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Forex Market
USD Firms as Equities Rally; AUD Holds Steady

General Market
Wall Street
- Dow Jones +0.7% to 49,490
- S&P 500 +1.0% to 7,138 (record highs)
- Nasdaq +1.6% to 24,658
Asia-Pacific
- ASX 200 -1.2% to 8,844
- Shanghai Composite +0.5% to 4,106
- Nikkei +0.4% to 59,586
Europe
- FTSE -0.2% to 10,476
- DAX -0.3% to 24,195
- CAC -1.0% to 8,156
Headlines to Watch
United States
- U.S. equities hit record highs driven by strong corporate earnings
- MBA Mortgage Applications surged to 7.9%
- Focus shifts to U.S. PMI data and labor market indicators
Europe / UK
- UK CPI exceeded expectations, adding pressure on the pound
- European equities remain subdued amid inflation concerns
Asia-Pacific
- Japan trade balance missed expectations
- Mixed equity performance across the region
Global
- U.S.–Iran developments continue to drive oil and FX volatility
- Brent crude rises above $100 amid geopolitical tensions
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