World Market News of the 7 August with FXOpen #stockmarket #ftse100 #dax #goldprice #xauusd #usdjpy

☑️ EUROPEAN MARKETS SET FOR STRONG REBOUND, ENCOURAGED BY WALL STREET RALLY European stocks are expected to rebound at the open on Wednesday as global markets look to rally after a rout on Monday. The U.K.’s FTSE index is expected to open 102 points higher at 8,120, Germany’s DAX up 208 points at 17,526, France’s CAC 40 up 104 points at 7,220 and Italy’s FTSE MIB up 437 points at 31,670, according to data from IG. Regional markets have seesawed since sharp global market declines on Monday; on Tuesday, European opened higher but turned lower later in a choppy trading session. Source: CNBC ☑️ GOLD INCHES LOWER AS TRADERS ASSESS FED RATE CUTS Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut. Spot gold slipped 0.2% to $2, per ounce, as of 0310 GMT. U.S. gold futures fell 0.3% to $2,. Spo