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Oct 08, 2025
Gold above 4030, oil at 61.89, USD/JPY near 152.35
Stocks hover near record highs ahead of Friday’s jobs report
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Global Markets Between Caution and Anticipation Ahead of U.S. Jobs Data Global markets opened on October 8, 2025, with a cautious tone, as gold trades above $4030 supported by safe-haven demand ahead of Friday’s U.S. jobs report, a key driver of interest rate expectations. Meanwhile, oil remains steady near $61.89, balancing weak demand concerns with anticipation of OPEC+ production decisions, keeping prices within a tight range. |
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The USD/JPY pair holds around 152.35, maintaining its upward momentum, though fears of potential intervention by the Bank of Japan linger to limit yen weakness.
As for equities, both the Nasdaq and Dow Jones continue hovering near record highs, supported by monetary easing expectations, though overbought signals raise the possibility of short-term corrections.
Between gold as a safe haven, oil as a demand indicator, and major currencies tied to monetary policy, all eyes remain firmly on the U.S. jobs report to determine the markets’ next direction.