Author: FX
The jobs report is pulled to Thursday for the July 4 holiday. After last week’s hot PCE faded the dollar, here’s the scenarios to watch. Source link
As Supreme Court’s term nears its end, three major Trump rulings due Source link
Answer Capsule: Bitcoin spot is still in a bearish lower-value reset after the June 24-25 liquidation. Buyers are showing real absorption near $58,000-$59,750, but BTC has not yet reclaimed $60,750-$61,000 or the stronger $61,750-$62,250 repair zone. My active spot-adjusted score is -3 / +10.Key takeawaysActive BTC score: -3 / +10, replacing the prior futures-only blended 0 / +10.Market state: Bearish lower-value reset with early absorption, not confirmed accumulation.Main tactical resistance: $60,750-$61,000 is the first escape gate from the lower balance.Stronger repair zone: $61,750-$62,250 needs to be reclaimed before the bullish case becomes more credible.Key support and absorption zone: $58,000-$58,400 remains…
A look at the forces pushing bitcoin below $60,000, from rising rate-hike expectations to persistent ETF outflows, and the events that could decide the next move. Source link
Death toll in Venezuela quake tops 1,400 as rescue efforts intensify Source link
The framework called every asset’s direction correctly this week — yet the force that actually moved markets, a selloff in the priciest tech and AI names, was on neither the calendar nor the conflict map. We score each scenario, walk the dollar, gold, stocks, oil, and Bitcoin, and turn the hot-PCE-dollar-fade into a lesson. Source link
Rate hike fears, a Korean chip rout, and an Iran escalation broke a key support level. Here’s what needs to happen for buyers to take it back. If you trade the Nasdaq 100 through QQQ, futures, or CFDs, here’s a closer look at what drove this week’s move and what could matter most next week. The Nasdaq 100 closed lower four of five sessions this week. A semiconductor-led selloff drove most of the damage, with rate hike concerns adding to the pressure throughout. Source link
If you trade XAU/USD, gold CFDs, gold futures, or gold ETFs, here’s a deeper dive into what moved gold this week and what to watch going into next week. Gold entered this week with three straight weekly losses. A 60-day Iran ceasefire agreed Monday gave gold a brief lift before continued repricing of Fed tightening expectations sent the dollar to a one-year high, and pushed gold through $4,000 for the first time since November 2025. Source link
FedEx reported earnings this week and it’s a company worth watching because freight demand is a great proxy for economic activity. Here is Brie Carere, EVP & Chief Customer Officer:“I was concerned a quarter ago that we maybe would see some demand destruction. That has not at all been the case.”Raj Subramaniam, President & CEO“We are growing revenue in the most premium segments of the global economy.”Combined, these two quotes highlight what is going on in the global economy and particularly in the US. Growth is surprisingly resilient to shocks like Trump’s tariffs and the Iran war. That’s a very…
Iran says it hits US-linked targets as Bahrain reports drone attack Source link