Markets are once again playing down issues like coronavirus pandemic or rising US-China tensions as earnings season shows Q2 wasn't as bad as feared. The US stock market is surging with 2 indices reaching record levels - US100 reached a new all-time high while US500 reached a fresh post-pandemic high. Moreover, gold price has climbed above $2,000 for the first time in history and has painted a fresh all-time high near the $2,030 mark amid a flood of cheap money.
Gold has surged above the 2011 peak yesterday and continued to move higher. $2,000 mark was breached for the first time in history. Source: xStation5
Wheat extends correction, falls to its lowest level since July 10 🚩 Drought, El Niño and the Black Sea in focus
📉 Natural gas tumbles as US EIA inventories rise
Oil climbs back above $80 per barrel 🔼
Morning Wrap: Equities under pressure after Wall Street took profits, FX frozen (06.08.2026)