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Asset Summary – Wednesday, 6 August
Asset Summary – Wednesday, 6 August GBPUSD experienced a recovery towards $1.328 after hitting an 11-week low, primarily driven by US dollar weakness stemming from a less robust US jobs report. Despite this short-term rebound, the currency pair faced significant downward pressure throughout July, culminating in its worst monthly performance in nearly two years. This…
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Dow Jones Swings Around Flatline – Wednesday, 6 August
US stocks experienced mixed performance on Wednesday, with the S&P 500 and Nasdaq showing slight gains while the Dow Jones fluctuated around the flatline. The market’s attention remained fixed on corporate earnings reports and developments in international trade, especially following President Trump’s announcement of increased tariffs on countries importing energy from Russia and anticipated levies…
