• U.S. indices ended the week on an optimistic note. At today's session opening, there was a rise primarily in smaller-cap companies. However, sentiment also returned to large companies as the session progressed. The US500 gained 1.40% to 5520 points, US100 1.50% to 19270 points, and the smaller-cap index US200 increased 1.10% to 2270 points.

  • In Europe, there were attempts to recover from the week's downward pressure. The German DAX closed the intraday session up 0.68%, the French CAC40 added 1.22%, and the British FTSE 100 gained 1.21%.

  • Better performance from companies Hermes and Essilor Luxottica today bolstered sentiments in the European and global fashion markets.

  • U.S. PCE data came in line with expectations, triggering no significant market reaction. On one hand, there were positive surprises in core data, broadly offset by a low personal income reading. U.S. treasury yields fell after the data release.

  • Final UoM data indicate slightly higher inflation expectations in the long term. The July report showed a slight increase in consumer sentiment to 66.4 points. One-year inflation expectations remained at 2.9%, while five-year expectations rose slightly to 3.0%.

  • In the FX market, Antipodean currencies and the British pound performed best today. The Swiss franc, however, remained under selling pressure.

  • Charter Communications shares surged nearly 15% in today's session after the company reported second-quarter results that exceeded analysts' expectations.

  • 3M recorded a solid second quarter, with adjusted earnings per share rising to $1.93 from $1.39 a year earlier, surpassing analyst expectations of $1.68 per share.

  • In the energy commodities market, we observe declines. WTI oil lost 1.2%, while natural gas was down 2.35%.

  • Precious metals fared better today. Gold gained 0.9%, maintaining a long-term upward trend marked by the 50-day EMA.

  • Bitcoin also saw solid growth of 2.50%, with its price rising to $67,400. Optimistic sentiments also prevailed in the sector of smaller projects. Ethereum gained 2.30% to $3250, rebounding strongly after the introduction of spot ETFs.

  • The Altcoin sector, excluding BTC and ETH, gained 2.60% in market cap today, slightly more than Bitcoin. Investor attention is focused on niche AI projects.