Global Markets Rally Last Week: Dollar Falls 0.51%, Gold Rises 2.13%, Major Earnings Ahead

According to Guru Club, global markets posted solid gains last week with European Stoxx 50 up 0.9% to record highs, while commodities surged—spot gold gained 2.13% and silver jumped 5.42%, as the U.S. dollar index fell 0.51% on cooling rate-hike expectations. Conversely, oil prices declined, with WTI down 0.65% and Brent down 0.91%.

This week brings critical events: China's inflation data, Federal Reserve meeting minutes, Samsung Electronics earnings, and SK Hynix U.S. debut. Notable IPO news includes OpenAI's confirmed secret filing for a $1 trillion valuation, with Microsoft poised as the largest beneficiary. In memory markets, UBS projects DRAM and NAND price increases extending through 2027, while Trendforce forecasts Q3 traditional DRAM prices rising 13-18%. Meanwhile, the U.S. Defense Department initiated strategic lithium carbonate stockpiling, targeting 16,200 tons over five years.