Pre-market Nasdaq futures rose more than 1%, with tech stocks and Chinese concept stocks surging before the market, AMD up more than 9%

Pre-market trading in US stocks, with all three major index futures rising collectively, Nasdaq futures up over 1%. Tech stocks and popular Chinese concept stocks are both soaring, with ASML up over 8%, AMD up over 9%, XPeng, Bilibili up over 4%.

The Bank of Japan announced a rate hike beyond expectations today, followed by the Federal Reserve's interest rate decision the next morning. Influenced by the Bank of Japan's "hawkish" stance, the US dollar continued to decline against the Japanese yen, falling over 1%, with the yen breaking above 151 for the first time since April this year.

After-market trading in US stocks, Meta, Qualcomm, Arm Holdings, Lam Research, among others, will also release earnings reports.

Nasdaq futures up over 1%, AMD up over 9%, popular Chinese concept stocks rising

Nasdaq futures up 1.49%, S&P 500 index futures up 0.89%, Dow futures up 0.28%.

The "Big Seven" of US stocks and tech stocks surged pre-market. ASML up over 8%, AMD up over 9%, Broadcom up nearly 4%; Microsoft down over 2%.

Popular Chinese concept stocks significantly rose pre-market, Li Auto, XPeng, Bilibili up over 4%, NetEase up nearly 2%, JD.com, Baidu up over 1%.

New energy vehicle stocks rising collectively, Faraday Future up over 43% pre-market.

Starbucks up over 3% pre-market, maintaining forecast for fiscal year 2024.

European stocks open high and rise, ASML European stocks briefly up 11%

European stocks opened higher, with the Euro Stoxx 50 index up 1.36%, Germany's DAX30 index up 0.31%, France's CAC40 index up 1.16%, and the UK's FTSE 100 index up 0.92%.

European stocks generally rising, ASML briefly up 11%, currently up over 6%, AstraZeneca, Nestle up over 1%.

Bank of Japan "hawkish", yen surges

On Wednesday, July 31, the Bank of Japan unexpectedly adopted a "hawkish" stance, announcing a rate hike and balance sheet reduction, exceeding expectations with a 15 basis point rate hike and a reduction of 400 billion yen in bond purchases per quarter. Governor Kuroda stated that if the economy and inflation support it, rate hikes will continue, and 0.5% is not a specific upper limit After Katsuo Ueda's speech, the euro continued to decline against the yen, falling by 1.8% intraday to its lowest level since March. The dollar fell below 151 against the yen for the first time since April this year, dropping by over 1% intraday.

The yield on the UK 10-year government bond fell by 5 basis points to 3.99%, the lowest since April.

In terms of commodities, Brent crude and WTI crude rose by about 2%.