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The Dow Jones Industrial Average extended its gains to over 1%, while the S&P 500 and Nasdaq Composite narrowed their losses, falling 0.12% and 0.89%, respectively.

2026-07-03

The Dow Jones Industrial Average extended its gains to over 1%, while the S&P 500 and Nasdaq Composite narrowed their losses, falling 0.12% and 0.89%, respectively.

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2026-07-03

Sources say the Hong Kong government will launch a long‑planned gold clearing and settlement system next week and plans to process the first gold settlement via the new system on Tuesday. Market participants report large physical flows out of London,

Sources say the Hong Kong government will launch a long‑planned gold clearing and settlement system next week and plans to process the first gold settlement via the new system on Tuesday. Market participants report large physical flows out of London, the US and Europe, with large-format bars being air‑freighted to Asia ahead of the start. The move could trigger near‑term volatility in the London gold market as participants rebalance. If the system draws significant international and local bank participation, Hong Kong could shift from a price taker to a price setter in global gold pricing.
2026-07-03

UK services activity contracted for a second month in June, with the final services PMI sliding to 48.8 from 49.3 in May — the weakest reading since January 2023. New business declined at the fastest pace since November 2022. Firms cited the ongoing

UK services activity contracted for a second month in June, with the final services PMI sliding to 48.8 from 49.3 in May — the weakest reading since January 2023. New business declined at the fastest pace since November 2022. Firms cited the ongoing conflict involving Iran, uncertainty over who would replace Starmer and the direction of fiscal policy, and persistent global inflationary pressures.
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