Top News and Analysis

The July NFP report drops Thursday 3rd due to the July 4th holiday, with 110K jobs expected. Dive into July trends for the economic release, reactions to past major surprises and more details on why NFP is so important

02-07-2025 16:21 GMT by Elior Manier

Stock market news: Dow shines on pivot from tech stocks

Writing some hours after the New York open, U.S. equities are mixed in performance today.

02-07-2025 15:38 GMT by Christian Norman

US Stocks point to muted reaction at the Open despite big ADP Jobs miss

Markets remained calm despite a major ADP miss (-33K vs 95K expected). The S&P 500 briefly hit new highs before pulling back. Nasdaq leads losses, while Dow outperforms. Weak private hiring raises questions about Trump's policy impact, but traders await NFP for confirmation.

02-07-2025 13:30 GMT by Elior Manier

Asia mid-session: Nikkei 225 rebounds from support despite Trump’s tariff threats

Rotation out of mega-cap tech stocks dragged the Nasdaq 100 lower by -0.9%, while the Dow Jones climbed 0.9% to close just 1% shy of its record high. The shift was sparked by the Senate’s passage of Trump’s US$3.3 trillion tax and spending cut bill. In Asia, Japan’s Nikkei 225 fell on renewed tariff threats, while Singapore’s STI hit a new all-time high. Gold held firm above support ahead of key US jobs data.

02-07-2025 06:11 GMT by Kelvin Wong

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Market Wrap for the North American Session - July 1

July 1 NA Session Recap: Markets saw low volumes for a second day as Canada celebrated Canada Day, but sentiment picked up on a surprise U.S. data beat. Dow closed up 1.06%, Nasdaq down 0.83%, and Gold rallied over 1% again. Volatility expected to return Thursday with the NFP report.

01-07-2025 20:46 GMT by Elior Manier

Dow leads US Indices on strong Manufacturing PMI beat

The Dow Jones is gaining momentum, printing seven straight bullish daily candles and clearing 44,000. With improving sentiment and strong flows, it’s now eyeing the key 45,000 level—less than 1% below its all-time high of 45,060.

01-07-2025 15:55 GMT by Elior Manier

Gold surges above $3,350 again — will momentum continue?

Gold is rallying to start July, gaining over $100 in two sessions as month-end rebalancing lifted demand. Despite low holiday volumes, bearish USD flows and key technical support have reignited bullish momentum, pushing the metal back toward its recent highs.

01-07-2025 13:19 GMT by Elior Manier

Asia mid-session: Singapore’s STI hit a fresh all-time high, USD/JPY extends losses below key range support, Gold advances

US equities ended Q2 2025 on a strong note, with the S&P 500 and Nasdaq 100 hitting fresh record highs. The S&P 500 gained 5% in June and 11% for the quarter—its best since Q4 2023. In Asia, Japan’s Nikkei 225 slipped after Trump threatened new tariffs, while the Straits Times Index hit an all-time high. The US dollar weakened further, led by yen strength on upbeat Tankan data. Gold rose for a second session, buoyed by dollar softness and technical support.

01-07-2025 07:00 GMT by Kelvin Wong

Market Wrap for the North American Session - June 30

June 30 NA Session Recap – Calm session with broad USD Weakness again, Gold and Indices performing well, Canadians will be off tomorrow for Victoria Day.

30-06-2025 21:02 GMT by Elior Manier

USDCAD slips after rally as renewed US-Canada talks resume

Trump's abrupt halt to US-Canada trade talks sparked a 900-pip USDCAD spike, but markets quickly reversed as Canada dropped its Digital Services Tax, signaling a likely negotiation tactic rather than a true breakdown in talks – Explore the USDCAD Technical Analysis to view how the moves influence dynamics in the trading pair.

30-06-2025 18:40 GMT by Elior Manier

USD/CHF Outlook: Swiss franc rallies to fresh 14-year highs versus dollar

USD/CHF is down ~0.63% in today’s session, currently trading around the ~0.79378 level.

30-06-2025 17:33 GMT by Christian Norman

Seasonal flows for the month of July

Explore the July Seasonal trends – Seasonals look at the average monthly performance for different trading assets depending on which time of the year they do best or worse.

30-06-2025 16:36 GMT by Elior Manier

EC-409 An introduction to the U.S. dollar index (DXY)-HERO

What levels to watch for the US dollar as markets head into July

Dollar Index technical analysis – The first half of 2025 ends with heavy USD selling as global flows unwind from the US. With deficits ballooning and tariff risks rising, markets eye the June NFP release and July 9 deadline for clarity. Will tariffs bite, or is the Dollar due a rebound?

30-06-2025 14:47 GMT by Elior Manier

Asia mid-session: Equities rally despite stagflation fears as Canada reopens trade talks; US dollar weakness further

US stocks extended gains despite rising stagflation risks, with the S&P 500 and Nasdaq 100 hitting new all-time highs. Markets shrugged off trade tensions after Canada scrapped its digital tax and resumed US trade talks, fueling risk-on sentiment. In Asia, equities rallied, led by Japan's Nikkei 225. The US dollar weakened further, while the yen outperformed. Gold rebounded slightly from key support after a two-week selloff.

30-06-2025 06:08 GMT by Kelvin Wong

Markets weekly outlook - June US NFP, Global PMIs and German Employment

A week ahead preview: What has moved markets this week and potential triggers for volatility as markets are moving away from Israel-Iran headlines and towards the second half of 2025.

27-06-2025 20:10 GMT by Elior Manier

Gold retraces, facing headwinds as positive mood dampen its demand

Gold has pulled back over $200 from its recent highs near $3,450, failing to retest all-time highs despite strong war-driven catalysts. This loss of momentum could signal a shift in trend as markets reassess risk sentiment. Bulls must step in soon to avoid a deeper correction.

27-06-2025 15:06 GMT by Elior Manier

S&P 500 hits new all-time highs despite disappointing Core PCE report

Equities are trading just above January’s all-time highs as markets grow less reactive to Trump-related news. A potential Golden Cross signals bullish momentum, but traders await the cash open to confirm appetite for new highs. Economic data may be key for the next leg up.

27-06-2025 13:33 GMT by Elior Manier

Asia mid-session: Risk-on persists, JPY held firm, Gold extends losses to 4-week low

US stocks rallied on 26 June, led by the Nasdaq 100 hitting a fresh record high, as dovish Fed expectations fueled risk-on sentiment. Despite soft US data and looming tariff risks, markets focused on potential rate cuts, boosting global equities. The US dollar weakened further, breaking key support, while gold fell to a 4-week low.

27-06-2025 06:57 GMT by Kelvin Wong

Market Wrap for the North American Session - June 26

June 26 NA Session Recap – Broad USD weakness drove gains across major currencies and indices. Gold held firm above $3,300, while Oil rebounded modestly. Alternative metals surged, with Platinum and Palladium up over 6%. Cryptos remain flat, with Bitcoin steady above $100K.

26-06-2025 20:51 GMT by Elior Manier

What’s next for Oil after War-induced volatility fades?

Oil surged from $60 to $78 on Middle East tensions but pulled back after an Israel-Iran ceasefire. With supply risks and trade concerns still in play, traders now watch for fresh catalysts. Explore the technical outlook and key levels shaping crude’s next move.

26-06-2025 16:43 GMT by Elior Manier