Morning Bid: Turbulent week ending on a high

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Morning Bid: Turbulent week ending on a high
Stella QiuGlobal MarketShare Markets
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As it stands now, the yen is set to finish down about 0.5% against the dollar this week, after surging to a seven-month peak on Monday that spurred the...

No one could have guessed how this turbulent week in the markets would end, but remarkably it's only taken one weekly U.S. jobless claims report to undo most of the damage after fears of a looming U.S. recession had sent investors into panic.

Even the much-feared China slowdown story is turning around a bit. Consumer inflation data on Friday showed prices rose by more than expected in July, following trade data on Wednesday that showed a surprising pick-up in import growth. This suggested there is less risk of the world's second-largest economy sliding into outright deflation.

Host country France is now ranked fourth in the gold medal tally, after the U.S., China and Australia. And it has good chances at winning in basketball, volleyball and men's boxing.Israel-Iran latest: Hezbollah and Tehran vow retaliation as Gaza school bombings kill over a dozen According to a market research study published by Custom Market Insights, the demand analysis of Global Genetic Engineering Market size & share revenue was valued at approximately USD 1,400 Million in 2023 and is expected to reach USD 1,491.6 Million in 2024 and is expected to reach around USD 2,917.2 Million by 2033, at a CAGR of 6.74% between 2024 and 2033.

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