{"id":78769,"date":"2025-07-07T10:57:49","date_gmt":"2025-07-07T10:57:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78769"},"modified":"2025-07-07T10:57:49","modified_gmt":"2025-07-07T10:57:49","slug":"morning-update-07-07-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78769","title":{"rendered":"Morning Update | 07.07.2025"},"content":{"rendered":"<p>\ud83d\udcb5 <strong>Dollar Gains on Tariff Threats<\/strong><br \/> The greenback is strengthening after President Trump threatened a <strong>10% tariff<\/strong> on countries supporting <strong>BRICS<\/strong> policies that go against US interests. \ud83d\udcc3 Letters confirming the tariffs or outlining potential agreements will be sent <strong>today at 12:00 p.m. ET<\/strong> (6:00 p.m.\u00a0CEST).<\/p>\n<p>\ud83d\udee2\ufe0f <strong>Oil Slips, But Rebounds<\/strong><br \/> Crude prices initially fell over <strong>1.4%<\/strong> at Sunday\u2019s Globex open but have since pared losses to just <strong>0.3%<\/strong>. The surprise? <strong>OPEC+<\/strong> is boosting production by <strong>+548K barrels\/day<\/strong>\u200a\u2014\u200awell above the <strong>+411K<\/strong> expected.<\/p>\n<p>\ud83c\uddf3\ud83c\uddff <strong>NZD Under Pressure<\/strong><br \/> New Zealand\u2019s NZIER \u201cshadow council\u201d advised the <strong>RBNZ<\/strong> to keep interest rates on hold this week due to inflation risks. Despite this, the <strong>New Zealand dollar<\/strong> is one of the weakest major currencies today.<\/p>\n<p>\ud83c\udde8\ud83c\uddf3 <strong>China Hits Back<\/strong><br \/> Beijing is restricting <strong>EU medical equipment<\/strong> purchases in retaliation for recent tariff moves\u200a\u2014\u200asignalling deepening trade tensions.<\/p>\n<p>\ud83d\udcb4 <strong>Yen Slides on Wage Shock<\/strong><br \/> Japan\u2019s real wages dropped <strong>2.9% YoY<\/strong> in May\u200a\u2014\u200athe sharpest decline in nearly two years and the fifth consecutive monthly fall. This dims the outlook for <strong>BoJ<\/strong> rate\u00a0hikes.<\/p>\n<p>\ud83d\udcc9 <strong>Metals Retreat as Stocks Rally<\/strong><br \/> Optimism around extended trade talks is lifting global stock markets\u200a\u2014\u200abut pressuring safe havens.<br \/> <strong>Gold<\/strong> is down <strong>0.8%<\/strong>, <strong>silver<\/strong> has slipped\u00a0<strong>1.0%<\/strong>.<\/p>\n<p>\ud83d\udcc8 <strong>Stay ahead of the markets with NordFX\u200a\u2014\u200ayour edge in a world of fast-moving news.<\/strong>\u00a0\ud83c\udf0d<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/morning-update-07-07-2025-3e9375d186ca\">\ud83c\udf05 Morning Update | 07.07.2025<\/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\udcb5 Dollar Gains on Tariff Threats The greenback is strengthening after President Trump threatened a 10% tariff on countries supporting BRICS policies that go against US interests. \ud83d\udcc3 Letters confirming the tariffs or outlining potential agreements will be sent today at 12:00 p.m. ET (6:00 p.m.\u00a0CEST). \ud83d\udee2\ufe0f Oil Slips, But Rebounds Crude prices initially fell [&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-78769","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78769"}],"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=78769"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78769\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}