Gold advanced toward $4,300 per ounce, recording a fourth consecutive daily gain and securing a weekly rise of nearly 6%. The rally was supported by reduced expectations of Federal Reserve tightening, with markets now pricing in only one additional rate hike this year. Lower crude oil prices helped ease broader concerns regarding energy-driven inflation.

USD/JPY paused near 157.6 following a strong rally triggered by joint currency intervention from Japanese and U.S. authorities. Tokyo and Washington actively bought yen to support the currency, with Japanese official data confirming expenditures of ¥8.45 trillion and ¥5.33 trillion across two consecutive sessions. Officials indicated a readiness to conduct further market operations if needed.

Bitcoin slipped 0.18% to trade around $64,486, continuing a mild downward trend over the past month. The cryptocurrency remains down 45.12% on an annual basis, though long-term market forecasts project potential recovery toward the $70,702 level over the next 12 months.

Brent crude extended its decline to trade near $79 per barrel following news that Iran and Oman agreed to establish a temporary shipping corridor through the Strait of Hormuz. While the arrangement improves expectations for Middle Eastern crude exports over the coming months, Iranian officials noted that it does not constitute a complete reopening of the waterway.

The US 100 Tech Index dropped 0.83% to around 29,412, reflecting short-term weakness despite maintaining a 25.75% gain compared with the previous year. Market projections point toward moderate downside pressure over the coming quarters, with estimates positioning the index near 27,675 by the end of the current quarter.

USD/CNH hovered near 6.74, remaining close to its strongest valuation since early 2023. Positive updates regarding mediation efforts between the U.S. and Iran improved broader risk sentiment, offsetting domestic economic data that showed China's July Composite PMI falling to a one-year low of 50.8.