🔹 Market Recap & Outlook
Ending July 18, 2025
📈 Weekly Market Recap & Outlook | Week Ending Jul 18, 2025
🏛️ Capital Markets
SPY (S&P 500 ETF) sits at $627.58, dipping ~0.07% this week, but still pacing +18% YTD .
10‑Year U.S. Treasury yield ranges around 4.44%, stubbornly lingering near highs.
💵 Currency – Dollar Index (DXY)
DXY trades at 98.46, sliding ~0.25% over the past month.
₿ Digital Assets
Bitcoin: Currently bouncing around $118,000, with weekly consolidation after cracking a new all time high above $122,800 on Monday July 14th.
Ethereum: Now at $3,740, is back at the same price level as the start of 2025.
🧠 AI & Tech
Perplexity AI raised $100M at an $18B valuation.
Mega‑rounds in OpenAI ($40B), Scale AI ($14B), and Thinking Machines Lab (~$2B) confirm the AI party is ongoing.
🛢️ Commodities
WTI Crude futures closed at $66.05, down from last week.
Gold futures close around $3,358.
🏠 Real Estate
30‑year mortgage rate averages 6.81–6.87%, with Monday’s 6.87% reading per Bankrate.
CRE remains under pressure; residential housing holds firm amid affordability headwinds.
🏦 Federal Reserve
Powell speaks Tuesday, Jul 22—his last public remarks before the July FOMC meeting.
Fed‑funds futures are pricing in just one 25 bps cut in 2025.
June CPI printed 2.7% YoY, suggesting inflation concerns ahead.
🔮 The Week Ahead:
Powell - Fed Speech (Tuesday)
Earnings – TSLA & GOOGL (Wed)
Macro Data – U.S. Existing Homes Sales (Wed)
Crypto – BTC ranging ~118K; regulation news could shake waters.
📌 Bottom Line
Everything is “calm”...but not really. Yields cling to highs, the dollar wobbles modestly, and AI/crypto remain grounded in narratives awaiting proof. Powell’s Tuesday speech and the following data docket could be the spark—or the snooze.