price pressures are building, raising concerns for PCE inflation.
🇬🇧 UK inflation unexpectedly accelerated to 3.6% y/y, putting pressure on the BoE. BoE’s Mann warned that job worries are pushing households to save, dragging on retail.
🌏 Asian markets tumbled, led by losses in South Korea and Australia, while Taiwan tech stocks outperformed.
💱 The dollar climbed to a 3-month high against the yen after the CPI print.
🛢 Brent crude hovered near $69 despite inventory build-ups, supported by summer demand.
🥇 Gold rebounded to $3,338 as safe-haven demand grew on trade war fears.
📉 Bitcoin edged up 1% after a sharp pullback from its recent all-time high.
👀 Markets now await U.S. producer price data and more big bank earnings this week.
📈 European stocks inch higher as auto and tech sectors lead gains, supported by hopes of easing trade tensions between the US and EU.
🗣 President Trump signaled openness to negotiations with European officials, despite earlier threats of 30% tariffs on EU imports from August 1.
📉 Asian markets mostly declined, weighed by concerns over the impact of US tariffs on regional exports and slowing Chinese GDP growth.
📊 Eurozone industrial output data for May and Germany’s ZEW Economic Sentiment for July are due today and could shape regional sentiment.
📅 US inflation data (CPI) and the start of earnings season will be key drivers for Wall Street, with major banks like JPMorgan set to report.
🪙 Bitcoin surged to a new record high above $122,000, fueled by optimism over crypto-friendly legislation being debated in the US Congress this week.
🏦 Gold rebounded as investors digested mixed signals from the US administration on global trade talks and sought safe-haven assets.
💻 NVIDIA is expected to resume sales of its H20 chips to China, following regulatory approval and recent discussions with the White House.
📌 Markets remain cautious, with potential volatility ahead driven by data, earnings, and geopolitical developments.
📢 Global Markets Update
🇪🇺 The European Union has prepared tariffs worth €21B ($24.5B) on U.S. goods if no deal is reached, Italy’s Foreign Minister Tajani revealed.
🇺🇸 President Trump has threatened a 30% tariff on EU and Mexico imports starting August 1, after trade negotiations failed to deliver results.
🇨🇳 China ended H1 with a record $586B trade surplus, as exports to the US began to stabilise. 📦 June exports rose 5.8% YoY to $325B, while imports grew 1.1%, marking the first monthly rise since February.
🥈 Silver is trading near a 14-year high, boosted by demand from investors seeking alternatives to gold and concerns over possible US metals tariffs. ⚠️ Borrowing costs for silver surged above 6%, reflecting tight market conditions.
🛡 The metal is up 35% YTD, outpacing gold’s 28%, supported by its dual role as a haven and industrial asset.
💰 Bitcoin has hit a new record high of $122,000!🔥The world’s leading crypto is up 29% in 2025, with three straight days of record highs showing strong market momentum.
📊 Stocks are hovering near record highs, but last week’s flood of trade news kept investors alert.
📅 A packed week ahead features key inflation data and earnings from major players.
📈 The CPI report on Tuesday will be crucial for the Fed’s next interest rate decision, just under two weeks away.
🏦 All major U.S. banks are reporting earnings, with a focus on IPOs, M&As, and Wells Fargo’s regulatory relief.
🎬 Netflix (NFLX) kicks off tech earnings, while ASML and TSM will offer updates on the AI chip boom.
🥤 Other names to watch: PepsiCo (PEP), United Airlines (UAL), and American Express (AXP).
📈 Gold Rises on Safe-Haven Demand. Gold gained as investors reacted to rising trade tensions and market volatility.
📊 According to HSBC, they expect an average price for Gold of $3,215 in 2025 (up from $3,015) and $3,125 in 2026, with projections showing a volatile range between $3,100 and $3,600.
🇨🇦 Canada Tariffs Spark Concern. A 35% tariff on Canadian imports drew attention due to Canada’s key trade role.
💵 Fed Dovish Shift Supports Gold. Growing expectations of rate cuts and Trump’s push for a 3% cut boosted the gold outlook.
🚀 Gold Eyes Breakout Above $3,337.5. Price is consolidating; a move above $3,337.50 could trigger new buy signals.
💲 The best performing currency of the day is the US Dollar, which is reacting to the lower risk appetite. The worst performing is the Japanese Yen which continues to come under pressure from tariffs and a delayed rate hike.
📉 The VIX trades 2.50% higher, indicating a low risk appetite. The Put/Call Ratio also rises, supporting this. All global indices decline.
🌏 Asian indices are currently the worst-performing followed by EU indices. The poor price movement is largely due to tariffs, but traders should note the upcoming earnings season starting next week.
📉 Gold's price is falling. Strong US jobs data and Dollar strength drive this. Low rate cut expectations also contribute.
🛡️ Geopolitical risks and new US tariffs could spark a Gold rally. This depends on ‘risk-off’ sentiment.
🔺 Gold's technical charts show a symmetrical triangle pattern. The price is near its support level. Trend indicators are still bearish.
⚠️ Despite Trump's tariff extensions, market caution persists. No full agreements are made with Korea, Japan, or the EU.
🏦 The RBNZ holds its cash rate at 3.25%. The Governor awaits more data before the next move.
📈 AUDJPY increased today. This continues yesterday's trend as the RBNZ kept rates unchanged.
🏭 Copper increased by 18%. President Trump announced potential 50% tariffs on it. Tariffs on semiconductors and pharma are also mentioned.
🇦🇺 The Australian Dollar is the day's best currency. The Swiss Franc and Japanese Yen are the worst.
📊 VIX trades lower, indicating ‘risk-on.’ However, the put/call ratio hints at potential market swings.
📝 Investors await FOMC minutes. Clues on future US monetary policy are expected. Rate cuts before November seem slim.
Uncover the most crucial economic indicators and high-stakes events happening this week with our economic calendar.
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The GBPCHF continues its strong bearish trend for a fourth consecutive week, reaching its lowest price since April 17th. HFM's Market Analyst, Michalis, will provide an in-depth analysis of the main driving factors behind this trend and explore potential technical analysis signals that may emerge.
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💶 The Euro continues to be the best-performing currency of 2025, driven by strong fiscal policy, investor hedging flows, and Dollar weakness.
🏦 The ECB held rates at 2.15% but signalled more interest rate cuts in 2025. Euro strength is yet to become an issue for the ECB, but they are monitoring it, according to Lagarde.
📊 The German IFO Business Climate Index fell below expectations but has a minimal impact on the EUR.
💴 The Japanese Yen fell Friday as officials confirmed a 10/90 profit split with the US under the $550B tariff deal. The Tokyo CPI rate also fell slightly below expectations, slightly pressuring the Yen.
🇨🇦 Canadian officials signalled that major pension funds may increase US investments as leverage in ongoing trade negotiations with the Trump administration.
📈 US Indices continued to increase in value on Thursday, but all indices retraced on Friday, giving in some of the recent gains.
🇩🇪 The German DAX falls 0.85% during the day’s trading session. The key support level can be seen at 23,969.00.
🤝 The UK and India signed a trade deal after negotiating for 3 years. The new FTA is valued at £4.8 billion and has been widely applauded across aerospace, financial services, food, and automotive sectors.
🛍️ The UK’s Retail Sales for June rose 0.9% partially correcting the decline witnessed in May, but still reads below expectations. The GBP Index trades 0.30% lower.
💵 The US Dollar is the best-performing currency of the day so far. Investors turn their attention to this afternoon’s US Durable Goods Orders.
💻 Tech-traders turn their attention to July 30th and 31st as 4 of the ‘magnificent seven’ will release their earnings reports: Microsoft, Meta, Apple and Amazon.
Join our Live Market View to see if the ECB will hold steady or signal future cuts.
With recent comments from Schnabel and Nagel highlighting a high bar for further easing, the central bank is likely to stay on hold for now. But what about the doves? Will Lagarde keep the door open to more cuts later in the year?
Don’t miss our expert insights. 🚨
Watch the full analysis today at 12.15 GMT.
📈 President Trump confirmed a trade deal with Japan, reducing proposed tariffs from 25% to 15%. This is sparking a 4.45% surge in the Nikkei 225 which rises to its highest level in 2025.
📊 Despite the strong breakout, technical indicators show overbought conditions on small timeframes. Buy signals remain for the medium-term and traders wait for the price to break above 41240.50.
💴 A declining yen and the Bank of Japan’s six-month pause on rate hikes continue to support the Nikkei 225.
🚗 Toyota stocks increase more than 14% and Japan’s car industry rebounds as a trade deal is agreed.
🌐 The Trump administration indicates that similar framework deals with the EU, U.K., Indonesia, Philippines, Vietnam, and a tariff truce with China are in the works.
💷 UK government bond yields increased after the June borrowing survey, putting upward pressure on rates, but have yet to pressure the GBP.
📊 All indices increased in value on Wednesday in response to the US–Japan trade deal. The best performing indices of the day so far are the NIKKEI225, Euro Stoxx 50 and DAX.
🟢 The VIX declines 1.57% and the global High Low Index rises, indicating a ‘risk on’ appetite in the market.
💱 The best performing currencies of the day so far are the New Zealand Dollar, Australian Dollar and the Pound. The worst-performing currencies are the Japanese Yen and the US Dollar.
🥇 Gold sees a sharp increase on Tuesday but loses momentum on Wednesday due to the change in the market’s risk appetite.
📢 Investors await Alphabet's earnings report. Analysts advise that for the stock to increase in value, shareholders will need to see revenue from the AI-related products.
Get ready — it’s a big week for earnings! 🔍
From established industry leaders to emerging disruptors, major companies are gearing up to release their quarterly earnings, setting the stage for volatility, surprises, and headline-making moments.
💡 Whether you're trading or just tracking, this is the week to stay informed.
Check out our Earnings Calendar for more reports.
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📊 Asian and European markets rally, following a strong Wall Street session. Asian equities posted broad gains overnight, while European indices opened in positive territory, extending the bullish momentum. 📉 US futures remain mixed.
🇯🇵 Japan’s export-driven economy is under pressure. Japan’s Q1 GDP contracted, and with exports continuing to weaken, a second quarter contraction is likely,raising fears of a recession.
🗳 Japan heads to Upper House elections this Sunday. Falling support for PM Shigeru Ishiba's administration could shake up the ruling coalition and add further political uncertainty.
🇯🇵 Japan’s 10-year JGB yield bucked the trend, as demand for safe-haven assets increased amid trade tensions and political uncertainty.
🇬🇧 UK jobs data disappointed. The ILO unemployment rate unexpectedly rose, payrolled employees dropped again in June, while wage growth slowed, strengthening the case for a BOE rate cut in August.
🇦🇺 Australia’s unemployment rate surged to a four-year high in June, indicating a cooling job market. This adds to expectations that the RBA could cut rates in the upcoming meeting.
💵 The Dollar Index (DXY) briefly slipped below 98 after reports suggested President Trump might fire Fed Chair Powell. However, it rebounded sharply and currently trades at 98.71.
🥇 Gold prices dropped 0.4% to $3332.65/oz, pressured by a stronger dollar and rising yields.
🛢WTI crude steadies near $66.39 after recent losses, supported by tight diesel supplies in the US and Europe. ⚠️ Refining margins surged 7% this month, signalling strong diesel demand. 🚁 Drone strikes in Iraq’s Kurdistan added to geopolitical risk, spotlighting energy infrastructure vulnerabilities.
🔮 Outlook: Markets remain volatile, as traders juggle inflation risks, central bank decisions, labour data, and trade-related geopolitical developments.
Join our Live Market View for a CPI breakdown. With US inflation missing forecasts for four consecutive months, what does this mean for Gold?
Don’t miss our expert insights. 🚨
Watch the full analysis today at 13.15 GMT. |
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📈The markets are gearing up for some major moves.
Will you ride the rally or sidestep the slides?
🗓 Stay ahead as key economic events could trigger serious volatility.
👇 What are your thoughts?
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📈 The Dow Jones’ rebound will heavily depend on strong Q2 earnings from major banks like JPMorgan and Goldman Sachs. Earnings to start on July 15th.
🏦 Goldman Sachs, the Dow's most influential stock, has seen its shares rise 21% in 2025, and analysts project it will report strong Q2 earnings.
📊 The Federal Reserve is split on rate cuts, as inflation concerns weigh against arguments for cuts due to employment weakness.
📉 Despite current minor dips, the Dow's position above its moving average and positive RSI suggests potential buyer re-entry and a possible rally if it surpasses $44,398.45.
✨ As per yesterday’s post, Gold prices rebounded after coming under pressure from positive jobs data. Gold found support at the symmetrical triangle’s support level due to a weakening US Dollar.
⬇️ The worst-performing currencies of the day so far are the US Dollar and Japanese Yen.
⬆️ The best-performing are the Australian Dollar and the New Zealand Dollar.
🇯🇵 A former Bank of Japan board member Mr Sakurai, believes the regulator will take a break from the ‘hawkish’ cycle until 2026, applying significant pressure on the JPY. This can particularly be seen on the AUDJPY.
💵 The US Dollar largely comes under pressure from the FOMC’s Meeting Minutes. The possibility of a September ‘pause’ has fallen from 35% to 28% according to the FedWatch Tool. 📈 The stock market is yet to positively react to the increased possibility of a rate cut in September. However, the VIX and Put/Call ratio trades lower, indicating demand may return soon.
🇳🇿 The Reserve Bank of New Zealand kept the interest rate unchanged, but signals the potential for more interest rate cuts in 2025.
⛏️ All metals increase in value due to a weakening US Dollar, a slight risk-off sentiment and tariffs on metal concerns.
🇦🇺 RBA surprisingly held interest rates at 3.85%, despite expectations for a cut, causing the AUD to strengthen significantly.
💱 The US Dollar (USD) and Japanese Yen (JPY) are under pressure due to renewed US trade tariff threats (25% on Japan/South Korea from August 1st) and expectations of dovish US monetary policy.
📈 The best performing currencies on the day are the Australian Dollar, the Euro and the New Zealand Dollar. However, the NZD performance will depend on tomorrow’s rate decision.
⏳ The RBA needs further inflation confirmation before resuming rate cuts later this year, indicating a potential pause for 3 months.
🇳🇿 The next rate decision will be from the RBNZ tomorrow morning. If the RBNZ decides to cut as per current expectations, the AUD may find further support.
📊 The stock market rebounds during this morning’s Asian session after a significant decline the day before. The rebound is due to a slight delay in the trade policy deadline.
📉 The VIX trades 1.75% lower, indicating a ‘risk-on’ appetite for the day; however, this will depend on comments from the White House regarding its trade policy.
🚗 Tesla stocks saw a notable drop after CEO Elon Musk announced plans for a new political party (America Party), reigniting his public feud with President Trump. Tesla stocks were the worst-performing within the NASDAQ on Monday.
✨ All metals are increasing in value, including Palladium, Platinum, Silver and Gold. The weaker US Dollar continues to fuel Gold.
🛢️ While increased OPEC output pressures prices, some economists suggest the potential for higher oil prices due to stronger-than-expected economic data, particularly from the US employment sector.
🛢️ OPEC+ is increasing oil output in July and August to regain market share, leading to an initial dip in prices.
📈 Despite the output increase, a potential for bullish momentum remains due to stronger-than-expected data, especially in the US employment sector.
📜 President Trump will issue official tariff notices on July 9, with possible implementation starting August 1. While the intent is to pressure partners like the EU, India, and Japan, market uncertainty remains high.
⚠️ Upcoming global trade policy changes (July 9th deadline) could trigger a bearish market and cause oil prices to fall if new tariffs are imposed.
🧨 Ongoing geopolitical tensions surrounding Iran's nuclear program could push oil prices higher again if conflict resumes. Pantegeon advises Iran could start enriching within 6 months.
🌐 Trump advises that BRICS members are an anti-US organisation and could see the US add an additional 10% on countries which side with the BRICS cartel.
📉 US and Asian stocks trade lower during this morning’s Asian Session. However, European indices trade higher after the European Cash Open. Will US stocks also rebound after the US open?
📊 The VIX index trades higher, indicating a slight risk appetite in today’s market. However, this could change as buyers reenter the market after one and a half days of the market being closed due to Independence Day.
🏛️ The ‘Big Beautiful Bill’ reconciliation package passed the Senate (51‑50) and House (218‑214). It includes border enforcement, tax cuts, renewable energy changes, and drone funding. However, economists advise it will trigger significantly higher US debt.
⚠️ The worst performing currencies of the day are currently the New Zealand Dollar, Australian Dollar and Canadian Dollar.
📉 European markets edge lower as investors brace for the looming July 9 US tariff deadline. The STOXX 600 fell 0.4%, with mining and tech stocks leading the decline.
📩 Trump to notify countries of new US import tariffs—ranging from 20% to 30%—as the 90-day pause comes to an end. Key trading partners like the EU and Japan still lack finalised deals.
🇺🇸 Wall Street rallies to record highs, driven by a strong June jobs report and optimism over the passage of the One Big Beautiful Bill (OBBB).
📈 NASDAQ surged 1.02% to 20,601
📊 S&P 500 climbed 0.83% to 6,279
🏛 Dow Jones rose 0.77% to 44,828
📜 OBBB Act passed with a narrow 218–214 vote. It boosts the debt ceiling by $5 trillion, expands tax deductions, and blocks a major tax hike.
🛢 Oil prices dipped as Iran reaffirmed its nuclear non-proliferation stance and OPEC+ prepares to announce an output hike of 411,000 bpd.
💬 Iran and the US may resume nuclear talks, easing geopolitical tensions. Meanwhile, new US sanctions target Iranian oil smuggling and Hezbollah-linked finance networks.
📊 US dollar (DXY) spiked to 97.422 before settling at 97.168, while Treasury yields jumped on strong economic data and rising risk sentiment.
🧠 Barclays raises oil price forecast to $72 for 2025 on improved demand outlook.
🚨 Markets are at a critical crossroads—will the rally continue, or will trade tensions drag sentiment down?
Join our Live Market View as we break down the June Non-Farm Payrolls, analyse real-time market reactions, and decode what it all means for the Fed’s next move and your trades.
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Youtube Link: https://www.youtube.com/watch?v=7b7J497rtBQ
📆 June and the second quarter ended with a strong rally across Wall Street and the bond market, as investors piled in on hopes of Fed rate cuts, easing inflation, and improving trade relations.
📈 The Nasdaq hit another record high and wrapped up Q2 with a staggering 17.75% gain — its best quarterly performance since 2020. The S&P 500 crossed the 6,200 mark for the first time ever, while the Dow Jones climbed back above 44,000 for the first time since February.
📉 Treasury yields dropped to their lowest levels since early May. The 2-year yield fell to 3.715% and the 10-year declined to 4.234%, as traders increasingly priced in the potential for two Fed cuts before year-end.
💬 Markets were boosted by Canada scrapping its proposed tax on U.S. tech firms, which led to the resumption of U.S. trade talks. Hopes are now building that tariff escalations may be avoided ahead of the July 9 deadline.
🥇 Gold extended its winning streak, rising above $3,322 per ounce. It’s now up over 25% for the year, benefiting from the weaker dollar and global uncertainty. The dollar index has tumbled nearly 11% in the first half of 2025 — its worst performance since 1973.
🌏 In Asia, markets were mostly higher. China’s manufacturing and services PMIs rose to 3-month highs, boosting the Shanghai Composite. South Korea’s KOSPI gained after exports rebounded, while Australia and the Philippines posted modest gains. Japan’s Nikkei, however, fell despite a positive business sentiment survey, and Hong Kong’s market remained closed for the day.
🛢 Oil prices slipped slightly as traders turned cautious ahead of Thursday’s U.S. jobs report, which comes early due to the Independence Day holiday.
