Monthly Archives: July 2025
Last week, new unemployment insurance applications in the US decreased to 227K, according to the DOL
Written on July 10, 2025 at 8:43 pm, by
US jobless claims fall to 227,000; continuing claims rise. Dollar strengthens as labor data influences markets.
The USDCAD rises after holding crucial support, with key targets identified for potential gains
Written on July 10, 2025 at 8:19 pm, by
USDCAD rises as jobless claims boost sentiment; bullish trend holds above key moving averages and support levels.
Weekly US job claims reached 227K, lower than expected, signalling challenges in the job market
Written on July 10, 2025 at 7:49 pm, by
Jobless claims fell below expectations, easing rate cut fears; continuing claims indicate job market challenges persist.
Market activity was subdued as traders awaited further updates on trade and tariffs developments
Written on July 10, 2025 at 6:49 pm, by
European markets remained calm; currencies and indices showed limited movement, while oil dipped and gold edged higher.
OPEC has reduced its global oil demand projections for 2026 to 2029, while maintaining 2030 forecasts
Written on July 10, 2025 at 5:49 pm, by
OPEC lowers near-term oil demand forecasts but still sees long-term growth, diverging from IEA’s outlook.
Awaiting the US CPI, the S&P 500 remains stable amidst lack of negative influences and prior trends
Written on July 10, 2025 at 5:19 pm, by
S&P 500 consolidates near highs; inflation data and Fed stance key to potential market direction.
In European trading, major currencies remain stable as markets digest recent tariff news and options.
Written on July 10, 2025 at 4:49 pm, by
Dollar steady in quiet trade; euro holds gains, yen supported above 146 as traders eye US data.
China maintains its stance against the politicisation of trade amidst escalating tensions over tariffs
Written on July 10, 2025 at 3:48 pm, by
China warns against politicising trade as Trump’s proposed sectoral tariffs could eventually target Chinese industries.
The JPY requires positive trade news, while USDJPY approaches resistance amid mixed wage growth data
Written on July 10, 2025 at 3:19 pm, by
USDJPY climbs toward 148.28 resistance as mixed economic signals and trade talks shape buyer-seller momentum.
European indices remain optimistic as the EU approaches a temporary agreement with the US on tariffs
Written on July 10, 2025 at 2:48 pm, by
European stocks rise amid EU-US trade talks; DAX hits record, contrasting with weaker US futures outlook.
