World Market News of the 17 July with FXOpen #dowjones #nasdaq #sp500 #xauusd #nikkei #kospi #boe

☑️ DOW JUMPS 700 POINTS, GOLD HITS RECORD The Dow Jones Industrial Average rose more than 700 points to close at another record high as the bull run appeared to broaden. The S&P 500 gained %, while the Nasdaq inched up 0.2% as tech was left out of the rally. The yield on the 10-year Treasury slipped and U.S. oil prices also declined. Gold prices surged to a record on rising expectations of an interest rate cut in September. Spot gold prices rose 0.5% to $2, per ounce, hitting an all-time high according to LSEG data. Gold futures climbed to $2,478.4 an ounce. Source: CNBC ☑️ ASIAN STOCKS SLIP, WHILE AUSTRALIAN INDEX TRACKS WALL ST RALLY TO HIT RECORD Asian stocks were mostly lower Wednesday even as investors wagered that the Fed will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. The Nikkei 225 index gave up early gains to shed 0.4% to 41,. USD rose to JPY. Australia’s S&P/ASX 200 a