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Asian Stock Market - Asian stocks rose in the early hours on Monday. The Nikkei 225 rose 0.14%. In Hong Kong, the Hang Seng index grew by 0.89%. All sectors traded higher, with growth bringing more than 1% gains in IT, finance and energy. However, Chinese shares lagged behind, Shanghai Composite declining by 0.18% and the smaller Shenzhen Composite dropped 0.58%. The widespread gains seen in Asia come after China has announced counter-tariffs for imported goods from the United States on Friday, and on Tuesday Trump said tariffs are working well and is about to make constructive talks with China.

FX Market - The dollar remained stable after US job data, which has increased investors' expectations that the Fed will gradually raise interest rates this year. US employment growth slowed more than expected in July, but declines in unemployment suggest that labor market conditions are more tight. The euro hit a 4-week low against the dollar. The single currency traded at $ 1.15625 after it reached $ 1.1557. Risk appetite in the stock market has returned, which has negatively affected the yen. Given the empty economic calendar during the Asian session and the lack of fundamental news to drive markets, major currency pairs move without major changes.

Commodities market - Oil prices rose as crude oil production in Saudi Arabia surprisingly declined in July. Markets also expect a message from Washington, which will be held later today, describing renewed US sanctions against the major Iranian oil exporter. Brent futures traded at 73.26 dollars a barrel. WTI rose 12 cents or 0.2 percent to 68.61 dollars a barrel.

European stock market - European indices will register profits at the beginning of trading today. DAX is expected to open about 10 points at around 12649.9, CAC to open about 3 points at levels around 5498.1 and UKX to open around 10 points at around 7680.7. Due to the empty economic calendar, I do not expect strong movements in European indices after the initial upward momentum.

US Stock  Market - Conservative will be maintained during the US session after Trump made a few statements from his beloved social network that his high-priced strategy "works much better than anyone expected." The risk of trade war is diminishing, and this has a positive impact on US indices.


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