RoboForex Brings Full-Scale Trading to Telegram

Belize City, Belize, July 6, 2026 – Financial broker RoboForex now offers direct trading within Telegram, providing users with a full-scale mobile trading experience without leaving their preferred messenger. This integration allows users to manage their accounts, execute trades, and access professional analytical tools from anywhere and on any device through a single interface.

Modern traders no longer need to overload their smartphones with multiple apps for different tasks. RoboForex has integrated its MobileTrader platform into Telegram as a Mini App, transforming one of the world’s most popular messaging platforms into a powerful, unified trading environment. This new capability is ideal for those who value mobility and want reliable market access without being tied to a specific device or complex software.

A Seamless Environment Built Around User Experience

The MobileTrader Telegram Mini App is designed to reflect the real-world workflow of modern traders. As expert signals and market news are often delivered through Telegram channels, users can now stay at the centre of market activity without switching between applications. The in-messenger trading app can be minimised within Telegram, allowing users to follow news, signals, and analytics in their communities and instantly return to the trading interface to open a position as soon as an opportunity arises.

While we live in a mobile-first era, comprehensive market research and technical analysis often require precision and a desktop setup. RoboForex ensures a truly unified workspace where all operations are synchronised in real time. A trader can open a position via the Telegram interface while on the go and seamlessly transition to the web version of MobileTrader for more detailed analysis once at their desk. This continuity ensures that market access is always available, regardless of the device being used.

Telegram is seeing strong growth in popularity among the global trading community, yet for a long time, it was perceived only as a communication tool. We decided to change that by providing traders with a user-friendly app that simplifies market entry and makes the trading process as natural as sending a message,” said Douglas Abreu, Regional Operations Manager at RoboForex.

Mini App, Full-Scale Functionality

Now available as a Telegram Mini App, RoboForex MobileTrader offers full trading functionality in a compact format. The streamlined format retains full functionality and provides everything a trader needs:

  • Full сontrol: account management, order execution, position monitoring, and live charts
  • Financial management: instant deposits and withdrawals, with zero-commission withdrawals available three Tuesdays per month
  • Analytical hub: economic calendar, personalised alerts, and market analytics
  • Copy Trading: access to one of the industry’s largest copy-trading communities, with thousands of strategies to follow

How to Get Started

Instant access is available through the official Telegram bot: @RoboForexMobileTraderBot.

The Telegram Mini App is an integral part of the unified RoboForex MobileTrader platform. Whether using Telegram, iOS and Android apps, or the web platform, traders access the same accounts and positions across all environments. This enables seamless switching between platforms depending on context and convenience, providing full flexibility to access global financial markets.

 

About RoboForex

 

RoboForex is a company that provides brokerage services, giving traders access to financial markets through its proprietary trading terminals and industry-leading trading platforms. RoboForex Ltd operates under brokerage license number FSC 9759600. View more detailed information about the Company’s products and activities on the official website roboforex.com.

Your Bourse Integrates TradingView Charts and Trading Platform Library with Trade Server

Brokers can now build full trading platforms on Your Bourse Trade Server using TradingView charts or the TradingView Trading Platform library, with multi-asset support and flat monthly pricing.

Your Bourse, a trading technology provider, has integrated TradingView charts and the TradingView Trading Platform library with Your Bourse Trade Server. Brokers can now incorporate TradingView technology into their platforms, either through their own proprietary infrastructure or as part of a Trade Server-powered backend. Trade Server is built as a frontend-agnostic, API-first backend with no proprietary front end of its own, giving brokers full infrastructure control with predictable, flat monthly pricing.

Integration Capabilities

TradingView Charting Integration: Brokers can offer TradingView’s signature charting features combined with order management and account interface, powered by Trade Server.

TradingView Advanced Charts: Brokers who prefer to use their own trading interface can embed TradingView’s Advanced Charts into their own proprietary front ends.

TradingView Trading Platform Library: A Trading Platform library from TradingView provides the core components needed to build trading platforms. It is based on Advanced Charts and contains all its features, including charting, technical analysis tools, order management, and real-time updates, enabling companies to create efficient and user-friendly trading applications. Powered by Trade Server, brokers can use it to build complete, multi-asset trading applications on their own infrastructure.

Multi-Asset Trading from One Account: Trade Server supports FX, CFDs, crypto spot, crypto perpetuals, exchange-traded instruments, futures, and more from a single trading account.

Portfolio-Based Margin: Margin and liquidation are calculated across all positions, with cross-asset collateral and unified liquidation logic.

High-Performance Infrastructure: Trade Server delivers ~21μs execution latency, 500K+ orders per second, 10M+ open positions capacity, and 99.999% uptime SLA.

Flat Monthly Pricing: Subscription pricing is based on account capacity, not trading volume, giving brokers cost predictability regardless of how much their clients trade.

What This Means for Brokers

The integration of TradingView charts and the TradingView Trading Platform library with Trade Server lets brokers offer a modern, full-featured trading platform while keeping full backend infrastructure control. TradingView provides the charting and platform components traders expect. Your Bourse Trade Server provides the backend that supports true multi-asset trading from one account with flat pricing and the development agility of an API-first architecture.

Streamlined Implementation

Your Bourse acts as a TradingView charts and Trading Platform library redistributor and integration owner, providing:

Defined onboarding flow
Pre-built integration layers
Technical support throughout implementation
Ongoing maintenance and updates

Trade Server’s API-first architecture simplifies integration of both TradingView charts and the Trading Platform library, and supports faster onboarding than legacy backend alternatives.

Executive Perspective

“TradingView has established itself as the industry standard for modern retail trading interfaces, and our partnership now covers both TradingView charts and the TradingView Trading Platform library. With Your Bourse Trade Server’s true multi-asset capabilities, brokers can build complete trading platforms and diversify their offerings across asset classes from a single account. By combining TradingView technology with Trade Server, we give brokers a modern trading environment with full control over their backend infrastructure.”
Kate Rutkovskaya, Chief Revenue Officer, Your Bourse

“Integrations like this give brokers more control over their infrastructure without changing the TradingView charting experience. Your Bourse provides the ideal foundation through its Trade Server solution.”
Vitaliy Kirpichev, Business Growth Lead, International Team, TradingView

About TradingView

TradingView is the world’s most popular charting platform and the industry’s forefront for financial visualization solutions. 100M+ traders worldwide use their platform as the go-to destination to chart, chat, and trade financial markets. Their product portfolio includes best-in-class charts, versatile commercial libraries, and many more tools for retail and business audiences.

About Your Bourse

Your Bourse provides trading technology solutions for retail and institutional brokers, prop firms, banks, and trading desks. The company’s products include Trade Server, an API-first multi-asset trading backend, and a liquidity bridge for aggregation and execution management. Your Bourse delivers multi-asset trading support and 99.999% uptime reliability, serving 115+ clients globally with a team of 45+ technical specialists.

For more information, visit https://www.yourbourse.com

Yen Still Under Pressure: Markets Await Action from Authorities

By Analytical Department RoboForex

USD/JPY is holding near 161.84 on Tuesday, with the yen close to 40-year lows. Pressure on the Japanese currency remains as market participants continue to bet against it, with no visible currency interventions from Japanese authorities having materialised.

At the same time, investors are closely monitoring potential action from Tokyo. Japanese Finance Minister Satsuki Katayama reiterated that authorities stand ready to enter the foreign exchange market if necessary. She also noted that Tokyo and Washington maintain close consultations on currency policy matters. However, the market remains sceptical that interventions alone – without a shift in monetary policy – can provide lasting support for the yen.

Additional pressure on the Japanese currency comes from expectations of further expansion in budget spending and the Bank of Japan’s slow pace of policy normalisation.

Published economic data were mixed. Nominal wages rose 3.2% year-on-year in May, but household spending fell 0.4%, pointing to continued weakness in domestic demand.

Technical Analysis

On the H4 chart, USD/JPY is trading within a consolidation range around 161.92 and, following a downside breakout, is moving lower towards 161.44. This level is expected to be reached today, followed by a rebound towards 162.55. The MACD indicator supports this scenario, with its signal line below zero and pointing firmly downwards, reflecting continued bearish momentum.

On the H4 chart, USD/JPY is trading within a consolidation range around 161.92 and, following a downside breakout, is moving lower towards 161.44. This level is expected to be reached today, followed by a rebound towards 162.55. The MACD indicator supports this scenario, with its signal line below zero and pointing firmly downwards, reflecting continued bearish momentum.

Conclusion

The yen remains under pressure, trading near 40-year lows as markets continue to bet against the currency in the absence of actual intervention from Japanese authorities. While Finance Minister Katayama has reiterated readiness to act and confirmed close coordination with Washington, market participants remain doubtful that intervention alone can reverse the yen’s trajectory without accompanying monetary policy shifts. Mixed domestic data – rising nominal wages but falling household spending – highlight ongoing weakness in demand. Technically, USD/JPY may see a modest pullback towards 161.44 in the near term. However, the broader outlook for the yen remains negative, with further expansion in fiscal spending and the Bank of Japan’s gradual approach likely to keep the currency under pressure.

 

Disclaimer

Any forecasts contained herein are based on the author’s particular opinion. This analysis may not be treated as trading advice. RoboForex bears no responsibility for trading results based on trading recommendations and reviews contained herein.

Germany’s DAX Index has updated its all‑time high. OPEC+ countries have agreed to increase production

By JustMarkets 

On Monday, US stock indices closed higher, supported by renewed interest in the technology sector and companies linked to artificial intelligence. By the end of the day, the Dow Jones Index (US30) rose by 0.29%. The S&P 500 Index (US500) gained 0.72%. The Technology‑heavy NASDAQ Index (US100) closed higher by 1.12%. Market leaders were semiconductor manufacturers and major tech companies. The sector was supported by news of expanded partnership between Broadcom and Apple, as well as optimistic statements from Hon Hai Precision Industry regarding demand for AI technologies. Despite the fact that most stocks within the S&P 500 Index declined, the rise of heavyweight tech companies allowed the market to start the week on a positive note. Economic data published that day confirmed that the US services sector remains in expansion territory (PMI at 51.2), although growth has slightly slowed and companies continue hiring amid some easing of price pressure. Investors maintain cautious optimism ahead of Wednesday’s release of the Federal Reserve meeting minutes, which will help clarify the future trajectory of monetary policy as the regulator balances inflation risks and labor‑market dynamics.

European indices closed higher on Monday. By the end of the day, Germany’s DAX (DE40) rose by 0.15% and updated its all‑time high. France’s CAC 40 (FR40) closed down 0.33%, Spain’s IBEX 35 (ES35) fell by 0.85%, and the UK’s FTSE 100 (UK100) finished the trading session lower by 0.26%. Investor optimism was driven by expectations of strong quarterly reports from technology companies and falling oil prices. A significant event of the day was the German cabinet’s approval of the 2027 budget draft. The document proposes a sharp increase in government spending to 555.4 billion euros, with particular emphasis on defense: military expenditures are planned to rise to 109.7 billion euros, one‑third higher than this year’s levels. This decision aims to fulfill NATO commitments and strengthen the country’s sovereignty.

On Monday, WTI crude oil prices traded near 69 dollars per barrel, remaining at their lowest levels since late February. Pressure on prices intensified after OPEC+ countries agreed to increase production by 188,000 barrels per day next month, confirming a course toward gradually expanding supply. The physical market also contributes to lower prices: exports from Saudi Arabia are approaching pre‑war volumes, and the United Arab Emirates have fully restored their maritime shipments.

Platinum prices (XPT) traded near 1,630 dollars per ounce, maintaining a sideways trend around the lowest levels since November 2025. The main pressure on the metal continues to come from the strengthening US dollar, although the decline in prices is limited by signs of cooling in the US labor market, which forces investors to reassess expectations regarding the pace of Federal Reserve rate hikes. Fundamentally, the platinum market remains structurally tight despite current price volatility. Production at South African mines continues to face disruptions due to electricity supply issues, and efforts to expand output in Russia have not yet led to a significant reduction in the structural deficit or an increase in limited above‑ground inventories.

On Monday, Japan’s Nikkei 225 (JP225) fell by 0.01%, China’s FTSE China A50 closed higher by 0.33%, Hong Kong’s Hang Seng (HK50) rose by 1.14%, and Australia’s ASX 200 (AU200) closed lower yesterday by 0.15%. On Tuesday, Chinese indices traded in the red. Market sentiment deteriorated noticeably after the World Bank published its economic expectation for China, predicting a slowdown in growth to 4.4% in 2026 and 4.3% in 2027. The main reasons for this revision, according to experts, are the prolonged downturn in the real estate sector and subdued consumer demand. Despite the negative dynamics, Beijing and Hong Kong continue implementing initiatives to strengthen the city’s position as a leading offshore center for yuan operations, including the development of bond‑trading instruments and expansion of currency operations.

S&P 500 (US500) 7,537.43 +54.19 (+0.72%)

Dow Jones (US30) 53,055.91 +155.84 (+0.29%)

DAX (DE40) 25,817.89 +38.58 (+0.15%)

FTSE 100 (UK100) 10,651.77 -27.26 (-0.26%)

USD Index 100.88 +0.03 (+0.02%)

News feed for: 2026.07.07

  • Japan Average Cash Earnings (m/m) at 02:30 (GMT+3) – JPY (MED)
  • German Industrial Production (m/m) at 09:00 (GMT+3) – EUR (LOW)
  • UK FPC Meeting Minutes at 12:30 (GMT+3) – GBP (LOW)
  • US Trade Balance (m/m) at 15:30 (GMT+3) – USD (MED)
  • Canada Trade Balance (m/m) at 15:30 (GMT+3) – CAD (MED)
  • Canada Ivey PMI (m/m) at 17:00 (GMT+3) – CAD (LOW)

By JustMarkets

 

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Americans are not as well off as people in peer nations – US safety net’s shortfalls show up in global data

By Stephen Bagwell, University of Missouri-St. Louis and Susan Randolph, University of Connecticut 

As the United States celebrates the 250th anniversary of its Declaration of Independence, the global data we collect and analyze shows that the country is failing to “promote the general Welfare,” as the Constitution’s framers promised a little more than a decade later.

We are scholars of human rights. Alongside the Human Rights Measurement Initiative, a nonprofit that tracks how well more than 200 countries and territories are meeting the human rights commitments their governments have made, we annually update scores measuring whether people can actually get the basics of a decent life, such as healthcare, adequate food and a quality education.

The latest data our team has amassed shows that the U.S. is falling short compared with what it could achieve, given its US$32 trillion economy. This is not a one-year blip – the U.S. has been underperforming for the past 25 years.

Economic and social rights

Two foundational human rights agreements, the Universal Declaration of Human Rights and the International Covenant on Economic, Social and Cultural Rights, describe countries’ obligations to promote the welfare of their people. Countries should improve the health, education and occupational well-being of their people over time, as best they can, given their “resources.”

The United States co-authored and voted in favor of the universal declaration in 1948. Although President Jimmy Carter signed the International Covenant on Economic, Social and Cultural Rights in 1977, U.S. lawmakers never ratified it.

Resources in this context generally mean a government’s wealth and capacity. We measure resources by using per capita gross domestic product – the amount of money in a country evenly divided among its entire population. Because rich countries, like the U.S., can do more than lower-income countries, like Haiti, they are held to a higher standard.

So we don’t just ask how healthy, well-fed or educated the people of a country are. We ask how well a country is providing for its people compared with other countries with similar resources.

A 100% score means a country is doing all it can with what it has, and further improvements would require more resources. A lower score means there’s room for improvement.

Doing all you can with what you have doesn’t mean a government has to provide goods and services directly. Governments can rely on private businesses, employers, nonprofits, public programs or a combination. What we score is the result: Are people actually getting what they need?

We compared the scores of the U.S. over time against 37 other high-income free-market based countries in the Organization for Economic Cooperation and Development, a forum for industrialized economies to exchange information on the best policies and practices to support growth and development. Then we calculated how many Americans would be able to have these things if the U.S. adopted better policies.

Across all five areas we track – health, food, education, work and income – the U.S. has either stalled or lost ground, relative to its own history and to its peers.

Right to health

The U.S. ranks below its peer nations on health. Even Turkey and Hungary, less industrialized countries where the GDP per capita is a fraction of what it is in the U.S., have guaranteed better health outcomes for their people when compared to their resources.

Health scores indicate how well a country keeps its people alive and well, like whether children are born and stay healthy, whether adults live long lives and if the incidence of preventable diseases is kept low.

The U.S. scores about 80% of what it possibly could. By comparison, Canada scores 90%, Japan 88%, Mexico 86% and Australia 93%. Iceland scores the highest at 97%.

U.S. health scores have been relatively flat for a quarter century, rising from 79% in 2000 to a high of 82% in 2012. In 2023, it had receded to 80%. The rising scores were likely due to more Americans gaining health insurance following the Affordable Care Act’s rollout. The later decline was caused primarily by the COVID-19 pandemic.

We anticipate further declines. The Congressional Budget Office estimated that 11.8 million Americans would lose access to government-subsidized health insurance due to changes in the big tax and spending package President Donald Trump signed into law in the summer of 2025. By 2034, that number is projected to rise to 17 million people.

Right to food

People who have realized the right to food and adequate nutrition can reliably access affordable, healthy and nutritious food.

Our score measures the percentage of people who find themselves in that situation. The U.S. is only achieving about 81% of what it possibly could.

If the United States allocated its resources more efficiently, we estimate that roughly 14.8 million more women and 9.1 million more men would always have enough healthy food.

Among countries for which we have food security data, the U.S. ranks 30th out of 37.

Our data for the right to food in the U.S. spans 2015 to 2023. The U.S. food score fell slightly during that period, from 81.9% to 81.1%. This means that as the U.S. got wealthier, Americans got hungrier.

This score peaked in 2020, before the pandemic. Persistent inflation, rising housing costs and changes to the Supplemental Nutrition and Assistance Program led to declines.

Signs point to the share of Americans who have access to affordable and nutritious food declining further.

About 3.4 million people lost access to food assistance from September 2025 to June 2026, also due to cuts in Trump’s 2025 legislative package.

The effects are starker in some places. In Arizona, SNAP enrollment had fallen by about half as of April 2026, with more than 400,000 people losing benefits since July 2025. The Arizonans who were still getting SNAP benefits to help them buy groceries were receiving significantly lower benefits, ProPublica reported.

Right to dignified work and fair income

Can people find work? Do they earn enough to get by? That’s what we measured for this economic right.

We set the bar at half of what a typical American household earns. By that measure, the U.S. reaches just 27% of what a country this wealthy could achieve, which is the worst score for an Organization for Economic Cooperation and Development member country.

It does better at creating conditions where people can find a job, scoring about 75%, ranking 10th alongside countries like the Netherlands and Iceland. But it’s still far behind leaders like South Korea and Mexico.

If the U.S. changed some policies – such as increasing the federal minimum wage – 46 million people could earn enough to rise above that fair pay line. About 5 million more would escape extreme poverty, surviving on less than $4.20 per day.

The country has been losing ground on work and pay for 25 years. After accounting for how much richer the U.S. has grown, its score fell from about 62% in 2000 to 51% today. This reflects the growth in economic inequality, with the gains in wealth skewing toward the richest Americans.

Right to an education

The U.S. scores a 76% on the overall right to education, placing it 20th among 38 OECD countries. It’s behind Japan and the U.K. but ahead of some peers, including Canada and Norway.

We measure education through access – whether students are enrolled in school – and quality – how well they score on tests in science, math and reading.

The U.S. rates a score of 90.7% on access but only averages 61.3% on quality.

An unmet promise

The U.S. is among the wealthiest nations in human history, but it falls far short of what that national wealth makes possible for its people – in terms of health, food, pay and what its students learn.

The reason isn’t that the country can’t afford to do better; we’ve found it’s because the U.S. doesn’t turn that wealth into opportunities for everyone to have a decent life.

Recent cuts to health insurance coverage and food assistance are pushing much of what we measure in the wrong direction.

Promoting the general welfare was written into the country’s founding promise – 250 years later, our data shows how far there still is to go.The Conversation

About the Author:

Stephen Bagwell, Assistant Professor of Political Science, University of Missouri-St. Louis and Susan Randolph, Associate Professor Emerita of Economics, University of Connecticut

This article is republished from The Conversation under a Creative Commons license. Read the original article.

 

It may be almost impossible to make data centers pay their ‘fair share’ of electricity costs

By Theodore J. Kury, University of Florida 

Many major tech companies have pledged to pay their fair share of the costs associated with generating and transmitting more electricity to serve large data centers. But ratepayers across the United States are worried about the potential costs they might have to bear. That’s because it’s not immediately clear how the cost of data centers’ energy will be calculated. The effects of price increases are likely just beginning, and their full effects may not be felt for years.

For example, a recent report by the organization that monitors the PJM market, an area that encompasses all or part of 14 mid-Atlantic and Midwest states, concluded that expected power demand from data centers was a primary reason for US$23 billion in customer price increases that will last until at least the end of 2028.

I have studied the programs states have launched to address the needs of these large electricity customers. Prices are set by state utility commissions, who determine which customers’ rates will increase by how much to pay for new investments in electricity infrastructure. It’s not simple.

The complexity of setting prices

Setting a price for electricity is straightforward in principle but complicated in execution. Regulators identify the costs to provide service, allocate the costs to customers and design prices to recover those costs.

First, regulators identify the costs that a utility company incurs to provide service. Regulators look at the value of the assets the utility company invests in, such as power plants, transmission lines and substations, as well as its day-to-day operating expenses, such as salaries, fuel, replacement parts and electricity it purchases from other sources. Then these costs are allocated to categories of customers, such as residential, commercial and industrial.

Ideally, costs are allocated to the customers who cause them, but that can be complicated to determine. For example, imagine a data center is built in an area that lacks existing power lines and is located 50 yards from a nearby electric substation. It’s clear that the data center should pay to run a 50-yard power line from the substation to the data center.

But what if the power company needs to upgrade the substation to handle the increased needs of the data center? Or secure additional sources of electricity? In these cases, the investments are part of the electricity grid that everyone uses. These costs will likely be shared among all customers.

Cost analysts review each line of a utility company’s costs, often thousands of items, and determine how each cost will be allocated. Each decision incorporates one basic idea: What’s your share?

For instance, if a group of customers uses 20% of the electricity delivered by the utility, they would be allocated 20% of the costs associated with energy delivery. Other cost items may be allocated based on the number of customers or how much electricity customers use at particular points in time, but the idea is the same.

Finally, the analysts set prices that are designed to recover the costs allocated to each customer group. So, the costs that are allocated to you are directly reflected in the electricity prices that you pay.

Flexibility and a potential loophole

One common criterion for figuring out how much a customer should pay is based on what is called “coincident peak demand” – the amount a customer group uses at the moment when all customers are collectively using the largest amount of electricity. Costs associated with overall peak usage are typically split proportionally – but this opens an opportunity for data centers to exploit the system.

Data centers often are able to fine-tune their electricity consumption, using more one minute and less another, in ways that residential users can’t easily replicate. Computerized systems can automatically adjust the amount of work a data center is doing, while a homeowner would either have to race around shutting off appliances to meaningfully reduce the amount of power their home was using or invest in a device that does.

Their flexibility means data centers may be able to learn to predict when system loads will peak and consume little to no power in just the right period to avoid contributing to peak loads, as has happened with cryptocurrency-mining operations in Texas. So when regulators look at their usage to determine prices, data centers may be able to avoid paying any costs allocated through coincident peak demand, even if they use large amounts of electricity at other times.

Who speaks for you?

When utility regulators decide how costs should be allocated to each customer group, they solicit input from different groups. The utility company initially submits its own proposal for how it thinks costs should be allocated across its system.

Large industrial customer groups representing customers such as factories will also submit their own proposals for how to allocate costs and set rates. Retail customer groups representing large and small stores will submit theirs. And large data centers, with the resources to hire experts in cost allocation, will submit theirs as well. Some states have specific state-government agencies to do some of this work on behalf of particular commercial groups, such as Pennsylvania’s Office of Small Business Advocate.

Regulators don’t always get a good sense of residential customers’ voices, though. Every state except Georgia, Idaho and Louisiana has an office of the consumer advocate that represents customer interests in proceedings before the state utility regulator. But they are often charged with representing all customers in the state without bias, meaning they cannot advocate for outcomes that would impose costs on one group of customers in favor of another.

So while every state’s consumer advocate is concerned with keeping the utility’s costs as low as possible, they may be barred by law from adopting a position on how those costs should be allocated. This lack of representation in this aspect of rate-setting for average households may lead to situations where the data centers’ advocates argue for minimal costs to be allocated to them – but nobody advocates on behalf of residents to examine or refute that argument.

Citizens left holding the bag

There are other risks for residential customers, too. Utilities’ investments in electricity infrastructure last for many years. But not every proposed data center will get built, and some may use less energy than originally projected. Technology may even change, making some data centers obsolete after a year or two of operations.

If those events happen, then any costs the utility company incurred to provide enough electricity will be spread among all the other customers.

The allocation process may be even more complicated for municipal utilities regulated by city councils or independent boards, or cooperative utilities regulated by elected boards in rural communities. These groups may not have full-time staff who are utility or regulatory experts, yet they face the same decision-making challenges as trained professionals and might have to retain outside experts to aid in the process.

Consumers need to be aware of the importance of cost allocation and how it affects their electricity rates. I believe they should provide public comments to the regulators and speak during open hearings, as there may not be anyone else effectively advocating for their interests.The Conversation

About the Author:

Theodore J. Kury, Director of Energy Studies, University of Florida

This article is republished from The Conversation under a Creative Commons license. Read the original article.

 

Oil prices have stabilized. The Canadian dollar continues to trade near yearly lows.

By JustMarkets

On Friday, US indices were not traded due to a public holiday in the United States. By the end of the week, the Dow Jones Index (US30) rose by 2.12%. The S&P 500 Index (US500) gained 2.33%. The Technology‑heavy NASDAQ Index (US100) closed higher by 1.00% over five trading days.

This week, market attention in the US will be focused on the release of the minutes from the June meeting of the Federal Reserve (June 16-17, 2026), at which the regulator under its new chair Kevin Warsh kept the interest rate at 3.5-3.75%. Investors will look for details of discussions on future tightening, considering the committee’s hawkish signal about readiness for further rate hikes before year‑end to combat inflationary pressure. In addition, the macroeconomic calendar includes important indicators of economic conditions. The ISM services PMI is expected to show sector resilience, and existing home sales may reach their highest level since the beginning of the year. A significant widening of the trade deficit to 78.8 billion dollars is also expected amid rising imports and declining exports. The market will also pay attention to consumer credit data and inflation expectations, which will complement the overall picture of economic slowdown amid persistent high inflation.

The Canadian dollar continues to trade near yearly lows, holding around 1.42 USD. The main factor pressuring the national currency remains the combination of unfavorable conditions in energy markets and high uncertainty in trade relations with the US. Despite the general weakening of the US dollar after the release of weak US nonfarm payrolls data, the Canadian dollar could not fully benefit from this, as falling global oil prices negatively affected the country’s trade balance, reinforcing expectations of dovish policy from the Bank of Canada (BoC).

The Mexican peso at the beginning of July remains near 17.5 per dollar, balancing under the influence of conflicting factors. On one hand, the weakening of the US dollar amid weak June labor market statistics and correction in energy prices supports the national currency, reducing inflation risks. On the other hand, significant pressure comes from growing uncertainty surrounding North American trade relations, caused by the US administration’s decision not to extend the USMCA agreement in its current form.

European indices closed higher on Friday. By the end of the day, Germany’s DAX (DE40) rose by 0.78% (weekly +4.27%), France’s CAC 40 (FR40) closed up 0.39% (weekly +1.54%), Spain’s IBEX 35 (ES35) gained 0.92% (weekly +2.37%), and the UK’s FTSE 100 (UK100) finished the trading session higher by 0.25% (weekly +1.63%).

The European agenda for the current week is focused on central bank signals and industrial sector recovery. On Thursday, the ECB will publish the minutes of its June meeting, at which the regulator decided to raise interest rates by 25 basis points, bringing the deposit rate to 2.25%. Investors will analyze these details to assess the ECB’s further plans for monetary policy normalization amid slowing inflation. The macroeconomic calendar of Germany and other Eurozone countries shows cautious signs of recovery: German industrial production is expected to grow for the second consecutive month, and manufacturing orders are expected to begin recovering. At the same time, pressure on trade indicators persists: Germany’s trade surplus may shrink for the fourth consecutive month, reflecting the impact of geopolitical factors on exports.

Brent crude oil prices at the beginning of July 2026 stabilized around 70-72 dollars per barrel, showing a pronounced downward trend amid weakening geopolitical premium. The key factor behind this decline was progress in negotiations between the US and Iran, mediated by Qatar and Pakistan, which led to the unblocking of the Strait of Hormuz and normalization of hydrocarbon shipments. As logistics routes recovered, export volumes from Persian Gulf countries increased significantly: Saudi Arabia’s exports returned to 90% of pre‑war levels, and shipments from the UAE and Iraq also showed steady recovery. The rise in global supply, coinciding with signs of slowing demand from China, forced investors and major financial institutions such as UBS and Morgan Stanley to revise oil price expectations downward, removing concerns about large‑scale supply disruptions from market pricing.

On Friday, Japan’s Nikkei 225 (JP225) rose by 1.47% (weekly +0.19%), China’s FTSE China A50 closed higher by 0.57% (weekly -2.77%), Hong Kong’s Hang Seng (HK50) gained 1.28% (weekly +1.73%), and Australia’s ASX 200 (AU200) closed higher by 1.37% (weekly +0.77%).

In the upcoming week, the economic landscape of the Asia‑Pacific region will be shaped by central bank decisions and key inflation indicators. The Reserve Bank of New Zealand (RBNZ) will be in focus: despite broad expectations of a 25‑basis‑point rate hike to 2.5%, some analysts allow for the possibility of keeping the current level at 2.25% due to the impact of falling energy prices on overall inflation risks. China will publish inflation data, where consumer prices are expected to remain at 1.2% while producer inflation accelerates to 4.1%. In Japan, the market will focus on a wide range of data, including household spending, producer prices, and a 37.4% increase in machinery orders, which, amid pressure on the yen, makes these reports critically important for assessing the resilience of the Japanese economy.

S&P 500 (US500) 7,483.24 0 (0%)

Dow Jones (US30) 52,900.07 0 (0%)

DAX (DE40) 25,779.31 +198.43 (+0.78%)

FTSE 100 (UK100) 10,679.03 +26.16 (+0.25%)

USD Index 100.88 +0.02 (+0.02%)

News feed for: 2026.07.06

  • Switzerland Unemployment Rate (m/m) at 10:00 (GMT+3) – CHF (LOW)
  • Eurozone Retail Sales (m/m) at 12:00 (GMT+3) – EUR (MED)
  • Eurozone Producer Price Index (m/m) at 12:00 (GMT+3) – EUR (MED)
  • US ISM Services PMI (m/m) at 17:00 (GMT+3) – USD (MED)
  • Canada BoC Business Outlook Survey (m/m) at 18:30 (GMT+3) – CAD (LOW)

By JustMarkets

 

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

EUR/USD in a Narrow Range: Focus on Fed Minutes

By Analytical Department RoboForex

EUR/USD is trading around 1.1432 on Monday. At the end of last week, the main currency pair posted modest gains. Weaker-than-expected US labour market data and lower oil prices have weighed on the US dollar, prompting investors to reconsider expectations for further Federal Reserve policy tightening.

The Non-Farm Payrolls report released last week showed that the US economy added only 57,000 new jobs in June, falling well short of the 110,000 forecast – the weakest result in four months. This outcome has reduced the likelihood of a Fed rate hike as early as September.

An additional factor weighing on the dollar was the decline in oil prices. The restoration of supplies through the Strait of Hormuz, along with expectations of increased OPEC+ production, has raised concerns about a potential global oversupply. This dynamic is helping to reduce inflation risks and the need for further rate increases.

The market’s focus this week is on the release of the June Federal Reserve meeting minutes. Investors are hoping for additional signals on the future trajectory of US monetary policy and the outlook for interest rates.

Technical Analysis

On the H4 chart of EUR/USD, the pair is trading within a consolidation range around 1.1422, currently extending between 1.1422 and 1.1470. An upside breakout from this range would suggest a corrective move towards 1.1480, followed by a decline to 1.1260. A downside breakout would open the way for a direct move to 1.1260. The MACD indicator supports this scenario, with its signal line above zero but pointing firmly downwards, reflecting continued bearish momentum.

On the H1 chart, EUR/USD has reached 1.1470 and is now forming a consolidation range below this level. A range expansion down to 1.1408 and up to 1.1480 is expected, followed by a decline to 1.1260. The Stochastic oscillator confirms this scenario, with its signal line at 50 and pointing downwards towards 20.

Conclusion

EUR/USD remains in a narrow range as markets await fresh catalysts, with focus turning to the release of the Fed minutes later this week. Last week’s weaker-than-expected US jobs data and falling oil prices have eased pressure on the euro, reducing the likelihood of a September rate hike. The restoration of Hormuz shipments and potential OPEC+ supply increases have further dampened inflation concerns. However, the broader technical picture remains bearish, with indicators pointing towards a potential decline to 1.1260 in the medium term. The Fed minutes will be closely scrutinised for any shifts in the policy outlook that could determine the pair’s next directional move.

 

Disclaimer

Any forecasts contained herein are based on the author’s particular opinion. This analysis may not be treated as trading advice. RoboForex bears no responsibility for trading results based on trading recommendations and reviews contained herein.

Oil prices have fallen to pre‑war levels. AI companies continue to sell off

By JustMarkets 

On Thursday, US indices showed mixed dynamics, reflecting a deep split between the overheated technology sector and the “traditional” economy. By the end of the day, the Dow Jones Index (US30) rose by 1.14%. The S&P 500 Index (US500) closed at its opening price. The Technology‑heavy NASDAQ Index (US100) closed lower by 0.80%. Semiconductor manufacturers (Micron, Applied Materials, AMD, SanDisk, Marvell) continued a second wave of sell‑offs amid doubts about the sustainability of AI‑company valuations, while the Dow Jones Index updated its historical high. The key driver of Dow’s growth was US employment data, which came in weaker than expected. This cooled market fears regarding immediate Fed tightening and offset negative sentiment.

European indices closed in the green on Thursday. By the end of the day, Germany’s DAX (DE40) rose by 2.16%, France’s CAC 40 (FR40) closed up 1.65%, Spain’s IBEX 35 (ES35) gained 1.37%, and the UK’s FTSE 100 (UK100) finished the trading session higher by 1.67%. On Thursday, the DAX 40 Index showed impressive growth, updating its historical high. The main driver of optimism was a large reform package from Friedrich Merz’s government, including tax relief for households and housing‑sector initiatives, which, combined with weakening hawkish expectations for Fed and ECB policy, created a favorable investment environment.

The US natural gas prices fell below 3.2 dollars per MMBtu amid oversupply and bearish dynamics in related energy markets. According to the EIA report, weekly storage injections reached 87 billion cubic feet, exceeding expectations and keeping inventories 6.2% above historical averages. Fundamental pressure is complemented by high production activity: output in the continental states remains near a record 110 billion cubic feet per day, while LNG export capacity is steadily loaded at 17.3 billion cubic feet per day.

Oil prices (WTI) fell by 2% to around 67 dollars per barrel, reaching pre‑war levels amid a sharp increase in shipments through the Strait of Hormuz, which exceeded 10 million barrels per day. The market is reacting to the recovery of export flows from the UAE and active releases of oil from reserves, which, along with one‑off sales by Saudi Arabia, form a persistent oversupply. Meanwhile, US domestic oil inventories have reached their lowest level since March 2025, reflecting the consequences of a twelve‑week period of continuous declines.

On Thursday, Japan’s Nikkei 225 (JP225) fell by 2.47%, China’s FTSE China A50 closed lower by 3.11%, Hong Kong’s Hang Seng (HK50) rose by 0.76%, and Australia’s ASX 200 (AU200) closed higher yesterday by 0.02%. Market optimism was driven by improved global risk sentiment after weak US labor‑market data, which reduced fears of further Fed rate hikes. Additional support for risk appetite came from falling oil prices amid normalization of shipping through the Strait of Hormuz, which eased inflationary pressure and created a favorable backdrop for a wide range of assets.

The Australian dollar is strengthening for the second session in a row, approaching 0.690 USD and ending the week in the green. Growth is supported by the hawkish interpretation of the minutes from the June meeting of the Reserve Bank of Australia: analysts at CBA and ANZ highlighted the regulator’s concern about excessive demand and capacity constraints, which signals persistent inflation risks despite market skepticism regarding further rate hikes.

The New Zealand dollar recovered to 0.570, breaking a prolonged downward trend and showing its first weekly gain in three weeks. The main catalyst for optimism was the weakening of the US dollar caused by disappointing US labor‑market data, which forced investors to revise expectations regarding aggressive Fed rate hikes. Positive dynamics for the kiwi are also supported by market anticipation of the Reserve Bank of New Zealand’s decision at the upcoming meeting. Despite expert discussions about the appropriateness of a pause in tightening due to falling global energy prices, market pricing reflects a roughly 78% probability of a rate hike.

S&P 500 (US500) 7,483.24 +0.01 (+0.01%)

Dow Jones (US30) 52,900.07 +594.83 (+1.14%)

DAX (DE40) 25,580.88 +540.60 (+2.16%)

FTSE 100 (UK100) 10,652.87 +174.53 (+1.67%)

USD Index 100.85 -0.55 (-0.54%)

News feed for: 2026.07.03

  • Australia Services PMI (m/m) at 02:00 (GMT+3) – AUD (MED)
  • Japan Services PMI (m/m) at 03:30 (GMT+3) – JPY (MED)
  • China RatingDog Services PMI (m/m) at 04:45 (GMT+3) – CHA50, HK50 (MED)
  • German Services PMI (m/m) at 10:55 (GMT+3) – EUR (MED)
  • Eurozone Services PMI (m/m) at 11:00 (GMT+3) – EUR (MED)
  • Eurozone ECB President Lagarde Speaks at 11:30 (GMT+3) – EUR (LOW)
  • UK Services PMI (m/m) at 11:30 (GMT+3) – GBP (MED)
  • UK BoE Gov Bailey Speech Speaks at 18:00 (GMT+3) – GBP (LOW)

By JustMarkets

 

This article reflects a personal opinion and should not be interpreted as an investment advice, and/or offer, and/or a persistent request for carrying out financial transactions, and/or a guarantee, and/or a forecast of future events.

Mid-week review: ECB Forum, US NFP & Intervention risk

By ForexTime 

  • US stocks heading for best quarter in 6 years
  • ECB forum in Sintra may rock markets
  • Yen weakens to levels not seen since 1986
  • US NFP on Thursday may set tone for July
  • Gold lingers around $4000 level

It’s been a positive week for equity markets so far as easing US-Iran tensions lifted sentiment and stimulated appetite for risk.

Global equities are mostly higher, with the S&P500 set to secure its best quarter in six years.

Stock markets are securing gains as investors prepare for another strong earnings season, while lower oil prices may reduce inflation fears – cooling bets around higher US rates.

This bullish combination could mean a solid start for global stocks in Q3.

The world’s most powerful central bankers are gathering at a luxury resort in Sintra, Portugal this week.

This forum of financial heavyweights is a big deal and may provide critical insight into monetary policy for the second half of 2026.

Anything Lagarde, Warsh and their peers say this week could move currencies, gold and risk sentiment fast.

This could be a big week for the Japanese Yen after its recent losses extended beyond 162 against the dollar.

Such a major milestone is likely to ruffle fears in Japan as the currency trades around levels not seen since 1986.

It’s worth noting that Japanese authorities have already spent almost $74 billion in late April to prop up the currency.

Given how the USDJPY is a ticking timebomb, it remains a question of when, not if, Japan intervenes.

US markets are closed on Friday and Japan has made a habit of intervening during the US holiday periods. So, there could be some fireworks by the end of this week or earlier.

Gold is on track for its biggest quarterly decline in 13 years.

The precious metal has been pressured by inflation risk thanks to US-Iran tensions. A stronger dollar has added pressure to gold, making the metal more expensive for many buyers, with a gauge of the greenback rising more than 2% this month.

A strong US jobs report on July 2, where World Cup-related hiring nudges the headline number above expectations, may reinforce the Fed’s hawkish narrative. If this bolsters the odds of a hike in July, gold could be set for fresh pain below $4000.


 

Forex-Time-LogoArticle by ForexTime

 

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