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USDJPY fell a significant -3.88% to close at ¥157.434, a week after reaching a four decade high. With the Dollar Index falling -1.49% this week, EURUSD climbed 1.39% to end the week at 1.15246. GBPUSD was also on a 1.31% rise, ending the week at  1.3482. Crude Oil fell -5.20% this week, closing the month at 84.67. Brent dropped more significantly by -9.14%, to end the week at 87.93.  Gold was on a slight drop of -0.22% to end July at  4,042.97, and Silver also fell by -0.62%, closing the week at 57.62.   It was a rebound week for Major US Indices, with S&P 500 closing the week at 7,489.72 after climbing by 1.05%. Nasdaq also rose by 0.52% to end the week at 28,274.20, and Dow Jones closed at 52,485.03 after a 1.04% rise.  Microsoft (21.75%), Google (11.38%) and Amazon (17.00%) stocks jump significantly, while Apple (-7.24%), Meta (-6.47%) and Nvidia (-2.94%) fell this week. Bitcoin reached the 63k levels after falling by -2.03% this week. Ethereum also fell -0.31% this week but continues well above the 1,8k levels.
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All information and insights provided must not be taken as financial advice, but only as updates and speculation by our expert team
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