Tuesday Afternoon Coffee - Markets Update - 10 Jun 2025 - Global Markets Hold Steady Amid Inflation Uncertainty and Trade Negotiations

The Trade Academy Team
Jun 10
2 min read

Markets Update: Markets were mixed ahead of key macroeconomic events, including the upcoming May U.S. CPI data.

Global Markets Roundup: 10 Jun 2025

Global Market Overview

Investors remained cautious, with U.S. and Eurozone bond yields closing slightly lower. Meanwhile, Japan is considering buying back long-maturity bonds to prevent abrupt yield increases.

Equities

- U.S. Markets: The S&P 500 rose 0.1%, the Nasdaq gained 0.3%, and the Dow remained flat. Investors are closely watching U.S.-China trade talks in London, which have eased concerns over tariffs.

- European Markets: The DAX fell 0.5%, and the CAC 40 lost 0.2%, with declines led by defense, banking, and tech stocks.

- Tech Sector: Apple dropped 1% after a subdued AI update at WWDC, while Qualcomm surged 4% following its Alphawave deal.

Fixed Income

- U.S. Treasury Yields: Investors are awaiting key Treasury auctions later this week, including a $58 billion 3-year note sale today.

- Japanese Bonds: Concerns over long-term yield spikes have led Japan to consider bond buybacks.

Currencies

- USDJPY JPY Weakness: The Japanese yen was the weakest major currency, reflecting strong risk appetite in global markets.

- EURUSD: The euro traded at 1.1433, showing mild strength against the dollar.

Commodities

- Oil: WTI crude rose 0.65% to $65.95, while Brent crude climbed 0.59% to $67.63.

- Gold: Prices edged up 0.40% to $3,355.30, reflecting investor caution ahead of inflation data.

Digital Assets

- Bitcoin: BTC remained steady, supported by ETF inflows and crypto stock advances.

- Gemini IPO: The crypto exchange Gemini is preparing for its initial public offering, boosting sentiment in the sector.

Macro Events

- U.S.-China Trade Talks: Negotiations continued in London, with officials describing discussions as "fruitful."

- Upcoming CPI Data: The NY Fed consumer inflation expectations dropped to 3.2% in May, down from 3.6% in April.

Looking forward refer to the economic calendar below to see the upcoming events scheduled for today and the rest of the week.

General news - Information source from multiple newswires.

The article and the data is for general information use only, not advice!

The Trade Academy Team