July 3, 2025
Gold rises as weak ADP employment data strengthens rate cut bets
Gold prices firmed as weaker-than-expected jobs data fueled hopes of the U.S. Federal Reserve cutting rates sooner than anticipated, while investors also awaited the upcoming non-farm payrolls report for further cues on monetary policy.
Read More
July 2, 2025
Fed rate cut bets rise after Powell doesn’t rule out July
Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair Jerome Powell, asked if July was too soon to consider rate cuts, said he “can’t say” but that the decision would depend on the economic data.
Read More
July 2, 2025
Dollar gains ground against major peers
The U.S. dollar gained ground against major currencies including the euro and the Swiss franc after data showed a better-than-expected increase in labor market demand, indicating the Federal Reserve will likely take its time to cut interest rates.
Read More
July 2, 2025
Oil settles up on signs of strong demand
Oil prices edged higher as investors took stock of positive demand indicators, while also treading cautiously ahead of an OPEC+ meeting to decide the group’s August output policy.
Read More
July 1, 2025
Sterling posts biggest quarterly jump in more than two years
Sterling was on track for its biggest quarterly rise against the dollar in more than two years on Monday, aided by weakness in the dollar across the board and optimism over a trade deal between the United States and Britain.
Read More
July 1, 2025
Strategy buys $531M of Bitcoin
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices. Strategy acquired 4,980 Bitcoin for $531.1 million
Read More
