• US copper hits fresh all-time highs

• Trump announces 50% tariffs on copper imports 

• Prices firmly bullish on D1, but RSI overbought 

Copper futures in New York surged to records on Tuesday after Trump announced a higher-than-expected 50% tariff on copper imports. 

Prices jumped as high as $5.818, pushing 2025 gains to more than 36%.

• Trump extends tariff pause from July 9th  to August 1st

• Markets stabilize on trade deal hopes

• USDInd forecasted to move ↑ 0.3% or ↓ 0.2% post Fed

• XAUUSD ↓ over 1% ahead of Fed minutes

• Saturday, July 5th: OPEC+ meeting may rock oil benchmarks

• Tuesday, July 8th: Will RBA rate cut trigger AUDUSD selloff?

• AUDUSD has 74.2% of trading within 0.6472 – 0.6646 over 1-week period

• Wednesday, July 9th: US dollar vulnerable to Trump’s tariff deadline 

• Senate passes Trump’s tax bill, next obstacle – House Republicans

• USDInd ends H1 ↓ 10%+, worst performance in over 50 years 

• Gold rebounds on dollar weakness & Fed cut bets 

• US economy expected to add 110,00 jobs in June 

• EURUSD ↑ 3% MTD, trading near 4-year highs 

• ECB forum in Sintra + key EU/US data = fresh volatility? 

• EURUSD forecasted to move ↑ 0.3% or ↓ 0.7% post NFP 

• Bloomberg FX model: EURUSD has 75% of trading within 1.1557 – 1.1880 over 1-week period

• Technical level: 1.1700

• Trump set to resume nuclear talks with Iran next week 

• Dollar hits lowest since March 2022 on rising Fed cut bets 

• Global equities rally amid risk-on mood, NAS100 hits all-time high 

• Gold waits for key US PCE report on Friday 

• Risk-on mood returns on fragile Israel-Iran truce 

• Oil prices tank almost 15% as supply fears ease, gold dims, dollar sinks 

• Equities stage sharp rebound, Bitcoin closes above $105,000

• Geopolitical risks mount as US joins Israel-Iran conflict 

• Brent opens almost 6% higher supply disruption fears 

• Bitcoin sheds over 4% from Friday, dipping below $100,000

• Risk-off mood may boost – USD, JPY, CHF & Gold 

• FXTM’s US500 ↑ 1% MTD, less than 3% away from ATH 

• Trump delays decision on Iran strike by two weeks

• Powell’s testimony + US PCE = potential breakout?

• US PCE forecasted to move US500 ↑ 1.3% or ↓ 1.0%

• Technical levels: 6060, 6000 & 5920 

• BoJ, Fed & BoE leave rates unchanged 

• Israel-Iran conflict grips global sentiment 

• Fed still sees 2 rate cuts in 2025 

• USDInd & Gold gain on risk-off mood

• Oil gains over 5% this week on supply risk