The cryptocurrency market shows signs of trimming gains accrued last week as Bitcoin (BTC) slides below $65,000 at the time of writing on Monday. Meanwhile, Gold (XAU/USD) maintains a bullish outlook, hovering above $4,350.
The Dow Jones Industrial Average trades near 54,000 on Monday, lower by a tenth of a percent inside a range of barely 200 points, the narrowest daily bar in weeks. Every price of the session sits inside Friday's range, and Friday's sat inside Thursday's.
Tradingkey - On August 10, Eastern Time, driven by uncertainty over the prospects of reopening the Strait of Hormuz and ongoing security tensions in the Middle East, market concerns over crude oil sup
The Pound Sterling advances during the North American session, up 0.20% as markets digest developments in the Middle East and await crucial inflation data in the United States (US). The GBP/USD trades at 1.3520 after bouncing off daily lows of 1.3483.
Dell Technologies Inc (DELL) moved up by 3.81%. The Technology Equipment sector is down by 0.91%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (
Equinor ASA (EQNR) moved up by 4.37%. The Energy - Fossil Fuels sector is up by 2.73%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Exxon Mobil Corp (XOM) up 3.30%; C
Spotify Technology SA (SPOT) moved up by 5.43%. The Software & IT Services sector is up by 1.74%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) u
British American Tobacco plc (BTI) moved down by 3.86%. The Food & Beverages sector is down by 0.89%. The company underperformed the industry. Top 3 stocks by turnover in the sector: Coca-Cola Co (KO)
Uber Technologies Inc (UBER) moved up by 3.20%. The Software & IT Services sector is up by 1.74%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSFT) u
HSBC Asset Management notes that Emerging Market local-currency bonds have delivered strong returns over the past four years, supported by credible policies and attractive real yields, but year-to-date performance has softened as US Treasury yields rose and EM-US real rate differentials narrowed.
Nordea economist Jan Størup Nielsen notes that Danish inflation eased slightly in July, with headline consumer prices up 1.7% year-over-year and core inflation steady at 2.3%.
USD/CAD trades on the back foot on Monday even as the US Dollar (USD) regains some ground after weakening last week following softer-than-expected US Nonfarm Payrolls (NFP) data. Attention now turns to Wednesday’s US Consumer Price Index (CPI) report.
Resmed Inc (RMD) moved up by 3.01%. The Healthcare Services & Equipment sector is up by 0.91%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Boston Scientific Corp (BS
Palantir Technologies Inc (PLTR) moved up by 3.92%. The Software & IT Services sector is up by 1.10%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Microsoft Corp (MSF
Chevron Corp (CVX) moved up by 3.25%. The Energy - Fossil Fuels sector is up by 2.59%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Exxon Mobil Corp (XOM) up 3.24%; C
Ferguson Enterprises Inc (FERG) moved up by 4.20%. The Cyclical Consumer Products sector is up by 1.13%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Nike Inc (NKE) d
ConocoPhillips (COP) moved up by 3.27%. The Energy - Fossil Fuels sector is up by 2.59%. The company outperformed the industry. Top 3 stocks by turnover in the sector: Exxon Mobil Corp (XOM) up 3.24%;
TradingKey - On August 10, Eastern Time, Apple's (AAPL) stock price has been hovering around $300 since its quarterly earnings report was released. However, Wall Street's bearish sentiment toward Appl
Strategy (MSTR) reported on Monday the sale of Bitcoin (BTC) worth roughly $109 million between August 3 and August 9, raising money for its STRC stock buybacks.
TradingKey - On July 22, Tesla (TSLA) announced a significant increase in vehicle sales for the second quarter of 2026, but the company reported a substantial drop in profitability. Almost half a mill
Rabobank's Senior FX Strategist Jane Foley notes Eurozone Q2 Gross Domestic Product (GDP) and Purchasing Managers' Index (PMI) data surprised to the upside, suggesting resilience despite higher energy prices and supply disruptions.
The Australian Dollar (AUD) trades near the 0.7060 level against the US Dollar (USD) on Monday, giving back a little ground after six straight weeks of gains.
EUR/USD treads water on Monday as the US Dollar (USD) steadies following its post-NFP weakness, while Oil prices rise amid uncertainty over the reopening of the Strait of Hormuz. At the time of writing, the pair trades around 1.1553, virtually unchanged on the day.
AUD/JPY rises 0.70% on Monday and trades around 112.25 at the time of writing. The pair benefits from broad weakness in the Japanese Yen (JPY), while the Australian Dollar (AUD) holds firm ahead of the Reserve Bank of Australia (RBA) monetary policy decision on Tuesday.
TD Securities’ US economists Oscar Munoz and Eli Nir expect US output growth to move sideways in 2026 as the lingering Oil shock and Iran-related risks keep the Federal Reserve on hold through year-end.
Tradingkey - On August 10, Eastern Time, SpaceX ( SPCX) briefly returned to its IPO price of $135 intraday, before turning down by over 1%, bringing its latest market capitalization to $1.76 trillion.
ING’s Francesco Pesole highlights that softer United States (US) data and a more dovish Fed outlook should, in theory, benefit the Japanese Yen (JPY) given its high rate sensitivity.
Arm Holdings PLC (ARM) moved down by 4.64%. The Technology Equipment sector is down by 0.72%. The company underperformed the industry. Top 3 stocks by turnover in the sector: Micron Technology Inc (MU