Market Summary - July 28, 2025
Overview
The trading week begins with a strong performance across key markets, indicating bullish sentiment among investors. Both stocks and cryptocurrencies are experiencing upward momentum, while commodities are showing positive signs as well.
Cryptocurrency Market
Cryptocurrencies have rebounded after a volatile weekend. Bitcoin experienced a false breakout on Friday but regained momentum over the weekend, pushing prices higher. The bullish trend appears to be continuing as the new week starts.
Equity Markets
Equity indices are either reaching all-time highs or are just below them, suggesting a robust start for the stock market. Long positions are performing well, indicating strong investor confidence.
Foreign Exchange Market
In the foreign exchange market, the Japanese yen is showing weakness while the U.S. dollar is gaining strength. This dynamic is influencing early trading activity in the FX space.
Commodity Market
Commodities are leaning positive, with gold attempting to rebound. It is currently defending a mid-term uptrend line, although its broader trend remains uncertain. A sustained bounce would be welcomed by bullish investors.
Oil prices are moving sideways, still in a correction pattern following a recent downtrend. The likelihood of further downside movement remains unless bullish momentum is regained soon.
Upcoming Economic Events
The macroeconomic calendar is relatively quiet for Monday and Tuesday, allowing traders to focus on technical setups. However, significant earnings reports are expected on Tuesday from major companies, including:
- Visa
- Procter & Gamble
- AstraZeneca
- Merck
- Booking Holdings
- Boeing
- Starbucks
Some of these companies will report before the market opens, which could lead to early market reactions.