Tokyo closes higher as Nikkei extends rally, gold and silver surge while Korea lags sharply
Executive summary: Tokyo and broader Asia-Pacific trading ended mixed but with clear leadership from Japan and Australia, while South Korea sold off hard. The Nikkei 225 rose +2.9% and the Nikkei 225 ETF gained +3.2%, but the Kospi fell -5.1%. In commodities, gold, silver, platinum and palladium all posted outsized gains, while WTI crude and natural gas weakened. The yen also softened against the dollar, adding another layer to the regional cross-asset picture. [Continue Reading]
360LiveNews Markets Intelligence | 07 Aug 2026 07:45 LONDON
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Europe closes higher as gold and silver surge, Brent slips, and autos catch a bid
Executive summary: European equities finished broadly higher, led by the CAC 40, DAX and Euro Stoxx 50, while the FTSE 100 edged up more modestly. The session was defined by a sharp rally in precious metals, a drop in Brent crude, and a softer USD/JPY, with global autos also outperforming. The move points to a market still balancing risk appetite with a strong defensive bid in metals and a cooling in energy prices. [Continue Reading]
360LiveNews Markets Intelligence | 06 Aug 2026 16:45 LONDON
