Market Overview
Equities and Bonds:
UK and US markets were closed for a day. The European stock market rebounded following dovish comments from the French central bank, ending near a three-week low, while European bond prices rose, and the 10-year German bond yield dropped from a four-week high.
Currencies and Cryptocurrencies:
The US Dollar Index continued to retreat from over a one-week high. Bitcoin surged over $2,000, surpassing the $70,000 mark, and Ethereum approached $4,000, hitting a two-month high.
Commodities:
Both Brent and WTI crude oil prices rose by more than 1% during the session, with Brent achieving a one-week high. Gold futures rose over 1%, distancing from a two-week low, and silver futures surged more than 5%.
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