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💵 The US dollar struggles to regain momentum as fears over Middle East tensions, the AI bubble and European debt concerns push Treasury yields lower. Meanwhile, hawkish signals from other central banks support their currencies.
📈 The S&P 500 and Nasdaq recover as strong corporate earnings and optimism around AI boost tech stocks. However, concerns over an AI bubble and potential policy-driven market volatility keep investors cautious.
🪙 Gold remains under pressure, testing the lower end of its $4,080–4,200 range for the third time in two weeks. Fears of persistent inflation and aggressive Fed rate hikes weigh on the precious metal, despite falling Treasury yields and a weaker dollar.
â‚¿ Bitcoin moves more closely with the Nasdaq-100 as renewed interest in big tech supports prices. Spot Bitcoin ETFs see $1.1 billion in net inflows after two weeks of outflows, while JPMorgan forecasts a 10% annual return over the next decade.
📊 Next week, traders will watch central bank meetings, the UK government’s budget, France’s budget debate, US corporate earnings and potential rate hikes from the Bank of Canada, alongside fresh signals from the Fed on monetary policy.
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