Global Markets:
- Asian Stock Markets : Nikkei down 0.64%, Shanghai Composite up 0.08% Hang Seng up 0.58% ASX down 0.16%
- Commodities : Gold at $4,172.31 (1.13%) Silver at $62.220 (1.89%), Brent Oil at $71.90 (-0.31%), WTI Oil at $68.62 (-0.10%)
- Rates : US 10-year yield at 4.465, UK 10-year yield at 4.7868, Germany 10-year yield at 2.9323
News & Data:
- (USD) Non-Farm Employment Change 57K to 114K expected
Markets Update:
U.S. stock futures edged higher on Sunday night after a strong week on Wall Street pushed the Dow Jones Industrial Average to fresh record highs. Dow futures gained 89 points, or 0.17%, while S&P 500 futures rose 0.4% and Nasdaq-100 futures advanced 0.98%.
Asia-Pacific markets traded mixed on Monday as investors reassessed artificial intelligence-related stocks and awaited the release of minutes from the U.S. Federal Reserve’s June policy meeting later this week. Japan’s Nikkei 225 fell 0.7%, while the Topix gained 0.2%. South Korea’s Kospi lost 0.91%, with the Kosdaq down 1%. Chinese markets opened higher, with Hong Kong’s Hang Seng Index rising 0.4% and the CSI 300 adding 0.2%. Australia’s S&P/ASX 200 remained flat.
The Japanese yen traded at 161.54 per U.S. dollar after recently touching a 40-year low, while South Korea’s won weakened 0.25% following the launch of 24-hour currency trading.
Last week, the Dow climbed nearly 2%, while the S&P 500 and Nasdaq Composite gained 1.8% and 2.1%, respectively. Although semiconductor stocks remained under pressure, investors shifted toward sectors such as financials, healthcare, and industrials. Analysts believe this broader market participation is encouraging, with expectations that the S&P 500 could approach the 8,000 level in the coming weeks as attention turns to the Federal Reserve’s latest meeting minutes.
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