Gold price today holds near $4,340 after weak US payrolls reduced Fed rate-hike bets, as markets await July CPI and monitor Treasury yields this week.
EUR/USD climbed to a seven-week high as weaker US jobs data and lower Treasury yields pressured the dollar before the July US CPI report due this week.
US July PPI arrives August 13, with markets watching whether producer inflation confirms cooling CPI trends and reshapes Fed rate expectations.
Oil prices rise as Iran links a full Strait of Hormuz reopening to US concessions, keeping Brent near $84 and global energy supply risks elevated.
US July CPI is forecast to ease to 3.4%, potentially reducing Fed rate-hike expectations and supporting gold, bonds and technology stocks.
Coherent earnings arrive August 12, with investors watching AI data-center demand, Nvidia orders, margins and fiscal 2027 guidance after COHR’s rally.
Bitcoin trades near $65,000 as Ethereum gains almost 8% and XRP falls 6.6%. Compare Strategy (MSTR) and BlackRock’s IBIT for Bitcoin exposure.
CoreWeave earnings arrive August 11, with investors focused on AI revenue growth, its $99.4 billion backlog, margins, debt and heavy capital spending.
Gold trades near $4,250 on August 7 and heads for its strongest week since January as investors await US nonfarm payrolls and monitor oil prices.
USD/JPY rises to 158.40 after reclaiming its 200-day average as traders weigh US payrolls, intervention risk and persistent structural pressure on the yen.
Western Digital stock fell 13% and Sandisk lost nearly 7% on Thursday after cautious guidance shook the AI memory trade despite strong quarterly earnings.
Alphabet stock falls as investors assess major AI leadership changes, a $25 billion bond sale, record infrastructure spending and rapid Google Cloud growth.
Tesla stock fell as the $16.8 billion Terafab plan raised questions over funding, ownership, costs and whether the ambitious chip project can deliver.
SpaceX stock jumped 6.14% as 911.5 million insider shares unlocked, with prior selling and heavy short interest helping absorb the supply shock.
AVGO stock rises as Broadcom’s AI chip revenue accelerates, with OpenAI partnerships and September earnings shaping the next major move.
US nonfarm payrolls are expected to show slower July hiring, while low layoffs, steady unemployment and healthcare gains signal continued resilience.
Iran’s proposed Strait of Hormuz bill would bar US and Israeli ships, as Washington rejects permits, tolls and restrictions on the key oil route.
Gold rises above $4,290 as falling oil prices, a weaker dollar and lower Treasury yields reduce expectations for a September Fed rate hike.
The Nasdaq 100 added $3.5 trillion in market value over four sessions as strong Amazon and Palantir earnings revived demand for AI and chip stocks worldwide.
Palantir stock surged 30% after strong Q2 earnings, but PLTR failed at $166 resistance as high valuation and regulatory risks remained in focus this week.
