Global markets displayed cautious optimism following President Trump’s assurance of U.S. support for Ukraine in a future peace roadmap. European stocks edged higher, while oil and defense shares slipped. The euro gained ground, gold inched up, and long-term Treasury yields stayed elevated. Market attention is now squarely on the upcoming Federal Reserve meeting in Jackson Hole, with evolving expectations around inflation and possible rate cuts. Tech sectors remain in focus, featuring SoftBank’s Intel investment, strong forecasts from Palo Alto Networks, and Nvidia’s advanced AI chip development for China.
