Weekly Market Update - Global Markets, Forex, Crypto and Commodities.
By Josh, Founder & Creative Director
Welcome to this week’s ProPips Market Update, where we break down the major moves across global markets and highlight the key themes traders should pay attention to.
1. Global Market Sentiment: Mixed, Cautious, Data-Driven
Markets enter the week with a cautious tone as traders focus on economic data, central bank commentary, and global geopolitical developments.
Key drivers right now:
Cooling inflation but still above targets
Shifting interest rate expectations
Tightening liquidity
Sharp reactions to macro data releases
Risk appetite exists, but traders are more selective than aggressive.
2. Forex Outlook: Dollar Strength Holds, Yen Volatility Rising
The forex market continues to react to differences in central bank policies.
USD: The dollar remains strong due to safe-haven demand and resilient U.S. economic data.
EUR & GBP: Both remain volatile as European economies show mixed performance.
JPY: The yen is extremely sensitive to any signs of policy change from the Bank of Japan.
Takeaway: Macro fundamentals are currently more influential than technical patterns.
3. Indices and Stocks: Tech Leadership Continues, Broader Markets Stall
Tech and AI-focused sectors continue to outperform, driven by investment in automation, data, and innovation.
Traditional sectors tied to consumer spending and manufacturing continue to lag under high borrowing costs.
Overall: Tech strength supports broader markets, but outside of growth sectors, sentiment remains cautious.
4. Commodities: Oil Volatile, Gold Steady
Oil: Prices remain highly reactive to geopolitical tensions, supply decisions, and demand uncertainty.
Gold: Steady and well-supported as investors hedge against inflation and global uncertainty.
Commodities continue to act as a signal for broader macro fear and risk sentiment.
5. Crypto Update: Consolidation Before the Next Move
Crypto markets are in a consolidation phase after recent volatility.
Bitcoin: Holding key support as institutional flows stabilise.
Altcoins: Highly reactive, with quick rotations and sharp moves.
Regulation: Ongoing global regulatory developments continue to influence sentiment.
Crypto takeaway: Expect range-bound trading unless a major catalyst hits.
6. What Traders Should Watch This Week
Key catalysts to monitor:
Inflation reports
Central bank speeches (Fed, ECB, BoJ)
U.S. employment data
Oil inventory and production updates
Bitcoin liquidity and ETF flows
Quarterly earnings reports
These events could shift sentiment quickly.
7. Final Thoughts
This week brings a mix of uncertainty and opportunity across all markets. Successful traders will rely on discipline, risk management, and awareness of the macro environment.
At ProPips, our goal is to support traders with transparency, stable rules, and insights that help navigate a fast-changing market landscape.
Josh - Founder
