{"id":78190,"date":"2025-07-04T05:40:16","date_gmt":"2025-07-04T05:40:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78190"},"modified":"2025-07-04T05:40:16","modified_gmt":"2025-07-04T05:40:16","slug":"morning-update-03-07-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78190","title":{"rendered":"Morning Update | 03.07.2025"},"content":{"rendered":"<p>\ud83d\udcc9 <strong>Asia-Pacific Markets Mixed<\/strong><br \/> Chinese indices fall -0.70% to -1.20%, \ud83c\udde6\ud83c\uddfa Australia and \ud83c\uddf8\ud83c\uddec Singapore down ~0.20%, while \ud83c\uddef\ud83c\uddf5 Japan trades\u00a0flat.<\/p>\n<p>\ud83d\udcca <strong>All Eyes on U.S. Jobs Report<\/strong><br \/> \ud83d\uddd3 Nonfarm payrolls will be out <em>today<\/em> (Thursday) due to \ud83c\uddfa\ud83c\uddf8 Independence Day.<br \/> \u26a0\ufe0f The release follows the first negative ADP print since early\u00a02022.<\/p>\n<p>\ud83d\udde3 <strong>Trump vs Powell\u200a\u2014\u200aAgain<\/strong><br \/> Trump calls for Fed Chair Powell\u2019s <em>immediate resignation<\/em>.<br \/> \ud83d\udc40 Rumours swirl that Trump may have seen weak jobs data in\u00a0advance.<\/p>\n<p>\ud83d\udcc5 Powell\u2019s term ends in May 2026\u200a\u2014\u200abut he could legally stay on until\u00a02028.<\/p>\n<p>\ud83c\udfdb <strong>\u201cBig Beautiful Bill\u201d on Hold<\/strong><br \/> The House has <em>not yet voted<\/em> on Trump\u2019s signature bill.<br \/> \ud83d\uddf3 Speaker Mike Johnson leaves the vote open, struggling to build GOP unity.<br \/> \ud83d\udccc Outcome is key for Trump\u2019s economic\u00a0agenda.<\/p>\n<p>\ud83d\udcb4 <strong>BoJ Hawkish Turn<\/strong><br \/> \ud83c\uddef\ud83c\uddf5 BoJ\u2019s Hajime Takata supports resuming rate hikes, citing corporate strength and wage\u00a0growth.<\/p>\n<p>\ud83d\udcc9 <strong>Australia Trade Surplus Misses<\/strong><br \/> May: AUD 2.24B vs AUD 5.1B forecast<br \/> \ud83d\udce6 Exports -2.7% | \ud83d\udce5 Imports +3.8%<br \/> No major market reaction.<\/p>\n<p>\ud83d\udcbc <strong>Japan Services PMI<\/strong><br \/> June final: \ud83d\udcc8 51.7\u200a\u2014\u200athird month of expansion.<br \/> \ud83d\udcca Sentiment at 4-month high, though export growth\u00a0slows.<\/p>\n<p>\ud83d\udec3 <strong>S. Korea\u2013U.S. Tariff Talks Struggle<\/strong><br \/> \ud83c\uddf0\ud83c\uddf7 President Lee: Talks are \u201cvery difficult.\u201d<br \/> \ud83e\udd1d Seeks practical deal by July 8\u200a\u2014\u200abut chances look\u00a0slim.<\/p>\n<p>\ud83d\udd25 <strong>N. Korea\u2013Russia Military Pact<\/strong><br \/> \ud83e\ude96 Up to 30,000 DPRK troops may be sent to \ud83c\uddf7\ud83c\uddfa Russia\u200a\u2014\u200adeployment could begin <em>as early as July\u2013August<\/em>.<\/p>\n<p>\ud83d\ude80 <strong>Trade global markets 24\/7 with NordFX\u200a\u2014\u200ayour gateway to Forex, crypto, indices, and more. Start with just\u00a0$10!<\/strong><\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/morning-update-03-07-2025-951912d9c177\">\ud83c\udf05 Morning Update | 03.07.2025<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcc9 Asia-Pacific Markets Mixed Chinese indices fall -0.70% to -1.20%, \ud83c\udde6\ud83c\uddfa Australia and \ud83c\uddf8\ud83c\uddec Singapore down ~0.20%, while \ud83c\uddef\ud83c\uddf5 Japan trades\u00a0flat. \ud83d\udcca All Eyes on U.S. Jobs Report \ud83d\uddd3 Nonfarm payrolls will be out today (Thursday) due to \ud83c\uddfa\ud83c\uddf8 Independence Day. \u26a0\ufe0f The release follows the first negative ADP print since early\u00a02022. \ud83d\udde3 Trump vs [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-78190","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78190"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78190"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78190\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}