🇺🇸 Wall Street dipped after weak ISM services data and rising price pressures:
🔻 S&P 500: -0.5%
🔻 Nasdaq: -0.65%
🔻 DJIA: -0.15%
🟢 Russell 2000 stood out: +0.6%
📈 Futures are pointing higher:
🟩 US100: +0.3% | US500: +0.25% | EU50: +0.2%
🏦 Trump to nominate a new Fed Governor this week after Adriana Kugler’s resignation. A new Fed Chair is also in the works — shortlist reportedly includes “two Kevins and two others.”
💊📱 New tariffs on pharma and semiconductors could be announced within days.
💻 AMD sank -6% in after-hours despite strong gaming revenue 📉
📉 SMCI plunged -17% after weak earnings and soft guidance
🌏 Asia-Pacific markets are upbeat on US-Japan tariff talks:
📈 JP225: +0.6% | AU200: +0.7% | HK.cash: +0.3% | CHN.cash: +0.15%
🇳🇿 NZD is rising after better-than-feared jobs data:
📊 Unemployment: 5.2% (vs. 5.3% forecast)
📈 NZDUSD: +0.3% | AUDUSD: +0.2%
⚖️ USD Index slightly lower: -0.05%
💰 EURUSD flat at 1.157 | GBP, JPY, CHF edge up 0.01–0.06%
📉 Gold: $3,372 (-0.25%) | Silver: $37.81 (flat)
🛢️ Oil up ~0.6% | 🔻 NatGas: -1.2%
💹 Crypto rebound continues:
🟢 Bitcoin: $114,400 (+0.6%)
🟢 Ethereum: $3,656 (+2.3%)
📌 Stay sharp — markets are moving fast.
💼 Brought to you by NordFX — where traders grow.
📊 Morning Market Update | 6 August 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.