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Live Updates  >  Live Update Details

2025-07-31 17:53:30

[Global Markets Shrouded in Mist: Earnings Frenzy and the Complex Game of Tariffs] ⑴ Global stock markets saw mixed gains and losses on Thursday, as the market weighed a range of economic indicators, including central bank interest rate decisions, inflation data, and trade deal negotiations ahead of Trump's August 1 tariff deadline. ⑵ The Bank of Japan held interest rates steady and raised its inflation forecast, lending cautious optimism to Japan's economic outlook. The Nikkei index closed up over 1%. ⑶ US stock futures surged, with Nasdaq futures up 1.4% and S&P 500 futures up over 1%, primarily driven by strong earnings reports from Microsoft and Meta Platforms that exceeded expectations. ⑷ AJ Bell investment analyst Dan Coatsworth stated that the earnings reports from Meta and Microsoft exceeded expectations, leaving investors ecstatic. ⑸ European stocks were also supported by positive earnings reports. The pan-European Stoxx 600 index was essentially flat, but is expected to rise 1.6% this month, benefiting from easing trade concerns, better-than-expected economic data from the US and Europe, and generally upbeat earnings reports. ⑹ European bank stocks rose more than 1.5%, thanks to positive results from Standard Chartered and Societe Generale. ⑺ Asian investors are also digesting the impact of the US-South Korea trade agreement and Trump's remarks on tariffs on India. ⑻ The South Korean won rose 0.3% after Trump announced that he would impose a 15% tariff on South Korean imports. ⑼ The Federal Reserve kept interest rates unchanged for the fifth consecutive time on Wednesday. Comments from Fed Chairman Powell weakened market confidence in a September rate cut, and the US dollar index hovered near a two-month high. ⑽ Copper futures fell 19.4% as Trump announced a 50% tariff on copper pipes and wires, but did not implement comprehensive restrictions as expected. ⑾ Brent crude oil futures and US WTI crude oil futures both fell slightly, partly due to traders closing positions before contract expiration and reports that the European Union may cancel proposed tariffs on crude palm kernel oil and vegetable oils.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3363.16

73.24

(2.23%)

XAG

37.003

0.319

(0.87%)

CONC

67.26

-2.00

(-2.89%)

OILC

69.48

-2.30

(-3.20%)

USD

98.678

-1.389

(-1.39%)

EURUSD

1.1594

0.0001

(0.01%)

GBPUSD

1.3282

-0.0001

(-0.00%)

USDCNH

7.1909

-0.0006

(-0.01%)

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