Gold climbs above $4,400 after cooler July US inflation reduces expectations for a September Fed rate hike, keeping bullion near two-month highs in Asia.
TSMC stock rose 1.7% to $429.15 as AI infrastructure earnings, record July revenue and a stronger 2026 outlook lifted semiconductor shares across Wall Street.
Oil prices fell more than 1% on Thursday after OPEC and the IEA cut 2026 demand forecasts, while a sharp US inventory build outweighed Middle East supply risks.
South Korea’s KOSPI jumped 4.8% as SK Hynix and Samsung surged, while Japan’s Nikkei 225 rose as chip momentum and softer U.S. CPI lifted sentiment.
USD/JPY rebounds toward 160 as the US-Japan rate gap supports carry trades, while intervention risk and central bank policy shape the outlook.
Gold rises towards $4,400 on August 12 as geopolitical risks lift demand, while markets await US CPI data for the next signal on Federal Reserve policy.
Brent crude approaches $90 as stalled US-Iran diplomacy, shipping attacks and restricted Hormuz traffic intensify global supply concerns.
U.S. stocks closed lower on August 11 as SpaceX fell 3.9%, while SK Hynix led memory shares higher and CoreWeave surged 16% after its earnings report.
Supermicro stock rose about 8% after Q4 earnings as stronger margins and upbeat FY2027 guidance outweighed a modest revenue miss. What traders should watch.
Eurizon says the USD to JPY exchange rate may have peaked, forecasting the yen could strengthen toward 125 after joint US-Japan intervention.
NIO stock fell 4.15% after BlackRock disclosed a stake reduction, despite strong July deliveries and record demand for the ES9 electric SUV.
CoreWeave stock surged nearly 16% after Q2 revenue doubled to $2.575 billion and its AI infrastructure backlog reached $104 billion.
US July CPI is expected to ease to 3.4%, potentially reducing Fed rate hike bets and influencing the dollar, Treasury yields, gold and stocks.
The yen approaches 160 per dollar as intervention gains fade, with carry trades, rate differentials and US inflation data shaping USD/JPY.
Bitcoin falls below $64,000 as fading hopes for a Hormuz deal lift oil prices and Strategy sells 1,690 BTC to fund preferred-share buybacks this week.
Gold price today rises above $4,430 as weak US payrolls and central-bank demand support bullion ahead of July CPI and renewed Hormuz risks.
Microsoft stock has climbed nearly 30% after its Q4 earnings beat, as Azure growth, a $678 billion backlog and higher analyst targets support the AI outlook.
Silver falls nearly 2% below $65 as surging oil prices lift Treasury yields and Fed hike bets, while strong Chinese industrial demand offers some support.
WTI and Brent rose about 5% as US-Iran compensation demands weakened hopes of reopening the Strait of Hormuz, reviving inflation concerns.
Gold price forecast this week turns bullish as XAU/USD breaks $4,400, with US CPI, PPI and Fed rate expectations set to drive the next move.
