Monday’s Market Update | 03-Feb-2025
🔹 Gold edged down 0.24% to $2,795.00, cushioned by safe-haven demand.
🔹 Forex: USD/JPY slipped 0.12% to 155.01 as the dollar softened. EUR/USD held steady at 1.0425, while GBP/USD fell 0.26% amid trade uncertainties.
🔹 Stocks: Asian markets saw sharp declines—Nikkei 225 dropped 3.00%, KOSPI fell 3.05%, and the Hang Seng Index slid 0.74%, all reacting to escalating trade tensions.
🔹 Oil: Bucking the trend, WTI Crude surged 2.00% to $73.97, while Brent Crude climbed 0.80% to $76.29 on supply concerns.
Markets are shifting fast. Ready to take the chance?
Trading CFDs carries a high level of risk and may not be suitable for all individuals.