Market News

Bitcoin Shows Extremely Strong Bullish Momentum, Powering as High as $122,000; Silver Rises Very Strongly to New 13-Year High Above $39.10; Stock Markets Lower to Mixed After Trump Announces 30% Tariff on EU, Mexico

Bitcoin Briefly Trades at a New All-Time High, Trend Traders Awaiting More Decisive Breakout; Copper Remains Bullish as Trump Imposes 50% Tariff; Trump Announces 50% Tariff on Brazil, Real Reels; NASDAQ 100 Touches New High; US Dollar, Silver Bullish on Tariff Uncertainty; FOMC Minutes Show Fed Split on July Rate Cut

The Reserve Bank of New Zealand (RBNZ) maintained the benchmark interest rate at 3.25% on Wednesday. The decision was widely expected by the markets, and the New Zealand dollar is showing little movement today against its US counterpart.

Copper Futures Make Biggest Daily Rise to Record High, as Trump Threatens 50% Tariff; Trump Says 7 More Tariff Letters to be Sent Today; RBNZ Holds Rates Steady; US Dollar Firm, Trump Exhorts Powell to Cut Rate; Market Await FOMC Meeting Minutes

Reserve Bank of Australia Leaves Cash Rate Unchanged at 3.85%; Trump Unveils First Wave of Steep Tariffs; Stocks Gaining, US Dollar Loses Ground, Euro Higher on 10% Eurozone Tariff Rumor

Trump Admin Announces Sending Tariff Letters Today to Concluded Countries, Lutnick Delays Final Deadline to 1 August; Trump Threatens Extra 10% Tariff for BRICS Alignment; US Dollar Higher; Silver Falls After Testing Long-Term High

US Non-Farm Payrolls, Average Hourly Earnings Data to be Released Today; Swiss Inflation Ticks Higher; S&P 500 Index Prints New Record High, Stocks Mixed Elsewhere; US Dollar Index Continues Weak Recovery

US Dollar Bid After Making New Low Yesterday; NASDAQ 100 Falls, S&P 500 Index Trades at New All-Time High, Stocks Mixed Elsewhere; US Dollar Index Falls to New 3.5-Year Low; Trump Threatens Japan With 35% Tariff, Hints at India Deal

NASDAQ 100, S&P 500 Index Futures Reach New All-Time Highs as New Week Starts, Stocks Mixed Elsewhere; US Dollar Index Falls to New 3.5-Year Low; Trump Threatens Japan With More Tariffs Over Rice

NASDAQ 100, S&P 500 Index Futures Reach New Highs as New Week Starts, Stocks Mixed Elsewhere; Risk Sentiment Remains Strong; US Dollar Index Falls to New 3.5-Year Low; Canada Repeals Digital Services Tax, Works for USA Deal by 21st July

The United States GDP contracted by an annualized 0.5% for the first quarter of this year according to the latest figures from the Bureau of Economic Analysis (BEA) in its third and final estimate.

NASDAQ 100, NVIDIA Reach New Highs; Risk Sentiment Improves on Iran Ceasefire Holding, More US Rate Cuts Expected; Trump Likely to Get new Fed Chair in Place for Sept, or Oct.; Forex Market Sees US Dollar Index Fall to New 3.5-Year Low

NASDAQ 100 Trading Just Below All-Time High, Stock Markets Bullish, Risk Sentiment Improves on Iran Ceasefire; Powell Testifies Happy to Wait for Rate Cuts; Australian Inflation Declines to 3.5-Year Low; Bank of Japan Hints at More Aggressive Tightening

President Trump Announces Ceasefire After Symbolic Iranian Retaliation, Holding Since 7am IST; Stocks Higher, Safe Havens Lower; Crude Oil Tumbles; Markets Await Powell Testimony, Canadian Inflation

Iranian Parliament Votes to Block Strait of Hormuz, No Action Seen Yet; US Secretary Rubio Lobbies China on Strait; Iran Manages Only 1 Missile on Israel in 24 Hours; Minor Risk-On Advance as Markets Open, Gold, Crude Oil Lower