Higher oil prices strengthened inflation concerns, lifting the probability of a September Fed rate hike to 78%. Gold fell below $4,100, silver slipped under $59, the US 100 Tech Index lost 1.87%, and Bitcoin declined 1.47% as higher rate expectations weighed on sentiment.

The euro fell after the ECB kept rates unchanged, sterling weakened as markets priced further BOE tightening, and the yen dropped to a four-decade low despite rising BOJ hike expectations. 

Take a look at today's market news!