Market News US ADP data fell short of expectations; Warsh said inflation expectations and inflation risks have both declined in recent weeks!
Markets News
US ADP data fell short of expectations; Warsh said inflation expectations and inflation risks have both declined in recent weeks!
2026-07-02 08:30:00
Hot spot tracking
- Meta is reportedly planning to sell its excess AI computing power. This news is positive for Meta.
- The World Gold Council predicts that gold prices may trade around $4,100 this year. This news is bullish for gold.
- US ADP employment increased by 98,000 in June, the lowest increase since March and below market expectations of 118,000. This news is positive for the US dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▲0.04% 1.13827 1.1378 GBP/USD ▲0.07% 1.32828 1.32731 AUD/USD ▼-0.16% 0.68833 0.6894 USD/JPY ▼-0.05% 162.475 162.552 GBP/CAD ▲0.20% 1.88858 1.88476 NZD/CAD ▲0.12% 0.80689 0.80591 📝 Review:On Wednesday, Federal Reserve Chairman Walsh said that inflation expectations and inflation risks have eased in recent weeks. The dollar index rose initially but then pared gains, ultimately closing up 0.25% at 101.39; the benchmark 10-year Treasury yield closed at 4.458%, and the 2-year Treasury yield, which is sensitive to the Fed's policy rate, closed at 4.183%.🕵️ Operation suggestion:USD/JPY 162.536 Buy Target Price 162.980
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.35% 4048.26 4033.99 Silver ▼-0.66% 58.881 59.275 📝 Review:Gold rose 0.59% to $4,031.29 per ounce as weaker-than-expected US ADP employment data and comments from Walsh about declining inflation pushed down US Treasury yields; spot silver ultimately rose 0.92% to $59.11 per ounce.🕵️ Operation suggestion:Gold 4042.20 Sell Target Price 3945.08
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▼-0.47% 67.718 68.037 Brent Crude Oil ▼-0.32% 70.984 71.213 📝 Review:Trump stated that the talks in Qatar were progressing well, and optimism surrounding the US-Iran negotiations eased market concerns about oil supply. WTI crude oil ultimately closed down 2.68% at $68.03 per barrel; Brent crude oil ultimately closed down 3.05% at $71.16 per barrel.🕵️ Operation suggestion:WTI Crude Oil 67.873 Sell Target Price 67.280
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▼-0.48% 29688.45 29830.3 Dow Jones ▼-0.10% 52190.9 52244.9 S&P 500 ▼-0.20% 7466.05 7481.05 US Dollar Index ▲0.02% 101.3 101.28 📝 Review:U.S. stocks closed down 0.02%, the S&P 500 down 0.2%, and the Nasdaq down 0.66%. Nvidia (NVDA.O) fell 1%, Micron Technology (MU.O) fell 10.5%, SanDisk (SNDK.O) fell 10.6%, AMD (AMD.O) fell 6.8%, and Meta (META.O) rose 8.8%. The Nasdaq China Golden Dragon Index surged 2.9%, and Alibaba (BABA.N) rose 2%.🕵️ Operation suggestion:Nasdaq 100 29757.750 Sell Target Price 29127.361
Calendar
- 20:30 (GMT+8): US June Unemployment Rate
- 20:30 (GMT+8): US June seasonally adjusted non-farm payrolls
- 20:30 (GMT+8): US Initial Jobless Claims for the Week Ending June 27
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