- European indices end the day with declines. On the continent, domestic markets behaved worst today. The British FTSE 100 Index ended the day similarly. France's CAC40, Germany's DAX or Spain's IBEX35 closed the session in slight negative territory.
- U.S. indices are also suffering losses, with the Russell 2000 losing the most.
- The Riksbank cut interest rates to 3.5% today, as expected. Two or three more cuts can be expected before the end of the year.
- Somewhat better data came down from Canada, where a downward trend in inflation is evident.
- Also evident is further strengthening of the Japanese yen, which is slowly approaching yesterday's maximum against the US dollar.
- The dollar index remains in a downward trend, which is invariably related to expected interest rate cuts.
- Gold set its historic peak today, after which profit-taking was evident.
- Israel was expected to accept the United States' proposed terms for a ceasefire in the conflict with Hamas.
- Increased hopes for a ceasefire in recent days are causing further price declines in the oil market. WTI is again approaching an important support zone near $72.5 per barrel
- Bank of America Corp. fell more than 2.05% today after Berkshire Hathaway Inc. Warren Buffett sold more than $550 million worth of shares between August 15 and 19, further reducing its stake in the bank.
- Natural gas is consolidating in the zone of the 50- and 100-day exponential moving averages. The commodity lost 2.8% in today's session, despite updated weather forecasts indicating a continuing heat wave in the central US.
- Bitcoin is retreating after sizable gains, which reached the $61,500 thousand zone with its range. As of this moment, the major cryptocurrency is losing 0.3% on an intraday basis and is trading near $58,700.
