- Decline in gas prices: Natural gas contracts (NATGAS) fell by approximately 2% as a result of the rollover of futures contracts and new forecasts indicating a cooling in the US at the end of August and beginning of September
- The market eagerly awaits Wednesday's financial results from Nvidia za drugi kwartał 2025, which may have a significant impact on investor sentiment going forward.
- Na Wall Street dominują spadki. The Russell 2000 is performing particularly poorly, with a decline of nearly 0.7%. At the same time, the Nasdaq is reversing its early losses and is currently up 0.16%. The S&P 500 index is down 0.14%.
- The Forex market was dominated by the Australian dollar and the US dollar. These currencies gained the most against a broad basket of currencies. On the other hand, we observed declines in the euro and the Japanese yen.
- The German Ifo business climate index unexpectedly rose in August to 89,0 z poziomu 88,6 jaki był w lipcu. This is the highest reading in over a year, signaling an improvement in the overall mood among German companies.
- Ørsted (ORSTED.DK) records a decline of 15% due to a dispute with the presidential administration over a wind farm project in the Rhode Island area.
- Christine Lagarde pointed out that the European labor market has effectively coped with recent difficulties, suggesting that the worst times are now behind us.
- Moody’s zdecydowało się na lower Austria's credit rating due to growing concerns about the increase in the budget deficit.
- The options market increasingly anticipates an increase in the value of the euro against the dollar. Europe has ended its cycle of interest rate cuts without any serious economic disruption or deterioration in the labor market, while pressure on the US Fed to accelerate and deepen interest rate cuts is steadily increasing.
- Lipiec brought mixed data on new home sales in the US. The results were better than expected, although the growth rate slowed compared to June.
- Retail sales in Poland (July 2025): wzrosła o 4,8% year-on-year (y/y) both in current prices and after adjusting for inflation
- Cryptocurrencies start the week with declines. Bitcoin falls from the level of 118 00 dolarów amerykańskich to the level of 112 000 dolarów, Ethereum falls more than 5% below 4600 USD, while other altcoins are seeing declines due to profit-taking and the strengthening of the dollar.
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.