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    4 July 2025
    The Hong Kong Monetary Authority has intervened, purchasing HKD to stabilise its value against the USD

    HKMA intervenes as Hong Kong dollar hits weak limit, maintaining peg through currency board and liquidity actions.

    4 July 2025
    A robust US Nonfarm Payrolls report caused a 0.80% decline in gold prices, impacting expectations

    Gold dips as strong US jobs data boosts Dollar, dampening rate cut hopes and pressuring metal prices.

    4 July 2025
    Trump plans to send letters detailing trade tariffs, finding it simpler than securing agreements while noting no progress with Putin

    Trump to dispatch tariff letters Friday; reports no progress with Putin on Iran and Ukraine discussions.

    4 July 2025
    US non-farm payrolls exceeded expectations, while markets responded with mixed reactions across currencies and commodities

    US payrolls exceeded forecasts; jobless claims fell. Markets rose, crude dipped, gold declined, USD strengthened.

    4 July 2025
    The economic agenda in Asia appears relatively quiet due to the US holiday affecting interest

    Light data day; Japan’s household spending in focus as US holiday quiets global markets, guiding analysis.

    4 July 2025
    Oil declines on Friday but shows a weekly increase as OPEC+ meeting looms ahead

    Oil prices rise ahead of OPEC+ meeting; supply concerns and technical patterns influence market sentiment and outlook.

    4 July 2025
    Bessent anticipates at least 100 nations will implement a 10% reciprocal tax amid ongoing negotiations

    About 100 countries aim to adopt a 10% minimum tax, though key negotiations remain uncertain.

    4 July 2025
    Baker Hughes reported a drop in oil rigs to 425, while crude oil prices decreased by 0.77%

    Active rig count drops by 8; oil prices fall slightly but remain above key technical support levels.

    4 July 2025
    US stock indices rose, led by NASDAQ, amid solid jobs data and government hiring growth

    Stocks rose as NASDAQ led gains; jobs data topped forecasts with payrolls up 147,000, unemployment 4.1%.

    4 July 2025
    The US dollar strengthens, with USD/JPY approaching daily highs amidst fluctuating euro and pound movements

    The US dollar fluctuated post-payroll report; USD/JPY rose amid yield gains and stronger risk assets.

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