Economic Data
ISM Services PMI (July): Expected at 51, with the previous at 48.8, markets are watching for any signs of recovery in the service sector.
Non-Farm Payrolls (July): The U.S. added 114K jobs, below the forecasted 190K, indicating a potential slowdown in economic growth.
Major Currency Pairs
EUR/USD: Trading at 1.0933, slightly up by 0.20%. The euro is showing some strength as the dollar softens.
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GBP/USD: Currently at 1.2797, with a slight dip of 0.09%. The pound has faced minor losses.
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USD/JPY: Trading around 143.21, down by 2.24%. The yen strengthens as investors seek safer assets.
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Commodities
Gold: Gold prices are near $2,360, as investors hedge against potential market volatility amid upcoming central bank meetings (markets.businessinsider.com).
Oil: WTI crude is holding steady around $82.50 per barrel, as market participants anticipate further OPEC+ policy updates.
Political and Economic News
No significant political or economic events have directly influenced the market today. However, attention remains on central banks’ upcoming decisions, which could drive markets later in the week (markets.businessinsider.com).