
โ
Wall Street bounced back on Tuesday:
๐ S&P 500: +0.7% | ๐ Nasdaq: +1.2% | ๐ข DJIA: +0.2%
๐ป Small-caps corrected slightly (Russell 2000: -0.2%)
๐ Futures suggest continued optimism:
๐ฉ US100: +0.25% | US500: +0.2% | EU50:ย +0.45%
๐บ๐ธ Donald Trumpโs reciprocal tariffs kicked in at midnight:
๐น UK: 10% | EU & Japan: 15% | ๐จ๐ญ Switzerland hit hardest: 39%
๐ฅ A 100% tariff threat on semiconductors is in the airโโโbut US-based investors may get exemptions, calming supply chainย fears.
๐ Apple surged another 2.5% after unveiling a $100B โAmerica Manufacturing Programโ aimed at creating 20,000 jobs and boosting US production ๐บ๐ธ
๐ Asia-Pacific is mixed:
๐ JP225, HK.cash, CHN.cash: +0.5%
โ๏ธ AU200 flat | ๐ป Nifty 50 falls as India hit with 50% US tariffs
๐ Australiaโs imports dropped 3.1% y/y, but trade surplus soared to 5.365B AUD (vs. 3B forecast)
๐ Toyota cut its operating income forecast by 600B yen ๐ after a 37% plunge in quarterly net profitโโโblamingย tariffs.
๐จ๐ณ Chinaโs trade surplus narrowed (to $98.2B), but export growth beat forecasts ๐ฆ (+7.2%), showing strong activity amid ongoing US-China trade peaceย ๐ค
๐ฑ Forex Highlights:
๐ข AUDUSD: +0.2% | ๐ข NZDUSD: +0.25%โโโpowered by Australiaโs surplus
๐ฉ EURUSD: 1.167 (+0.1%) | CHF, GBP, JPY, CAD also in the green
๐ USD Index pauses after 4-dayย slide
๐ฐ Commodities:
๐ก Gold: $3,377 (+0.25%) | โช Silver: $38.05 (+0.6%)
๐ข Brent & WTI: +0.75% after 5-day fall
๐ฅ NATGAS keeps climbing: +0.25%
๐ช Crypto Check:
๐ป Bitcoin: $114,670 (-0.5%)
๐ข Ethereum: $3,680 (+0.15%)
๐ธ Altcoins mostly in red (LINK: -0.5%, SOL:ย -0.2%)
๐ Markets are riding on tariffs, trade deals, and tech power. Stay sharp, stay updatedโโโand stay ahead with NordFXย ๐
#Forex #Stocks #Crypto #TradingUpdate #NordFX #MarketNews #Apple #TrumpTariffs #Gold #Bitcoin #Ethereum #ForexTrading #CryptoNews
๐ Morning Market Update | 7 August 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.