Global economic growth remains steady at 3.2%, bolstering risk-on sentiment despite ongoing tariff concerns. AI-linked stocks and cryptocurrency ETFs have experienced significant gains, with MongoDB shares soaring by 83.45%. Meanwhile, gold prices have declined by $20 to $25.
In the commodities market, CME futures have advanced, although a decrease in open interest suggests short covering. Sugar prices have shown strength, contrasting with weaker performances in corn and lumber. Traders continue to exercise caution due to valuation risks and thin liquidity conditions.
Global Growth Steady at 3.2% as Crypto ETFs and AI Stocks Surge
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