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Resilient growth, rising yields and energy risks are putting increasingly expensive markets under pressure.
Nvidia continues to reap the benefits of the AI boom ahead of its August 26 earnings, but hardware shifts are chipping away at its dominance just as structural risks emerge.
Gold’s breakout has gathered momentum as falling long-term yields and a softer dollar give bulls a powerful fundamental tailwind.
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Oil, yields and the dollar are increasingly setting the direction for gold and Japanese equities.
Mounting costs from a memory chip crunch and declining smartphone sales weighed on revenues and profitability, but EV deliveries continued to grow.
The index maintains its momentum after last week's records as markets price in a hold next week and the earnings season has been favourable, but risks linger.
Cooling inflation, softer yields and a weaker dollar are steadily improving gold's macro backdrop.
Intel posted another strong quarter on AI demand, but fears over its ability to scale, competition and broader chip industry threats are testing the stock's upside prospects.
Oil, the dollar, gold and equities are approaching key levels as rates and geopolitics shape the next cross-asset move.
The Australian central bank kept rates at 4.35% and lowered its inflation forecasts, weighing on the pair, but does not see inflation returning to the target range this year and kept the door open to more hikes.
Middle East hopes and structural demand drivers are fuelling an XAG/USD recovery, but technical and macro risks linger.
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