US Stock Market:

The US stock market found upward momentum after new inflation data matched previous forecasts by experts, raising investor expectations for interest rate cuts this year, with the first expected to occur in September.

At the close of the week on July 26, the Dow Jones index rose 654.27 points (or 1.64%) to 40,589.34 points. The S&P 500 also increased by 1.11% to 5,459.10 points. The Nasdaq Composite advanced 1.03% to 17,357.88 points.

US Treasury Bonds:

The yield on the 10-year US Treasury bond slightly retreated this morning, hovering around 4.176%, down from last weekend's level of 4.194%.

Dollar Index:

The US Dollar Strength Index (DXY Index) remained within a narrow range of 104-104.55 last week. Early this morning on July 29, the DXY was around 104.32 points.

Gold Market:

Global gold prices showed signs of recovery early this morning, with spot gold prices rising by more than $3 compared to last week’s closing level, reaching over $2,390 per ounce. Gold futures showed similar behavior, with futures prices advancing about $58 early this morning, reaching nearly $2,439 per ounce.

Commodity Market:

WTI and Brent oil prices both declined at the end of last week. By the close on July 26, WTI crude oil futures fell by $1.12 (or 1.43%) to $77.16 per barrel, while Brent crude oil futures dropped by $1.24 (or 1.51%) to $81.13 per barrel.

Oil prices fell despite positive US economic data towards the end of the week, including preliminary Q2 GDP growth at 2.8%, stronger than expected. This decline was due to selling pressure on oil contracts from investors as China, the world's largest crude oil importer, slowed its imports. Additionally, China’s interest rate cut last week raised concerns about the recovery of the world's second-largest economy.

Source: Collected from various sources