đ Market Update
Global markets rallied as softer U.S. jobs data renewed optimism around rate cuts, while rebounding oil prices kept inflation concerns in focus. The Nasdaq gained 1.19%, and COMEX gold rose 2.33% to US$4,340.70/oz.
Asian equities traded broadly higher, led by semiconductor stocks in South Korea and Japan.
In crypto, $BTC traded above US$65,000, with U.S. spot Bitcoin ETFs recording US$101.7M in net inflows and spot $ETH ETFs adding US$49.6M.
â° Key events this week: U.S. CPI (12 Aug), U.S. PPI (13 Aug), and earnings from major AI companies.