📉 Wall Street & Europe Cool Off
US index futures retreat slightly after Tuesday’s gains — US500 slips -0.2%. European futures are also edging lower.
💥 Bitcoin Hits New High
BTC briefly touched an all-time high of $111,900 amid rising risk appetite, before pulling back to $111,000.
💵 Dollar Weakens, Euro Gains
USD Index dips -0.12% to 97.00, while EUR/USD climbs to 1.1740.
🇺🇸 US 10Y yields fall below 4.34%, still up 12 bps from end-June.
🇧🇷 Trump Targets Brazil
Donald Trump imposes a 50% tariff on Brazil, citing its restrictions on US tech firms. The Brazilian real slides in response.
📈 Gold Shines Bright
XAU/USD rises nearly 0.3%, leading gains in precious metals.
🛢️ Oil & gas remain steady — NatGas trades near $3.20/MMBtu with low volatility.
🚗 US–EU Auto Deal in Progress
Brussels and Washington are negotiating a trade pact to shield the EU auto industry. Key points:
• Lower tariffs
• Import quotas
• Export credits linked to EU car sales in the US
🇺🇸 The aim: reach a draft before Trump unveils broader tariffs.
🇪🇺 The EU wants to avoid painful duties that could hurt its carmakers’ global edge. Sources say Washington’s stance has recently softened.
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🌅 Morning Market Update | 10.07.2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.