📊 Morning Market Update | 4 August 2025 🌍
Happy Monday, traders! Let’s dive into what’s moving the markets today 👇
📈 Stocks:
A calm start to the week for global markets. After Friday’s sell-off, futures are showing modest recovery:
🇪🇺 EU50 is up 🔼 0.45%
🇺🇸 US500 is up 🔼 0.38%
🇨🇳 Chinese indices lead the charge with CHN.cash 🔼 1.55% and HK.cash 🔼 1.45% – likely thanks to fresh tax reform news.
💼 China:
Beijing surprised markets by announcing a tax on interest from government and financial bonds – a historic policy shift that could impact investment strategies.
🇦🇺 Australia:
The Melbourne Institute inflation index spiked in July – its fastest pace in 19 months! But markets are closed today due to a bank holiday.
🇯🇵 Japan:
Top trade negotiator Ryosei Akazawa clarified that the US-Japan deal isn’t legally binding and warned against reading too much into US statements.
💱 Currencies:
G10 pairs are mostly steady, with the 🇺🇸 US dollar regaining some ground after Friday’s fall.
🇨🇦 Canada-US Talks:
Prime Minister Carney and President Trump are set to meet soon to discuss rolling back 35% tariffs on Canadian goods (outside USMCA). Markets await developments 🤝
🛢️ Oil:
Crude opened lower after OPEC+ confirmed a production hike of 548K barrels/day from September, but prices quickly bounced back as the move was widely expected.
💰 Crypto:
Mixed moves to start the week:
🟢 Ethereum +0.7%
🟢 Stellar +2.5%
🔴 Bitcoin -0.2%
📅 Key Data Today:
🇨🇭 Swiss CPI
🇺🇸 US durable goods orders
⚡ Stay sharp – macro shifts and headlines could turn the tide quickly.
🚀 Trade smart with NordFX – where markets meet opportunity.
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