📈 Global Markets: US Dollar Drops to Multi-Month Low Amid Soft Economic Data

• Market Performance: US stocks ended mixed with the S&P 500 down 0.11% and the Dow Jones falling 0.21%. The tech-focused Nasdaq Composite rose 0.08%, buoyed by strong revenue forecasts from AI lab Anthropic. The pan-European STOXX 600 edged down 0.06%, while global stock indices overall remained flat. • Currency & Interest Rates: The US Dollar Index fell 0.17% to 99.42—its lowest level since June—as soft US economic data, including an unexpected drop in retail sales, led markets to push back expectations for the Federal Reserve’s next rate decision. The Euro gained 0.22% against the greenback to reach $1.1595. • Bond Yields & Fiscal Trends: 30-year US Treasury yields surged to their highest levels since 2007. The sharp rise in yields was driven by growing market concerns over the US fiscal trajectory alongside heavy corporate debt issuance, particularly within the AI & tech sector. • Key Drivers: While recent inflation figures for July showed easing price pressures, broader market sentiment remains constrained by lingering geopolitical uncertainty in the Middle East and ongoing evaluation of massive capital expenditures in tech infrastructure.