🌍 Overview
European equity markets closed higher on Thursday, extending their recent gains as investors digest better-than-expected corporate results and hints of a dovish tilt from global central banks. Wall Street hovered near record territory into the US close, while investors kept an eye on the opening rounds of the Jackson Hole symposium. Commodities traded mixed, as gold maintained its safe-haven appeal and oil prices slipped. The US dollar remained under modest pressure, and crypto markets saw another session of robust activity.
📈 European Stock Markets – Closing Prices
European indices finished the day broadly higher, led by strength in technology and financials. The pan-European STOXX 600 again hit a fresh all-time high.
| Index Name | Last Price | Change (%) |
|---|---|---|
| EURONEXT 100 | 1,601.25 | +0.25% |
| CLIMATE EUROPE | 2,068.44 | +0.62% |
| LOW CARBON 100 | 164.19 | +0.37% |
| NEXT BIOTECH | 3,091.82 | +0.35% |
| ESG 80 | 2,188.40 | +0.26% |
| REITSMARKET | 1,276.12 | +0.17% |
| CAC 40 (France) | 7,813.78 | +0.36% |
| FTSE MIB (Italy) | 42,301.41 | +0.42% |
| IBEX 35 (Spain) | 15,057.30 | +0.49% |
| STOXX Europe 600 | 552.14 | +0.35% |
🇺🇸 US Markets – Pre-Closing Update
The New York session saw the major indices holding steady near their highs, with investors awaiting Friday’s Fed commentary and further earnings.
| Index | Pre-Closing Price | Change (Points) | Change (%) |
|---|---|---|---|
| S&P 500 | 6,482 | +12 | +0.19% |
| Dow Jones | 39,248 | +28 | +0.07% |
| NASDAQ | 18,072 | +64 | +0.36% |
💱 Forex Market Overview
The US dollar continued to edge lower, with the euro and pound holding firm ahead of key economic data. Most major currency pairs held within recent ranges.
| Pair | Price | Change % | Technical Rating |
|---|---|---|---|
| EUR/USD | 1.1714 | +0.13% | Buy |
| USD/JPY | 147.23 | -0.14% | Sell |
| GBP/USD | 1.3597 | +0.21% | Buy |
| AUD/USD | 0.6556 | +0.11% | Buy |
| USD/CAD | 1.3750 | -0.14% | Neutral |
| USD/CHF | 0.8042 | -0.18% | Sell |
| NZD/USD | 0.5988 | +0.23% | Buy |
🛢️ Commodities Update
Gold:
- Spot price: $3,372.10 per troy ounce (+0.30%)
Gold extended its rally, driven by persistent geopolitical risks and expectations for lower rates.
Oil:
- Brent Crude: $65.02 per barrel (-0.84%)
- WTI Crude: $62.11 per barrel (-0.81%)
Oil slid on lingering demand concerns and an uptick in US inventories.
₿ Cryptocurrency Market Snapshot
Major cryptocurrencies posted modest gains, with Bitcoin holding above $122,000 and Ethereum reaching new 2025 highs.
| Coin | Price (USD) | 24h Change | Market Cap (USD) |
|---|---|---|---|
| Bitcoin | 122,084 | +0.28% | 2.44T |
| Ethereum | 4,765 | +1.01% | 573B |
| XRP | 3.29 | +0.83% | 195B |
| Tether | 1.0001 | 0.00% | 165B |
| BNB | 849.20 | +1.01% | 119B |
- Global crypto market cap: $4.22T (up 0.7% in 24h)
- Bitcoin dominance: 61.1%
- 24h trading volume: $81.8B
📰 Key Financial News
- Central Banks: Investors await Friday’s commentary from the Jackson Hole symposium, with markets betting on a Fed rate cut as soon as September.
- Earnings: Q2 earnings season remains strong: over 83% of S&P 500 companies have beaten expectations. Tech and financials lead the pack.
- Bonds: US Treasury yields steadied after this week’s auctions; the 10-year yield closed at 4.12%.
- Europe: Eurozone industrial production data topped forecasts, supporting regional equity strength.
- Commodities: Gold continues to benefit from risk aversion; oil remains under pressure from weak demand outlooks.
📝 Closing Commentary
A constructive day for global equities, with Europe and the US both notching gains as investors look to central bank signals and resilient corporate profits. With volatility low and optimism building around monetary easing, markets appear well supported—though economic data and policy signals remain in focus. Maintain a diversified approach as the summer rally matures.
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