Market Insights
Trading Tools
Japan's market fell below 38,000 as risk sentiment ebbed. Foreign investors sold futures but bought cash equities, showing sustained confidence.
The Norwegian krone, one of the worst-performing top 10 currencies this year, hit record lows against the US dollar and euro on Tuesday.
Gold retreated from its $2,500 high on Monday but remained strong, bolstered by hopes of a Fed rate cut at the next meeting.
The euro held steady on Friday, near its highest this year. The Fed is expected to ease aggressively, possibly with a half-point cut in September.
Oil prices rose on Thursday, recovering some losses amid hopes for Fed rate cuts, though concerns over slow global demand capped gains.
After three years of rising prices, Americans got good news as the June CPI eased to 3% thanks to falling gas and car prices.
US indexes closed higher Tuesday, hitting a near two-week high after softer producer price data boosted expectations of a Fed rate cut in September.
Gold retreated from early August highs on Tuesday, but inflows may keep it strong ahead of US inflation data. Recent volatility has shocked markets.
On Monday, the Loonie held steady as economists deemed the US jobs data reaction overblown, influenced by immigration and Hurricane Beryl.
Gold prices fell on Friday after a 1% rise, driven by safe-haven demand and expectations of a significant Fed rate cut in September.
Oil prices increased for the third consecutive day after US crude stockpiles dropped significantly, rebounding from multi-month lows.
The RBA kept rates steady and reiterated flexibility on inflation control, leading markets to lower expectations for a November rate cut.
The Turkish Lira reached a record low this week, despite a weak dollar from a poor jobs report. It's down 13.8% this year, with no end in sight.
Japanese stocks surged at Tuesday's open, boosting Asian markets and triggering circuit breakers, after central bank reassurances calmed investors.
