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Gold hits 7-week high on weak US payrolls data, Hormuz deal hopes

Precious metal rises up to around $4,300 per ounce as weaker labor data reduces expectations of Fed rate hike06 August 2026

Global markets seek direction as cooling US labor market fuels growth concerns

Weak US jobs data and AI regulation fears fuel uncertainty, while further Fed rate hike expectations wane as investors focus on upcoming nonfarm payrolls06 August 2026

EXPLAINER - What's behind the US-Japan push to support the yen?

Rare coordinated intervention reflects US concerns over competitiveness and Treasury yields, with analysts warning that yen gains will be temporary without monetary policy support06 August 2026

Shipping groups urge UN to oppose tolls in Strait of Hormuz

Compulsory charges would increase shipping, energy, inflation costs, 8 major maritime associations warn06 August 2026

Turkish stock exchange up at Thursday's open

BIST 100 index gains around 25 points06 August 2026

Asian tech stocks fall amid renewed volatility in AI-linked shares

Regional chipmakers track overnight decline on Wall Street as investors assess sustainability of AI spending06 August 2026

German factory orders rise 3.1% in June, beating expectations

Increase driven by machinery and electronics orders, while orders excluding large contracts fall 0.5%06 August 2026

Russia temporarily allows lower-standard gasoline sales to boost domestic fuel supply

Measure permits sales of Euro-2, Euro-3 and Euro-4 gasoline until July 2027 to help prevent fuel shortages06 August 2026

Etsy to cut 12% of workforce in restructuring push

Online marketplace says layoffs are aimed at streamlining operations, not reducing costs or replacing workers with AI06 August 2026

Dow closes at record high as tech losses drag S&P 500, Nasdaq lower

Nvidia gains on SpaceX AI plans while AMD, Alphabet weigh on broader market06 August 2026

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