Quick Take: European stocks are set for a positive open, buoyed by hopes of central bank rate cuts, upbeat Asian trading, and a rebound in risk appetite. The US dollar is softer, commodities are firming, and crypto markets are seeing renewed inflows. All eyes are on central bank signals and fresh economic data as trading begins.
🌍 Stock Markets: Global Cues Set Up a Positive Open
US Markets: Mixed overnight—S&P 500 slipped (-0.5%) on weak ISM services data, but small caps (Russell 2000) outperformed. Softer US jobs data is fueling expectations for a Fed rate cut as early as September.
Asia: Most indices rallied (Nikkei 225 >41,000, Shanghai Comp. >3,630, Hang Seng >24,910), driven by optimism over potential US monetary easing and strong tech/financials.
Europe (Pre-market): Major indices point higher:
DAX: +0.33%
FTSE 100: +0.28%
EuroStoxx 50: +0.34%
IBEX 35: +0.90% (strongest)
Only AEX shows a slight dip (-0.35%)
💱 Forex: Dollar Softens, Euro & Pound Rebound
Pair
Latest Rate
Trend & Drivers
EUR/USD
1.1676
Rebounding on weak US data, ECB still dovish
GBP/USD
1.336
Firmer ahead of BoE decision, but outlook cautious
USD/JPY
147.2–147.8
Volatile, yen firmer on BOJ tightening speculation
Key Driver: Softer US labor data and rising Fed cut bets are weighing on the dollar, supporting euro and pound gains.
🛢️ Commodities: Oil & Gold Edge Higher
Commodity
Price (USD)
Change
Comment
Brent Oil
$67.39
+0.64%
Rebounding after recent drop
WTI Oil
$64.84
+0.87%
Supported by OPEC+ signals
Gold
$3,379.87
+0.32%
Firm as rate cut hopes grow
Nat. Gas
$3.09
-0.10%
Slightly lower
Key Driver: Commodities are stabilizing as risk appetite returns and traders position for potential central bank easing.
🪙 Crypto: Renewed Momentum
Coin
Price (USD)
24h Change
Bitcoin
$114,674
+0.53%
Ethereum
$3,696
+1.92%
Solana
$169.23
+3.23%
Dogecoin
$0.2061
+3.32%
Key Driver: Crypto markets are seeing moderate gains, with increased trading volumes and a neutral sentiment (Fear & Greed Index: 54/100).
📈 Technical Levels to Watch (Opening)
Index
Immediate Support
Immediate Resistance
FTSE 100
8,758
8,847
DAX
23,805
24,044
EuroStoxx 50
5,270
5,323
CAC 40
7,597
7,673
🔎 What’s Moving Markets This Morning?
Central Bank Watch: Markets are pricing in a higher chance of Fed and BoE rate cuts after weak US jobs and services data.
Global Growth: Asian optimism and easing trade tensions are lifting risk sentiment.
Commodities & Crypto: Stabilizing as investors rotate back into risk assets.
Economic Data Ahead: Watch for Eurozone and UK releases, plus any central bank commentary.
Key Takeaway: European markets are poised for a firmer open, with risk appetite returning on hopes of central bank support. Watch for volatility around economic data and policy headlines as the session unfolds.
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El Mundo del Trading en los Mercados Financieros 