Week In Review - Week Ending August 08, 2025

Craig Foster
Aug 9, 2025
2 min read

Headline Global & U.S. Market News

U.S. Markets Rebound amid Fed Easing Speculation The S&P 500 posted its strongest week since June, rising 2.4%, while the Nasdaq surged nearly 3.9% to set new record highs, and the Dow gained 1.3%, driven by optimism around tariff exemptions for key firms and strong corporate earnings.
Tariff Tensions Intensify Globally The U.S. implemented sweeping tariffs covering over 60 countries, with rates ranging up to 50%—most notably a 39% tariff on Swiss gold exports. This move is projected to add approximately $2,400 to annual U.S. household costs. Simultaneously, markets continue to watch trade negotiations carefully, including a new transit corridor initiative (TRIPP) between Armenia and Azerbaijan and progress on the India–Middle East–Europe corridor.
Dollar Weakens on Rate Cut Expectations The dollar strengthened modestly Friday but is set for a weekly decline as markets increasingly price in a September Fed rate cut following weak labor data and dovish signals from new appointments to the Federal Reserve.
Asia-Pacific Markets Show Mixed Performance Japan’s Nikkei 225 rose 2%, boosted by strong earnings and tariff hopes, while markets in Hong Kong, South Korea, and Australia lagged behind.
Gold Markets Surged In response to the new gold bar tariffs, Comex futures hit a record $3,534 per ounce.

Key Global Indices (Week Ending August 8, 2025)

U.S. Exchanges

Dow Jones Industrial Average – 44,175.60
S&P 500 – 6,389.45
NASDAQ – 21,450.00

Canada

S&P/TSX Composite Index – 27,758.70
S&P/TSX 60 – 1,824.00

Europe

ATX (Austria) – 4,720.83
BFX (Belgium) – 4,733.91
CAC 40 (France) – 7,743.00
DAX (Germany) – 24,162.90
AEX (Netherlands) – 891.36
OSEAX (Norway) – 1,017.37
OMXSPI (Sweden) – 978.73
SMI (Switzerland) – 11,866.80
FTSE 100 (UK) – 9,095.73
IBOVESPA (Brazil) – 135,913.00

Asia-Pacific

SSE Composite (Shanghai) – 3,635.13
Hang Seng (Hong Kong) – 24,858.80
Nikkei 225 (Japan) – 41,820.50
TAIEX (Taiwan) – 24,021.26
ASX All Ordinaries (Australia) – 9,076.60
ASX 200 (Australia) – 8,807.10
NZX 50 (New Zealand) – 13,963.00

Cryptocurrencies

Bitcoin (BTC) – 116,985
Ethereum (ETH) – 4,197
XRP – 3.29

Commodities & Bond Markets

Commodities

Oil (WTI / Brent) – 63.35
Gold – 3,458.20

Bonds

U.S. 10-Year Treasury Yield – 4.28
U.S. 30-Year Treasury Yield – 4.85

Looking Ahead

Markets are navigating a mix of macroeconomic cues—from equities buoyed by strong earnings to geopolitical tensions and policy uncertainty. In the week ahead, attention turns to U.S. CPI data, Fed outlook, corporate earnings (e.g., Deere, Cisco), and global trade developments.

Disclosure: This information is for informational purposes only and should not be considered investment advice. Market conditions are subject to change. Please consult a qualified financial advisor before making any decisions.