World Market News of the 16 July with FXOpen #futures #stockmarket #dowjones #sp500 #nikkei #gold
✅ US FUTURES GAIN AS TRUMP’S VP PICK FIRMS WIN BETS
The Dow Jones hit an all-time high as Trump named JD Vance as his running mate. Trump Media & Technology Group Corp. soared 31%. Trump’s rising odds of victory also boosted oil producers, gun makers, private prisons, and the cryptocurrency industry. S&P 500 contracts rose 0.1% as traders saw a higher chance of a Trump win after an assassination attempt. Powell’s comment about inflation nearing the 2% goal also boosted sentiment. European futures traded lower ahead of the ECB rate decision on Thursday.
Source: Bloomberg
✅ ASIAN STOCKS ARE MIXED AFTER DOW SETS A NEW RECORD
Asian stocks were mixed on Tuesday as investors grappled with the weak economic data from China awaited the outcome of a top Communist Party policy meeting in Beijing. U.S. futures rose while oil prices fell. Japan’s benchmark Nikkei 225 rose 0.6% to 41, after reopening from a holiday. Hong Kong’s Hang Seng index declined 1.5% to 17, and th
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