Gold traded close to $3,340 per ounce, set for its worst week since late June after U.S. producer prices in July rose at the fastest pace in three years, fueling concerns over tariff-driven inflation despite expectations for a September Fed rate cut.

Bitcoin stood at $119,092, up 0.61% on the day, with slight monthly gains but up 102% over the year. Analysts see potential declines toward $112,337 by quarter-end and $100,005 within a year.

The yen strengthened toward 147 per dollar as Japan’s Q2 GDP grew 0.3%, entirely from net exports. The data supported expectations for a BoJ rate hike, reinforced by U.S. Treasury Secretary Bessent’s comments on Japan’s inflation stance.

Brent crude slipped below $67, paring prior gains as markets awaited the Trump–Putin talks, with Trump warning of severe measures if no Ukraine deal is reached.

The US 100 Tech Index dipped 0.07% to 23,868, down 4.19% over four weeks but still up more than 22% year-on-year.

The offshore yuan eased toward 7.18 after July data showed slowing industrial output and retail sales, along with a rise in unemployment, raising fresh concerns about China’s economic momentum.