Equities rally in Asia and US on positive news, with currencies and gold prices performing well.

From Investing.com: 2025-06-30 03:16:00

In Asia, Canada’s decision to scrap the digital tax on US firms boosted risk appetite, with E-mini futures up 0.4% and 0.5%. Asian equities also rose, with Japan’s Nikkei gaining 0.9%. Hong Kong’s Hang Seng index recovered from early losses, helped by China’s milder contraction in manufacturing PMI. The US Dollar continued to weaken, with the Yen outperforming and gaining 0.6% against the dollar. US equity markets closed at all-time highs despite inflation rising to 2.7% and consumer spending contracting. Gold prices are eyeing a rebound after a 6% corrective pullback.

The Germany 30 CFD Index is showing bullish momentum, with prices testing key support levels and eyeing a fresh all-time high. Failure to hold above 23,770 could invalidate the bullish tone and lead to a corrective decline sequence.



Read more at Investing.com: Equities Rally Despite Stagflation Fears as Canada Reopens Trade Talks