Gold, oil and the dollar under the microscope here are the latest market developments in July 2025

Divergent monetary policies ignite market volatility Financial markets are witnessing a state of anticipation with renewed talk about the directions of the US Federal Reserve, after the statements of Christopher Waller, in which he indicated the possibility of cutting interest during the next July meeting by 25 basis points, in light of the slowdown in economic activity and increasing risks in the labor market. This accommodative trend is offset by a more cautious attitude of the ECB, which is taking advantage of the recent decline in the euro, which gives it room to wait in taking any new steps. These differences between the major central banks directly reflected on the movement of indices, as the S-index continued