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*?? EU stocks followed the upward trend after volatile Asian session & a rally in the US session overnight.
? Treasuries lost ground due to hawkish comments from the Fed's Bowman, combined with risk-on flows into the NASDAQ and a better-than-expected confidence report weighing on bonds.
? Investors are likely to continue investing in US stocks at any sign of a pullback as the Fed moves closer to reducing interest rates.
? The bounce in Nvidia after its 3-day rout helped lift tech stocks and, in turn, the NASDAQ & the S&P500.
? Rivian Inc. surged as Volkswagen AG announced a $5 billion investment to form a joint venture.
? USDJPY held just below the critical 160 per dollar level, raising concerns about possible market intervention.
?? The AUD strengthened to 0.6688 due to faster-than-expected inflation.
?️ USOIL held a decline following an industry report indicating a small increase in US crude inventories.
? Copper fell to its lowest level in over 2 months due to pressure from weak Chinese demand.*