🔴 BREAKING

Weekend - China's Wang Yi seeks closer EU business ties ahead of summit

The Stockholm meeting fits a broader pattern of Beijing signalling openness to foreign capital at a time of slowing domestic growth and soft consumer demand, aiming to shore up sentiment among multinationals weighing exposure to China. Coming just ahead of a China-EU leaders' sum, per ForexLive.

22:05 UTC · Jul 5

📅 ASIA WRAP — Sun 5 Jul

Asia markets await US jobs data and China-EU diplomatic developments

⚡ TOP STORIES
1. US Nonfarm Payrolls
2. Weekend - China's Wang Yi seeks closer EU business ties ahead of summit
3. Wall Street banks recover in China amid trading boom
+ 2 more in image ↑

🛢 PULSE DXY ▼0.2%

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🔴 BREAKING

Dubai tops Asian crypto hubs, Taiwan passes crypto laws: Asia Express

Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia Express, per CoinTelegraph.

23:35 UTC · Jul 5

🔴 BREAKING

Trump’s War Means Higher Global Interest Rates for Years to Come

Trump’s War Means Higher Global Interest Rates for Years to Come Bloomberg.com, per Bloomberg.

23:00 UTC · Jul 5

🔴 BREAKING

$XRP rises 3% as $1.14 breakout turns into support test

Heavy volume pushed $XRP through resistance, but sellers met the move near $1.16 and left traders watching whether former resistance can now hold as support, per CoinDesk.

05:15 UTC · Jul 6

🔴 BREAKING

Can Iran sell its oil surplus after sanctions? 🌍

Iran’s oil stockpiles remain elevated despite sanctions relief. CNBC examines why clearing the glut may take longer than anticipated, per CNBC.

05:06 UTC · Jul 6

🔴 BREAKING

China Launches Nuclear-Capable Missile in South Pacific

The report says that the Chinese navy has launched a missile towards an area in the international waters of the South Pacific. Adding that they have conducted the test launch of said strategic missile by submarine. Earlier in the day, media reports from Australia and New Zealand, per ForexLive.

05:14 UTC · Jul 6

🔴 BREAKING

Bitcoin climbs above $63k as Fed rate hike fears ease

Bitcoin climbs above $63k as Fed rate hike fears ease, per Investing.com.

05:32 UTC · Jul 6

🔵 CRYPTO

Ether leads crypto's hold above key levels as bitcoin steadies over $63,000

A stalling rebound in AI and chip stocks and a stronger dollar kept the mood cautious as the second half gets underway, per CoinDesk.

05:09 UTC · Jul 6

🔴 BREAKING

Ethereum Undergoes Overhaul Under Buterin Guidance

A revised roadmap details how the multi-year overhaul would replace nearly every major part of Ethereum's protocol, with quantum resistance and privacy moving up the priority list. It lands as ether rallies more than 12% in the past seven days, per CoinDesk.

07:44 UTC · Jul 6

🔴 BREAKING

World Absorbs Iran Oil Loss Amid Depleted Stocks

World absorbs historic Iran war oil supply loss, but depleted stocks bring risks, per Reuters.

07:47 UTC · Jul 6

🔴 BREAKING

Can Thailand’s cannabis experiment survive smuggling? 🌍

After decriminalising cannabis in 2022, Thailand faces rising seizures abroad. Lawmakers still debate control laws, while dispensaries expand for recreational use, per SCMP.

09:34 UTC · Jul 6

🔴 BREAKING

LIT surges 50% as altcoins rebound 📈

Bitcoin stabilizes at $62,800 following a dip to $58,000 last week. The Altcoin Season indicator reaches its highest level in three months, per, per CoinDesk.

10:44 UTC · Jul 6

🔴 BREAKING

Germany Weathers Energy Crisis With Growing Dependence on American LNG

The share of LNG imports of Germany’s total gas supply rose to 12% in the first half of the year, up from 10% a year earlier, despite the shock supply loss from the Middle East due to the closed Strait of Hormuz, according to data by the German regulator. Bundesnetzagentur, the F, per OilPrice.com.

11:00 UTC · Jul 6

🔴 BREAKING

US CPI data takes center stage amid currency shifts 🔍

EUR/USD erased all NFP-driven gains as markets await the next inflation report. Yen intervention risks and gold’s pullback add to the week’s focus. Source:, per ForexLive.

11:53 UTC · Jul 6

✅ MACRO RESULT

🇺🇸 ISM Services PMI

📊 Actual: 54.00 (forecast 54.2)
📉 Previous: 54.5

📚 US ISM Services PMI measures monthly activity in the non-manufacturing sector based on surveys of purchasing managers, released by the Institute for Supply Management on the third business day of each month.

Jul 6, 02:00 PM · Institute for Supply Management

📅 ASIA WRAP — Mon 6 Jul

Geopolitical tensions and energy supply concerns dominate Asia markets

⚡ TOP STORIES
1. China Launches Nuclear-Capable Missile in South Pacific
2. ISM Services PMI
3. World Absorbs Iran Oil Loss Amid Depleted Stocks
+ 3 more in image ↑

🛢 PULSE DXY ▼0.3%

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🔴 BREAKING

Bitcoin bulls shake off Strategy's $216M $BTC sale as price overtakes $64K

Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling, per CoinTelegraph.

01:55 UTC · Jul 7

🔴 BREAKING

Bitcoin Falls After $64,000 Amid $213 Million $BTC Sale

The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold off again, per CoinDesk.

04:33 UTC · Jul 7

🔴 BREAKING

$XRP stalls near $1.14 as breakout attempt struggles for volume

Buyers defended the session lows and pushed $XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13-$1.14, per CoinDesk.

04:46 UTC · Jul 7

🔴 BREAKING

Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears

China’s crude oil demand is expected to peak this year, according to executives from the country’s largest oil firm, a scenario set to further reshape the global energy market following the Strait of Hormuz crisis. The world’s top oil importer would record slowing demand as reduc, per SCMP.

06:00 UTC · Jul 7