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Highlights include Trade talks and deadlines, Fed, BoJ, BoC, US NFP, Mfg PMI, PCE, QRA, EZ CPI & GDP and Aussie CPI   Newsquawk Week...

The post Newsquawk Week Ahead: Highlights 28th July-1st August 2025 appeared first on Forex Trading Forum.

Earlier this week, we highlighted the prevailing bullish sentiment in the market ahead of Alphabet’s (GOOGL) earnings report, noting that:→ an ascending channel had formed;→ the psychological resistance level at $200 was of particular importance.

The earnings release confirmed the market’s optimism, as the

Ebay: ⬆️ Buy – Ebay broke round resistance level 80.00 – Likely to rise to resistance level 84.00 Ebay recently broke the round resistance level 80.00 (which stopped the previous intermediate impulse wave (5) at the start of June, as.

Nikkei 225 Index Powers to 1-Year High on News of US Trade Deal; S&P 500 Index Closes at Record High for Third Day; Silver Reaches 13-Year High, Gold Near Record High, Other Metals Also Bullish

Silver: ⬆️ Buy – Silver broke resistance level 39.00 – Likely to rise to resistance level 40.00 Silver recently broke the resistance level 39.00, which stopped the previous impulse wave i earlier this month, as can be seen from the daily Silver chart.

Trump recently had a medical checkup after noticing “mild swelling” in his lower legs

• was found to have a condition common in older adults that causes blood to pool in his veins
• also checked was bruising on the back of Trump’s hand, consistent with irritation from his “frequent handshaking and the use of aspirin” (Trump takes aspirin to reduce the risk of heart attack and stroke)

The White House have released a statement regarding concerns over Trump's health. It summarises that Trump "remains in excellent health". Good news!

US Core CPI Data Rose by 0.2% Month-on-Month, Key PPI Metric Coming Today; Canadian CPI Data Meets Expectations; Bitcoin Back Below $118,000 After Trading at Record High Above $123,000; Gold Outperforming Silver; US Stock Market Indices Sell Off After Briefly Making Record Highs; UK CPI Expected Today

When investors think about outperforming markets, they often turn to stock picking, timing cycles, or seeking the next breakout theme. Yet one of the most consistently overlooked drivers of long-term performance isn’t about what you own, it’s about how much of everything you own, and how those pieces interact. Diversification, when done with intention, is…

The post Diversification: The Alpha Generator appeared first on eToro.

The US 30 stock index has become volatile again and has broken below a support level, indicating a shift in trend to bearish. The US 30 forecast for today is negative.

US 30 forecast: key trading points

• Recent data: US services PMI for June came in at 52.9
• Market impact: a slightly lower PMI suggests a moderate slowdown in the services sector, which accounts for a significant portion of the US economy – this may prompt investor caution

US 30 fundamental analysis

The US services PMI of 52.9 slightly missed expectations of 53.1 and the previous result of 53.1, signalling a mild slowdown in service sector activity. Industries such as consumer services, financials, healthcare, and real estate – all closely tied to the services economy – may face pressure or slower profit growth. Meanwhile, industrial and tech companies could maintain steadier performance if their outlook is less dependent on services.

Overall, the slight dip in PMI is not a critical signal and likely reflects typical cyclical fluctuation. However, investors may watch upcoming data closely to assess whether the slowdown continues or stabilises. If the downtrend in PMI persists, it could place more pressure on the US 30 index and its related sectors. Conversely, stabilisation or improvement in the PMI would help restore positive market sentiment.

US 30 technical analysis

The US 30 index broke below the 44,350.0 support level, entering a downtrend. The resistance level formed at 44,895.0, with support at 44,220.0. It is worth noting the increased volatility and unstable trend in the US 30.

The following scenarios are considered for the US 30 price forecast:

• Pessimistic US 30 scenario: a breakout below the 44,220.0 support level could push the index down to 43,870.0
• Optimistic US 30 scenario: a breakout above the 44,895.0 resistance level could drive the index up to 45,395.0

Summary

The US 30 index shows elevated volatility, with the trend shifting once again – this time to a downtrend. However, the recent breakout below the 44,350.0 support level might prove to be a false signal. The US services PMI is a key gauge of activity in the services sector, which makes up around 70% of US GDP. The latest reading came in at 52.9, below the forecast of 53.1 and the previous result of 53.1, indicating a moderate slowdown, while the sector remains in expansion.

Trump hits the European Union (EU) and Mexico with a 30% tariff, starting on August 1, and more if they retaliate.

• Trump announced a new round of tariffs on his Truth social media app
• 30% blanket levy on all imports from both the European Union (EU) and Mexico, effective August 1
• follows the breakdown of months-long trade negotiations, Trump failed to secure a broader trade agreement with either party.
• the EU had hoped to strike a zero-tariff deal on industrial goods, but talks faltered
• Trump’s 30% tariff is notably steeper than the 20% he previously proposed during “Liberation Day” remarks in April
• in his letter to the EU, Trump warned of even harsher measures if the bloc retaliates
• in a separate message to Mexico’s president, Trump linked the tariff to immigration policy, saying Mexico’s efforts to help secure the U.S. border had been “not enough,” despite recent cooperation

Wholesale FX markets open very early on Monday here in Asia, which will be Sunday afternoon US time. Expect a small gap up for the USD. The way this tariff mess has played out so far is Trump backs down, allowing an extension of the date until the tariff kicks in, thus allowing more time for talks. Its earned him the nick name 'TACO', for 'Trump Always Chickens Out'. Let's see if he does that this time. For traders, the welcome development is market movement and volatility out of all this. For real world, main street, business all the uncertainty is much more difficult to deal with, with capex and employment decisions often put on hold, if not reversed.