World Market News of the 6 August with FXOpen #goldpricetoday #xauusd #nikkei #crudeoil #brent #wti
☑️ JAPAN’S NIKKEI SEES BEST DAY SINCE OCTOBER 2008; LOGS RECORD SINGLE-DAY JUMP IN POINTS
Japan stocks rebounded sharply on Tuesday after the Nikkei 225 and the Topix dropped over 12% in the previous session.
The Nikkei ended the day up % at 34,, hitting its largest daily gain since October 2008 and highest ever spike in terms of index points. The Topix finished up 9.3% at 2,.
The rallies in Japan saw both indexes climb back into positive territories for the year so far.
Source: CNBC
☑️ GOLD NUDGES HIGHER ON MOUNTING U.S. RATE CUT BETS
Gold prices edged higher on Tuesday after comments from Federal Reserve officials reinforced expectations of bigger U.S. interest rate cuts later this year.
Spot gold was up 0.1% to $2, per ounce as of 0354 GMT. Bullion fell to its lowest since July 26 in the previous session, caught in a global sell-off driven by fears of a U.S. recession.
U.S. gold futures rose 0.2% to $2,.
Source:
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