Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
Ireland Limits Planned Trade Ban on Israeli Settlements to Goods Only 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
US Signals Openness to New Trade Deal as Brazil Shows Willingness, Says USTR Greer 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
As traders brace for another pivotal session on Monday, July 7, 2025, several critical U.S. economic updates could influence market direction. Investors will closely monitor the Commodity Futures Trading Commission’s (CFTC) weekly Commitments of Traders (COT) report at 3:30 PM ET, offering insights into speculative positions in key futures markets. S&P 500 futures saw a previous net short position of -144.8K, while the Nasdaq 100 held a bullish 16.5K. Gold and crude oil futures showed strong speculative interest, with prior readings at 195.0K and 233.0K, respectively. Copper (29.4K), silver (62.9K), and soybeans (55.9K) also reflected bullish sentiment, while natural gas (-93.8K), wheat (-71.2K), and corn (-130.6K) positions pointed to continued bearish bets.
Also at 3:30 PM ET, aluminum speculative positions will be reported, with the previous reading at 0.7K. These data points provide valuable indicators of risk appetite and hedge fund positioning.
At 4:30 PM ET, the Federal Reserve’s latest balance sheet update will shed light on monetary policy trends, with the prior figure at $6.622 trillion. Reserve balances with Fed banks, previously at $3.347 trillion, will also be released, offering clues on liquidity conditions in the banking system.
Earlier in the day, the Conference Board’s Employment Trends Index, due at 10:00 AM ET, will give a composite view of labor market momentum. Meanwhile, Treasury will auction 3-month and 6-month bills at 11:30 AM ET, with previous yields at 4.250% and 4.150%, respectively, signaling short-term borrowing costs and investor demand for government securities.
With markets highly sensitive to macro signals, these releases could trigger volatility across equities, commodities, and bonds. Traders are advised to stay alert.
