📊 Market Snapshot — 12–16 Jul
| Market | Key Levels | Day Change | Outlook |
| 🇺🇸 Wall Street | S&P 7,458, Nasdaq 25,520 | -1.06% | 🔴 Bearish |
| 🌏 Asia Pacific | Nikkei 64,141, HSI 24,503 | -3.03% | 🔴 Bearish |
| 🇪🇺 European Markets | DAX 18,232, FTSE 10,600 | -0.44% | 🟡 Cautiously Bearish |
| 💵 US Dollar | vs majors avg +0.25% | +0.25% | 🟡 Cautiously Dollar Strength |
| 🪙 Gold | $4,023.00/oz | +0.77% | 🟢 Safe-Haven Bid |
| 🛢️ Crude Oil | $81.77/bbl | +4.46% | 🟢 Demand Optimism |
| ₿ Bitcoin | $64,091 | +0.47% | 🟡 Cautiously Risk-On |
| 📈 US 10Y Treasury | 4.54% yield | -0.61% | 🔴 Yields Falling |
🇺🇸 Weekly Market Recap — U.S. Markets
Wall Street experienced a challenging week, with US benchmark indices closing in negative territory. The Nasdaq led the declines with a 1.40% drop, followed by the S&P 500 and Dow 30, which fell 1.01% and 0.77%, respectively. The broader market sentiment was cautious as investors digested mixed economic data. The US Consumer Price Index (CPI) for June showed a 0.5% increase, while the core CPI, excluding food and energy, rose by 0.2%. Despite these figures, concerns over inflationary pressures seemed to weigh on investor sentiment, contributing to the week’s downward trend.
In addition to inflation data, the market was influenced by other economic indicators and corporate performances. The Monthly Retail Trade data showed a 0.9% increase, suggesting some resilience in consumer spending. However, this was not enough to offset the broader market declines. Among notable stock movements, CDNA surged 35.6%, outperforming the market, while ASTS saw a significant drop of 17.04%. The volatility index (VIX) rose by 8.13% to 18.09, reflecting heightened market uncertainty and a cautious risk appetite among investors.
Looking ahead, market participants will be closely monitoring upcoming economic events and data releases for further insights into the economic landscape. The focus will likely remain on inflation trends and consumer spending patterns, as these factors continue to play a crucial role in shaping market dynamics. As investors navigate these uncertainties, the potential for volatility remains high, with market sentiment likely to be swayed by any new developments in the economic data.
🏆 Wall Street Movers
Top two gainers in the last trading session include CareDx, Inc. (CDNA), surged 35.60% to while AtaiBeckley Inc. (ATAI), surged 33.40% to .
Losers include AST SpaceMobile, Inc. (ASTS), erasing 17.04% to and MaxLinear, Inc (MXL), erasing 16.25% to .
Elsewhere, most active counters were NU, OPEN, NOK.
🌏 Asia & Europe
Asian markets broadly experienced a downturn this week, with notable declines in key indices. The Nikkei 225 fell by 4.03% to close at 64,141.12, while the Hang Seng Index dropped by 2.02%, ending at 24,503.03. The decrease in the Nikkei 225 was significant, though no specific regional economic events were reported to explain the magnitude of this decline. Similarly, the Hang Seng’s performance did not appear to be directly influenced by any major economic announcements during the week.
Major European exchanges saw mixed results over the week. The FTSE 100 in the UK managed a modest gain of 0.27%, reaching 10,600.37. In contrast, the CAC 40 in France declined by 0.49% to 8,337.06. The broader Euro Stoxx 50 also fell by 0.83% to 6,231.58. The speech by European Central Bank President Christine Lagarde did not appear to have a significant impact on these indices, as the movements were relatively muted. Overall, European markets reflected a cautious sentiment with slight variations across different exchanges.
💵 Forex Markets
| Performance for the week of 12–16 Jul | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| 🇪🇺 🇺🇸 EURUSD | -0.19% | +0.25% | +0.18% | 1.14410 | ▼ |
| 🇬🇧 🇺🇸 GBPUSD | -0.47% | +0.53% | +1.63% | 1.34760 | ▼ |
| 🇺🇸 🇯🇵 USDJPY | +0.12% | +0.43% | -0.10% | 162.38000 | ▲ |
| 🇺🇸 🇨🇦 USDCAD | -0.15% | -0.94% | -1.23% | 1.40200 | ▼ |
| 🇦🇺 🇺🇸 AUDUSD | -0.23% | +0.43% | +0.88% | 0.69800 | ▼ |
| 🇳🇿 🇺🇸 NZDUSD | -0.12% | +1.41% | +2.89% | 0.58400 | ▼ |
| 🇺🇸 🇨🇭 USDCHF | -0.17% | +0.02% | +0.06% | 0.80720 | ▼ |
🌐 Other Markets
🪙 Gold is up by 0.77% (30.90 USD an ounce) to 4,023.00 USD an ounce as on Fri. Previous day close was 3,992.10.
🪨 Silver is up by 0.06% (0.03 USD an ounce) to 56.22 USD an ounce as on Fri. Previous day close was 56.19.
🛢️ Crude Oil is up by 4.46% (3.49 USD per barrel) to 81.77 USD per barrel as on Fri. Previous day close was 78.28.
₿ Bitcoin is up by 0.47% (302.36 USD) to 64,090.88 USD as on Fri. Previous day close was 63,788.52.