#MarketMind
#TradingDay: Momentum fizzles, gold sizzles

ORLANDO, Florida, Aug 3 (Reuters) - Solid corporate earnings and optimism around a peace deal in the Middle East pushed world stocks to new highs on Wednesday, although momentum cooled as investors digested some tech weakness and the latest hawkish remarks on U.S. interest rates from a Federal Reserve official.

Meanwhile, gold had its best day in six months.
In my ​column today, I put Wall Street's race to new highs in the global context - as impressive as it is, it is far from ‌exceptional. The earnings and growth advantage the U.S. has enjoyed over its developed world peers may be shrinking...

Today's Talking Points:
Lockup countdown
The SpaceX IPO in June was one of the most anticipated in history, and its first share lockup expiry on Thursday is no different. Insiders who acquired stakes before its June listing at a fraction of the $135-per-share IPO price stand to make big gains, but their sales could add fresh pressure on the stock, which is already 20% below its IPO price and 50% off its high...

Inflation expectations
If Fed Chair Kevin Warsh is looking for measures of inflation expectations that ‌lean more ⁠to the benign end of the spectrum, he might consider the 1-year inflation swap rate. It was 1.71% on Wednesday, the lowest since 2024 and down from over 3.5% a few months ago. Importantly, it is below the Fed's 2% medium-term inflation target. The 2-year swap rate got as low as 2.07%...

Time to shine
Gold had its best day on Wednesday in six months, rising 4.5% and moving further away from the $4,000/oz level. Unlike oil or other precious metals lately, gold tends not to move this much — this was one of bullion's biggest one-day rises since the GFC. What gives?...

What could move markets tomorrow?
China trade (July)
Mexico interest rate decision
U.S. Challenger jobs layoffs (July)
U.S. St. Louis ​Fed President Alberto Musalem speaks
Global corporate earnings

https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-08-05/

Google stock drops amid AI leadership shake-up
https://finance.yahoo.com/technology/article/google-stock-drops-amid-deepmind-leadership-shake-up-170219204.html

SanDisk sinks as revenue forecast falls short of expectations
https://finance.yahoo.com/markets/stocks/article/sandisk-stock-sinks-as-revenue-forecast-falls-short-of-expectations-163703465.html

Meta debuts Muse Spark 1.2 and first coding agent as it ramps up competition with OpenAI, Anthropic
https://finance.yahoo.com/technology/article/meta-debuts-muse-spark-12-and-first-coding-agent-as-it-ramps-up-competition-with-openai-anthropic-213338398.html

#Earnings live updates:
Western Digital stock sinks after 200% rally sets high bar, Expedia stock pops

Earnings continue to roll in, driving the stock market to new highs.

SpaceX (SPCX) and AMD (AMD) reported after the closing bell on Tuesday, but the stocks fell as investors weighed capex plans and expectations for bigger beats.
High-flying memory names Sandisk (SNDK) and Western Digital (WDC) also sank on Wednesday after delivering earnings after hot rallies so far this year. Disney (DIS), Uber (UBER), Eli Lilly (LLY), and Kraft Heinz (KHC) also reported results.

https://finance.yahoo.com/markets/live/earnings-live-updates-130425228.html

SpaceX stock hits new all-time low as AI capex jumps in Q2
https://finance.yahoo.com/technology/article/spacex-stock-hits-new-all-time-low-as-ai-capex-jumps-in-q2-132323178.html

Goldman Sachs stock doubles from 'Liberation Day' lows
https://finance.yahoo.com/markets/stocks/article/goldman-sachs-stock-doubles-from-liberation-day-lows-180548528.html

Disney's Q3 earnings top estimates on demand for experiences, company exits A+E Media stake
https://finance.yahoo.com/markets/stocks/article/disneys-q3-earnings-top-estimates-on-demand-for-experiences-company-exits-ae-media-stake-103619379.html

Why SpaceX stock may keep tanking if history is any indication
https://finance.yahoo.com/markets/article/why-spacex-stock-may-keep-tanking-if-history-is-any-indication-162308673.html

Circle CEO Jeremy Allaire: 'Billions of agents' will soon flood the workforce
https://finance.yahoo.com/technology/article/circle-ceo-jeremy-allaire-billions-of-agents-will-soon-flood-the-workforce-160009916.html

Morning Briefing: Top stories from The Straits Times on Aug 6, 2026


https://str.sg/dyYk

#WeekAhead by Reuters, Investopedia & Yahoo Finance
#Chart of the Day by Yahoo Finance
#Earnings by Earnings Whisper
#USMarketUpdate by Reuters, CNBC and Yahoo Finance
#TradingDay #MarketMind by Reuters
#MarketsWrap by Bloomberg
#SgMarketUpdate by Business Times
#HKMarketUpdate by Reuters and Trading Economics

#AndreiJikh

This video explores the recent U.S. intervention in the Japanese yen market and the broader economic motivations behind it. Below are the key points:

The Intervention: A leaked note from Treasury Secretary Scott Bessent revealed plans to buy $5-10 billion in Japanese yen (0:48 - 1:17). The video argues this may be a psychological maneuver designed to influence market sentiment without actually needing to spend significant capital (1:39 - 2:47).
The Economic Trillemma: The U.S. is facing a difficult choice between three goals: reshoring manufacturing, maintaining price stability (low inflation), and ensuring economic stability for the U.S. bond market (4:32 - 5:35). The creator suggests the U.S. is sacrificing the strength of the dollar to maintain these other two priorities (8:42 - 9:56).
Strategic Cooperation with Japan: Japan is the largest foreign holder of U.S. debt. A weakening yen puts pressure on Japanese investors to sell U.S. Treasuries, which would hurt the U.S. bond market. Therefore, supporting the yen is framed as a move to protect the U.S. ability to borrow (12:01 - 14:48).
The Role of Scott Bessent: The video details Bessent's history as a successful macro investor, specifically his work on major currency trades in the 1990s and 2012, suggesting he is strategically using market psychology to achieve government policy goals (15:10 - 18:47).
Investment Perspective: The creator concludes that while no one knows when a major market shift will occur, they are watching the 30-year Treasury yield, the yen, and commodities like gold for signals of future money printing or market crises (23:37 - 25:06).

https://youtu.be/dlaVKt9-Tfg?is=Zw_Ewooxjt_WbN9e

#Soloway

No B.S. Just Charts.

Gold just delivered a major wedge breakout, and Gareth Soloway walks through what the explosive move off that pattern signals for the near-term path and the long-term target. Does gold zoom straight back to all-time highs, or is a retrace into support the more likely play first? Gareth breaks down the technicals and lays out the levels that matter.

Gareth starts with the gold wedge pattern and why the breakout was so explosive, pointing to the energy that builds as a wedge tightens to a head. He identifies the $4,375 area as the next resistance zone, a former support level that has flipped to resistance, and explains why a pullback into it would be normal. He also covers why his most bearish physical-buy scenario in the $3,500 to $3,600 zone is not off the table even after the breakout.

From there Gareth overlays the current chart against the 1980 gold peak, matching the structure beat for beat, and makes his case for why cycles rhyme: human fear and greed do not change. He ties the compressing gold cycles to fiat money supply growth and rising global debt, and points to his calculator target of $13,000 per ounce in the 2029 to 2031 window.

Gareth then turns to silver hitting a key resistance wall, the $54 level to monitor to the downside, and quick reads on platinum, palladium, and oil, which he sees stuck in a sideways wedge with nothing to do until it resolves.

https://youtu.be/pF2tfiaJHlo?is=yWVQWmmSdc2w2okh

#Kelvin

Passive income in Singapore sounds like the dream: build it once, and it pays you forever. I have 8 different sources that together bring in over SGD 24,000 a month, and after running all of them, I can tell you there is no such thing as truly passive income.

Some of these take five minutes to set up and pay you loose change. Others pay real money, but only for as long as you keep showing up. So instead of just listing them out, I'm rating all 8 on three things: how easy it is to start, how much you can actually earn, and how passive it really is.

In this video I go through every single source I have, exactly how much each one pays me, and which ones are actually worth your time.

⏱️ TIMESTAMPS
00:00 — Hook
00:44 — Bank and cash
03:10 — BigFundr
07:30 — Singapore Savings Bonds
09:11 — Dividends
11:43 — YouTube AdSense
13:33 — Affiliate income
14:54 — Ko-fi
16:40 — Options
18:30 — What actually surprised me

.https://youtu.be/6LF_7KVJwQQ?is=YtPfoFYldnlFkEb3

<Full-day Takeaway>HSI Down 385 pts; HSTI Down 112 pts; WHARF REIC Up over 13%; WHARF REIC, TECHTRONIC IND, GENSCRIPT BIO, ABLE DIGITAL, CATHAY PAC AIR Hit New Highs; Market Turnover Rises
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1536962/top-news/AAFN

<HSI>HSI Ends Down 385 pts as AIA Slumps ~6%; WHARF REIC Leaps 13%+ Post-results; MINIMAX Rallies 17% AASTOCKS Financial News - Top News
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1536970/top-news/AAFN

DBS Reports Record S$6 Billion Income: 4 Key Takeaways for Investors
https://thesmartinvestor.com.sg/dbs-reports-record-s6-billion-income-4-key-takeaways-for-investors/

Evening Update: Today’s headlines from The Straits Times on Aug 6, 2026

https://str.sg/J6BqJ

#SgMarketUpdate
Singapore stocks rise on blue-chip gains; STI up 1%

https://www.businesstimes.com.sg/companies-markets/singapore-stocks-rise-blue-chip-gains-sti-1

Daily Debrief: What Happened Today (Aug 6)
https://www.businesstimes.com.sg/singapore/daily-debrief-what-happened-today-aug-62