Monthly Archives: July 2025
Baker Hughes reported a drop in oil rigs to 425, while crude oil prices decreased by 0.77%
Written on July 4, 2025 at 2:19 am, by
Active rig count drops by 8; oil prices fall slightly but remain above key technical support levels.
Gold Holds Firm as Fiscal Jitters Support Prices
Written on July 4, 2025 at 1:57 am, by
Gold stabilised on Friday, heading for a 1.7% weekly gain as markets balanced upbeat U.S. jobs data with concerns over Trump’s expansive tax-and-spend bill and looming tariffs. – vtmarkets.com
US stock indices rose, led by NASDAQ, amid solid jobs data and government hiring growth
Written on July 4, 2025 at 1:49 am, by
Stocks rose as NASDAQ led gains; jobs data topped forecasts with payrolls up 147,000, unemployment 4.1%.
The US dollar strengthens, with USD/JPY approaching daily highs amidst fluctuating euro and pound movements
Written on July 4, 2025 at 1:19 am, by
The US dollar fluctuated post-payroll report; USD/JPY rose amid yield gains and stronger risk assets.
Bessent expressed confidence in handling finances while commenting on tariffs, jobs, and upcoming events
Written on July 4, 2025 at 12:18 am, by
Scott Bessent affirms tariffs aren’t inflationary, highlights trade shifts, job variability, and optimism on capital spending.
Bessent doubts CBO forecasts, confident US GDP growth will outpace the deficit and anticipates tax vote
Written on July 3, 2025 at 11:48 pm, by
Bessent anticipates GDP growth outpacing the deficit; skeptical of CBO estimates; tax vote expected 1:30 PM.
Deputy Treasury Secretary Faulkender highlighted non-tariff barriers as Japan’s economic issue, CNBC to feature Bessent
Written on July 3, 2025 at 11:18 pm, by
Japan’s non-tariff barriers pose trade challenges, says Faulkender; Bessent to speak soon on CNBC.
The NASDAQ index leads US indices with a 200-point rise amid upcoming holiday trading closings
Written on July 3, 2025 at 10:49 pm, by
Major US indices climb ahead of holiday, with Russell 2000 leading weekly gains and NASDAQ hitting records.
Bostic indicated price adjustments may take over a year, noting a robust labour market and potential inflation risks
Written on July 3, 2025 at 9:49 pm, by
Higher inflation persists; Fed maintains cautious stance amid resilient labor market and uncertain trade policy impacts.
The EURUSD fluctuates after recent US jobs data, while USDJPY maintains most of its gains
Written on July 3, 2025 at 8:49 pm, by
EURUSD recovers post-jobs report, while USDJPY holds gains; mixed data complicates rate outlook amid volatility.
