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U.S. dollar rises to monthly highs ahead of key NFP data for July

The DXY-U.S. dollar index which tracks the value of the greenback against six major peers climbed as high as 102.80 on Thursday’s trading session, posting its highest level since early July, ahead of the key U.S. NFP-nonfarm payrolls data for July later in the day.

Crude oil hits three-month highs on supply tightness and recovering demand

Both Brent and WTI crude oil prices hover near three-month highs of $84.50/b and $80.50/b on Monday morning as the production cuts from OPEC+ and Russia have tightened global supplies coupled with the economic resiliency, falling inflation, and growing optimism over China’s stimulus.

Copper rebounds over $3.90/lb on Chinese stimulus and a falling dollar

The price of copper is approaching the key $4 a pound resistant level, having benefited from Chinese officials promising more stimulus measures to support economic recovery, and the weakness in the U

Financial markets are flat at the start of the key central bank week

The week that all market participants have been waiting for; just started, as some central banks-Federal Reserve, European Central Bank, and Bank of Japan will have some key interest rate decisions in their fight against persistent inflation

Nasdaq Composite fell 2% as the stocks of Netflix and Tesla sank

It was a hard trading day on Thursday for the technology sector as the tech-heavy Nasdaq Composite dropped 2

S&P 500 and Nasdaq hit a fresh 15-month high ahead of the Q2 earnings season

Monday’s trading session ended positively for the three major U.S. indices as traders remain optimistic off of encouraging inflation data from last week, with both S&P 500 index and Nasdaq Composite posting a fresh 15-month high ahead for the second quarter earnings season.