Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
UK Services PMI Returns to Growth in July as New Orders and Confidence Rebound 
Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
US Stock Futures Rise as Markets Await July Payrolls Data 
US Job Growth Seen Picking Up in July 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
Israel’s stock market closed higher on Sunday, with the TA 35 index surging 0.95% to reach a new all-time high. Gains in the insurance, real estate, and technology sectors propelled the market, reflecting investor confidence amid a broader global economic slowdown.
Top Performers Lead the Surge
Phoenix Holdings Ltd. emerged as the best performer of the session, jumping 4.31% to hit 5,060.00 points, its highest level in five years. The company’s performance was bolstered by strong quarterly earnings and robust demand in the insurance sector.
Airport City Ltd. also posted impressive gains, climbing 4.03% to 6,141.00 points, while Nova soared 4.01% to 70,090.00 points in late trading, reflecting the resilience of Israel’s technology sector.
In contrast, Camtek Ltd. and Tower Semiconductor Ltd. were among the worst performers, shedding 2.39% and 2.20%, respectively. Teva Pharmaceutical Industries Ltd. also declined, losing 1.93% to close at 6,247.00 points, reflecting challenges in the pharmaceutical industry.
Commodities and Currency Markets
While Israeli stocks gained, commodities saw mixed results. Crude oil prices fell, with January delivery down 1.61% to $67.20 a barrel. Brent oil for February delivery also dropped 1.35% to $71.12 a barrel. Gold futures, however, climbed 0.42% to $2,659.60 per troy ounce, reflecting investor caution amid global market volatility.
Currency markets painted a similar picture. The Israeli shekel strengthened against the U.S. dollar and euro, with USD/ILS down 0.56% to 3.57 and EUR/ILS falling 0.53% to 3.78. The U.S. Dollar Index rose 0.32% to 105.73, indicating continued dollar strength against a basket of major currencies.
