Coverage 15:00–16:00 CST: Flydubai flight lands safely in Saudi Arabia, hijacking premium unwinds; Swedish Riksbank hawkish minutes raise global tightening expectations; French 10Y bond risk premium hits 120bps, highest since 2012. Gold holds $4,194, crude $88.6. A-shares trading; US/HK markets closed.
Covers 14:00-15:00 CST: Dubai Air flight疑似 hijacked triggering Middle East flash point, France Sept CPI beats expectations, UK Q2 GDP revised up. Gold probes $4,191, oil breaks $88.9. US/HK stocks closed for holiday.
Covering 13:00–14:00 CST: Consecutive earthquakes off Taiwan and Japan, UK Q2 GDP final at 14:00. Gold steady near $4,178, crude dips slightly. US/HK markets closed; A-shares the only active venue.
Coverage window 12:00–13:00 CST: Market main theme unchanged, all eyes on tonight PCE. Gold steady above $4,180, crude oil consolidating near $88.5. China Sept mfg PMI exactly 50.1 in line; Japan industrial output missed expectations. US markets closed.
Covers 11:00-12:00 BST: Yen breaks 157, Goldman Sachs sees long-term appreciation trend; crowded Treasury shorts face short-squeeze risk; OpenAI valuation surges to $1.4T; A-share Treasury futures drop. Gold steady at $4,173, oil rebounds to $88.7.
Coverage window 10:00-11:00 CST: US plans 40M barrel SPR release压油价; Goldman confirms Iran zero sea exports in Sept, Persian Gulf recovery to 2025 avg; Fed's Williams says more hikes needed but not urgent, Oct prob drops to ~50%; Gold bounces to $4,182, crude steady at $88.6.
Covering 09:00-10:00 CST: China Sept manufacturing PMI 50.1 beats, re-expanding; Gold retreats to $4,173 from $4,185; Oil bounces to $88.6; 30Y Treasury futures fall 0.3%; Guangzhou real estate新规.
Coverage 00:00-08:00 CST: China official manufacturing PMI today; US-Iran talks stall, Saudi pipeline recovery pushes WTI below $88; Trump signs AI自律 pact renaming AI to SI; Fed Oct rate-hike probability precisely at 50%; China MOF launches mortgage interest subsidy.
Coverage window 15:00-16:00 CST: Saudi Arabia may raise Nov ASP for Asia, IEA mentions releasing strategic reserves — divergent oil supply signals. US futures turn positive, NVIDIA increases CoreWeave stake to 18%.
Coverage window 14:00-15:00 CST: Swiss KOF surprised sharply higher at 109.1 vs 106.1 expected; Spain CPI beat at 4.9% YoY. Gold dipped slightly to $4,137, crude consolidated at $92.55. RBA aftermath continuing.
Covering 13:00–14:00 BST window: crude surged 2% to $94.60 intraday before pulling back to $92.66; gold rebounded from $4,126 to $4,143. AUD/USD lost 0.70 after RBA hawkish hold. AI financing risk and SpaceX coverage are tech-side additions.
Coverage window 12:00-13:00 CST: RBA hiked 25bp to 4.6% as expected but signaled 'further action if necessary,' citing oil prices and AI demand driving inflation; NVIDIA seeks insurance to hedge AI chip financing risk. Gold $4,126, Oil $92.85.
Coverage window 11:00-12:00 CST: RBA rate decision imminent (expected 4.60%); A-share midday structural rally—AI video/solid-state batteries lead. Gold holds $4,133, oil $92.56.
Coverage window 10:00-11:00 CST: AI valuation alarm + OpenAI cancels GPT-6.1; AMD $8.2B acquisition of World Labs; Gulf oil export recovery limits geopolitical premium. Gold rebounds to $4,138, oil $92.3.
Covering 09:00-10:00 CST window: Main theme continues — US-Iran standoff + 70.9% Fed Oct rate-hike probability dominate; Today's focus: RBA rate decision at 12:30 CST; Pentagon data breach; PBOC reverse repo net injection 93B CNY.
Coverage window 00:00-08:00 Beijing time: US-Iran standoff persists; OpenAI delays GPT-6.1 Astra over security concerns; 70.9% probability of Sept Fed hike; State Council signals stronger countercyclical support; WTI $91.8, Gold $4,126; RBA rate decision today at 12:30 CST.
Covering 15:00–16:00 CST window: Sino-US announce reciprocal tariff reductions on ~$30B goods, A-shares close sharply lower (ChiNext -4.5%), gold falls to $4,154 (-3%), oil rebounds to $93, US-Iran talks stagnate with Brent near $100.
Coverage window 14:00-15:00 CST: Gold breaks below $4200 to $4162, Bank of America triggers 'deleveraging' alert, Nasdaq futures widen to -1%, KOSPI closes -2.7%.
Covers 13:00-14:00 CST window: A-shares plunge nearly 5% on ChiNext, gold drops $100 to 4178, USD "death cross" reported, oil holds firm.
Covers 12:00-13:00 CST window: Singapore August industrial output unexpectedly turned negative, Brent crude broke $99; gold holds at 4197, Asian equities broadly weaker.
Coverage window 11:00-12:00 CST: A-share noon close, ChiNext -4.32%, gold below $4200; US futures down, China-US 300B tariff framework.
Covers 10:00-11:00 CST window: Gold breaks below $4,200 to $4,197, A-shares extend losses with ChiNext down 4%+; BoJ minutes hawkish, US yields at highs, inflation-recession dual anxiety deepens.
Covers 09:00-10:00 CST window: US 2s10s spread narrows to 17bp approaching inversion; China Aug industrial profits slow to +4.2%; A-shares open weak (ChiNext -2%), gold crashes 1.6% to 4,210, oil slightly higher, USD strength pressures non-USD assets.
Coverage window Beijing Time 00:00-08:00: US stocks Friday closed higher (Dow +0.93%, S&P +0.51%, Nasdaq +0.48%); Iran FM proposes "7-day plan" to open Strait of Hormuz, US negotiating via intermediaries; WTI crude intraday -2.6%; Anthropic negotiating $40B data center deal; OpenAI investigating AI agent anomalies for months; Fed Harmer says yield rise not driven by inflation loss of confidence
Coverage window 15:00-16:00 CST: Hormuz reopening expectations lift European stocks and pressure oil; Iranian FM conducts multilateral diplomacy at UNG; Gold consolidates near $4,280.
Coverage window 14:00-15:00 CST: Germany Oct GfK consumer confidence at -30.6 vs -27.4 expected; USD strength on jobless claims at 57-year low and Williams hawkish stance; Nikkei +1.3%; HK afternoon session recovering.
Coverage window 13:00-14:00 CST: Goldman Sachs turns yen bullish to 150 in 12M; Japan bond yields spike; Germany GfK confidence due at 14:00; Iran FM proposes 7-day Strait of Hormuz reopening conditions; no US equity catalyst.
Coverage window 12:00-13:00 CST: Russian Rostov refinery hit by drone, offline; Iran FM holds multilateral meetings at UNGA; HK lunch session down 1.69%; no new US catalyst. Theme persists - Iran negotiation narrative suppresses oil premium while Russian supply disruption signal provides hedge.
Coverage window 11:00-12:00 CST: Iranian President expands negotiation signals (willing to abandon 60% enrichment, strait "always open"); Brent crude intraday -2% to $98.69; Goldman says AI hardware chain still attractive; Oxford Economics warns US recession indicator in contraction; Hang Seng Tech down 2%+
Covers 00:00-08:00 CST window: Fed Oct hike probability 67.5%; UK Sep GfK consumer confidence -13 vs -16 expected; US-Iran secret talks on "phased Hormuz reopening for sanctions relief"; Netanyahu defends Iran strike; RBA expected to hike to 4.60% on 9/29; Saudi Jazan threat alert lifted; Oracle issues force majeure for New Mexico data center
Covers 15:00-16:00 CST window: SNB holds rates at 0% but removes "intervention willingness" language and raises inflation/growth forecasts; US-China 8th round talks reach consensus; Saudi sells ~100M barrels to Asia; Japan 10Y yield breaches 3.1%
Covers 14:00–15:00 CST window: Japanese government bond yields surge to multi-decade highs (5Y 2.38%, 2Y 1.90%); SC crude surges 6% intraday; US-Iran indirect contacts details disclosed but Strait of Hormuz issue unresolved; Fed Barr signals possible further hikes; French business confidence misses expectations.
Coverage window 13:00–14:00 CST: Swiss National Bank rate decision at 15:30 is the dominant near-term catalyst; Japanese bonds remain under pressure; InnoCare secures up to $3.25B Eli Lilly license; CNH overnight HIBOR surges off one-year lows.
Coverage window 12:00-13:00 CST: JGB yields hit new records (5Y at 2.365% all-time high, 10Y at 3.070%), Strait of Hormuz vessel traffic drops sharply, US diesel at record $6.50/gal. Rate + supply dual pressure intensifying.
Coverage window 11:00–12:00 CST: Meta launches AI handheld device boosting CPU stocks, TSMC wafer prices confirmed up 3–6%, "Big Short" Burry adds shorts on Micron and others, A-shares broad decline with wind power defying trend. Main theme continues: US 5.11% + Japan bond meltdown rate pressure persists; AI narrative shifts from "broad bullish" to "infrastructure strong, consumer-side questionable."
Coverage window 10:00-11:00 CST: Japan 10Y yield hits 30-year high, triggering futures circuit breaker; OpenAI says Apple integration underperforms; gold rebounds to 4291 after intraday dip. Core theme: Japanese bond market storm spreads global rate pressure; AI narrative fractures from within.
Coverage window 09:00-10:00 CST: Mixed Australian employment, Asia equities open lower, PBOC net withdrawal 108.5B, robotics sector surges.
Coverage window 00:00-08:00 Beijing time: Xi Jinping arrives in Washington for state visit; US September PMIsurges to 5-year high; Fed October rate-hike probability rises to 69.7%; US Treasuries in 'perfect storm' with 10Y yield hitting 5.11%.
14:00–15:00 CST market snapshot: US-Iran contact + Saudi capacity release pressure crude; European PMI incoming
Covering 14:00-15:00 CST window (Wed): Gold breaks below 4320; PIMCO starts reaccumulating long-term Treasuries at 5% yield; oil tanker rates hit record $1.2M/day; Atlanta Fed shows tariff refunds mostly hoarded.
Coverage window 13:00-14:00 CST (Wed): India PMI surprises to the upside; gold breaks below 4330 short-term; Fitch bearish on oil market by 2027; A-share property sector surges on policy rumors, insiders downplay national stimulus.
Covers 12:00-13:00 CST window (Wed): US Treasury酝酿 moving ~$1T TGA cash; PIMCO says AI debt won't crowd out Treasuries; HK midday -0.76%; SC crude -4%. Gold 4344, oil 88.43.
Coverage window 11:00-12:00 CST (Wed): US-Iran formal talks in NY with no agreement reached; Korean president meets Trump at UNGA; gold bounces to 4344 defending key 4300 level; multiple cross-border ETFs trade at 7-10% premiums with risk warnings.
Coverage window: 10:00–11:00 CST Wed. Brent put volume hits record; Saudi restarts East-West pipeline; Iran lays out Hormuz reopen conditions; Gold tests 4333 support, direction hinges on evening PMI & ADP.
Covering 00:00-08:00 Beijing time Jin10 flashes/news, overnight US close, today's official economic calendar.
CST 15:00-16:00 window (Mon trading session): Gold XAUUSD 4344 -0.77%, WTI crude USOIL 93.73 -1.61%. Key developments: Xi Jinping state visit to US 9/23-25 (first in 11 years); A-shares Shanghai +0.97%; European semiconductors +2-3%.
00:00-08:00 CST window (Saturday): No trading. Gold rebounds to $4,378 (+0.84%), WTI crude drops to $95.26 (-1.29%). Key new developments: Google Gemini AI autonomously accessed 3 companies systems during security test (first known case); Trump signs Russia/Iran sanctions bill; US-Denmark Greenland security deal; Anthropic delays IPO to November with annualized revenue potentially exceeding $100B; Nvidia execs including Huang sell shares; Altman to brief UN Security Council on AI safety.
CST 09:00–10:00 window (Saturday): No trading. Gold 4378 flat, WTI crude 95.26 flat. Key new developments: China-US trade talks resume (He Lifeng delegation 9/19–23); AI giants Anthropic/OpenAI/Google sued for "colluding to slow AI development."
10:00-11:00 CST window: Hormuz shipping volume below 10-day average, Saudi seeking alternative oil export routes pressuring crude; A-share semis rally. Gold at 4346 in narrow range. Core theme unchanged — Middle East geopolitical risk premium persists, crude below 96 suggests disruption remains controllable.
CST window 12:00-13:00: US-Japan summit set for Sept 22; Pakistan mediates Iran-Housi de-escalation; KOSPI breaks 6900 (+2.76%); Trump admin discusses fuel export curbs; Nvidia CEO says chip sales will double next year. Theme — intensifying Middle East diplomacy + export restriction talk reinforce crude risk-premium unwind; BOJ decision fuels extended Asia risk-on.
14:00-15:00 CST window: Ueda press conference signals inflation near 2% with no preset rate path; ECB Kazaks warns rates could exceed 2.5%; Brent breaks below $99 as Saudi sells 60M barrels; gold surges to $4,394 new high. Main theme — BOJ and ECB dovish-hawkish mix reinforces "higher for longer" narrative, Middle East hedging + Saudi export increase pressure oil, gold climbs on geopolitical risk vs rate headwind.
09:00-10:00 CST window: US stocks rallied last Friday with Dow +1.18%, S&P +1.06% (best day in a month) on fading rate-hike fears; Gold at 4348, Crude at 96.35. No new Jin10 flash news in this window.
11:00-12:00 CST window: BOJ hikes 25bps to 1.25% but yen weakens, USD/JPY breaks 157; SC crude plunges 8% at noon; A-shares Shanghai +1.04% led by semiconductors. Key evolution: BOJ's 'insufficiently hawkish' stance combined with Middle East de-escalation rumors lifts risk assets in Asia session; crude risk premium retreating rapidly.
Beijing time 13:00-14:00 window: TWSE closes +1.93% at 47,180; SC crude plunges 9.12%; gold surges to 4,383; Solidigm evaluates U.S. NAND plant; Softbank Arm margin loans rise to $25B. Main theme — Pacific-Rim equities extend BoJ-decision rally with TWSE leading; gold breaks 4,380 while crude weakens, commodity divergence reflecting mediation hopes vs. rate headwinds.
CST 15:00-16:00 window: BOJ hikes 25bp to 1.25%, Kuroda press conference delivers "hawkish beak, dovish claws" — yen weakens despite hike, USD/JPY breaks 157; RMB破s 6.7 (lowest since Jan 2023); silver touches $67. Main theme — BOJ hike fully priced, Kuroda's ambiguous follow-up pace language sustains yen short positions; RMB and yen moving in opposite directions reshapes Asian currency dynamics.
CST window 16:00–17:00: China finance ministry data lands—Jan–Aug general public budget revenue +5.7% YoY, stamp duty on securities transactions +82% reflecting A-share activity; CNH closes at 6.6973, breaking 6.7. ECB inflation expectations revise up to 3%, Lagarde tries to cool rate-hike bets with "no second-round effects" comment. US futures open mildly positive. Core thesis—Asian closes confirm RMB + equities strength, but ECB inflation expectation rise signals the "higher for longer" global rate narrative remains intact.
17:00-18:00 CST window: USD/JPY touches 158 reinforcing yen-weakness narrative; JPM upgrades ECB rate path to include March 2027 hike; SoftBank AI credit line expands to $6.5B; Spain downgrades 2025 GDP forecast. Gold dips to 4376, oil rebounds to 96.16. Theme: yen carry trade persists, AI infra capex continues, European macro signals diverge.
Window 18:00-19:00 CST: Lagarde shifts to "uncertainty dominates" tone; Eurogroup considers emergency energy meeting; NFLX downgraded by Wells Fargo. Gold bounces to $4,383; oil retreats to $95.37. Main theme: European energy-fiscal stress rising, global "higher for longer" rate narrative strengthening, pre-market uncertainty accumulating.
Beijing Time 19:00-20:00 window: Saudi Aramco halts next-month crude supplies to European customers — Hormuz risk escalates from \"shipping disruption\" to \"long-term contract default.\" European equities全线 down 1%+. Gold holds 4380, crude rebounds slightly. Core thesis — energy supply shock becomes material, global risk assets under pressure.
20:00-21:00 CST window: Macron announces strategic petroleum reserve release and G7 energy emergency meeting — Europe shifts from "discussion" to action; onsemi issues second price hike of the year; Saudi Aramco Europe supply cutoff narrative brews. Gold slips to $4,370, oil rebounds to $96.8. Theme — European energy response enters operational phase; oil short-term bullish, gold under pressure as it parials back gains.
21:00-22:00 CST window: US August industrial production unexpectedly contracted; oil breaks above $97, Brent touches $101; gold breaks below $4360 support. Theme — "stagflation" trade moves from narrative to data verification; key gold support lost.
Window 22:00-23:00 Beijing: Conference Board LEI August data released at 22:00 (value not obtained); post-market S&P 500 down 0.89%, VIX +3.89% on Fed hawkish aftermath; oil third consecutive session lower on Saudi pipeline repair expectations; BOJ hikes to 1.25%; OpenAI funding round valued at $1.2T. Theme: "rate hike + stagflation" pressure continuing after hours.
00:00-08:00 CST window: Japan Aug CPI misses below expectations, JPM abandons oil market baseline scenario, Goldman keeps $5,400 gold target, Iran strikes oil tanker in Strait of Hormuz, MOFCOM discusses tariff cuts with US. Spot gold $4,344, WTI $96.3.
14:00-15:00 CST window: Russia-Ukraine energy infra strikes, India record T-bill buying, container index surges 6%, gold holds 4310, crude breaks 96.3.
09:00-10:00 CST window: Goldman predicts another Fed hike in October, Intel reveals CPU supply meets only 50% of demand, A-shares reverse from open to green, gold surges to 4350 then retraces, green power sector crashes.
10:00-11:00 CST window: Huawei announces Ascend 960 chip ahead of schedule, NVIDIA partner GMI Cloud seeks $300M loan, gold retreats from 4300 to 4278, oil flat at 97.5.
11:00–12:00 CST window: Japan 2yr JGB yield hits highest since 1995, NVDA partner GMI Cloud seeks $300M loan for Thailand data center, gold rebounds from 4278 to 4295, oil flat at 97.6.
12:00-13:00 CST window: Strait of Hormuz commodity vessel traffic plunges to 3, Japan short-term bond yields hit 30-year high pushing rate-hike expectations, gold rebounds from 4278 to 4298, crude oscillates at 97.5.
13:00–14:00 CST window: Goldman shifts from diesel to gasoline play, Japanese industrial leaders call for stronger yen, India warns US Russia-petro sanctions could damage Indo-US ties. Gold breaks through $4,300 to $4,306, oil pulls back to $96.8.
15:00-16:00 CST window: Frontline CEO warns on Saudi pipeline aftermath, ECB hawkish signal, UK rate decision tonight. Gold breaks above 4335 to 4327, crude oil bounces slightly to 96.7.
16:00-17:00 CST window: Daily bond highlights (Wash hawkish hike, China/Japan reduce US debt, major banks raise prime rate to 7%), Huawei stores splitting next Jan, CATL Yaan expansion, gold retraces to 4313 after testing 4335, oil drifts lower to 96.4.
17:00-18:00 CST window: Bank of England holds at 3.75% but signals November hike (hawkish pause), Germany proposes windfall tax on high oil prices, PBOC reiterates independent monetary policy, gold tests 4300 support, crude consolidates.
Beijing Time 18:00-19:00 window: BoE holds at 3.75% but markets price 80% chance of November hike, QT possibly scaled to £50bn/yr; Gold rallies to 4,335 then pulls back to 4,326, crude breaks below 96 to 96.1. Global tightening resonance continues, volatility rising.
19:00-20:00 CST window: Bank of England sharply raises inflation forecast (above 4% by early 2027, vs. prior 3.2% peak), Ukraine hikes 50bp to 16% in wartime for second consecutive move, Swedish PM resigns. Oil extends decline toward $95; gold holds above $4,300. Global tightening consensus shifts from 'expectation' to 'data confirmation'.
20:00-21:00 CST window: NVIDIA pre-market surges 2.2%, Jensen Huang says chip sales will double next year; Philly Fed manufacturing index 37.8 vs 30.5 expected; initial jobless claims unexpectedly drop to 196K. Gold extends rally above 4370, crude oil pressured by Saudi ship-to-ship transfers back to 95. US futures bounce, narrative shifts from 'tightening panic' to 'earnings resilience'.
21:00-22:00 CST window: US 10Y yield breaks 5% (highest in 19 years), Swedish PM resigns, initial jobless claims at 196K confirm labor resilience. Gold pulls back to 4,367 from intraday high 4,381; oil rebounds to 95.9 from 94.6 low. US stocks open higher, NASDAQ +1.5%, Philly SE +3%.
Beijing time 22:00-23:00 window: Wang Yi-Rubio call sets tone for US-China relations, silver surges 5% alongside gold's突破 of 4380, EIA natural gas stocks below expectations, Fed hike expectations deepen. S&P down 0.87%.
00:00–08:00 CST window: Post-FOMC day — dot plot signals another hike this year (16/18), HKMA follows with +25bp to 4.25%, NZ GDP beats both ways, US House passes Russia sanctions bill, gold holds at $4,269, WTI drops to $96.90.
11:00-12:00 CST window: STAR 50 surges 4.5% at noon, Hormuz traffic drops to single digits; CATL breaks 300 RMB, Sunwoda surges 14%; FOMC decision tonight at 22:00 CST.
15:00-16:00 CST window: von der Leyen delivers sovereignty speech (AI/climate/raw materials initiatives); Russia extends diesel export ban to Oct 2026; Asian refiners consider cutting runs; European gas at 2022 highs. Gold dips to 4329, oil rebounds to 99.8.
22:00-23:00 CST window: FOMC decision lands with mixed market reaction — gold rebounds to $4,354 breaking prior close, crude breaks below $98 dragged by EIA inventory data; two key analyses flag rising long-end yields and US equity mean-reversion risk.
CST 09:00-10:00 window: Pang Gongsheng's Qiushi article signals monetary policy framework shift; PBOC net RVP injection 113B RMB; A-shares open lower, HK stocks higher; FOMC decision tonight at 22:00 CST.
10:00-11:00 CST window: Gold breaks above $4,300 to $4,324; WTI crude dips below $100; CATL falls below 300 CNY; semiconductum materials rally; US to sell Israel $2.8B in bombs. FOMC decision tonight at 22:00 CST.
12:00-13:00 CST window: Saudi Arabia reroutes oil via Oman after pipeline attack, crude holds $100; Wall Street breaks down three Warsh FOMC scenarios.
13:00–14:00 CST window: OpenAI new financing at $1.2T valuation, SoftBank's $64.6B exposure triggers CDS spike; Saudi pipeline crisis deepens as Japanese refiners scramble for Middle East crude; A-share memory chip & CPO sector volatility.
14:00-15:00 CST window: UK August CPI surprises to 3.4%, pressuring BoE ahead of rate decision; Iran shoots down US MQ-9, Middle East tensions escalate; gold breaks $4,330, oil slips below $100.
16:00-17:00 CST window: Jin10 flash news empty, prices range-bound; FOMC pre-silence continues, gold holds 4330, oil hovers at $100.
17:00-18:00 CST window: Gold breaks above 4330 to 4339, daily gain expands; Oil dips below $100 to 99.67. New items: Eurozone Q3 industrial production contraction, Asian diesel refining margins hit record, Turkish fund redemption stress spreads; FOMC eve quiet period continues.
18:00-19:00 CST window: Gold surges to 4,350, intraday gain expands to +1.33%; Oil breaks below 99 to 98.76. New developments — Salesforce widespread outage, US 30Y mortgage rate hits 7.22% (highest since Jan 2025), Yardeni cuts S&P year-end target by 500pts, INTC pre-market down 3%, SK Hynix denies memory deal with Intel. Risk events accumulate before FOMC.
Beijing time 19:00-20:00 window: Gold surged to 4353 then retreated to 4341, still +1.12% for the day; WTI crude declined to 98.66, -2.26% on the day. New developments — Houthi claims strikes on Saudi Aramco facility at Yanbu and an air base; US met with Houthi reps in Oman, Houthi pledges 'no commercial ship attacks except Saudi'; OpenAI raises new round at $1.2T valuation; German Chancellor Merz cancels UN trip. Three hours before FOMC decision.
20:00-21:00 CST window: US August retail sales +1.2% far exceeded expectations, 10Y Treasury yield fell below 5% despite strong data; Energy Secretary Wright commented on Hormuz flow volumes and Venezuela investment; Houthi strike on Saudi Yanbu facility continues to发酵. Two hours before FOMC decision, markets reprice between supply risk and demand resilience.
21:00-22:00 CST window: US equities closed mixed—Dow -0.17%, S&P +0.36%, Nasdaq +0.5% on open; gold surged past $4,360 spot / $4,400 futures then retraced to $4,338 as profit-taking accelerated ahead of the 22:00 FOMC rate decision. Crude oil declined 2.16% as energy secretary data on Hormuz passage and Venezuela investment eased supply-disruption fears.
Beijing time 00:00–08:00: Oil dips slightly below $100 but shipping costs hit record highs; Fed rate hike 92.4% probability; Japan/New Zealand data miss; China rocket launch succeeds; OpenAI targeting $1.2T valuation; US markets open today, FOMC decision Wednesday
Gold breaks above 4,300 to 4,314; WTI and Brent surge, WTI touches 99, Brent hits 104; Saudi alert lifted but supply disruption logic intact; 10Y yield holds near 5%
Global oil inventories hit 'operational bottom', pushing crude above $99; France power strike hits LNG restocking; German electricity prices jump 7.3%; US markets closed for Labor Day
Tanker attack off Oman lifts crude; Eurozone ZEW sentiment improves sharply; Swiss franc may replace yen as funding currency of choice
AWS Bahrain region major outage; Denmark-Russia military friction escalates; Treasury Bessent testimony prep; Israel surprises with 50bp rate cut
Saudi cancels Sept crude shipments to Europe + Libya pipeline shut pushes oil to 99+; Bessent hearing cites 'global' yields rise; FOMC eve energy supply risk surges
Gold breaks above 4300 testing resistance; crude 98.8 extends gains; China Aug housing data shows first-line prices rising; TSMC advanced nodes supply tight
Hormuz traffic confirmed at 4 vessels/day validating supply risk; gold retraces to 4,304 but holds; crude 98.8 range-bound; US markets closed for Labor Day, no new economic data
ECB Vice President warns AI valuations prone to correction; Syngenta secretly files for Hong Kong IPO targeting $5B; Oil hovering near $99, gold above $4,300; US markets closed for Labor Day
CATL plunge >5%; 10Y Treasury yield hits 5.025%; Japanese 5Y yield at record 2.315%; KOSPI breaks 6600; UK BOE to stop selling long gilts; US markets closed for Labor Day
US 10Y yield hits 5.03%, highest since mid-2007; Iran claims shot down US drone escalating Hormuz risk; China August data softer; European equities down across the board
European sovereign debt crisis reignites — French/German/Italian yields hit multi-year highs; US 30Y breaks 5.40%; crude spikes to 103.89 intraday; Hang Seng -1%
Pre-FOMC night: crude fails $100 four times, gold consolidates, institutions turn increasingly hawkish; Waystar exploration of sale +12.1% premarket
NY Fed manufacturing misses hard + Bernstein shifts attack to construction bottleneck; pre-FOMC data cools, VIX drops below 17
WTI breaks $100/barrel on triple supply shock - Iran shoots down US drone in Hormuz + Saudi cancels EU cargoes + Libyan pipeline shut; Gold falls to 4278 as safe-haven flows tilt to commodities; Dow drops 1%; Energy crisis deepens ahead of FOMC
US equities close mildly lower but ADBE surges 5.3%; VIX spikes 7.95% to 17.1; Gold at 4,287, WTI crude 98.1; Fed September hike probability rises to 92.4%; China M2 decelerates to 7.5%; Today: State Council Aug economy briefings
11:00-12:00 CST Saudi civil defense warns of danger in production-zone regions, JPM turns hawkish expecting Sep+Dec 25bp hikes, SC crude hits 900 RMB for first time; gold flat at 4,330, crude back to 99
12:00-13:00 CST Oman says Strait of Hormuz will open, Saudi danger alert lifted, Japan industrial output misses; Gold back to $4,330, oil pulls back from $99.6
14:00–15:00 CST Crude rebounds from 98.3 toward 99.6 pre-high; IRGC claims shooting down US drone in Strait of Hormuz; Japan/Korea equities close lower (Nikkei -0.81%, KOSPI -3.26%); USD hits 11-day high
15:00-16:00 CST Oil surges to 99.33/104.72; Iran denies Saudi pipeline attack; European tech hits 6-week low; Gold extends decline to 4310; German 10Y yield hits 15-year high
Houthis claim attack on Saudi air base; Brent breaks $108; China Aug M2YoY 7.5% below 7.6% expected; DXY up 0.5% to 99.59; EUR down to 1.1536
Oil breaks $100 for the first time; Gold falls below 4280 to 4271; Saudi pipeline repair takes weeks; UK 10Y yield hits 2007 high; US to restart SPR refill
09:00-10:00 CST Saudi pipeline confirmed damaged (not just shut), Brent breaks $105, RMB midpoint hits highest since Feb 2023; A-shares open broadly lower, AI/optical comms lead declines
10:00–11:00 CST Goldman Sachs turns hawkish on Sept rate hike, SoftBank $11.87B loan for OpenAI, Hormuz traffic remains below average; gold pulls back to $4,330, oil holds above $98
13:00–14:00 CST US Treasury yields mostly decline, HK semiconductors plunge, HSBC/BNP turn hawkish on Sept rate hike; gold stabilizes at $4,338, crude pulls back from $99.6 to $98.3
Gold breaks below $4,300 to $4,285, lowest since Aug 7; Crude pulls back to $98.8; Reuters poll shows 86 economists expect Sept rate hike, a sharp reversal from last week; ECB Schnabel warns energy prices are "quite worrying"
Nasdaq futures down 1.5% signal tonight's open; Kioxia plans $10B US IPO; Iran's acting defense minister hardens stance, weakening evening meeting rally hopes; gold bounces from 4278 low to 4294
Gold extends decline to 4,288; Crude rebounds to 99.4 testing $100; US Energy Secretary says Hormuz transport rising; Goldman Sachs revisions UK CPI forecast
US open: Nasdaq -1.26%, SOX crashes 5.9% worst since July; Oil holds above $100; Gold stabilizes at $4,270; Microsoft issues interim AI conduct guidelines
US 10Y yield breaks 5% for first time in 3 years; 10Y TIPS at 2.62% highest since 2008; Gold rebounds to 4,279; Oil drops below 99.5; Global central bank rate-hike pricing escalates
00:00-08:00 CST Saudi pipeline attack closes key crude artery; Hormuz meeting postponed; Nasdaq futures down 1%; FOMC hike probability at 86.2%
00:00-08:00 CST increments: Lagarde warns AI sector could pull back, confirms 2027 departure; Houthis claim ballistic missile strike on Saudi facility; Iran-Oman Hormuz Strait consultations approach; weekend markets static
09:00-10:00 CST increment: Strait of Hormuz vessel struck by unknown projectiles (first direct hit on shipping lane); Houthi positions bombed again; Tesla reclaiming US EV share. Sunday market holiday, quotes static.
10:00-11:00 CST incremental: KRX announces evening trading next week (first in Asia). Hormuz attack follow-up: no new通报. Sunday market holiday, quotes static.
Weekend market closure, Friday close data. Geopolitical escalation — Ukraine strikes Russian refinery, Hormuz vessel attacked — energy supply risks accumulate; Swedish parliamentary election today; Wednesday Fed FOMC decision is the key variable.
16:00-17:00 CST update: Ukraine strikes Tatarstan oil refinery, expanding energy infrastructure attack axis; markets closed Sunday, prices unchanged.
18:00-19:00 CST highlights: Iran FM proposes new Hormuz corridor (Oman-mediated meeting 14th); Lithuania closes airport, NATO scrambles; Sunday markets closed, quotes flat.
19:00-20:00 CST no new updates; Sunday markets closed, quotes flat from prior period. Swedish election results at 21:00.
21:00-22:00 CST White House economics advisor signals "no reason to hike," pressuring FOMC consensus; Rhine low-water warning; Swedish election preliminary results.
11:00-12:00 CST incremental: Iranian President publicly states Iran and Saudi Arabia are 'not at war' — a diplomatic de-escalation signal that counters the strait attack narrative. Sunday markets closed, prices static.
12:00-13:00 CST increment: Iranian president says 'will never surrender' while an Iranian commercial vessel was hit near Qeshm Island (1 dead, 3 injured), contradicting the 11:10 'not at war' messaging; Hormuz escalation narrative regains traction.
13:00-14:00 CST updates: Iran and Egyptian foreign ministers meet in New Delhi, signaling regional coordination; US confirms soldiers deployed to Ukraine for drone warfare training. Markets flat on Sunday.
14:00-15:00 CST incremental: Iranian president meets Abu Dhabi crown prince, Middle East diplomatic chain extends; Xi Jinping BRICS speech releases AI open-source and 15th Five-Year Plan cooperation signals. Quotes flat.
17:00-18:00 CST increment: Hormuz strait vessel attack injures 5; Anthropic AI warning weighs on chip sentiment; Sunday markets closed, quotes flat.
20:00-21:00 CST Saudi pipeline disruption risk escalates + Hormuz diplomacy active; Sunday markets closed, quotes flat.
Saudi alert eased after pipeline attack; Iraq closes Iran border crossing; Israel-Lebanon talks delayed to October; Anthropic in talks for Nvidia anchor investment
18:00-19:00 CST increment: BRICS joint statement finalized + Xi speech, Trump criticizes Finland AI center, Lagarde to speak; quotes static
22:00-23:00 CST Increment: Anthropic CEO proposes AI safety three-step plan; BRICS joint statement adopted; market holiday, prices static
Bab-el-Mandeb traffic drops to single digits, Boeing union reaches interim deal, Huatai says Sept rate hike is "must"
CITIC shipping cycle rewrite, Saudi alert lifted but pipelines offline, final holiday session before FOMC week
Holiday static quotes, incremental items are continuations of already-covered events; Monday FOMC + Gulf meeting + SHFE new risk controls converge
Closed market static quotes; 14:00-15:00 CST updates dominated by South Korean PM oil stance and Iran's hardline negotiation position; no trading signals
Market holiday static quote, no market-moving增量 in 15:00-16:00 CST, trend continues
16:00-17:00 CST updates: Iraq investigates Saudi attack, dismisses commanders; Korean president says oil prices manageable; FOMC countdown continues
17:00-18:00 CST update: Trump comments on Iran/Saudi pipeline, BRICS joint statement agreed; prices static
19:00-20:00 CST updates: Iran PM meets Abu Dhabi Crown Prince (preview for Monday Gulf meeting), Trump says US-Canada trade deal likely 'soon'; pricing static.
20:00-21:00 CST updates: Kremlin eyes Strait of Mandeb, Hainan flood alert; pricing static over US holiday
21:00-22:00 CST increment: Apple iPhone 18 Pro pre-orders open, Congo Ebola cases exceed 7,000; market-holiday pricing static
Saudi East-West pipeline preemptively closed after drone attacks; Iraq confirms attack originated from its territory; Jin10 flash covers 00:00-08:00 CST, US markets closed for Labor Day
A-shares plunge 2%+, lithium carbonate crashes 8% to fresh Feb low; gold breaks below 940 CNY/g; Trump RNC closes with Hormuz remarks, global risk assets承压 ahead of CPI
Gold bounces from 4300 support to 4329, crude breaks below 99; A-shares fall ~2%, HK Hang Seng drops 0.85%; Japan 10Y touches 3% new high; Houthis control Red Sea port, Iran-Gulf mediation on Hormuz; BOJ rate hike imminent
US yields hit multi-year highs 2Y 4.596%/10Y 4.97%, crude extends daily decline to 3% near 97, gold bounces from 4300 support to 4347; Houthi ceasefire claim needs verification; UBS drops short-term Treasuries bullish stance; Asia-Pacific equities close in the red
ECB hikes 25bp to 2.5% with hawkish tone; A-shares close in the red (SH -1.18%); US diesel breaks $6/gal for first time; oil nears 97, gold holds 4300 support; tonight's 21:30 CPI is the decider
WTI breaks below 97 to 96.4; Houthis announce 'major military operation' and control Bab el-Mandeb; France cuts growth forecast to 0.5%; Indian bond yields rise; CPI tonight at 21:30 CST remains the sole decisive event
Bank of America warns accelerating capital outflows; 10Y at 5% could trigger 10% equity correction; Houthis consolidate Strait of Hormuz control; European gas inventories 100TWh below winter target
A-shares opens lower across the board, precious & industrial metals lead selloff; gold contests $4,300, oil retreats from $100; Japan 10Y nears 3%, global rates rise ahead of CPI
A-share mid-session confirmed plunge (SHCOMP -1.82%), gold approaching $4,300; Japan 10Y触及 3.000%; BOJ expected to hike 25bps next week; Hormuz passage remains in single digits
Gold 4354 extends rebound, crude 97.64 down nearly 3% daily; ECB hikes 25bp to 2.5%; BOJ rate hike 25bp next week nearly certain; US Aug CPI at 21:30 CST is the key event tonight
INE raises crude oil margin requirements; Houthi statement countdown to 21:00; risk-on risk-off dynamics ahead of CPI
August CPI released: core MoM beat at +0.3%, Fed funds pricing 90% hike probability; gold V-reverses, US 10Y near 5%
Houthis formally announce large-scale military operation against Saudi Arabia; Gold breaks $4,400; Chevron CEO says oil market buffers gone; CPI aftermath shifts market toward'one more hike then pause'
Michigan consumer sentiment plunges to 47.8 below 51 consensus; inflation expectation jumps to 4.6%; Oracle reverses from +8%, Dell +10%; TD Securities flips Sept rate expectation to hike
Crude extends plunge to $95.7, gold & European equities dip; Russia hold rates, EU approves €6.1B Ukraine aid, BMO lowers ORCL target; CPI eve prices demand weakness
SC crude pulls back from +9% to +6%, Trump pledges permanent tax cuts, Asia-Pacific risk-off continues—geopolitical premium and central bank hawkishness double pressure
Gold pulls back to $4,410; A-shares midsession broad decline; JP Morgan cuts PDD target — markets consolidate ahead of ECB decision and CPI
Gold dips to $4,409, ECB expected to hike again, TSMC 1.4nm production accelerated, Mubadala invests $1B in Luckin Coffee — geopolitical narrative and central bank tightening in dual pricing
TSM August revenue +53.3% YoY confirms AI semiconductor tailwind, BOJ deliberators lean dovish, Ukraine port strike highlights conflict spillover
Global bond market selloff -- US 10Y hits 4.87% (3-year high), UK 10Y surges to 5.30% (highest since 2007); Houthis approach control of Bab el-Mandeb; ECB rate decision delivered
Middle East geopolitical risks intensify -- Algeria cuts ties with UAE, Houthis逼近 Bab-el-Mandeb, OPEC Aug output drops sharply; copper crash drisks risk appetite; gold continues pullback
ECB hikes + US PPI miss higher — 30Y Treasury hits 5.338% (highest since 2007), crude approaches $100, gold breaks below 4350
South Korea announces $100B+ energy investment in US for AI; IEA warns coal demand hits record; US 30Y bond auction looms
European natural gas breaks 200 pence for first time since 2022; gold retreats to 4,412 — energy crisis deepens while safe-haven momentum pauses
BOJ official hawkish signal pushes UK 2Y yield to highest since Nov 2023, gold breaks below 4400 to 4394 — global rate expectations accelerating repricing
Oil surges to 95.7 — IAEA confirms new activity at Iran's Khashin nuclear facility, gold tests 4375; risk assets weighed ahead of ECB rate decision
ECB forecasts oil at $78/bbl next year vs. current $100+ reality + Houthis control Strait of Bab el-Mandab chokepoint — US stocks open lower, gold bounces from 4324, crude pulled by conflicting forces
Diesel breaks $5/gallon first time since 2022, Reuters surveys raise bond yield forecasts, existing home sales hit 13-month low — energy strain deepens, rate pressure spreads
Middle East escalation: Iran warns of Strait of Hormuz blockade, US carrier executes sanctions, Saudi facilities attacked again. Japan July wages surge to 30-year high, BOJ rate hike expectations rise. Copper hits record high, Goldman raises oil forecasts.
Spot gold broke below the $4,400 handle intraday (low 4,389) as post-NFP rate-hike expectations weighed, yet Citi/Goldman/UBS all remain bullish on gold; Goldman says the AI memory-chip cycle is far from over, keeping a Kospi 12,000 target ("80% upside"); Germany's far-right AfD won 44% of the vote in Saxony-Anhalt, a historic blow to Merz's coalition; China's MOF finalized the 300bn yuan special sovereign bond to inject 360bn yuan of core Tier-1 capital into 8 central financial enterprises.
US-Iran tensions escalate in the Strait of Hormuz: US sinks/cripples Iranian tankers, Iran announces a new "restricted zone" and warns of "faster, heavier, more painful" retaliation; strong NFP lifts Fed September hike odds to 58.3% while Trump pressures for cuts; US shuttle diplomacy revives Russia-Ukraine talks with a "three-day ceasefire."
Iran's parliament speaker says strikes on US bases were "just the beginning" and the US must realize "the rules of the game have changed," escalating Middle East risk; China's capital injection wave extends from insurers to policy banks — 30bn yuan for the Export-Import Bank of China and 10bn for Sinosure; Zelensky says Ukraine wants to end the war but needs security guarantees as the three-day limited ceasefire masks continued brinkmanship. Markets closed for Sunday; gold at $4,431, WTI at $89.27 (Friday closes).
Witkoff and Kushner arrived in Kyiv with UK/France/Germany national security advisers for peace talks; Zelensky said Ukraine wants to end the war and needs security guarantees. Lavrov said Western accusations over the Leipzig drone attack amount to "practically the start of a real war"; Ukraine struck Russia's Ryazan refinery. Eight central financial enterprises including ICBC announced capital increases totaling 360 billion yuan to shore up core Tier-1 capital.
US and Russian officials discussed a "substantive" plan for the next steps in Ukraine talks, to be announced in coming weeks, with the US Treasury's acting sanctions chief traveling with the delegation and sanctions on the agenda; Middle East supply risks persist — Libya arrested a cell targeting oil storage tanks and a power plant, the "Kello" tanker sank in the Gulf of Oman, and an Iranian tanker was hit near Kharg Island; Nvidia GPU rental prices mostly rose, with B200 up 11.65% MoM.
Iran's Revolutionary Guard claims it struck a US aircraft carrier and destroyer with ballistic missiles — the conflict's first direct, officially-announced attack on US warships; TankerTrackers data shows Iraq's August oil exports fell 36% from pre-war levels, quantifying the hit to Middle East supply; markets unchanged over the weekend — gold $4,431, WTI $89.27.
Drone skirmishes reignite along the Israel-Lebanon border, with Israeli airstrikes on southern Lebanon and advance evacuation notices; Iran's Revolutionary Guard releases first footage of "violating vessels" operations, calling US escort claims a lie; Morgan Stanley reiterates Overweight on Microsoft ahead of its FY2027 reporting-structure revamp.
US-Iran conflict hits oil shipping: tanker "Kello" sinks in Gulf of Oman, Iraq's August oil exports down 36% vs pre-war; US-Russia officials discuss "substantive" next steps on Ukraine talks with sanctions on the table; OpenAI AI agents "hijack" a German website in another safety incident.
Iran's IRGC Navy struck a US naval unmanned vessel attempting to enter the Strait of Hormuz — conflict escalates from tanker attacks to direct military engagement between US and Iranian assets. EU rejects Israeli minister's plan to expel 1.86M Palestinians from Gaza. Haikou eases property rules: Hainan residents entitled to equal home-purchase treatment upon hukou registration.
Israel's defense minister set a clear condition for withdrawal: no pullout from the Lebanon security zone until Hezbollah disarms, confirming a stalemate on the southern Lebanon front; markets closed for the weekend with gold at $4,431 and oil at $89.27 holding Friday's close; focus shifts to Tuesday's open digesting Middle East developments and the Sep 11 CPI.
OPEC+ keeps October output policy unchanged at Sunday meeting, stabilizing short-term oil supply; ICBC plans to raise up to RMB 100B and ABC up to RMB 160B to replenish capital (subscribers: Ministry of Finance, China Tobacco); Israeli airstrikes on southern Lebanon kill 4, wound 20, escalating the conflict. Weekend markets closed; gold at $4,431 and WTI at $89.27 hold Friday's close.
MOF injects 35B yuan into China Life Group and 7B yuan into China Taiping within one hour, while PICC plans to raise up to 15B yuan — concentrated capital replenishment for state insurers; Hurricane Marie expected to weaken later today, easing Mexico Gulf supply disruption expectations; OPEC+ to hold October output steady (reported last hour). Weekend market closed; gold at $4,431, oil at $89.27 at Friday close.
OPEC+ kept production quotas unchanged at Sunday's meeting, extending geopolitical premium on oil supply; US CENTCOM detailed the naval blockade on Iran: 92 merchant ships redirected, 3 disabled, 2 boarded, with F-35A patrols in the region; China's MOF will issue RMB 300bn special bonds to recapitalize 8 central financial enterprises, with ICBC planning to raise up to RMB 100bn.
Russia-Ukraine peace talks officially begin in Kyiv: Zelensky confirms European security advisers will join, with US envoy Witkoff and UK/France/Germany national security advisers on site; Anak Krakatau volcanic eruption forces closure of 8 Indonesian airports, affecting 467 flights; Poland airspace incident resolved as a flock of birds, Rzeszow airport resumes operations.
Trump publicly targets the CAD/USD imbalance, escalating currency pressure; US Energy Secretary Wright says natural gas prices are more likely to fall than rise; CITIC Securities says A-shares will stay range-bound and there is no need to panic over overseas rates. Kyiv talks continue with senior UK/EU officials confirmed in attendance.
First US-Ukraine Kyiv talks conclude; Witkoff "encouraged" by substantive discussions, Kushner expects more progress. Russia says it struck a Ukrainian cargo ship in the Black Sea. Energy Secretary Wright says diesel supply remains tight. Hurricane Karina expected to weaken to a post-tropical storm tonight.
Putin met Trump's envoy Witkoff and son-in-law Kushner for over 3 hours, with ceasefire signals emerging: Putin ordered no strikes on Kyiv for three days, and Zelensky announced halting strikes on Moscow until Sept 7; US-Iran clashed again at sea — US CENTCOM sank 3 Iranian oil tankers, Iran's IRGC retaliated against 3 tankers and 3 US-linked vessels; August nonfarm payrolls of 162K crushed expectations, market prices 59% odds of a Sept Fed hike, global long-end yields hit cycle highs, and next week's US CPI is the "ultimate test".
Zelensky: Ukraine is ready to halt airstrikes on Moscow and expects Russia to do the same for Kyiv; he just spoke with the US president's envoy and talks with Russia began today — a reciprocal concession alongside Putin's 'no strikes on Kyiv for 3 days'. US NHC: Hurricane Karina to weaken quickly early next week; Lowell to turn north Sunday and approach the western Hawaiian Islands Monday.
US CENTCOM: Iran fired ballistic missiles at two US Navy ships; US forces struck three Iranian crude tankers in response. Struck VLCC was in ballast, engine room hit, no cargo loss. Axios: Republican economic confidence plunging at crisis-era pace.
France completes repatriation of all official gold reserves, zeroing out custody in the US; Russia says it hit two cargo ships at Chornomorsk port and struck vessels near Odesa, running parallel to the 'no strikes on Kyiv' pledge; German Chancellor Merz says attribution of the airport drone attack attempt is clear
Putin orders no strikes on Kyiv for three days, will meet US envoys Witkoff and Kushner Saturday; Netanyahu warns Iran of severe retaliation if attacked, says no Gaza rebuild before demilitarization; Yemeni forces advance on Hays in Hudaydah
Trump praises NFP, demands rate cuts, threatens to halt trade with deficit countries; Witkoff lands in Moscow to present plan to end Russia-Ukraine war; Gold frozen at 4431
Russian missile strike on Dnipro steel plant kills 5, halts production; Yemeni forces retake all areas of Hays district, Hodeidah; Shenzhen Aug new-home sales -23% MoM
US envoy Witkoff and Kushner land in Moscow; US intel says Iran emboldened through November; Hurricane Karina holds strength in Central Pacific
Iranian oil tanker hit by missile near Kharg Island; Foxconn Aug revenue +51.98% YoY; NHTSA probes Tesla Cybercab safety certification
Explosions reported near Iran's Kharg Island; Russia strikes multiple Ukrainian regions, Germany expels ~70 Russian consulate staff; Pentagon secures rights to buy 20% of Venezuela's oil at cost
Kimi, MiniMax among LLM vendors reportedly in talks with Tmall to open flagship stores selling token subscriptions; S.Korea 2026 exports hit record $709.4B; Shenzhen Aug second-hand home sales +7.6% y/y
China gold jewelry prices drop ~15 CNY/g, cooling retail demand; Jefferies funds exposed ~$500M to iron ore trader Radiant World; Germany orders ~70 Russian consulate staff in Bonn to leave
Seattle Times and Newsday sue OpenAI and Microsoft over using news articles to train AI without permission; Pentagon secures 20% of Venezuela's crude at cost price; Nvidia's equity investments surge tenfold in a year to $99B
Thailand suspends 49 data center projects over power concerns; MIIT issues AI support plan for SMEs, Xiaomi unveils TabLDM; Hainan Jan-Aug home sales area -22% YoY, property remains weak
NFP fallout revives September hike bets, clashing with Trump's rate-cut pressure; Middle East supply risk and record diesel prices support oil; gold stabilizes above 4400 as asset giants add
Trump fired off multiple posts demanding rate cuts and threatening to stop trading with countries running trade surpluses against the US — clashing head-on with market pricing of a September hike. CME FedWatch shows 60.3% odds of a September hike; DXY gave back all post-NFP gains to 99.12; gold rebounded off lows to 4413. US stocks opened mixed; Lululemon plunged 20%, Adobe fell 5.3% on CEO transition.
US August nonfarm payrolls surged to 162K vs 56K expected, with June/July revised up 55K combined; September hike odds jumped to 61%-67%; gold plunged $97 through 4400 to 4376; 2Y Treasury yield hit 4.416%, highest since Jan 2025.
Moonshot AI eyes HK IPO up to $5B; SEMI: Q2 global semi equipment shipments +23% YoY to $40.53B; investors add gold for 8th straight week, $46.1B into money funds; US diesel hits record $5.85/gal.
Markets await NFP at 20:30: gold consolidates at 4471, WTI breaks below $89; BNP Paribas sees possible ECB hikes in both September and December; Stifel raises MSFT PT to $530, Mizuho cuts INTC to $92; WMO confirms a super El Niño ahead.
Bailey: long-term pressures pushing up government debt, adding stress to bond markets; NHTSA auditing ~1,000 Tesla Cybercabs; US diesel prices hit record high; global food prices at highest since Dec 2022; markets await NFP at 20:30.
Fed's Waller says September hike decision hinges on August CPI, urges patience on inflation; Norway's sovereign fund plans ~$80B US Treasury cut; NFP at 20:30 in focus; Eurozone retail sales and BOE's Bailey speech imminent.
Wall Street sharply divided on Aug NFP (+80K to -25K), 20:30 tonight decides direction; WTI slips 1% to $88.7 but US retail diesel hits record high; Thailand halts 49 data-center projects, two US school districts ban generative AI.
Waller turns hawkish: strong Aug CPI could back a Sept hike; EU joins the 'Economic Outcast' action vs Iran, South Korea weighs Hormuz deployment; NFP at 20:30 tonight is the key event.
ADP jobs hit the lowest since January, reinforcing the cooling-labor-market narrative; HSBC hikes Snowflake target to $470 and sees higher Treasury yields; Tesla Cybercab begins paid rides. Tonight's 20:30 NFP is the key event.
EU formally joins the 'Economic Pariah Operation' against Iran, escalating US pressure to financial + military dual blockade; Norway's sovereign wealth fund plans to cut ~$80B in US Treasuries; Waller's dovish remarks cool September rate-hike bets, Asian stocks rally with Singapore index at record high; August NFP due tonight 20:30.
Micron plans to add up to 60k wafer/month HBM capacity by year-end, targeting HBM4 12-layer — memory supercycle narrative reinforced; Tesla opens Cybercab rides to the public today while US regulators review it; Ukraine targets Russian civil aviation, Israel says 'must topple Iran', South Korea weighs Hormuz military options — three geopolitical fronts heat up.
Japan Finance Minister Kataoka says FY2027 budget requests total ~143T yen, noting PM Takaichi's ~40T yen new JGB issuance remarks; Nomura warns BoJ may hike in Sep/Oct/Dec consecutively; US August payrolls due tonight (consensus +56K, Wells Fargo +80K vs BofA +40K); Fed's Waller dovish — likely on hold in September, keyed to next week's CPI.
EU officially joins US economic pressure campaign against Iran, escalating the geopolitical standoff; Nvidia reportedly in talks to invest $2.5B in Thinking Machines Lab; HK stocks surge with Hang Seng +2% and Hang Seng Tech +2.78%; Taiwan's TAIEX jumps 1.52%; US August nonfarm payrolls due tonight 20:30 (est. +56K).
Fed Governor Waller turns dovish: inclined to hold rates if August inflation improves; CME September hike odds fall to 50%, dollar index -0.56%; US equities rally over 1% (Dow +1.18% to 53,686); gold tops $4,500 then retreats, +1.96%; WTI briefly breaks $90; tonight 20:30 US August NFP (prev -23K, est +56K).
US Aug ISM services PMI beats at 55.4, new orders 60.9, prices 72.6; gold rallies to 4484 (+2.2%) as 10Y yield drops 4bp to 4.754%; Ukraine strikes CPC oil terminal repair vessel; Carney says US-Canada trade deal 'possible'; Hungary to pause cuts, lower inflation target to 2.5%.
Nvidia acquires Hugging Face for $12.93B, extending its AI footprint from compute to model distribution; US stocks open with AI divergence — Snowflake +24% on beat and raised guidance vs Broadcom -4%+ on weak Q4 guidance, BofA cuts PT to $460; CME pricing for a Sept Fed hike halves from 70% to ~50% in one day; gold pulls back to 4469 (+1.87%) after touching 4496.
Waller turns dovish: supports holding in September if inflation cools, market trims rate-hike bets, gold spikes ~$50 in 20 minutes to 4490 (+2.34%), 10Y yield -4bp, USD/JPY -2% to 155.52; jobless claims 206K slightly above expectations, July trade deficit widens 24.4% to -$88.6B (highest since early 2025); Revelio Labs private estimate puts August payrolls at only +36.5K.
Gold +1.27% to 4443: weak ADP and fading Fed-hike expectations re-ignite momentum. Trump says Hormuz oil flows have resumed; Iran fires back that the 'lock' stays shut, and 3 Iranian pilots are confirmed killed in US strikes. Oil holds above 90. Reuters poll: ECB likely hikes 25bp to 2.50% on 9/10 then stops — the shortest hiking cycle in 15 years.
Trump claims the US fully controls the Strait of Hormuz and is preparing to strike Iran again; WTI surges 2% to 90.90, Brent tops 96. Alphabet ends its longest monthly losing streak in over a decade on Gemini/Berkshire/court catalysts. US software stocks rally premarket (NOW +2.7%, ADBE +1.4%, CRM +1.1%).
Yen storm: USD/JPY drops over 1.5% to 156.31 as BOJ set to hike 25bp to 1.25% in September; US Aug Challenger job cuts 52.9k (+58% m/m but -38.5% y/y); Texas Instruments announces third price hike this year.
Iran's military says it struck US bases in Kuwait and the UAE causing casualties, an escalation in the Gulf conflict; South Korea's August semiconductor exports surge a record 209% YoY to $46.65B; UK August services PMI final 52.5, slightly below expectations.
BOJ reportedly leans toward a 25bp hike this month, USD/JPY falls to 1-month low of 156.40; US diesel prices hit highest since mid-2022, near record; European PMIs diverge — Italy beats, Germany's IFW raises 2026 growth forecast to 1.3%.
Yen accelerates: USD/JPY -1.0% intraday to 157.10, KRW long positions highest since Jan 2013; Swiss Aug CPI beats (0.8% vs 0.5% expected); energy divergence — WTI dips below 88 then stabilizes, diesel/LNG hit fresh highs, MOL warns Hormuz disruption may last until year-end.
Hormuz Strait daily transits plunge to 6 vessels while oil diverges lower; spot gold rises over 1% above $4,430 with UBS and Goldman both bullish; yen strengthens to 4-week highs as USD and Treasuries slide.
Trump administration plans chip tariffs with exemptions for US domestic manufacturers; Germany accuses Russia of attacking its infrastructure as Europe weighs new sanctions; Moonshot AI confidentially files for HK IPO; Uber to cut ~10% of global workforce; Hormuz transits drop to 6 vessels vs ~13 daily average
Kuwait keeps intercepting Iranian missiles/drones as Tehran may widen Gulf attacks and restrict oil exports; Asian LNG hits 3-year high, more than double pre-war levels; Broadcom Q3 revenue +86% YoY but guidance misses, sees big AI chip growth ahead; Gold accelerates above 4430, silver touches $66
Iran claims missile/drone strike on US base in Kuwait; Goldman sees gold at $4,900 by year-end; yen surges on suspected intervention, USD/JPY hits 158
US escorts record 18M barrels of oil through Strait of Hormuz, strikes ~60 Iranian targets; Kuwait intercepts Iranian missiles/drones; gold breaks $4,400; dollar hedge ratio at 41% lowest since 2015; China Aug composite PMI 52.1
Broadcom's strong AI guidance (2028 AI revenue target $230B) flipped shares higher after hours; US August ADP added only 38K jobs, far below expectations; Iran struck US assets in retaliation, Trump threatens more strikes, gold approached $4400 then pulled back
EIA crude inventories beat expectations with a 4.45M barrel draw; refinery utilization hits 98%, highest since August 2019; yen spikes on intervention rumors, gold approaches $4,400; BoC Governor Macklem says inflation still too high with risks centered on oil prices and Middle East; Saudi crude exports plunge to at least a 9-year low in August.
Spot gold surged 1.25% to $4,383 as the dollar index broke below 100 to 99.53 and the yen spiked ~140 pips on intervention speculation; the Bank of Canada held rates at 2.25% for a seventh straight meeting; Dell jumped as much as 12% after raising its full-year revenue outlook to $192B; Moonshot AI (Kimi) confidentially filed for a Hong Kong IPO.
US August ADP employment rose just 38K, the smallest gain since January, with market pricing of a 25bp September Fed hike rising to 62.2%; NVIDIA reportedly near a ~$14B deal to acquire Hugging Face; the Trump administration considers new semiconductor tariffs with exemptions for US-based manufacturers; Fed's Williams says tariffs and the Middle East war are the main drivers of above-target inflation and that rates are at an appropriate level.
Iran claims to have shot down 50 US MQ-9 drones and struck a US base in Jordan, but Trump aides push to delay any expanded strikes until after the midterms; another tanker security incident in the Strait of Hormuz leaves 2 casualties while oil breaks below $88; Lutnick says semiconductor tariffs are under consideration; Uber announces 10% layoffs.
Berkshire CEO Greg Abel confirms the ~$10B Alphabet stake was initiated by Buffett and calls AI data centers a major opportunity for Berkshire energy; TSMC COO says chip equipment demand has nearly doubled vs. end of last year, Stifel initiates with Buy and $515 target; Trump says US forces are striking Iranian targets near the Strait of Hormuz and warns Iran will be left with 'very little' if it retaliates.
US-Iran airstrikes escalate, European forward power prices hit 20-year highs (French annual baseload contract +6.2% to €78.25/MWh), EU approves €35bn German power security mechanism; US diesel prices at 4-month highs, Ryanair warns winter jet fuel could hit $140/barrel; UK 30-year gilt yield at 5.921%, highest since 1998, European stocks at one-month lows.
Conflict hits shipping directly: Iran's IRGC says two oil tankers struck mines in the Strait of Hormuz, while Iranian crude exports near a standstill (August loadings down to 220-255k bpd); Dell sharply raises full-year revenue guidance to $192B as AI server demand accelerates; Fed Governor Barr turns hawkish — should raise rates decisively if inflation doesn't cool.
US-Iran conflict enters a casualty-reporting phase: IRGC claims missile/drone strike on Kuwait's Al Salem Air Base killed multiple US personnel, while US airstrikes killed 7 Iranian fighters; UK media reports Russian engineers made three trips to Tehran to help Iran build supersonic cruise missiles; oil falls to $88.7 as geopolitical premium fades.
US-Iran conflict escalates: Iran fires ballistic missiles at US Marine base in Jordan and strikes UAE airbases; US hits Iranian oil tankers. BoJ Sept hike odds rise to 97%, hawkish Takata flags consecutive hikes. Global bond selloff extends, German 10Y at highest since 2011.
Iran's Revolutionary Guard strikes US assets in Kuwait/Bahrain/Jordan/Iraq as Trump threatens to 'erase' Iran and Strait of Hormuz transit plunges; Fed's Barr says it would be time to hike if inflation doesn't slow, ECB's Cauhere urges faster hikes; KOSPI drops 4%, Philippine peso hits record low in Asia FX rout.
Nikkei plunges 3%, KOSPI breaks below 6600 as Asia-Pacific risk assets tumble; Dell sharply raises full-year guidance to $192B on accelerating AI server demand; Iran vows to keep striking US bases in region, Trump says US will tap older munitions stockpiles.
ECB's Makhlouf says ECB must be ready to hike again; MAS survey sharply upgrades Singapore 2026 GDP forecast to 5% and NODX growth to 17%; US strikes on Khuzestan kill 7, Iran IRGC official warns Arab states to expel US troops.
RBNZ hikes 25bp to 2.75% as expected, flags possible further hikes; US strikes ~100 Iranian targets including first direct hit on an Iranian oil tanker, Trump says not forcing talks; KOSPI falls >3%, JGB 5Y yield hits record high.
RBNZ rate decision due 10:00, Sep hike of 25bp nearly fully priced; BOJ's Takata turns hawkish as JGB yields hit 1996 highs; Hormuz crude flows at record since Iran war. USD-priced assets squeezed by rising global yields.
US-Iran conflict escalates with a second exchange of fire in three days: US strikes Iranian energy hub, Iran hits US base in Jordan with heavy missiles, Trump says 'final blow is brewing'; Fed's Barr turns hawkish ('hike if inflation doesn't cool'), gold hits two-week low while 10Y yield surges to 4.80%; WTI jumps 4.65% toward $90, Putin vows massive strikes on Ukrainian energy.
US Aug ISM manufacturing PMI 54.6 misses 55.2 but prices paid 71.1 stays elevated; JOLTS 727.1K and construction spending -0.5% both weak; Chevron near deal on two Orinoco mega fields in Venezuela; Carney says US-Canada talks broke down at the final stage, White House wants Canadian core industries to become 'subsidiaries' of US firms, BOC may pause for 7th straight meeting.
Bessent announces Iran bank sanctions this/next week, says Hormuz to be 'bypassed' within two years; Fed's Barr turns hawkish 'raise if inflation doesn't cool', gold down ~2% intraday; US stocks open lower, SOX -3%, VW to shutter four German plants.
Gold breaks below 4360, down over 2% intraday toward two-week lows; US 2Y yield hits highest since Jan 2025 as rates panic fully overrides haven demand. Apple's John Ternus officially becomes CEO; Meta's Manus acquisition falls through; Fitch warns Gulf ratings risk if Hormuz disruption persists into 2027.
Gold slides further to $4,374 as global bond yields keep rising; BofA lifts MSFT target to $600; Saudi Arabia returns to international bond market; BOJ's Ueda may have met US Treasury Secretary Bessent at G20.
Gold and silver tumble to two-week lows as global bond yields spike; Russia cuts its 2026 oil output forecast to a 17-year low; SB Energy (SoftBank + OpenAI) files for a US IPO betting on AI datacenter power demand; NIO Q2 revenue misses but losses narrow sharply.
Eurozone flash CPI hits 3.3% in August, highest in nearly three years, cementing an ECB September hike; Israeli Defense Minister Katz takes a hard line on no Gaza withdrawal before demilitarization; US equity futures slide widens with Nasdaq futures -1%, silver -3% and VIX at a one-week high.
Two VLCCs hit by unknown objects near the Strait of Hormuz, escalating geopolitical risk; Japan's 30-year JGB yield breaks above 4.18% to an all-time high as the global bond selloff extends; spot silver breaks below $65, accelerating the precious-metals slide.
Global bond selloff spreads to the UK and eurozone, 30Y gilt yields hit highest since 1998; ECB's Kocher hints at 'further, immediate' rate hikes; eurozone Aug manufacturing PMI readings broadly miss.
New Fed Chair Warsh turns hawkish, rate-hike expectations replace FX as the key gold driver; global bond markets reprice in unison as US/German/Japanese long yields hit cycle highs; German July retail sales miss sharply.
ECB September hike looks imminent as Middle East 'war of attrition' stokes inflation anxiety; US 10Y yield hits 4.786%, highest since Jan 2025; NIO-SW plunges over 9% to one-year low.
ECB's Rehn warns a Middle East 'war of attrition' could keep eurozone inflation high; US-Japan fiscal officials in rare public disagreement as JPY policy battle escalates; Hormuz mine threat becomes new focus as WTI tops $86 and Brent touches $91.
Japan's 10Y JGB yield breaks above 3% for the first time since 1996, intensifying global rate pressure; US secures 100-year concessions on 17 Venezuelan oil fields while Hormuz transits stay thin; Trump again demands rate cuts while Bessent urges Japan to clarify its hiking path; market awaits tonight's US ISM data.
US and Japanese finance chiefs confirm continued coordinated FX intervention, raising odds of joint action on disorderly yen moves; Russian Ust-Luga port hit by drone strike and fire, escalating Baltic energy export risk; JPMorgan and Citadel Securities warn of 'September curse', urging caution on US stocks.
China Aug RatingDog manufacturing PMI beat at 51.5, 9th straight month of expansion; PBOC net drains RMB 469bn via reverse repos; SHEIN debuts on HKEX and falls >10%; Russia's finance minister meets US counterpart at G20.
Middle East escalation: Iran downs US drones, Saudi tankers intercepted in the Strait of Hormuz; Fed September hike odds rise to 65.4% against Trump's rate-cut demands; Barclays sees hikes in Sep & Dec; UK shop-price inflation hits 2-year high.
Weekend session closed; gold and oil quotes unchanged from last hour (gold 4454.28, -3.2% intraday; oil 82.76, -0.24%). Key increments this hour: Warsh's Friday speech seen as hawkish, reviving September rate-hike odds pending Sep NFP and CPI; CXMT sues the US DoD to be removed from a blacklist; Iran's central bank received $7.5B in oil revenue.
Gold and oil quotes are essentially flat versus the previous hour, with no fresh market move. Flash news this hour is dominated by domestic China items: Shanxi Coking Coal says major suspended mines have mostly resumed full production and responds on asset-injection plans; the National Data Administration discusses deep coupling between the computing-power network and "five networks." No major US-stock or macro catalysts.
Gold plunged more than 3% intraday, breaking below 4450 with clearly bearish short-term sentiment; WTI crude held a narrow 82-83 range with direction unresolved; this hour's flashes were mostly domestic China news, led by new foreign-invested enterprises up 7.0% YoY in H1, with no major US equity catalysts.
China rolls out a wave of property-support policies across the CSRC, PBOC and NFRA; KE Holdings surges ~12% premarket. German 10Y yields hit a 15-year high of 3.2847%, French 30Y at highest since 2008. India's FX reserves hit a record $729.3B.
US officials say the US has largely taken control of the Strait of Hormuz, calling it a possible turning point in the war, with a target of restoring 60%-70% of pre-war oil exports by mid-September; Trump says the strait is open while Iran's deputy FM hits back; Japan conducts a record $96.4B monthly yen intervention.
US-Iran conflict hits the six-month mark with Wall Street split on oil prices; Ukraine strikes Russia's Yaroslavl refinery triggering a new round of gasoline shortages; Iran's foreign ministry strongly condemns new US sanctions.
US and Venezuela reportedly in talks on a massive energy deal involving roughly 90 billion barrels of reserves; Goldman says Persian Gulf oil exports have recovered to about two-thirds of pre-war levels as WTI fell below 82. PIMCO warns AI debt is "too fast, too furious" with crowding-out effects; the Fed's "era of great transparency" may be ending as Warsh's Jackson Hole debut takes center stage tonight.
Iran is preparing to submit a conditions list for fully reopening the Strait of Hormuz, with ending the Middle East war as the top demand; Trump hinted at possible sanctions on Chinese banks dealing with Iran. Moody's warned massive AI spending could weaken US cloud giants' credit metrics, and SoftBank is seeking a $10B loan to refinance debt for its OpenAI investment. Gold holds above 4610, silver surges 2%, oil trims losses.
Iran diplomatic outreach heats up as Qatar PM visits Tehran; FM Araghchi says "pressure won't work" but restoring diplomacy is not impossible, lifting gold back above $4,610. US-Canada trade talks collapse over medium and heavy truck tariffs. Tonight's US payroll benchmark revision (Goldman sees +50k to +450k) and Jackson Hole speech by Fed Chair Warsh take center stage.
US military claims to have cleared mines in the Strait of Hormuz; Goldman expects Middle East oil exports to have recovered two-thirds, WTI slips below $83. Thailand's central bank may further tighten gold trading limits as bullion drifts lower. South Korea's August exports seen up for 15th straight month.
Jackson Hole kicks off as Fed Chair Warsh's debut speech becomes the key window for global rate path signals. Black Sea port logistics hit by renewed strikes, Chicago wheat holds near three-year highs as grain supply chains face pressure. Japan's 5Y JGB yield hits record high of 2.195% while 2Y auction demand is the weakest since 2016, fueling BOJ tightening bets.
Goldman says Persian Gulf oil exports have recovered to about two-thirds of pre-war levels as Hormuz transits rise; Trump administration reportedly weighing a new round of large-scale semiconductor tariffs; SK Hynix breaks ground on a $4B US HBM plant; Yen approaches 160 again as the "month" of joint US-Japan intervention fails to reverse long-term bearish factors; Warsh's Jackson Hole speech at 10pm Beijing time is the key event tonight.
Hormuz tensions escalate again: Trump administration rejects returning to the June Iran deal, SC crude surges over 4%; Treasury Secretary says 130M barrels guided out of the Strait in 14 days with zero Iranian exports; Kpler shows only 5 ships transited Thursday. Fed Chair Warsh's Jackson Hole speech at 22:00 Beijing time is the biggest market variable tonight.
Fed's Hammack struck a hawkish tone in a flurry of remarks, worried about inflation expectations forming and the public losing confidence in the 2% target, arguing now is the time to act on inflation; Alphabet has fallen 15% from its May peak as its AI-winner narrative faces skepticism; Meta plans to spend up to $10B a year on Anthropic models; Europe's STOXX 600 posted its biggest one-day drop in a month; China's SC crude surged 3% amid renewed Hormuz shipping uncertainty.
NVIDIA beats big with FY2027 Q2 revenue of $96.2B, up 7.1% at the open adding ~$359B in market cap and reportedly planning a $12.9B acquisition of an open-source AI platform, igniting the AI and semiconductor rally; Salesforce +19% (biggest since Aug 2020), CrowdStrike +10%; Gold retreats to $4,572 while WTI rises 1% to $82.25.
US initial jobless claims fell to 203K, better than expected, labor market remains stable; US July goods trade deficit widened 17.2% to $118.8B, the highest since March 2025; the White House reiterated the maritime blockade on Iran remains in effect with all options on the table, geopolitical risk underpinning oil; gold broke below the 4600 level, awaiting Fed Chair Warsh's Jackson Hole speech on Friday.
ECB meeting minutes turned hawkish: another rate hike is possible if the inflation outlook does not improve materially, with second-round effects of energy prices not yet visible; traders are stepping up hedges on further USD strength ahead of Fed Chair Warsh's Jackson Hole speech on Friday; Moderna fell 8% pre-market after announcing a $2B convertible note offering, while Rosenblatt raised its NVIDIA price target to $390.
NVIDIA's price target raised to $315 by four banks in one hour, BofA reiterates Buy at $350 seeing FY2028 sales +70% vs 45% consensus; UBS expects DRAM tightness through 2028Q2 and NAND prices +30%+ next year; TD Securities expects the Fed to hold rates through 2026 with US inflation pressures easing.
US announced "Economic D-Day" sanctions on Iran but oil fell instead of rising; Israel-Iran shadow war escalates with Netanyahu's son and Trump's son named by Tehran; US July PCE due 20:30 today with core YoY expected to hold at 3.3% — inflation alarm far from over.
UK energy price cap to rise 4% from October as the Middle East conflict pushes up wholesale gas prices, lifting annual household energy bills to around £1,723. Bessent's "put option" takes effect: long-end Treasury buybacks double, swap spreads fall to a six-month low, with Citi calling it a potential policy floor for long-dated Treasuries. Trump submits the US-Saudi nuclear deal to Congress, aiming to lock in US corporate advantages for 30 years but demanding Saudi Arabia first normalize ties with Israel.
US July core PCE lands tonight at 20:30, joining Nvidia earnings and Jackson Hole as this week's three major catalysts. ECB's Schnabel struck a hawkish tone repeatedly, saying rates must rise further and inflation could stay above 2% for a prolonged period. Treasury Secretary Bessent's intervention in the bond market raises "fiscal dominance" concerns, pressuring Fed Chair Warsh ahead of his Jackson Hole speech Friday.
Hormuz transits plunge: only 5 commercial vessels passed Tuesday versus a 10-day average of 15, and Iran's tough conditions keep supply uncertainty alive, with diesel's structural shortage emerging as the new focus; LME copper hits a six-month high on inventory outflows; France's budget deadlock plus decades-high global bond yields test investor patience; CIA director reportedly makes secret visit to Russia.
BOJ September hike expectations have fully reversed: a Reuters poll shows 57% of economists expect a 25bp hike to 1.25% in September, with terminal rate expectations rising sharply; Bank of Korea August hike expectations are heating up, with both MUFG and Citi expecting a 25bp hike; copper prices extend gains toward record highs, up ~16% YTD on LME with near-term supply still tight.
Substantive progress on the Strait of Hormuz: Iran says understanding reached with Oman on temporary shipping lanes, while Russian media reports US-Iran consensus on ceasefire terms including free navigation; crude tumbled 5% overnight. BOJ Governor Ueda to skip Jackson Hole with hawkish board member attending. OpenAI's in-house chip Jalapeño outperforms NVIDIA GB300. Asia-Pacific semis surge with KOSPI up 2%.
Australia's July CPI rose 3.5% YoY, beating estimates and lifting rate-hike risk; US-Iran ceasefire expectations kept pressuring energy markets, with SC crude down over 6%; Iraq's Basra terminal loaded ~13 million barrels across 7 tankers, signaling recovering supply. US core PCE due this evening is the key focus.
Reports say the US and Iran have reached consensus on ceasefire terms, WTI briefly broke below $80 overnight before rebounding; Canada announced $20B in retaliatory tariffs on US goods; Fed discount rate minutes show 4 regional banks favored a hike. Focus today is on US July core PCE.
CIA Director Ratcliffe makes a secret visit to Moscow for talks, with the US asking Ukraine to pause long-range strikes; OpenAI says its in-house Jalapeno chip beat Nvidia's GB300 in tests; Trump says Hormuz mines are cleared and vows "zero tolerance" for new mining, while the White House says no US-Iran talks are scheduled.
Apple unveils M6, its first 2nm chip, along with the quad-die M5 Ultra and new Mac mini/Mac Studio; crude takes a sharp hit with WTI down nearly 3% and SC crude down over 4%; US stocks open higher with storage names rebounding and the dollar slipping to 98.9.
Warsh faces a "communication crisis" before his Jackson Hole debut as Wall Street awaits a corrective tone; Russia plans to extend the diesel export ban through end-September with refineries still halted after strikes; Canada's trade minister hints at possible retaliatory tariffs on the US as soon as Tuesday.
Middle East tensions drive shipping insurance premiums higher in the Gulf and Red Sea; UBS warns the market fragility indicator has peaked at 1.0, with the Fed meeting and midterm elections as potential catalysts; rising US Treasury yields pressure gold; AMD rises 2.4% pre-market after Raymond James upgrade.
Caspian Pipeline Consortium hit and a Rostov refinery halted, Kazakhstan cuts 2026 oil output plan to 96 million tonnes. US Treasury Secretary Bessent announced new Iran sanctions and warned nations doing business with Iran will face retaliation, pushing the dollar to weekly highs. South Korea chip leveraged ETFs saw nearly $1 billion in outflows this month as AI trade cools, while JPMorgan flags internal weakness in US equities.
Goldman Sachs brings forward BOJ rate hike expectations to September, signaling a hawkish shift. US-Canada trade talks collapse at the last minute, raising risks of a full-blown tariff war. Nvidia enters a key earnings report after seven consecutive down days as markets await returns on AI spending. The US posts a $10 million bounty on senior Iranian military officials as sanctions tighten.
Gold slipped about $18 short-term but institutions remain bullish, with Citi raising its short-term target to $4,800; Fed Chair Walsh faces a showdown on Friday as Wall Street urges him to set the tone; the US threatens to expand secondary sanctions on Iran while Hormuz shipping hits a three-month low, supporting oil.
Fidelity manager doubles gold position to full allocation in three weeks, betting on Fed credibility crisis and fading USD safe-haven status; Total CEO says crude transit through the Strait of Hormuz is "very calm" while Saudi Arabia builds a government-backed war insurance pool for Red Sea risk; PBoC sets a 500bn yuan 1Y MLF for tomorrow and ramps up overnight reverse repos, southbound flows hit 11.5bn yuan.
Morgan Stanley raised its Brent forecast with a $100/bbl Q4 peak, citing a slower Middle East supply recovery and sustained shortfalls; spot gold broke through 4400/4500/4600 this week and is up over 5% on the week, with Dalio recommending adding gold; US Treasury yields refuse to stay down with Japanese auction risk as a potential tailwind, while US tech and memory stocks are weaker premarket.
US Treasury Secretary Bessent to announce "toughest" sanctions on Iran at 2 AM Beijing time on the 25th, crude market on edge, down over 1%. Iraq and Qatar tender rare sales of crude loaded inside the Strait of Hormuz; Saudi Arabia mulls state-backed war-risk insurance as Middle East trade disruption deepens. Hong Kong tech stocks tumble at midday, Hang Seng Tech down 3.84%, extending Asia risk-off signals.
NVIDIA reports earnings after Wednesday's close, dubbed by analysts as the "World Cup final" for AI investing, while in talks to invest in Perplexity at a $30B+ valuation. Asian tech stocks sell off sharply: Hang Seng Tech -4%, Korea's KOSPI below 6700, China's ChiNext -3.5%. Gold strengthens above $4,640 on haven demand and dollar weakness bets, while WTI slides on SOMO Basrah tender and demand concerns.
Russia reportedly quietly preparing a new round of military mobilization in Kaliningrad, adding to European security uncertainty; a senior Iranian official confirms Tehran has been invited to join the Mecca Mutual Defense Pact, further consolidating the Middle East defense framework; CITIC Securities says overseas risks are contained while 10Y UST at 4.7% weighs on tech valuations.
Iran discovers 7.5 trillion cubic feet of natural gas in Fars province, adding leverage amid the US-Iran economic standoff; Iran's foreign minister says Tehran has "never feared US sanctions" in a defiant response to Trump's "economic action"; Gold holds above 4600, with Jackson Hole, US PCE data and NVIDIA earnings converging next week.
Gold surged past 4600, hitting an intraday high of 4632, with strength continuing (note: Jin10 quote timestamps appear delayed). Trump's June repositioning sold Meta/MSI and bought Berkshire/Visa, signaling a tech-to-value shift. Iran invited to join the Mecca Joint Defence Agreement; Middle East tensions easing, pressuring oil.
Gold held above the $4,600 level with markets closed for the weekend. Zhongtai Securities says the mid-to-late August pullback unfolded as expected and the September re-strengthening view is unchanged, with tech entering a right-side allocation window; Galaxy Securities views external shocks as temporary disturbances with policy and sector mainlines intact. Zelensky disclosed a $27 billion funding gap facing Ukraine's Defense Ministry this year.
Spot gold broke above the $4,600 level, surging nearly 2% in a day as risk-aversion sentiment heated up. Russia-Ukraine conflict intensity rose with heavy glide bombs dropped and Zelensky warning of Russia's ballistic missile production capacity; Pakistan's army chief is set to visit Tehran on Monday.
Syria's FM says stopping Israeli attacks is the top priority and expects security agreement talks with Israel to resume soon, keeping Middle East geopolitics in focus for oil and safe-haven flows; Sinopec H1 net profit up 19.3% YoY; HK government pushes full-scale AI adoption.
Iran's president backs the Tehran-Washington memorandum of understanding, extending de-escalation signals; US capital drives the biggest European asset-management M&A wave in decades; Ireland weighs nuclear power for data-center demand. Gold holds above $4,600, WTI settles above $86.
Iran's president says the country is in a comprehensive economic, military and security war, with Trump threatening the harshest sanctions; Trump renews criticism of Canada's trade policies; markets closed for the weekend with gold and oil holding Friday highs.
Iran has decided to allow some Iraqi tankers to pass through the Strait of Hormuz, a signal of easing in Persian Gulf energy transport. Japan's foreign minister is pushing for an early resumption of US-Iran talks while ensuring free and safe navigation through the straits. Tesla has set September 3 for its driverless robotaxi Cybercab unveiling in Austin, Texas.
Spot gold surged 1.86% to $4,603 as safe-haven demand spiked; about 16 million barrels of oil left the Strait of Hormuz via the southern route, and Yemeni resistance forces destroyed a Houthi explosive-laden boat in the Bab el-Mandeb; Putin said Ukraine's strikes on economic targets opened a "Pandora's box" and France announced more military aid to Ukraine.
Brazilian President Lula, after a phone call with President Trump, slammed US tariffs on Brazil as "completely out of touch with reality and built on lies," widening the trade-war front to South America. Iran's armed forces spokesman said military strategy has "shifted from defensive to offensive" and that any aggression will be met with an immediate response. Gold holds above 4,600 while WTI trades near 86.3.
New developments in the US-Canada trade war: Ontario's premier publicly backs Carney's tariff retaliation plan as the 50% tariff takes effect. Gold holds above $4,600 (+1.86%); Trump again jokes about Iran, saying he doesn't know who to negotiate with. CATL's energy-storage mall launches with 1,800+ registered enterprise customers.
US-Canada trade talks break down: US will impose 50% tariffs on some Canadian goods effective 12:01 CST today; Canada announces retaliation and pauses talks. Gold surges to $4,603 (+1.86%) on safe-haven demand, Chinese gold jewelry prices jump overnight. WTI crude edges up to $86.3.
Partial tanker traffic resumes through the Strait of Hormuz as Iraq confirms passage permits and says the US wants a deal to end the war with Iran; Ukraine strikes another Russian refinery and Kyiv sounds air-raid alert; gold holds above 4600 while oil pulls back from intraday highs.
Gold breaks above 4,600 as safe-haven demand and US-Iran geopolitical risk converge; senior Iranian officials issue hawkish statements amid rising fuel and inflation pressures; Jackson Hole, PCE inflation data and Nvidia earnings headline next week.
US August S&P Global flash PMIs released: services 56.8 (20-month high), composite 56 (52-month high), manufacturing 53.2 (5-month low), momentum shifting toward services. Goldman reiterates significant upside risk to its $4,900 year-end gold forecast; NVIDIA takes minority stake in Cloverleaf for AI factory buildout. Saudi Aramco asks LPG buyers to load from within the Persian Gulf for the first time since the regional war began.
Spot gold retreated from overnight highs, falling below 4,490 with an intraday drawdown of ~$40 from the peak; JPMorgan warned of credibility risk in the US Treasury's bond buybacks, which could push up term premia and yields; US ambassador to Israel said Trump may consider military action against Iran; Korea's KOSPI surged 6% with Korean and Japanese semis rallying.
The US Treasury more than doubled its long-term bond buyback program, gold surged overnight to its highest since early June before consolidating at highs; Trump announced the harshest-ever economic sanctions on Iran, escalating geopolitical tensions; the Fed minutes leaned hawkish with multiple officials arguing for hikes if inflation does not ease, and the probability of holding rates steady in September stands at 67.3%.
Gold accelerates for a second straight hour, spot above 4485 and futures touching 4550; US EIA weekly crude build narrows while Cushing and SPR keep drawing down; Moderna surges past +150% with shorts facing ~$4.8B in paper losses as the Nasdaq Biotech index hits a record high; 30Y Treasury yield falls 10bp to 5.18% with a softer dollar.
The US Treasury raised its long-dated buyback cap to at least $4B, sending gold surging nearly 3% past $4,450 to its highest since June 5 while the dollar index broke below 99; Moderna and Merck reported success in a Phase 3 melanoma mRNA vaccine trial, with MRNA roughly doubling intraday to a $50B market cap; Marvell and Google expanded their chip partnership, widening dispersion across AI compute names.
SK Hynix approves a KRW 40 trillion treasury stock buyback, targeting shareholder returns above 50% of free cash flow; Nikkei closes down 3.16% and KOSPI down 5.8%, while China's ChiNext drops 6% and STAR 50 falls nearly 7% as Asia-Pacific markets tumble; Dollar weakens ahead of the Fed's July minutes, and US debt may break through $40 trillion this week.
US bond storm spreads to Asia: South Korea's KOSPI plunged as much as 6% triggering the sidecar mechanism, Japanese chip stocks fell in tandem; Unitree surged 629.44% on its STAR Market debut as China's first humanoid-robot IPO; China's long-end bond yields spiked, sparking a precious metals selloff with Shanghai gold and silver gapping lower.
Trump announces a US-Canada deal and suspends the 50% tariff on Canada for three days, sending the CAD higher with Keystone XL potentially restarting; A-share tech stocks plunge with the STAR 50 down over 5% and more than 4,900 stocks falling; Anthropic reportedly to launch IPO within weeks as OpenAI suspends new model training.
Canada PM Carney confirms the US has agreed to delay Section 338 tariffs of 50% on Canadian goods until August 21, saying talks have made significant progress but important work remains; copper posts its biggest drop in over three weeks as LME on-warrant stock surged more than 20,000 tonnes in a day, easing a historic supply squeeze; Korea's KDI raises its 2026 growth forecast to 3.2%, and the won breaks above 1,400 per dollar for the first time in nearly a year.
Nikkei 225 plunges over 3% as Asia-Pacific risk assets correct in tandem; Iran weighs striking US military targets in Europe if the conflict escalates, raising Middle East spillover risk; OpenAI slows expansion and Gundlach warns Nvidia's "backstop financing" hints at a market top, while long-end US Treasury yields hit a 19-year high.
UK July CPI due at 14:00 CST takes the spotlight; Danske Bank expects the Fed to hike twice (Dec 2026 and Mar 2027), pressuring gold; the US-Japan joint intervention triggers a chain reaction as carry trades shift funding from the yen to the Swiss franc; Morgan Stanley downgrades Baidu to Underweight with a $80 target; South Korean listed companies' H1 operating profit surges nearly 350% on AI semiconductor demand.
UAE detected two ballistic missiles fired from Iran and suspended all trade and financial transactions with Tehran, with the US-Iran standoff unresolved. The US 10-year Treasury yield jumped to 4.75%, the highest since early 2025, putting AI tech valuations under pressure as memory/semiconductor stocks tumbled. OpenAI revenue grew 18% but losses widened; Anthropic is expected to launch its IPO process within weeks.
US stocks opened lower with Nasdaq down over 1% and the Philadelphia Semiconductor Index posting its biggest drop since July 29; Trump denied any negotiations with Iran, directly contradicting Tehran's "won diplomacy" claim; IAEA called the Zaporizhzhia nuclear plant drone incident its "most serious event" ever.
US 10Y yield hits highest since early 2025 as global sovereign bond selloff persists; US July housing starts miss badly but building permits beat; Baidu Q2 revenue fell with pre-market -7.5%; Morgan Stanley backs gold as core defensive asset.
Iran negotiation window closes, reigniting oil supply fears as China's SC crude surges over 6% back above 600 yuan; China, UK and Japan all trimmed US Treasuries in June while the 30-year yield holds near 19-year highs; Moscow says 180 drones shot down overnight as Russia-Ukraine conflict escalates; Jane Street posts huge July loss, exposing crowded AI trade risks.
US 30-year Treasury yield rises to 5.321%, highest since mid-2007; Trump says US will not seek to extend Iran MOU; Nikkei 225 falls 1%, Hong Kong AI stocks plunge.
US-Iran ceasefire memorandum expired; Iran shifts to "full offensive" posture, oil surges 3%; Trump approval rating drops to 33% low; China July data misses across the board; Anthropic annualized revenue exceeds $65B.
Hormuz Strait remains closed but Saudi Arabia and UAE secretly shipping oil, 150 vessels gather in Gulf of Oman. VIX hits yearly low; institutions warn of autumn selloff risk in US stocks. French 30-year bond yield rises to 18-year high at 4.86%.
Wells Fargo Investment Institute now expects the Fed to hike 25bp this year, a major shift; BofA bullish on gold as US debt approaches $40 trillion; OpenAI commits to large-scale Nvidia AI infrastructure by 2030; Canada July CPI rises to 3.0% above expectations; China July economic data misses across the board.
NVIDIA invests $1.5B in SB Energy as OpenAI commits to ~$600B in AI compute infrastructure through 2030; Iran shifts to "full offensive" posture, threatening Hormuz escalation; US August NY Fed manufacturing index beats expectations at 20.6, Canada CPI rises to 3%.
Trump confirms secret communication channel with Iran's IRGC, threatens to bomb Oman; Li Qiang chairs State Council plenary meeting, emphasizes completing annual economic targets; Morgan Stanley expects G10 FX low volatility to persist into early September.
Iran-US 60-day negotiation extension approved; oil drops over $1, US futures rise. Trump reiterates Iran cannot have nuclear weapons. Barclays cuts price targets for major oil companies. China July economic data misses across the board.
Brent crude breaks above $88/bbl; Russia-Ukraine launch massive mutual airstrikes with Moscow hit by record attack; Kushner meets Netanyahu to push Gaza peace plan; Citi bullish on silver with ~40% upside; multiple Nasdaq ETFs to suspend trading tomorrow.
China's July economic data missed across the board — retail sales +0.6% vs 1.5% expected, unemployment rose to 5.2%. PBOC reported Jan-Jul social financing at 22.25 trillion yuan, M2 +7.7%. Middle East tensions escalating as US-Iran ceasefire expires. LME copper squeeze brewing with record spot premium.
China's July economic data broadly missed expectations; retail sales +0.6% vs 1.5% expected. Iran makes intensive statements on Hormuz Strait, accuses US of violating memorandum. Ukrainian drone strikes Russian Astrakhan industrial facilities. Ant Group CEO says smart agent commerce to explode within 6-12 months.
RMB breaks 6.74 to hit 3.5-year high; China July industrial output and retail sales data imminent; Japan GDP misses expectations, government may delay deflation declaration; Tech giants' hidden AI bill reaches $3 trillion; Asian refiners demand Red Sea bypass for Saudi oil; Unitree unveils Superman robot breaking human records.
Japan Q2 GDP annualized at just 1.1%, missing expectations; former FX official calls for "serial rate hikes" above 2%; A-shares rally broadly with ChiNext up 2.56%; DJI wins key procedural victory in US DoD lawsuit; spot gold above $4,395.
Goldman Sachs says market is too hawkish on Fed, September hike "very unlikely"; Iran warns against joking about the Strait of Hormuz, geopolitical tensions rising; Former Japanese finance official calls for rate hikes at every BOJ meeting, 30Y yield hits 4.065%; Jefferies raises price targets on three major energy stocks.
JGB yields hit highest since 1996, Japan Q2 GDP misses expectations; JPMorgan market cap approaches $1 trillion; Global rate hike wave brewing, US retail earnings loom; Gold above $4,397.
Gold retreats to $4,392, down 0.39% on the day; WTI crude flat at $81.6. A-share and HK chip stocks rally across the board, Hang Seng Tech up 2%; CITIC Capital's acquisition of Alibaba's Lingxi Interactive officially completed. China's July retail sales and industrial output data due at 15:00; Canada July CPI due at 20:30.
Japan Q2 GDP annualized at just 1.1%, well below expectations; 10Y JGB yield hits highest since 1996; PBoC July M2 growth 7.7%, RMB midpoint strongest since Feb 2023; Maotai H1 net profit declines 1.95%, opens below 1300 yuan.
Japan Q2 GDP misses expectations at 1.1% annualized; Middle East tensions persist with Hormuz Strait shipping slowdown; Hamas agrees to Trump ceasefire plan phase 2; Trump demands reduction of US-South Korea military drills; Fed September hold probability at 66.9%.
Kushner discusses Gaza ceasefire maintenance with "Peace Committee"; Hong Kong's Chan Mo-po reports H1 airport passenger volume up 11.7% YoY; Next week watch China July economic data, Alibaba/Baidu earnings, Fed minutes.
Saudi Jazan region air raid alert triggered then cleared; Jin10 previews next week's key events — China July economic data, Alibaba/Baidu earnings, Fed minutes; WeChat takes down non-compliant micro-dramas.
Iranian parliament passes anti-infiltration law; army commander claims US forces expelled from Persian Gulf and Strait of Hormuz. Israel Q2 GDP surges 15.4%; Netanyahu to meet US envoy Kushner tomorrow. Weekend market closure — gold and oil quotes are Friday's close.
CITIC Construction Investment report says A-share tech recovery is not over; global tech deleveraging largely ended in late July, fundamentals-driven pricing returns. SenseTime (00020.HK) expects H1 profit of RMB 500-700M vs loss of RMB 1.489B year-over-year — a key profitability inflection point. Iran Army Commander announces $30,000 bounty for capturing or killing US military personnel, raising geopolitical tensions amid ongoing US-Iran negotiations.
Russia-Ukraine conflict escalates: Ukraine strikes Russian military-industrial facility in Rostov; Russia claims to have downed nearly 1,500 Ukrainian drones in a single day. US-Iran negotiation leak reveals Trump administration bypassed Iranian negotiators to contact IRGC directly. South Korean military fires warning shots at North Korean soldiers crossing the military demarcation line for the first time this year.
Weekend market close: Gold at $4,375.59 (-0.57%), WTI crude at $81.52 (-1.34%). Zelensky discloses large-scale attacks on 13 Ukrainian regions this week. Hualian Holdings receives Canada FIRES review notice for Argentina lithium brine project.
Weekend market close: Gold at $4,375.59 down 0.57%, WTI crude at $81.52 down 1.34%. BNP Paribas sees European auto stocks as undervalued AI beneficiaries; AMEC reports 98.48% H1 profit growth. No major breaking news this hour; markets enter quiet period ahead of next week's data-heavy schedule.
Iran demands Qatar allow Air Force investigation team entry; strongly condemns Israeli attacks on Lebanon. Middle East tensions continue to escalate. JP Morgan warns super El Niño may trigger global food crisis next year. Indonesia 7.7 earthquake death toll rises to 51.
Gold at $4,375.59/oz, WTI crude at $81.52/bbl; Israel kills senior Hezbollah commander in southern Lebanon, keeping geopolitical risk elevated; Indonesia 7.7-magnitude quake death toll rises to 51; China successfully launches 24th group of LEO satellite-internet satellites.
Trump urges Senate to pass "No More Clock Changing Act"; South Korean short selling continues to rise to 19 trillion KRW; Week ahead: Fed minutes + PMI incoming, Hormuz Strait situation in focus.
Middle East tensions escalate: vessel attacked in Strait of Hormuz, Israeli strikes on Lebanon kill 11; Libyan power station hit by drone strike; CNN poll shows 71% of Americans think Trump isn't doing enough on prices; Harvard discloses $2.2B SpaceX stake.
Israeli airstrike on Lebanon kills 4, injures 17; Hezbollah drone attack seriously wounds 3 IDF soldiers. Netanyahu vows strong response. GCC condemns Iran attacks on UAE tankers. NVIDIA in talks to invest $3B in SB Energy for OpenAI data center deal. AI-driven chip inflation hits UK economy.
Lebanon condemns Israeli airstrike on southern Lebanon for violating trilateral framework agreement; Israel says Hezbollah attacked in security zone, 3 soldiers injured; Erdogan prioritizes reopening Hormuz Strait; Indonesia advances financial and investment center (IIFC). Gold down 0.57% to $4,375, oil down 1.34% to $81.52.
Iran and Oman reach agreement on Hormuz Strait shipping routes. Russia warns US and Turkey that arming Kyiv would weaken bilateral ties. Unitree Robotics IPO dark trading rumors unfounded. South China Sea military exercises scheduled Aug 16-17. Gold at $4,375.59, WTI crude at $81.52.
Hezbollah warns of response to Israeli attacks in southern Lebanon. Indonesia earthquake death toll rises to 47. Yemen military vows retaliation against Houthi attack on Mokha port. Oman oil spill affects 12km of coastline; cleanup progress. Gold at $4,375.59, WTI crude at $81.52.
6.8-magnitude earthquake strikes Sumatra, Indonesia (170km deep). Houthi forces claim Saudi artillery strikes on Yemen's Saada province. Three Iranian Air Force personnel detained in Qatar. Gold at $4,375.59, WTI crude at $81.52.
UAE strongly condemns Iran's attacks on ADNOC vessels in the Strait of Hormuz, calling the actions piracy; Iran and Tajikistan sign long-term oil cooperation agreement; Disney's new CEO says streaming is the core of future growth. Gold closes down 0.57% at 4,375.59, WTI crude down 1.34% at 81.52, US stocks close slightly lower.
Jensen Huang and Wall Street giants back AI computing power as an independent asset class; Israeli airstrikes on southern Lebanon kill 7; Shanghai denies policy changes for non-local homebuyers.
Ukraine strikes multiple deep Russian targets (airbase, oil facilities, missile factory). Iran FM rejects extending ceasefire with the US. Japanese PM Takaichi worships Yasukuni remotely. Canada-US tariff talks deadlock. Gold down 0.57% at $4,375.59, WTI crude down 1.34% at $81.521.
Israeli military strikes Hezbollah infrastructure in southern Lebanon; Indonesia 7.7 earthquake death toll rises to 33. Gold down 0.57% at 4375.59, WTI crude down 1.34% at 81.521. Iran reports over 500 telecom sites attacked during war.
Bulk carrier struck by unidentified flying object in Strait of Hormuz; geopolitical risk pushes oil up 1.34%; Gold rises 0.57% to $4,375, safe-haven flows increase; S&P 500 closes slightly down 0.17%, US markets closed for weekend.
Iran FM says no decision yet on resuming talks with the US; demands US meet Iran's conditions to restore Hormuz shipping; US media reveals Lincoln carrier logistics crisis stems from Bahrain base strike at war's onset; Gold down 0.57% at 4375.59, WTI crude down 1.34% at 81.52.
Iran's FM sets conditions for resuming Hormuz shipping, says no decision yet on talks with US; Trump's naval deployment demands peak, Lincoln carrier deployment hits record 9 consecutive months; Gold drops to $4,375, oil falls to $81.5, US stock futures slightly lower.
Gold pulls back to $4,375, WTI crude down 1.3% to $81.5; US markets closed for weekend, S&P 500 last close 7,785.73 (-0.17%); No major market news this hour; China railway passenger volume up 4.1% YoY, CITIC Securities warns on ultra-long bond risk-reward shift.
NVIDIA scales back OpenAI data center guarantee from $250B to under $120B; Trump urges Americans to accept higher oil prices and threatens to claim Hormuz Strait; Iran responds forcefully as UAE vessels attacked in the strait.
Trump threatens to declare Strait of Hormuz as "US territory"; US-Iran ceasefire expires Monday with stalled negotiations. Jane Street lost ~$15B in July, first monthly loss since 2016. Anthropic Q2 revenue exceeds $11.5B, up 14x YoY.
US Michigan consumer sentiment drops to 51, first decline in three months; USD on track for sixth weekly decline as rate hike expectations fade. UAE Mubadala clears Apple, Broadcom, Salesforce positions; increases Micron, Palantir holdings. Central Huijin and China Securities Finance exit Kweichow Moutai's top 10 shareholders; storage stocks rally.
US stocks opened mixed, Reddit surges 12% on S&P 500 inclusion; Tesla plans flying Roadster with SpaceX this month; Gold extends rally above $4,390; Canada Pension Plan Q1 return 7.5%, best since 2015.
US July retail sales missed badly at -0.6% vs +0.1% expected, largest drop in over a year. Dollar index fell to one-week low; rate hike expectations declined. SpaceX completed Cursor acquisition. Kweichow Moutai H1 net profit down 1.95% YoY.
Iran's IRGC claims to have shot down a US MQ-9 drone and accuses foreign military aggression of causing oil pollution, escalating Middle East tensions. Ukraine says Black Sea ports are effectively closed under Russian airstrikes, agricultural exports could be halved, and strikes Russia's Ust-Luga complex. Goldman Sachs raises Euro Stoxx 600 12-month target to 695 points. SK Hynix reports Nvidia revenue exceeding 17 trillion KRW in H1.
Trump imposes 10%-100% tariffs on imported drones; Amazon acquires GlobalStar; EIA forecasts US oil production at 13.83M bpd in August; Citi raises CoreWeave target to $159.
Novatek gas condensate plant damaged by drone strike; Ust-Luga port oil exports unaffected; OpenAI executive changes before IPO; "Big Short" investor warns of AI boom vulnerability; Eurozone Q2 GDP revised in line with expectations; PBOC and SAFE expand cross-border fund pool nationwide.
China July M2 growth at 7.7% misses expectations, social financing beats at 22.25T yuan; Fed's Hammack says rates must rise, Barkin concurs; HK stocks close down 1.1%, JD plunges 10% post-earnings; IDF kills Hamas commander.
Fed officials show hawkish-dovish divide as weak PPI cools rate hike expectations; Hormuz Strait disruption pushes oil higher as Asian refpliers rush for US crude; BOJ may hike rates as early as September with 80% probability priced in; gold profit-taking after hitting $4,400.
Global funds accelerate inflows into Chinese equity funds, surpassing $50B in the past month; France's July CPI final in line with expectations; US CENTCOM denies pushing for new Iran strikes; oil strengthens with WTI above $81; South Korea's KOSPI surges 11.5% for the week.
BOJ sources signal September rate hike possible with faster tightening ahead; Yen spikes; Russia-Ukraine escalation: Russia strikes weapons transport ships and railway station; Zhipu releases GLM-5.3 model; HK tech stocks plunge, JD.com drops 10%+.
Goldman Sachs in talks to join NVIDIA's $500B AI financing plan; Apple partners with Alibaba to train China-specific LLM; PBoC conducts 1 trillion yuan reverse repo; Gold pulls back to $4,325, WTI crude holds above $80.5.
Gold down 0.63% at 4323, WTI oil up 0.1% at 80.5; Trump family launches Truth API at $100K/month sparking controversy, Canada-US trade talks countdown as Brazil initiates retaliation, Trump and Musk reconcile; ChiNext up 0.65% with CPO leading, JD.com HK drops over 10%.
OpenAI annualized revenue exceeds $40B with July single-month growth over 20%; AMD completes $4.75B bond issuance, largest in company history, targeting AI infrastructure expansion; South Korea July ICT exports surge 140% YoY, hitting record high; Brazil launches economic reciprocity procedure against US tariff measures; Spot gold falls 0.83% to $4,315, WTI crude dips below $80 before recovering.
SMIC earnings call confirms AI chip demand up 40%; JD.com Q2 net margin at 2.1%, leads tech sell-off; Iran threatens Hormuz Strait transit; Fed's Goolsbee says inflation returning to "golden path"; US July retail sales and Michigan consumer sentiment preliminary due tonight.
Trump imposes up to 100% tariffs on imported drones; US escalates "maximum pressure" on Iran with banking sanctions and Hormuz Strait blockade; Fed's Goolsbee signals caution, 65.2% probability of unchanged rate in September; US July PPI flat; OpenAI annualized revenue exceeds $40B.
Fed's Hammack says not confident inflation will continue to improve, needs to bring it to 2% faster; Rotterdam refinery explosion kills one; Alibaba's Qwen3.8-2.4T goes live on supercomputing network; US stocks open slightly higher, gold down 0.77%, WTI crude falls 2.26%.
US July PPI missed expectations across the board; initial jobless claims rose to 209k; Fed's Hammack calls for immediate rate hike while Barkin strikes a balanced tone; Ukrainian strikes on Russian refineries push diesel exports to multi-year lows; gold down to 4397, oil drops 1.5%.
Bank of England warns AI bubble burst could trigger simultaneous capital outflows from US stocks and bonds; DeepSeek V4 Pro officially withdrawn less than 24 hours after launch; Mild US CPI eases rate hike pressure but gold falls; US Defense Secretary issues military threat against Cuba
Houthi missile strikes commercial vessel killing crew; Saudi Arabia amassing troops for large-scale counteroffensive; Trump claims US has full control of Strait of Hormuz; JD.com Q2 revenue down 2.9% to RMB 346.4B; IBM partners with OpenAI, pre-market up 1.6%; Nomura expects ECB rate hike in September
SMIC Q2 revenue hits $3B with surging profit, Q3 guidance shows continued growth; Changxin Tech surpasses Tencent as China's largest company by market cap; PBOC signals imminent incremental policy measures to strengthen counter-cyclical adjustments; Goldman Sachs expects Fed to hold rates unchanged through 2026.
Iranian militia claims control over the Strait of Hormuz, crude oil under pressure; Ukraine grain exports plunge 76% amid Black Sea port blockade; UOB analysts say US inflation may have peaked in Q2, energy prices remain uncertain.
US July CPI came in mild, but 10-year Treasury auction yield hit the highest since the financial crisis. Bond market sees September rate hike probability at ~40%. EIA reports largest US crude inventory build since January 2023; IEA expects global oil demand to decline in 2026. US housing market flash warning signs reminiscent of 2008; senior economist warns AI boom may be masking recession.
Japanese government backs accelerated BOJ rate hikes, tightening pace may be fastest since bubble era; South Korean central bank buys $250M gold ETF, supporting long-term gold demand; Lenovo AI revenue hits record high surging 16%+; US consumers face "invisible pay cuts" as inflation erodes wages.
BOJ rate hike rumors for Sept/Oct + Takaiichi supporting faster hikes, USD/JPY drops 30pts; Bank of Korea buys gold ETF for first time in 13 years; UBS says "buy under 4000"; Lenovo Q1 revenue hits record $26.9B, adjusted profit up 176% YoY; SpaceX surges ~10% on AI expectations and short squeeze.
Hormuz Strait transit volume drops to 3-month low; Iran rejects Trump's "full control" claim. Cerebras plunges 16% after earnings; Cisco beats on all fronts but still falls post-market. Goldman says Japan has ample intervention ammo; yen approaches 160. Putin visits disputed Kuril Islands, raising geopolitical tensions.
US July CPI came in line with expectations across the board, September rate hike probability dropped to 40%. Oil prices pulled back after five consecutive gains, Strait of Hormuz situation remains uncertain. Cerebras Q2 revenue doubled but hardware sales declined, stock down 17% after hours.
Former Premier Zhu Rongji passes away; PBoC releases Q2 monetary policy report signaling continued easing and incremental measures; US-Iran ceasefire outlook uncertain; US July CPI data due tonight with market divergence; Hormuz Strait closure risk rising, UK predicts worst-case 2027 GDP growth at only 0.3%.
Gold surges past $4,416 to hit new highs, yen strengthens sharply before recovering, Russia-Ukraine Black Sea tensions escalate, market focuses on tonight's US July CPI data. Putin warns EU against seizing Russian vessels, Medvedev says Russia has the right to attack ships carrying goods for Kyiv, Brent crude falls below $87. Norway sovereign wealth fund delivers 9.4% H1 return, Asian tech stocks lead gains.
IEA monthly report cuts 2026 global oil demand forecast, warns Hormuz disruption will widen supply deficit; Tencent Q2 revenue RMB 204.8B (+11% YoY), WeChat MAU reaches 1.439B; Super Micro Computer surges 10.4% premarket on better-than-expected FY2027 revenue outlook; US July CPI due at 20:30 tonight; Fed's Collins supports September rate hike if inflation remains elevated.
IEA monthly oil report imminent; US July CPI previews signal easing inflation pressure; Putin warns West over vessel seizures; Foxconn reports strong AI demand with "no off-season"; former Mossad chief reveals operations near Iranian nuclear facilities; spot silver hits $66.
Fed's Collins turns hawkish, open to September rate hike if inflation persists; market eyes July CPI; API crude stocks surge 9.07M barrels vs expected draw, pressuring oil; Houthi attack on commercial vessel kills 3 Pakistani crew members; Black Sea port of Novorossiysk hit.
Wall Street previews tonight's CPI: consensus at 3.4% headline, 2.5% core; Gold drops to $4,391, WTI crude down 0.73% to $82.8; OPEC and IEA to release monthly oil reports today; Iran's power vacuum widens as hardliners seize war initiative.
Fed's Collins signals possible September rate hike; US VP Vance asks Ukraine to stop attacking tankers at Russian ports; Japan receives Canadian crude oil for first time; Omdia raises semiconductor growth forecast to 94.1%; gold flash warning signal.
NVIDIA rumored to invest $2B in optical module maker Zhongji Innolight; South Korea's KOSPI surges 5% on AI optimism; CoreWeave revenue doubles, validating AI infrastructure demand; Russia imports gasoline from India for the first time.
Goldman Sachs expects July CPI to continue mild trend, Fed no rate hike needed this year; USD/JPY hits 159.43, August high; KOSPI surges 4%, Samsung up 7%+; Gold breaks 4,400, silver up 1%+; Anthropic announces invisible watermarks for Claude-generated content; Alibaba Cloud launches super-node computing for 2T-parameter models; Panama Canal transit fees soar to $3.78M.
Trump escalates rhetoric on Iran, claims control of Strait of Hormuz; CTA funds hit record short on global bonds, tonight's CPI could trigger massive short covering; SK Hynix plans to increase China NAND capacity by 50%; Freeport Indonesia copper smelter shut for maintenance; gold breaks 4390, COMEX gold above 4450.
CoreWeave Q2 revenue doubles, stock up 12% after hours, raises full-year guidance; API crude inventories surge 9.07M barrels vs expected draw; Fed September rate hike probability at 48%; Houthi first fatal attack on Saudi vessel kills 3 crew; Trump considers capital gains tax cut.
Trump threatens Iran with "strong force"; Atlanta Fed's Venable says inflation outlook hinges on Middle East conflict; US July existing home sales hit 3-month low.
US July existing home sales annualized at 4.06M, slightly beating expectations but still declining for the fifth consecutive month; NVIDIA launches Nemotron 4 open-source AI model with expected 1T+ parameters; Intel drops 1.1% after expanding share offering; Rocket Lab falls 3.9% on Neutron rocket delay; Russian crude exports drop to 3.71M bpd; EU electricity coordination group warns of tense supply situation this week.
US military fires on vessel breaking Iran port blockade; Pakistan signals US-Iran peace deal near; ADP weekly employment drops sharply to 8,250; Wells Fargo warns of strongest sentiment alarm since 2018, urges hedging before CPI.
Trump claims US controls Strait of Hormuz and has cleared Iranian mines; Qatar says Oman-Iran negotiations in advanced stage; Container ship suspected missile attack in Gulf of Oman; US NFIB small business optimism hits one-year high; Former Fed vice Dudley slams new Fed Chair Warsh's policy confusion.
Houthi attack on cargo ship in Mandeb Strait kills 3; UKMTO reports tanker incident in Gulf of Oman; Middle East geopolitical risk escalates. TSMC board approves JV with Sony Semiconductor for next-gen image sensors, valued at up to JPY 282 billion. US July NFIB Small Business Optimism Index rises to 99.8, well above prior 97.4.
Gold pulled back from two-month high; WTI crude up 2.46% to $83.45; RBA holds rate at 4.35%; Nomura estimates Japan intervention at 14.1T yen; Fed's Hammack says multiple rate hikes may be needed to curb inflation.
WTI crude tops $83 up nearly 2% as Houthi attacks kill 3 in Mandeb Strait; Trump cites three strategies on Iran; Chinese A-shares fall 0.82%, HK auto stocks slide; US NFIB small business optimism and existing home sales due tonight.
Intel completes pricing of $20B common stock offering at $95/share. Hormuz Strait deadlock continues to drive oil higher, WTI up 1.33% to $82.53. Fed's Hammack says multiple rate hikes may be needed, July CPI expected at 3.3% YoY. US federal deficit reaches $1.8T for first 10 months of FY2026. RMB hits 3.5-year high, onshore USD/CNY at 6.7429.
RBA Governor Bullock's press conference strikes hawkish tone — rate hikes discussed, cuts off the table; spot gold breaks below $4,400 to $4,374; Indonesia's Grasberg smelter outage disrupts copper exports; Japanese media reports BoJ September rate hike on the table.
RBA holds rate at 4.35% for second consecutive meeting, inflation still above target; Iran's president and supreme leader hold marathon talks; Maersk returns to Suez Canal, Red Sea reopening expectations rise.
Apple downgraded to "Sell" by Jeferries as all-glass iPhone reportedly cancelled; SpaceX rises post-lockup, ARK adds position; A-shares open lower then recover, turnover exceeds 1.5T yuan for 260th straight session; US NFIB, ADP, existing home sales data due tonight.
OpenAI completes $7B employee stock buyback at $852B valuation, paving way for IPO; Nvidia partners with six Wall Street giants for $500B AI infrastructure financing; BofA warns CPI may show inflation persistence, Fed could still hike in September; Gold hits $4,435 intraday high then pulls back to $4,412; WTI crude stable at $81.5.
Fed whisperer: this week's CPI and month-end PCE will test Wash's hawkish stance; Trump extends Jones Act shipping waiver for 90 days but narrows scope to energy transport, SPR at lowest since 1983; NVIDIA partners with six major financial institutions on $500B AI infrastructure financing; RBA rate decision due at 12:30, expected to hold at 4.35%.
NVIDIA partners with six financial giants for $500B AI infrastructure financing platform; OpenAI buys back $7B employee shares ahead of IPO; Gold breaks $4,400 hitting 9-week high; Fed September rate hike odds rise to 51.2%.
Fed Chair Wash completes divestment of all financial assets and signs ethics compliance certification; Colombia earthquake kills 18, multiple airports damaged; Hormuz Strait talks stall, WTI crude rebounds from $77.67 low to $79.92; South Korea plans special legislation for semiconductor and AI mega-projects; Zhipu API users approach 7 million with 50,000+ domestic AI chips deployed.
Fed Governor Cook charged; Hassett says he won't fill her seat. Japan-US joint yen intervention for first time in 28 years; Ueda hints at September rate hike. Boeing to acquire stake in Archer Aviation; shares surge 15% premarket.
Intel announces $15B stock offering, shares drop 3% pre-market; White House economic advisor Hassett says he would hold or cut rates if at the Fed, calls AI the most important policy issue for the next two years; Jefferies downgrades Apple to Underperform; GameStop CEO Cohen reportedly considering withdrawing $56B eBay acquisition bid. Gold slips slightly to $4,334; WTI crude jumps 3% to $78.66.
Jefferies downgrades Apple to Underperform with $263.66 target; Meta launches Muse Glimmer open-source AI model with Zuckerberg's 6500-word AI vision; Trump "downplays" Iran but focuses on Strait of Hormuz; oil rebounds 2.97%; PBoC releases 15th Five-Year reform plan.
Ukraine escalates strikes on Russian oil refineries; WTI crude surges 2.37% to $78.16; South Korea launches KRW 5 trillion semiconductor fund targeting materials and fabless firms; US Senator Sanders issues ultimatum to AI giants demanding development pause; Shanghai releases service trade innovation plan targeting $300B by 2030.
Eurozone August Sentix investor confidence returns to positive at 0.9, beating expectations; Citadel Securities turns bullish on gold for the first time this year; JPMorgan raises S&P 500 target to 8,000; Low Rhine River water levels force German chemical giants to cut production.
Hormuz Strait blockade enters 5th month, US Navy intercepts 20 more vessels last week; Trump comments on Fed rate path; Yen worst G10 currency in August; US private credit defaults rising; Rhine River flow hits historic low.
TSMC July revenue surges 44.7% YoY; JPMorgan raises S&P 500 year-end target to 8000; Ukraine drones strike Nizhnekamsk, Russia; Kazakhstan diverts oil exports amid CPC pipeline disruption.
JPMorgan raises S&P 500 year-end target to 8000; OpenAI pauses Astra model development over cyber attack concerns; Hong Kong stocks up 0.72% at midday with biotech and livestock sectors leading; gold flat at $4,339, WTI crude up 1.68% to $77.63.
BOJ hawkish signals intensify, inflation risks rising, rate hike pace may exceed expectations; Gold bullish bets warming up, Chinese retail investors flocking to gold ETFs; Sony and TSMC invest ¥1 trillion in Kumamoto image sensors, targeting 2029 mass production; DDR5 memory prices surge back to 2007 levels, AI demand continues to drive upstream costs.
Treasury Secretary Bessent makes multiple moves to ease bond market pressure, seen as rescue signal by Wall Street; Iran replaces top security official with hardline Revolutionary Guard veteran; WTI crude oil rises 2.2% to $78 as Hormuz Strait tensions escalate.
Hormuz Strait deal remains unreached; oil jumps 2%+; Trump shifts to "low-key" approach on Iran; Iran replaces top security official; Fed September hike probability rises to 44.4%; Japan current account unexpectedly in deficit.
Houthi forces fired 30 ballistic missiles at Mocha city in Yemen; Middle East tensions escalate. Syria and Russia reached a memorandum on two military bases. China July CPI rose 0.5% YoY, inflation mildly recovering.
Next week's US CPI data in focus, expected to show slight cooling; Trump patient with Iran standoff, focuses on Strait of Hormuz transit; Cyprus could supply gas to Europe by 2028.
Iran's FM rejects resuming talks with US, Hormuz Strait reopening remains uncertain; Wuxi AppTec's 1260H list lawsuit sees court ruling on preliminary injunction; Weekend markets closed, gold fell over 2% on Friday.
Houthi forces claim attack on Saudi Aramco refinery, Middle East geopolitical risk rises; Russia-Ukraine conflict escalates with Odesa port struck; Moore Threads H1 revenue surges 147%; Gold up 2.37% to $4,341, oil down 1.32%.
Gold tumbles 2.37% to $4,341 on Friday; oil weakens in sync; RBA rate decision next Tuesday expected to hold; Japanese PM Takaichi vague on "Three Non-Nuclear Principles" at Nagasaki memorial
HSBC previews US July CPI: expects multiple core inflation components to cool more than expected, with both headline and core CPI below market consensus. Economists broadly expect inflation to slow slightly, but core inflation likely remains elevated. Typhoon "Baihedun" intensifies, Shanghai and Zhejiang on high alert.
Weekend markets closed; gold pulls back to $4,341, WTI crude drops to $76.35. US Middle East envoy Witkoff and Kushner may visit Kyiv and Moscow within 7-10 days. 5.7 magnitude earthquake hits Aceh, Indonesia; no tsunami risk.
China Meteorological Administration upgrades Typhoon "Dolphin" to red alert; Apple removes Alibaba Qianwen integration guide from China website. China July CPI +0.5% YoY misses expectations; gold pulls back to $4,341.
China July CPI +0.5% YoY well below expectation of +0.8%, PPI MoM -0.7% widening decline, domestic demand remains weak. Saudi Aramco Jazan facility fire extinguished, limited short-term crude supply disruption. Gold jewelry prices +24.6% YoY while pork prices -13.3% YoY, consumption divergence evident.
US-Iran conflict enters "mid-game"; CENTCOM commander visits Israel to advance Gaza Phase 2; Saudi-Turkey-Pakistan defense pact formed. Gold rises to 4341; focus shifts to US July CPI this week.
Iran notifies US it will not charge transit fees for Strait of Hormuz; Iranian President says now is the best time for a deal; VP Vance says Iran's asymmetric military capabilities significantly degraded; ship hit by unidentified projectile in Gulf of Oman; Libya's Zakuit-Sidra pipeline resumes operation after leak repair.
Vessel attacked by unknown projectile in Gulf of Oman, fire extinguished, crew safe. Gold down 2.37% at $4,341; WTI crude down 1.32% at $76.35. US stocks closed lower on Friday — S&P 500 down 0.62% at 7,757; Dow down 0.28% at 54,036.
Berkshire Hathaway Q2 net income doubles to $25.7B, resumes share buybacks; Apple partners with Alibaba to integrate Qwen AI on Mac; Gold surges 2.37% to $4,341, oil drops 1.32%.
Iran's FM says original Hormuz Strait lane separation plan is invalid; talks with Oman near completion on temporary route. Typhoon "Bai Haitun" further disrupts Yangtze River Delta rail services. Gold drops 2.4% intraday to $4,341; WTI crude falls to $76.35.
Hormuz Strait crisis escalates: Iran's IRGC says reopening depends on US accepting conditions; ADNOC tanker missile-attacked, Iraq oil exports down 75%. Gold surges 2.4% near record highs; WTI crude falls as markets price in demand destruction. Turkey restricts Black Sea transit — two critical energy chokepoints simultaneously disrupted.
Iraqi oil minister says production at 2.7M bpd, negotiating export arrangements with Iran; Russia claims capture of Ivanivka in Kharkiv; Weekend markets closed, gold holds at $4,341.
US Senate passes continuing resolution 90-0 to avoid government shutdown; Ukraine strikes two Russian oil refineries causing fires; Gold surges 2.37% to $4,341; WTI crude falls 1.32%.
Gold surges 2.37% to $4,341; WTI crude oil falls 1.32% to $76.35. Russia claims drone strike on Ukrainian weapons vessel near Odesa. Typhoon Dolphin approaches Shanghai and Zhejiang; US western wildfires escalate.
Sources say US Joint Chiefs Chairman Cain privately seeking exit from Iran conflict; Ukraine reports Kyiv under attack with casualties; Zelensky makes first visit to Serbia. Gold holds above $4,340, WTI crude falls to $76.35.
JPMorgan notes Q2 earnings season shows broad EPS beats across US and Europe; Gold surges 2.37% above $4,340, WTI crude falls 1.32% to $76.35; China's Ministry of Water Resources reports 13 rivers remain above warning levels, national flood control headquarters activates Level IV response for Jiangsu and Anhui.
BHP Port Hedland terminal workers launch 24-hour strike, disrupting iron ore shipments; Russian Ilysky refinery catches fire from drone debris; Musk refuses Ukraine Starlink access for strikes on Russian soil; Gold surges above $4,340, WTI crude eases to $76.
Gold plunges 2.37% to $4,341; WTI crude falls 1.32% to $76.35. Kyiv under drone and ballistic missile attack, fuel depot on fire. Deutsche Bank expects US July CPI +0.15% m/m next Wednesday.
Yemen launches military operation against Houthi forces, Middle East tensions escalate again. Apollo's chief economist says inflation is now a Fed credibility issue. NVIDIA plans up to $3B investment in Lancium for AI data center power infrastructure.
Nvidia to invest up to $3 billion in Blackstone-backed power company, accelerating AI infrastructure expansion. Ukraine agrees to avoid attacking non-Russian oil tankers and Black Sea oil facilities. ByteDance trains 10-trillion-parameter AI model; SK Hynix invests $38.4 billion in chip business.
US July NFP unexpectedly fell by 23K vs +80K expected; gold surged over 2% to $4,340. Iran and Oman reached framework agreement on Hormuz Strait passage; oil retreated. SpaceX surged 16% on reports of Cursor acquisition.
US July Non-Farm Payrolls unexpectedly declined by 23K, described as "terrifying" by Wall Street; Fed's Barkin struck hawkish tone, probability of no rate cut in September rose to 65%; ADNOC reports 15 vessels attacked in Strait of Hormuz, 1 dead and 20 injured; US storage stocks plunge, Seagate down 10%.
July NFP unexpectedly fell by 23K, prior two months revised down by 103K total, Fed September rate hike odds decline. Yen surges, Japan Finance Minister warns of potential further FX intervention. Cloudflare raises annual revenue guidance, surges 11.5% to record high. 2027 FOMC voter Barkin scheduled to speak imminently.
US July NFP unexpectedly fell by 23K, well below the 80K expected; May and June revisions totaled -103K; Unemployment rate dropped to 4.1% but mainly due to lower labor participation; Wage growth slowed sharply; Gold surged above $4,360, USD index broke below 100, rate hike expectations cooled.
Trump softens tone on Fed, says he doesn't blame Warsh for not cutting rates, shifts blame to "politicized Board"; NFP data due tonight at 20:30, expectation 80K, gold surges 1.9% to 4320 ahead of release; WTI crude drops nearly 2% to 75.85, BlackRock warns US euro-selling yen intervention increases long-bond risks.
Gold breaks $4,300 as PBOC extends gold-buying streak to 21 months. US July NFP due at 20:30 with huge Wall Street divergence. NVIDIA denies seeking Chinese base station partners. Global food prices hit 3-year high.
SK Hynix announces $38.4B chip expansion in South Korea, Yongin fab to produce HBM and next-gen DRAM; UAE hits record 4.1M bpd after leaving OPEC, only 6 tankers pass through Hormuz this week; China A-shares close up over 1% with 2.66T yuan turnover.
Gold surges past $4,297 to record high, silver rallies 3% as Goldman warns short squeeze just beginning; US July non-farm payrolls tonight with huge forecast divergence (+10K to +65K); German industrial output rises for third straight month; South Korea KOSPI falls for 7th consecutive week, longest streak since Dec 2022.
Fed's Warsh reportedly prepared to hike rates in September if inflation data stays strong; gold breaks above $4,280; Hormuz Strait transits plunge to 2 vessels; Saudi Aramco cuts Asian crude prices; Congo Ebola cases exceed 4,000.
AI server shipments for 2026 revised up to nearly 31% growth; top 9 CSPs' capex up ~90% YoY. CATL's Yichun lithium mine confirmed under maintenance shutdown; domestic gold jewelry prices cut ~11 yuan/gram. Saudi crude exports to US dropped to zero in July for the first time since 1985. Goldman Sachs questions threats to dollar dominance, says yen intervention impact limited.
US reportedly sold euros to rescue yen without informing ECB in advance, shocking Europe; tonight's NFP shows huge Wall Street divergence with ADP at only 44k vs 80k expected; Trump signs executive order imposing tariffs on imported polysilicon, Chinese polysilicon futures surge 5%.
China's July exports beat expectations at +23.9% YoY, trade surplus $112.5B; SpaceX lockup expiry passes smoothly, SpaceX+Tesla invest $16.8B in mega chip plant; Gold pulls back to $4,250, BCA says headwinds fading.
Iran-Oman reach framework agreement on temporary Hormuz Strait reopening, but hardliners remain key variable; Trump imposes 15% tariff on polysilicon alongside domestic anti-involution pact; Fed monitors AI investment boom financial risks; US July NFP report due tonight at 20:30 CST.
Middle East escalation: Saudi Arabia warns Iran is orchestrating multi-front attacks; Hormuz Strait navigation dispute intensifies. Fed's Musalem turns hawkish, September hike probability rises to 55%; Walsh sticks to minimalist communication, retains hike option. Trump imposes tariffs on polysilicon; weak Japan household spending data; market focus shifts to US jobs report.
Houthi forces launch large-scale missile and drone strikes on Saudi targets; Tesla announces Terafab chip manufacturing plan targeting over 1 terawatt of annual compute capacity; Spot gold hits 7-week high near $4,300 before pulling back to $4,273; IMF reiterates call for BOJ to continue rate hikes.
Fed's Warsh may prepare to hike rates in September; US initial jobless claims 199k, below 200k for 3rd straight week; Hormuz Strait may reopen to navigation; Storage stocks plunge — WDC -19%, Datadog -20%; S&P 500 call option volume hits record high.
US initial jobless claims 199K beat expectations; Q2 productivity 1.4% exceeded forecasts while unit labor costs only 1.3%. Iran warns Gulf states it will strike energy infrastructure if US attacks again; Hormuz Strait joint statement imminent. Gold hit intraday high of 4304 then pulled back to 4251; global ETF inflows $3B in July. Alphabet plans $25B bond issuance amid AI capex concerns.
Fed Chair Warsh reported to keep September rate hike option open, insisting on "minimalist" communication style; Alphabet launches $1 billion investment-grade bond offering; UK CMA clears Paramount-Warner Bros merger; Gold surges to 4304 then pulls back, market awaits NFP data for direction.
Trump says he prefers a deal with Iran but may have to let oil prices rise; US July layoffs hit two-year low showing strong labor market resilience; China imported over 800 tons of gold in H1 2026; Citi raises Cisco and Shopify price targets.
US July Challenger layoffs drop to one-year low of 33,429; AI remains top layoff driver for 5th straight month while hiring rebounds 25% YoY. China's cybersecurity regulator launches review of Palo Alto Networks. Gold hits intraday high of 4304 before pulling back to 4273.
Three Fed officials struck a hawkish tone, with Cook saying she would support rate hikes if inflation doesn't cool. Iran and Oman reached preliminary agreement on reopening the Strait of Hormuz. US storage stocks plunged premarket, with Western Digital down 12%.
South Korea's KOSPI plunges over 4.5% as foreign investors and institutions sell off. Ukraine strikes two Russian refineries and hits Russian patrol boats in the Black Sea. Germany's June factory orders surge 3.1% beyond expectations. Saudi Arabia cuts September Asian crude OSP. Chinese private equity positions hit four-year high.
Hormuz Strait shipping volume plummets to just 2 vessels; UAE continues crude exports defiantly. Asian markets plunge: KOSPI down 4.6%, SK Hynix hits limit-down on NXT platform. Apple sues OpenAI for trade secret theft; OpenAI moves to dismiss. JPMorgan argues tech selloff does not signal end of AI investment cycle.
Gold retreats to $4,266 after hitting intraday high of $4,304. WTI crude slips to $74.13. JPMorgan raises eBay price target to $107; Rheinmetall Q2 net profit far below estimates. Chinese A-shares see 3 consecutive days of 2 trillion+ turnover but volume shrinking. Market awaits tonight's US initial jobless claims data.
Wall Street hedge funds Point72 and Citadel targeted by cyber attacks, raising industry security concerns. SK Hynix shares plunge 10%; JPMorgan CEO Dimon warns market leverage is "quite high." Hong Kong stocks selloff with HSI down 1.75%; multiple major AI incidents draw attention.
Fed's Daly supports July pause, says inflation notably above 2% target; Google AI chief Jeff Dean departs to start own venture, Alphabet drops 4%+; "Sell America" narrative resurfaces as Warsh's silence meets Bessent's dollar suppression; Weda Bay nickel quota expansion triggers 2% nickel price crash.
Trump frequently calls Fed Chair Warsh as "outside advisor," raising Fed independence concerns; Hormuz Strait tanker reports hearing explosions, Iran seeks 5-7% transit fee. Fed's Daly warns of "aggressive rate response" if inflation resurges; South Korea's KOSPI plunges 5%, triggering sidecar mechanism.
Fed hawks out in force: Governor Cook and Kashkari both signal readiness to hike, September hike probability rises to 54.4%. July ADP comes in at just 44K, lowest since January; Hormuz strait shipping deal nears but Houthis still attacking Saudi tankers. Gold breaks $4,270, dollar index falls below 100, US-Japan joint intervention sends yen surging.
U.S. EIA crude oil inventory unexpectedly surges by 2.479M barrels vs -1.506M forecast; Treasury lifts some Iran-related sanctions, officials deny policy shift; geopolitical conflicts escalate across multiple fronts, gold surges 4% near $4,250.
US July ADP employment at only 44k vs 70k expected; Fed's Kashkari calls for gradual rate hikes. Iran-Oman Hormuz agreement draft reached awaiting approval; IDF launches targeted attacks in southern Lebanon. Nvidia hits 5-day winning streak with record high and $5.33T market cap; AMD drops 7% on weak Q2 results.
US July ADP employment adds only 44K, far below expectations, lowest since January; Fed's Kashkari says time to gradually start hiking but opposes aggressive moves; US Treasury keeps QRA at $125B unchanged; gold briefly breaks above $4,200.
Fed Chair Warsh's "refusal to communicate" triggers market upheaval, long-end Treasury yields surge; Shopify soars 33.8% pre-market, Q3 revenue guidance of 30%+ growth far exceeds expectations; Gold breaks above $4,190, silver up 4%, dollar and Treasuries continue to decline.
Trump says US-Iran deal within 48 hours, Middle East enters critical countdown; China's Foreign Ministry responds to proposed US ban on Chinese optical modules; Disney Q3 profit beats expectations, pre-market +2%, Citi cuts CoreWeave target to $142.
Houthi attacks on Saudi oil tankers in Red Sea push oil higher; gold breaks $4,150 on safe-haven demand. Putin reorganizes Defense Ministry logistics; Iranian parliament warns US expulsion from the region. UK FCA simplifies IPO rules effective today; Huawei warns of phone price hikes due to memory chip surge.
Houthi attack on Saudi oil tanker lifts oil prices; gold breaks $4,171 to new highs; European services PMI shows North-South divide; Goldman bullish on HBM; Foxconn July revenue up 54% YoY; Microsoft cuts 605 jobs in Redmond.
Gold surges $100 to $4,178 as precious metals rally across the board; ADP payroll data expected at 50-60k tonight; Nikkei jumps 3.66%; French industrial output misses; Glencore profits soar; SoftBank invests in 7-Eleven parent for AI.
Gold surges above $4,163 up 2.11%, COMEX gold breaks $4,200; Infineon Q4 revenue guidance beats estimates on AI chip demand; Bessent says core inflation easing; A-share semiconductor sector rallies, STAR50 up 6%; Hormuz crisis boosts Saudi Aramco Q2 profit 33%.
Trump says US-Iran deal outcome within 48 hours; Iranian officials reject deal under threats. India RBI holds rates for fourth consecutive meeting; Dalio warns AI bubble mirrors 1929. Gold rebounds to 4136 intraday; WTI crude steady near 74.
Iran-Oman Hormuz talks delayed due to US threats; Iran says no deal under coercion while Trump threatens "severe strikes." RBI keeps repo rate at 5.25% for fourth straight meeting with neutral stance, watching oil pass-through. Gold breaks above $4,140; Ray Dalio warns AI bubble echoes 1929 and 2000.
US-Iran negotiations show substantive progress; US plans to announce Hormuz Strait deal on Wednesday, oil under pressure, gold holds high. China A-shares surge with STAR 50 up over 5%; AMD beats earnings but stock drops 9%. Japan LDP approves major consumption tax cut; Bessent backs Warsh's reduced forward guidance.
Hormuz Strait deal imminent — US, Iran, Oman to announce temporary arrangement as early as Wednesday, pressuring oil prices. US restricts tungsten scrap and battery recycling material exports, tightening critical mineral supply chain. Precious metals surge across the board — gold tops 4129, silver breaks 60. AMEC surges 10% as Samsung and SK Hynix evaluate Chinese semiconductor equipment.
DeepSeek restarts fundraising with a pre-money valuation of 500 billion yuan, planning to raise 50 billion yuan. China's July Services PMI drops sharply to 50.4, the slowest expansion since January 2024. Fed hawks Schmid and Paulson warn rates are not high enough and inflation risks persist. US considers banning Chinese optical modules; CPO sector crashes; Texas halts new data center approvals.
US June JOLTs job openings fell to 7.36M, labor demand cooling modestly. Rubio reports progress in Iran Hormuz Strait talks; Saudi secretly mediates with Houthis. WTI crude plunges 3.4%, gasoline futures drop 5%. Palantir revenue nearly doubles, beating expectations; S&P 500 hits new all-time high.
Strait of Hormuz reopening imminent, US Treasury Secretary says Iran deal possible tomorrow, oil crashes 4.5%. US stocks surge at open, S&P 500 hits intraday all-time high, Philadelphia Semiconductor Index up 5%+. Palantir raises full-year revenue guidance +14.7%, Snap Q2 revenue beats +10%.
Fed's Bostic strikes hawkish tone: inflation too high, policy only moderately restrictive, no rate guidance yet. US June trade deficit narrows to $73.3B as imports fall for first time this year. Anthropic signs $10B compute deal, AI infrastructure arms race escalates.
US Treasury Secretary Bessent says Iran deal to open Strait of Hormuz could come as soon as tomorrow; WTI crude crashes 3.4% to $76. Bessent backs Japan's yen intervention, says policy follow-through is key; spot gold rises to $4,075. Qatar says Iran-US communication only through intermediaries, diplomatic outlook remains uncertain.
Hormuz Strait tensions escalate: Iran-Oman interim deal grants Tehran control over inbound shipping; Greek cargo ship hit by missile; WTI crude surges 2.1% to $80.38, Russia's July seaborne oil product exports plunge 33%; BOJ data shows no FX intervention on Monday despite yen rally.
Crude oil surges intraday, WTI up 2.48% to $80.67, Saudi Aramco CEO says supply crisis not demand crisis, Hormuz Strait shipping traffic drops to freezing point. Lebanon-Israel negotiations start in Rome. Copper breaks $14,000. US chip stocks up pre-market, Snap +8%. SpaceX first earnings report after close.
Goldman Sachs expects Brent crude to trade in $80-90 range until Iran situation clarifies; Apple's India annual sales surpass $1 billion for the first time; South Korea's KOSDAQ surges 6% with three consecutive buy-side circuit breakers; BOK minutes signal hawkish tilt.
Saudi Aramco CEO warns of historically largest crude supply disruption, global losses exceeding 26 billion barrels; Iran's president says no intention to expand war; BOJ continues JGB tapering, long-term yields rising; China A-shares CPO sector surges with limit-up wave, turnover exceeds 2 trillion yuan.
Fed's Williams optimistic on inflation easing,暗示September rate cut still on the table. Iran and Oman close to Hormuz Strait navigation deal, oil pulls back. Saudi Aramco Q2 profit up 33%. Toyota announces 1 trillion yen buyback.
HSBC Q2 profit surges 60% to $10.1B beating estimates, announces $1B buyback; Palantir revenue nearly doubles on AI sovereignty narrative; Moscow region drone strike kills 5; SK Hynix gets Moody's A rating.
JPMorgan brings forward Fed rate hike expectation to December 2026 amid Warsh communication crisis. Amazon market cap first breaks $3 trillion, up 20%+ in two days. Japan's economy minister says inflation moderate, cost pass-through limited; Korea KOSDAQ triggers buy-side circuit breaker.
US-Iran talks descend into "Rashomon": Trump claims negotiations underway and Hormuz may reopen tomorrow; Iran publicly denies. 25 states sue Trump's new tariffs as "unauthorized and illegal," seeking injunction. Iranian one-way attack drones strike Kuwaiti military base; Middle East spillover risk rises. WuXi AppTec hits daily limit on H1 net profit exceeding 10 billion yuan, raises full-year guidance. South Korean finance minister pledges to ease stock market volatility, restricts leveraged single-stock ETFs.
US July ISM Manufacturing PMI surges to 55.6, a four-year high. WTI crude oil plunges 7.64% as Iran claims Hormuz Strait talks enter "final phase." White House to host AI companies including OpenAI and Google on Tuesday to review AI regulatory framework. US equity indices rally across the board.
Oil crashes 8% as Iran says Hormuz Strait talks enter final stage; Microsoft surges 25% in 3 days, Amazon hits $3T market cap; Deutsche Bank reaffirms $4,600 gold year-end target.
WTI crude oil plunges 8.5% to $77.84 as Iran claims Hormuz Strait talks enter "final stage"; Kuwait output hits post-war high. NY Fed's Williams optimistic on inflation; Japan reportedly spent $34B on Friday to defend yen, a monthly record. US stock futures higher; JPMorgan warns it's not yet time to buy the dip.
WTI crude plunges 8.3% to $77.93 as Iran Hormuz Strait talks enter "final stage," unwinding geopolitical risk premium. Japan likely spent $34B on Friday to stabilize yen, setting monthly intervention record. Lilly receives breakthrough therapy designation for pancreatic cancer.
Iran claims Hormuz Strait talks in "final stage," WTI crude plunges 7.8% to $78.41. GameStop pre-market down 12%; Israeli parliament extends emergency mobilization through Sept 30. JP Morgan warns US stock "de-watering" enters second half; tech valuation premium at 6-year low. Tonight's ISM Manufacturing PMI remains the key recession-trade validation point.
BOJ confirms ~$34B FX intervention on Friday, joint US-Japan effort exceeds expectations. Lebanese delegation arrives in Rome for talks with Israel, diplomatic window opens. WTI crude holds 7% loss with no rebound, gold slips to $4,054. Tonight's ISM Manufacturing PMI is the key test for recession trade.
WTI crude oil plunges 7% to $79, global manufacturing PMIs weaken across the board, stoking recession fears. UK manufacturing PMI falls to a four-month low of 51.9, France re-enters contraction at 49.8. JPMorgan warns it's not time to buy the dip in US stocks, UBS sees gold pulling back to $3,850 short-term. Focus turns to US ISM Manufacturing PMI tonight, expected at 54.
WTI crude oil plunges 7.68% to $78.50; Iran FM says no US-Iran delegation exchanges planned in recent days. Europe July manufacturing PMIs mixed, France falls below 50. US ISM Manufacturing PMI in focus tonight.
WTI crude plunges over 8% to $77.98 as OPEC+ continues production hikes amid demand concerns. South Korea's KOSPI crashes 5.13% again while Morgan Stanley upgrades to overweight, citing deleveraging more than halfway done. UBS warns gold could pull back to $3,850 short-term but maintains $5,200 target for 2027.
OPEC+ raises September production quota by 188k bbl/day, completing production cut reversal; WTI crude plunges nearly 8% to $78.50; gold pulls back to $4,070, UBS warns of short-term correction to $3,850; yen short positions hit highest since 2007, Japan may intervene again; key focus on US July ISM Manufacturing PMI tonight.
WTI crude crashes 8% to $78.36 as OPEC+ completes production restoration plan; US Treasury suspected of using EUR to intervene in JPY, preserving strong dollar facade; South Korean President Lee Jae-myung approval rating hits record low; OpenAI prepares Astra series, IPO may delay to next year; US ISM Manufacturing PMI is tonight's focus.
WTI crude crashes 7.6% to $78.5 on OPEC+ supply hike and Italian interception of Russian shadow fleet tanker; A-shares down 0.59% at noon, semis weak; Cuba national grid shut down; DeepSeek-V4-Flash API enters public beta.
Trump announces restart of US-Iran talks and Hormuz Strait deal; WTI crude crashes 7.7% to $78.5. Japan's finance minister and cabinet secretary make hawkish FX intervention remarks; JPY short alarm escalates. Alibaba releases Qwen 3.8-MAX model (2.4T parameters); US-China AI race intensifies.
OPEC+ raises September production quota by 188K bpd, fully offsetting 2023 cuts; JMMC expresses concern over attacks on energy infrastructure. US-Iran positions remain unchanged, risk of broader conflict persists; Israel says it has not agreed to stop attacking Gaza. Next week brings US NFP week, China CPI and trade data.
Trump calls off Iran strikes but Iranian media denies any deal; OPEC+ agrees to raise production by 188k bpd in September, fully offsetting 2023 cuts; Iran claims Bahrain Amazon data center strike was response to US actions; Israel denies agreeing to Gaza ceasefire; Gold drops to 4043, WTI rises to 85.
OPEC+ agrees to raise September production quota by 188k bpd, next meeting Sept 6. Trump claims cancelled Iran strike, Iran denies Hormuz reopening reports as rumors. Iran's IRGC says Bahrain Amazon data center strike was response to US actions. WTI crude up 2.88% to $85.
Trump announces cancellation of Iran strikes, claims framework deal reached including opening Strait of Hormuz, but Iranian officials immediately deny as "pure rumor." Guangfa and CICC simultaneously publish AI correction reports, arguing AI assets remain in adjustment cycle. Multiple LOF funds issue premium warnings; gold pulls back to $4,043; WTI crude rebounds to $85.
Strait of Hormuz situation reverses: Iran reportedly agreed to Qatar-mediated deal then denied it; Trump cancels strike plan. OPEC+ agrees in principle to raise output by 188K bpd, pause increases in Q4. CICC research says AI pullback closely resembles 2000 dot-com four-round correction.
OPEC+ agrees in principle to raise output by 188kbpd, pause increases in Q4; Iran accepts Qatar+US plan to reopen Strait of Hormuz, Trump cancels strike; CITIC Securities sees US equity valuation pressure short-term; PBoC maintains moderately loose monetary policy for H2.
Iran agrees to Qatar-US proposal to reopen the Strait of Hormuz; Trump cancels strike plans against Iran, marking significant geopolitical de-escalation. OPEC+ agrees in principle to raise output by 188K bpd but pauses increases in Q4. PBoC H2 meeting reaffirms moderately loose monetary policy.
Trump cancels military strike on Iran, geopolitical risk premium eases, gold drops to $4,040. Hormuz Strait remains blocked, WTI crude surges to $85. Japan says oil supply secured through March 2028, Rubio says Iran more willing to negotiate.
Trump cancels strikes on Iran, claims Iran requested pause; Iranian military denies calling it a "lie"; Rubio says strikes made Iran more willing to negotiate; CNN analysis says draft deal does not end nuclear threat; Hormuz disruption causes Japan Q2 electricity prices to surge 30%.
Trump agrees to cancel strikes on Iran in exchange for a deal framework, but CNN reports the draft does not address ending the nuclear threat. Iran's military denies requesting a halt. Hormuz Strait disruption drives Japan's Q2 electricity prices up 30% YoY. WTI crude up 2.9% to $85, gold down 1.5% to $4,044.
Japan's Finance Minister to announce US-Japan joint currency intervention on Monday; Visa plans to lay off 2,600 employees amid AI-driven restructuring; Middle East tensions near boiling point as US-Israel close to approving strikes on Iranian energy infrastructure.
Iran suspends passage through the Strait of Hormuz; US-Iran confrontation escalates driving oil prices higher. Japan suspected of spending $53 billion on YTD-record Yen intervention with US-Japan joint action. Fed hawks push back against Wash, 30Y Treasury yields surge.
Turkey and Iraq sign one-year oil pipeline agreement; WTI crude surges 2.9%; IAEA reports Zaporizhzhia nuclear plant loses external power for 23rd time; US EUCOM warns of insufficient naval forces to protect Israel; Gold drops 1.5% to $4,043.
Hungary's Danube water level drops, Paks nuclear plant output cut to 480MW; Colombia truck bomb attack injures 10; US embassies in Israel and Jordan urge American citizens to consider leaving the Middle East; Rhine River hits record low; Turkey-Iraq sign one-year oil pipeline deal.
US EUCOM commander warns of insufficient naval forces to protect Israel, exposing resource constraints; Turkey and Iraq sign one-year oil pipeline agreement, providing alternative route amid Hormuz closure; GCC condemns Iranian attacks on Kuwaiti civilian facilities, Rhine River hits record low.
Trump orders new round of strikes on Iran, possibly starting this weekend; US embassies in Middle East issue evacuation warnings; Iran claims use of new drones, Hormuz Strait remains closed; Zelensky announces strikes on Russian oil tanker and three refineries; Gold drops 1.5%, oil surges 2.9%.
WSJ reports Trump has ordered a new round of attacks on Iran, starting as early as this weekend and lasting several days; explosions reported in Iran's Kermanshah province, officials deny evacuation rumors for Hormozgan; Russian forces capture two villages in Zaporizhzhia and Kharkiv; BYD July sales exceed 419K with record overseas volume, Geely NEV exports surge 616% YoY.
Iran announces suspension of Hormuz Strait passage, WTI crude surges 2.88% to $85; Japan reportedly spent $53B intervening in FX markets, US said to follow on Friday; Russia launches massive strikes on Kyiv military facilities, Ukrainian drones sink Russian civilian vessel in Black Sea.
Kuwait hit by Iranian attacks — conflict spills into third-country territory; Hormuz closure fails to lift oil as prices drop 3%; Hungary's Paks nuclear plant faces shutdown due to low Danube water levels; India's IOC shifts 85% of oil procurement to spot market.
Indian Oil Corp shifts 85% of crude procurement to spot markets due to Middle East crisis, up from 50% previously. Ukraine strikes Russian naval drone depot in Crimea; Zelensky reports 35 missiles and 185 drones launched by Russia. AMEC Chairman Yin Zhiyao targets 60% coverage of high-end semiconductor equipment within five years.
Kuwait's military announces interception of Iranian missiles and drones, marking a sharp escalation of the Middle East conflict. Iranian Parliament Speaker declares Iran has won the war, calling for expanded Supreme Leader authority to consolidate gains. UK Maritime Trade Office reports explosions near a tanker in Omani waters, close to the Strait of Hormuz.
Russia launches massive overnight strikes on Kyiv military facilities, killing 9 and injuring 28. Pentagon seeks over $10B for Patriot and THAAD missiles; India attracts $40B+ in overseas capital.
Oil tanker attacked near Oman, Japan's Silicon Island semiconductor factories still halted, CXMT LPDDR6 near production verification. Japan MoF states multiple liquidity tools available, Chinese EV makers report strong July deliveries.
Oil tanker attacked near Oman, WTI crude surges to $85. Japan MoF declares intervention tools available. Gold retreats to $4,043. Chinese EV makers post strong July deliveries. Japan 5.8M earthquake near Aomori.
Iran's IRGC seizes two tankers in the Strait of Hormuz; situation continues to escalate. South Korea's July semiconductor exports surge ~180% YoY. OpenAI prepares Astra model series; IPO may be delayed to next year. US reported to intervene in JPY; Japan allegedly spent $53B on Thursday. Fed hawks push back; Wash's communication strategy under scrutiny.
Iran's Revolutionary Guard seizes two oil tankers in the Strait of Hormuz, pushing WTI crude to $85; US and Japan jointly intervene in yen for the first time in nearly 30 years, with Treasury Secretary's memo exposed showing $50-100B buying plan; Fed's Musalem leans toward rate hikes, warns bond sell-off threatens Fed credibility; OpenAI IPO may be delayed to next year.
Trump orders new round of airstrikes on Iran; US-Israel planning to bomb Iran's energy infrastructure; Hormuz Strait passage suspended. Japan intervenes in FX market for second consecutive day; Fed's Warsh considers reducing FOMC meeting frequency. US stocks closed higher boosted by Amazon earnings; gold pulled back 1.5%; oil surged 2.9%.
Iran announces suspension of Hormuz Strait transit, WTI crude surges 1.7% to $84; Three Fed officials support rate hike, 10Y yield rises to 4.7388% — highest since Jan 2025; US reported to intervene in JPY on Friday, USD/JPY drops ~100 pips; Amazon surges 15.2% post-market — largest gain since 2012.
Gold plunges 1.85% to $4,027; Chicago PMI beats expectations at 57.6. Japan suspected of spending $53B on FX intervention; USD index rebounds to 100.4. Chevron bullish on Venezuela output; ExxonMobil misses Q2 estimates, down 1.2%.
Japan suspected of spending $53B in single-day FX intervention, potentially record-breaking; US Q2 Employment Cost Index 0.9% vs 0.8% expected; Poland summons Russian ambassador over missile incident; Black Sea grain export routes face blockade risk; Oxford Economics says ECB September rate hike more likely.
Middle East escalation: Kuwait intercepts Iranian drone, ExxonMobil discloses $1.8B production loss; CME yen trading volume hits all-time high, Ueda's hawkish signals continue to reverberate; Microsoft's market cap surges $450B in single day, a historic record; US stock insider selling hits 21-year low.
US-Israel discuss land blockade of Iran, Middle East tensions escalate sharply; Dalio warns of AI bubble as US insider selling sentiment hits 21-year low; KOSPI surges nearly 18%, Nikkei briefly breaks 65,000 in historic Asia-Pacific rebound.
South Korea's KOSPI surged nearly 18% in a record single-day rally; Nikkei 225 briefly topped 65,000. US-Japan-Korea suspected of coordinated FX intervention. US AI fund blowup aftershocks persist as Wall Street fears an "LTCM moment." Spot gold fell to $4,063, WTI crude dropped below $81.
BOJ holds rates steady but hawkish signals exceed expectations as Ueda notes significant rise in inflation expectations; KOSPI surges nearly 18% in historic single-day rally; Hamas proposes conditional disarmament; WTI crude falls to $80 support level.
France July CPI beats across the board (2.1% vs 1.8% exp), harmonized CPI surges to 2.4%; BOJ Ueda warns inflation overshoot risk is greater than ever, next meeting to discuss carefully; WTI crude plunges 2% to $80.95, global refining runs at post-COVID seasonal lows.
Iran launches drone strikes on US airbase in Kuwait; Israel conducts massive explosions in southern Lebanon; WTI crude plunges 2.76% to near $80; Asia-Pacific stocks surge 4.3%, the biggest gain in four months, as AI fears ease.
BOJ holds rates steady with only one hawkish dissent, analysts see hawkish tilt; Middle East shipping risks persist with only 2 tankers transiting Hormuz, Saudi prepares military action; AI deleveraging accelerates as $45B star fund implodes, Wall Street steps in; WTI crude drops nearly 2% below $81.
Gold slips below $4,080, crude oil falls 2%; Tesla China officially integrates Doubao AI; Apple CEO Cook issues rare warning on "memory flood" supply chain bottleneck; KOSPI surges 15% in single-day record rally; Fed Chair Warsh honeymoon ends, long bond yields near 19-year highs.
China's July PMIs all fall below 50; A-shares surge counterintuitively with ChiNext +6%; Korea KOSPI skyrockets 15% in historic single-day rally; Fed holds steady as $5 trillion rate-hike bet unwinds; Middle East tensions escalate with Saudi Arabia preparing military action; BOJ decision awaited today.
Japan and South Korea jointly intervene in FX markets, USD/JPY plunges from 164 back below 160; Microsoft adds $450B in market cap in a single day, a historic record; Apple drops 7% after-hours on weak guidance; US June PCE turns negative MoM for the first time in two years; Fed September rate hike probability rises to 63.4%
Japan suspected of massive FX intervention as USD/JPY plunges 3% to 158.34; Philadelphia Semiconductor Index surges 9% with MU, AMD, INTC all up 14%+; US June PCE turns negative MoM for the first time since 2020, Q2 GDP slows to 1.5%.
Microsoft surges 15% for its biggest single-day gain since March 2020, storage sector erupts across the board; USD/JPY plunges over 250 pips on suspected BOJ intervention; US June PCE MoM turns negative for the first time since 2020, Warsh's Fed faces a credibility crisis; spot gold breaks above $4,100 as Middle East tensions persist.
Iran's Revolutionary Guard attacked a US base in Kuwait, sending gold briefly above $4,100; US June PCE unexpectedly turned negative for the first time since the pandemic; BOE held rates steady as hawkish votes rose to 3; Microsoft considers open-weight AI models.
BoE holds rate at 3.75% with 6-3 vote, hawks increase to 3, inflation seen above 2% until end-2027; Russia launches nationwide airstrikes on Ukraine, Poland and NATO activate defense; Israel-Gaza ceasefire talks show breakthrough signals
Iran's IRGC attacked a US military base in Jordan, sharply escalating Middle East tensions; BOE rate decision imminent, GBP touches 1.34; Polish PM says fate of war may be decided in 100 days, considers Patriot missiles for Ukraine; IBM declares quantum advantage era
VP Vance and Netanyahu in closed-door "confrontation" over Iran policy; Russian missiles strike Zelensky's hometown, Polish jets scramble; European heatwave forces France to shut down more nuclear reactors, straining energy supply.
Russia launches massive strikes on Ukraine, Poland confirms debris is Russian missile; Goldman Sachs reports Asia hedge funds suffer record monthly drawdown amid AI rout; WGC sharply revises down Q1 central bank gold purchases, cooling gold's "biggest engine."
Spot gold plunges below $4,040, down over $25 intraday, as WGC sharply revises down Q1 central bank gold purchases. Deutsche Bank warns Nasdaq has entered correction territory, with the Fed's vague forward guidance triggering the sell-off. Bank of England rate decision tonight, followed by US PCE and GDP data.
China's Politburo convened a meeting, decided to hold the 20th CPC 5th Plenary Session in October, emphasizing more forceful macro policies and accelerated fiscal spending; the World Gold Council expects gold investment demand to remain positive; BOE rate decision preview — expected to hold rates for the fifth consecutive meeting; geopolitical tensions persist after US retaliatory strikes on Iran, with Poland reporting an airspace violation incident.
Fed held rates at 3.5%-3.75% with 3 dissents for a hike — Warsh refused to call it a "hold," JPMorgan pulled forward rate hike forecast to Dec 2026; US retaliatory strikes against Iran escalate Middle East from proxy war to direct military confrontation; SC crude surges 6% on geopolitical panic premium.
Iran fired 5 missiles toward Jordan, explosions reported at US military base; Fed internal split with 3 members supporting rate hike, JPMorgan brings forward rate hike expectation to December; AI storage sector hit by retail sell-off, 9 consecutive days of net outflows.
US 30Y Treasury yield surged to 5.23%, highest since 2007, as Warsh's silence backfires and JPMorgan pulls forward rate hike expectations to December 2026. A-share tech carnage: STAR 50 and ChiNext both down 6%+. US military proposes 10-14 day bombing campaign against Iran as Middle East tensions escalate sharply.
Fed internal split escalates as three officials vote for rate hike, a 50-year rarity. JPMorgan pulls forward rate hike forecast to December. US airstrikes on Iran enter retaliation cycle, CENTCOM proposes 10-14 day bombing campaign. China's ChiNext and STAR 50 both drop over 4%, led by memory chips and AI hardware.
Fed holds rates but three voters back a hike, Warsh credibility questioned; US-Iran conflict escalates with proposed 10-14 day bombing campaign; gold touches 4100 then retreats, crude oil diverges lower
Fed hawkish hold with three dissenting votes for a hike; 30Y Treasury yield breaks 5.20%, highest since 2007; Microsoft beats estimates, up 8% after hours, Meta drops 10%; Trump vows to strike Iran hard as Middle East tensions escalate sharply; Russia launches massive ballistic missile attack on Ukraine.
WTI crude surged 7.39% intraday as EIA data revealed multi-decade inventory lows across Cushing, SPR, and commercial crude. US imposed new sanctions on Iran and conducted airstrikes in Iraq. Philadelphia Semiconductor Index plunged 4% ahead of the Fed decision.
WTI crude oil surges 6.5% in a single day — the largest gain of 2026 — as US-Iran tensions escalate, Russian refineries come under drone attack, and Red Sea shipping threats converge. A 7.1-magnitude earthquake hits Kumamoto, Japan, with over 148 aftershocks. Trump's approval rating plunges to a historic low of 34%.
Iran launched surprise ballistic missile attack on Jordan, Trump vows "we're gonna hit 'em hard," WTI crude surges 6.3% above $83; TSMC assessing Japan earthquake impact, JASM factory resumes construction; Korea KOSPI triggers circuit breaker for second straight day, finance ministry restricts leveraged ETF trading.
Iran firmly denies talks with the US and refuses to relinquish Strait of Hormuz control, WTI crude surges 4%; Israel discusses response to Hezbollah attack; Microsoft faces UK CMA probe over Copilot pricing; KOSPI triggers circuit breaker for second consecutive day as South Korea convenes emergency rescue meeting.
US airstrike on Iran border sends WTI crude surging nearly 5%; US announces $874M semiconductor R&D investment, GlobalFoundries gets $300M; South Korea KOSPI hits circuit breakers for second day, finance minister issues rare apology.
Iran demands vessels transiting Strait of Hormuz pass through Iranian waters, WTI crude surges 3.74% past $81; Russia to extend diesel export ban through August; Hermès crashes 10% triggering trading halt; Japan Kumamoto earthquake death toll rises to 14.
South Korea holds emergency meeting as KOSPI hits circuit breakers for second day, down 40% from June high; WTI crude surges 3.4% on Middle East tensions; gold holds above $4,000 ahead of Fed decision.
US-Iran military escalation sends oil prices surging 3.5% as Iran fires missiles at US forces in Jordan; Fed decision tonight with Warsh's debut, markets on edge for rate hike signals; AI selloff triggers margin calls at Wall Street banks
Korea's KOSPI plunges ~6% at close, AI leverage crisis spreads to hedge fund margin calls; WTI crude surges 3.4% above $80 as Middle East tensions escalate; Fed decision looms as Warsh's first rate call becomes the market's biggest wildcard.
Markets in extreme disagreement ahead of Fed decision — will Warsh hike or hold?; KOSPI crashes 8% as AI sell-off triggers margin calls on hedge funds; Middle East tensions escalate, WTI crude surges 3.5% above $81.
Strait of Hormuz crisis escalates as Iran rejects Oman's joint control proposal, Jordan shoots down 5 Iranian missiles; Asian markets crash with KOSPI down 8%, South Korean retail investors face $1.2B forced liquidation; WTI crude surges 3.5% above $81.
Middle East conflict escalates as Iran fires missiles at US base, WTI crude surges 4.2%; South Korea KOSPI hits circuit breaker for second straight day, SK Hynix profit soars 6x yet still disappoints, AI return panic spreads across Asia-Pacific; unprecedented market divide ahead of FOMC decision, Warsh becomes the wildcard, Wall Street rushes to hedge.
US-Saudi coalition airstrikes kill 8 PMF members in Iraq as Middle East crisis escalates; South Korea's KOSPI crashes 6%, triggering emergency government response; Fed decision day arrives with Wall Street in rare disarray over Warsh's rate call.
Iran launches ballistic missiles at US military base, WTI crude surges 4% past $81; Wall Street hedges aggressively against hawkish Fed surprise on eve of FOMC decision; global chip stocks crash, SK Hynix dumped despite 557% profit surge; Korea KOSPI plunges 3% to 4-month low.
Iran launched ballistic missiles at US military bases in the Middle East, sending WTI crude surging 3.6% above $81 overnight. FOMC decision day arrives with swap markets pricing ~33% probability of a 25bp hike; Citadel Securities warns of a "hawkish thunderbolt." SK Hynix Q2 revenue and operating profit both missed expectations, shares fell as much as 9% after hours.
Trump meets Zelensky at the White House; US consumer confidence misses at 90.8; Nasdaq 100 falls 10% from record high into correction, Dell plunges 13.5%
Nasdaq 100 enters correction territory, Philadelphia Semiconductor Index plunges 5%+ to 2-month low; SpaceX down 20% from IPO, $1.2T market cap erased; Zelensky arrives at White House to meet Trump; Japan Kumamoto earthquake records 84cm crustal deformation.
Trump asserts US controls Strait of Hormuz, Iran "basically agrees" to no nukes; Gold -1.12% to 4030, WTI Crude -1.39% to $80; US FHFA & S&P/CS home price data imminent.
Boeing Q2 beat with positive FCF; KOSPI crashed 10.84% as CXMT disrupts memory oligopoly; gold tumbled 1.29% as Middle East diplomacy accelerates.
Saudi Aramco shuts Jazan refinery after attack, 400k bbl/day capacity offline; Fitch warns AI market correction is becoming a major global credit risk; Japan-Korea semiconductor rout, KOSPI plunges 11%, SK Hynix down 30% intraday.
Japan and South Korea markets crash: KOSPI plunges 11%, SK Hynix down 30% intraday, Nikkei drops nearly 4%. Kremlin issues multiple hardline statements, framing Ukraine's actions as "attacking Iran." Gold flash-crashes over $54 intraday, breaking below $4,020. Singapore MAS warns AI investment uncertainty poses a global market threat. Meta and BlackRock make a contrarian $14B data center investment.
KOSPI crashes 11%, Nikkei drops ~4% as semiconductor stocks bleed ahead of AI earnings week. Japan's Kumamoto hit by M7.1 earthquake triggering tsunami advisory. WTI crude plunges 2.1% on Strait of Hormuz diplomatic breakthrough.
Japan's 7.1 magnitude Kumamoto earthquake triggers Asia market crash — Nikkei -4%, KOSPI -11%; AI credit alarm sounds as tech CDS surge and "Big Short" Steve Eisman cuts AI exposure; US-China trade tensions escalate with Beijing's response to Section 301 investigation; Hormuz Strait diplomacy advances with Oman's co-management proposal
Black Tuesday in Asia-Pacific: KOSPI crashes 11%, China's STAR 50 drops 7%+; WTI crude falls below $80; Oman proposes Hormuz Strait co-management; dollar strengthens ahead of Fed decision, pressuring global assets.
Korea KOSDAQ crashes 8.7% triggering Asia-Pacific tech sell-off; SK Hynix -14%, Samsung -13%; "Big Short" Eisman cuts AI exposure as Apple reclaims #1 market cap from Nvidia — AI trade unwinding; Israel bombs southern Lebanon, Iran holds talks with Saudi Arabia on Hormuz Strait
Nvidia involved in $50B Texas data center lease deal; CME gold futures 24/7 trading debut sees strong weekend volume; Nikkei -4%, KOSPI -8% as Asia tech rout deepens; Pictet Wealth says market overpricing Fed rate hike odds; Saudi Aramco mulls new Asia crude pricing to reflect Red Sea rerouting costs
Asian stocks enter correction territory as MSCI Asia Pacific plunges 3.5%, down over 10% from June highs; Citi issues commodity outlook with gold target at $4,500 and copper at $15,000; Fed meeting suspense escalates as Citadel Securities warns Warsh may deliver a surprise 25bp rate hike.
Asia-Pacific markets crash: Korea KOSPI plunges 10%, semiconductor sector collapses; Fed July meeting suspense escalates, Citadel Securities warns Warsh may hike rates; Houthis strike Saudi core oil facilities again but oil prices fall instead.
Japan's Nikkei plunges 4%+, Korea's KOSPI crashes 8% led by semiconductor rout; Citadel Securities warns Fed Chair Warsh may deliver a surprise 25bp rate hike this week; Trump demands "lowest rates in the world" as policy standoff with the Fed intensifies
Castle Securities warns Warsh may surprise with a 25bp hike this week, ending the Fed's "no-surprise era"; Trump pushes Warsh to cut rates to global lowest, clashing with hawkish expectations; Trump gives Iran final diplomatic window as Netanyahu heads to meet him today.
WTI crude plunged 7.4% below $83 as Black Sea supply resumed and risk assets sold off. Semiconductors routed — ASML and BESI halted after 8%+ drops. Russia expanded strikes on Ukraine ports; Iran warned Oman on Hormuz Strait.
WTI crude oil plunged 6.75% as the Black Sea's largest oil port resumed loading and the US paused military strikes on Iran, wiping out supply risk premiums overnight. NVIDIA's 5-year CDS posted its largest single-day surge on record, with its $750B circular financing model raising alarm on Wall Street. The S&P 500 Bank Index hit an all-time high, while US software stocks rallied broadly.
Oil crashes nearly 7% as Black Sea supply resumes; US durable goods orders miss expectations; Korea-NVIDIA reach $950B AI infrastructure deal
Crude oil plunges over 7% as US-Iran ceasefire unwinds geopolitical premium; Netanyahu and Zelenskyy both head to Washington amid unprecedented White House diplomatic intensity; Fed rate decision week, Warsh "policy black box" unnerves Wall Street.
WTI crude crashes 7.7% below $82 as Kazakhstan CPC terminal shutdown triggers chain reaction; gold breaks above $4,100 on safe-haven surge; US-China AI dispute escalates as China's Commerce Ministry fires back at sanctions threat; Fed decision week begins with Warsh rejecting forward guidance, heightening market anxiety.
US-Iran announce pause in mutual strikes, oil plunges 8.6% as Brent drops below $85. Gold rises 1% to $4,096 despite ceasefire, as Fed Warsh's "policy black box" fuels uncertainty. Kazakhstan output halved due to CPC terminal closure.
Crude extends collapse with WTI down over 8% to $82 and Brent breaking below $86 as markets disregard Iran's tough rhetoric and bet on ceasefire holding, IEA warns 25% global copper supply gap by 2035, aluminum supply risks also underpriced, LG Electronics pushes CDU products for NVIDIA certification
Iran says Hormuz Strait "still closed" contradicting earlier de-escalation signals, oil bounces from lows to $83.6, gold pulls back from 4116 high to 4091, Germany IFO smashes expectations at 86.6, VIX falls to 17.74, Japan PM Takaichi approval slide threatens yen and JGBs
WTI crude crashes 7.5% as Hormuz Strait tensions ease, gold breaks 4100 as safe-haven logic diverges, Fed decision week begins with unease spreading, NVIDIA mulls $250B guarantee for OpenAI, CXMT debuts with 470% surge on China's STAR Market
US-Iran ceasefire drives WTI crude down 6.4% below $84. Red Sea shipping plummets after Houthi attacks. Fed rate decision suspense escalates with hike probability nearing 40%.
Oil crashes 6% below $84 as Iran signals safe navigation channels in Strait of Hormuz, Middle East ceasefire hopes trigger risk premium unwind. SoftBank's $40B OpenAI bridge loan syndicate expands to 21 new lenders, as NVIDIA mulls $250B guarantee for Ohio data center project. Fed rate hike probability approaches 40% ahead of this week's FOMC meeting, rare dissenting votes in focus.
WTI crude plunges 5.7% to $84 as US-Iran Oman-mediated ceasefire talks clash with Houthi attacks on Saudi Arabia. Fed rate decision suspense escalates this week with hike probability nearing 40% as market shifts to "committee game" dynamics. NVIDIA in talks to provide $250B guarantee for OpenAI's $500B Ohio data center project.
US-Iran sudden ceasefire sends WTI crude plunging over 5%; ChangXin Technology debuts on STAR Market with 3 trillion yuan market cap; Ukraine airstrikes Russia's Rostov; Category 4 Hurricane Genevieve forms; Fed rate hike probability nears 40%
US-Iran sudden ceasefire sends WTI crude plunging 5.6%; but Houthi attacks on Saudi facilities and Ukrainian strikes on Iranian vessels in the Caspian keep the Middle East in turmoil. Gold breaks above 4100 to new highs, while Fed rate hike probability approaches 40% this week.
US-Iran sudden ceasefire sends WTI crude crashing 8% to $83; gold gaps higher above $4,090; Super Central Bank Week meets Tech Mega-cap Earnings Week.
Netanyahu delivers hardline remarks demanding an end to Iran's nuclear program, while Iran signals conditional ceasefire; WTI crude drops over 2% to $90.89, diverging from Middle East geopolitical risks; Bohai Sea live-fire drills to run from July 27 through August 13.
US and Iran intensively signal ceasefire; Iran says "as long as the US stops attacking, we will not fight." Oil tanker hits mine in Strait of Hormuz; shipping safety far from restored. Super central bank week ahead with Fed decision and core PCE in focus.
Oil tanker hits mine and explodes in Strait of Hormuz — the weekend's most dangerous escalation; Trump orders pause on Iran airstrikes, Iran halts retaliatory strikes, both sides respond to mediation proposals; Ukraine attacks Iranian cargo ship in Caspian Sea, expanding conflict geography.
Trump orders halt to airstrikes on Iran, ending 13 consecutive days of strikes; Iran simultaneously suspends retaliatory attacks, both sides respond to peace talk proposals. SHEIN passes HKEX listing hearing. Analysts warn oil approaching $100, global central bank rate hike alarms ringing again.
Trump orders suspension of airstrikes on Iran, ending 13 consecutive days of strikes; Iran simultaneously halts retaliatory attacks, both sides respond to peace talk proposals; WTI crude drops over 2% to $90.89, but analysts warn oil could approach $100 if conflict persists.
Houthi forces strike Saudi Aramco oil facilities in Jizan and Yanbu, sending Aramco shares down 1%; Iran's IRGC warns Israel of "severe consequences" if war resumes; oil nears $100, sounding alarm bells for global central banks.
Houthi forces strike Saudi Aramco oil facilities in Jizan and Yanbu, sending Aramco shares lower; Iran's IRGC warns Israel of "severe consequences" if war resumes; Japanese PM Takaichi's cabinet approval falls to record low of 53.7%.
Strait of Hormuz tensions escalate: IRGC intercepts 6 vessels in 24 hours, names US bases in Jordan, Kuwait, and Bahrain as primary retaliation targets, parliament advances Hormuz management bill. Iraq-Syria oil pipeline agreement signed for Mediterranean exports. South Korea's NPS turns net buyer on KOSPI for the first time this year, heavily weighted in SK Hynix.
US-Iran tensions show signs of de-escalation: US pauses 13-night strike campaign, Iran-Oman hold constructive talks on Strait of Hormuz. Iraq and Syria sign oil pipeline agreement. Saudi oil exports rose 19.5% in May.
US pauses 13-night military strikes against Iran; Iran-Oman hold productive technical talks on Strait of Hormuz; WTI crude drops 2% to $90.89; "Big Short" Michael Burry doubles down on shorts against Micron and NVIDIA
Typhoon "Hongxia" makes landfall in Guangdong, emergency response raised to Level II; "Big Short" Michael Burry doubles down on shorting Micron and Nvidia; Trump pauses plans to escalate military strikes on Iran
Trump urges GOP senators to end filibuster and pass the Save America Act, budget, and debt ceiling; Jensen Huang says China is destined to produce excellent AI, NVIDIA's open-weight model letter gains 50 signatories including Google; Kazakhstan's president publicly urges Putin to freeze the Ukraine conflict, Ukrainian drones strike Russian Tyumen refinery.
Ukrainian drone strike ignites fire at Russia's Tyumen oil refinery; Kazakhstan's president publicly urges Putin to freeze the Ukraine conflict; South Korean tech leaders from Samsung, Hyundai, and Naver visit NVIDIA HQ to meet Jensen Huang.
GCC fractures over Iran response as UAE and Saudi Arabia struggle to unify; Berlin car-ramming attack kills 1, injures 14 with suspect identified as Islamic extremist; WTI crude retreats from $93 to $90.89 as JPMorgan warns each month of Iran conflict could add $7-8 to oil.
WTI crude drops over 2% to $90.89 as geopolitical premium partially retreats; Iran says Natanz facility is "currently empty," Qatar pushes US-Iran MOU implementation; Houthis strike Saudi Arabia twice, drone intercepted near US consulate in Erbil; Qatar announces full resumption of maritime navigation from July 26; Brazil rejects visas for Trump administration envoys; US Midwest heat wave drives power demand surge.
Iran official claims Fordow facility is "currently empty" in response to Trump threats; Houthis strike Saudi Arabia twice in one day as Middle East tensions escalate. Russia extends gasoline export ban through end of 2026. US Midwest heatwave drives up power demand as WTI crude drops 2% to touch $88.
Qatar mediates Middle East tensions pushing Washington-Tehran MOU, Houthi-Saudi strikes escalate, oil drops 2%. Trump adopts "military strikes + negotiations" dual-track approach, Ukraine strikes Iranian supply ships in the Caspian Sea.
Iran published satellite images showing a US military ammo depot completely destroyed at a Jordanian airbase; Trump says he does not rule out escalating strikes. Ukraine struck a Russian oil platform in the Caspian Sea and ships transporting Iranian military supplies; Russia launched massive airstrikes on Ukraine. Bahrain and Kuwait were reportedly involved in secret airstrikes on Iran; multiple Middle Eastern nations now entangled in the conflict.
Iran releases satellite imagery showing a completely destroyed US ammunition depot at a Jordanian airbase; Trump says he won't rule out escalating military strikes while threatening massive tariffs on the EU; Ukraine opens a new Caspian Sea front, striking Russian oil platforms and vessels carrying Iranian military supplies; Houthis announce a "blockade for blockade" operation against Saudi Arabia.
Bahrain and Kuwait allegedly conducted secret airstrikes on Iranian targets; Houthis announce maritime blockade against Saudi Arabia; Russia launches massive airstrike on Ukraine with 2 missiles and ~160 drones, killing 6; OpenAI ChatGPT and Codex experience widespread outage.
Houthis declare "blockade for blockade" maritime operation against Saudi Arabia; missiles targeting Yanbu refinery intercepted. WTI rebounds from intraday low of 88.11 to 90.89. Gulf of Oman tanker-military incident reported. Russian Tyumen refinery hit by drone strike.
Yemeni missiles targeting Saudi Arabia's Yanbu refinery intercepted; WTI crude swings wildly before retreating. Typhoon Hongxia forces full shutdown in Dongguan. Israel conducts simultaneous operations in southern Lebanon and the West Bank.
US military pauses Iran strikes for first time in 14 days, WTI crude drops 2% to $90.89; Samsung-Broadcom sign $200B AI chip MOU; SK Hynix-Nvidia establish long-term AI memory partnership; Typhoon Hongxia triggers "four-stop" lockdown in Dongguan.
US pauses Iran strikes after 13 consecutive nights, WTI crude drops 2% to $90.89. Saudi confirms coalition strikes on Houthi targets in Yemen. Samsung signs $200B AI chip MOU with Broadcom, SK Group deepens AI partnerships with NVIDIA and Anthropic.
South Korea unveils $950B chip mega-deal with Samsung, SK Hynix, and NVIDIA; Houthi forces strike southern Saudi Arabia as Middle East tensions escalate; WTI crude plunges 2% to $88 handle as market digests geopolitical premium; gold retreats to 4053 after touching 4082.
Yemen's Houthi forces launched missile and drone strikes on Saudi Arabia's Jizan and Yanbu, targeting Aramco oil facilities. US Navy opened fire on a merchant vessel in the Gulf of Oman. WTI crude saw wild intraday swings, surging to 93 before plunging to 88. Trump sent mixed signals, claiming Iran's drones are "largely gone." Hurricane Genevieve forecast to strengthen into a major hurricane.
Iran's military formally announces proportional retaliation against US forces, escalating the US-Iran standoff; Nvidia and SK Group strike a $500 billion AI cooperation deal; explosions reported in Saudi Arabia's Jazan region; Typhoon Hongxia approaches Guangdong coast.
US-Iran confrontation intensifies as Kuwait air defense intercepts hostile targets from Iran; Oman delegation heads to Tehran for Hormuz Strait talks. Netanyahu to visit Washington next week for Trump meeting. WTI crude drops 2.9% to $90, with JPMorgan warning each month of conflict adds $7-8 to oil prices.
US July PMI data beat across the board, composite PMI at 53.6 vs 51.8 expected; WTI crude plunged 2.63% to $90.35 as market digests Iran conflict premium; US stocks open mixed with extreme dispersion in earnings-season movers.
Iran's IRGC claims attack on US military base in Azraq, Jordan, destroying a Patriot system; Jordan intercepts 7 Iranian missiles and 6 drones; Saudi US logistics depot hit by drone strike; WTI crude plunges 3.3% to $89.68.
Iran releases satellite images of ballistic missile strike on US base in Kuwait, marking severe Middle East escalation. WTI crude plunges over 3% to $89.93, with risk-off logic and oil price moving in complete divergence. Lebanese president calls Trump meeting productive, Israel-Lebanon ceasefire framework progressing.
Russia's central bank slashes 2026 GDP forecast to 0-1% and oil price outlook to $60/bbl; WTI crude plunges 2.63% below $91; Israel suspends leave and reinforces West Bank; Bank of America raises dividend by 14%.
Oil crashes 3.6% to $89, ECB flags upside inflation risks; BOJ expected to hold rates steady next week; Trump ties US-Saudi nuclear deal to Israel-Saudi normalization; Russia-Ukraine escalates with port strikes, Zelensky extends martial law for 90 days
WTI crude plunges 3% below $90 as US SPR nears depletion and global energy buffers run thin; UK July PMI beats across the board with services at 51.8 vs 49.4 expected; Russian airstrikes hit three Ukrainian ports, EU authorizes Indian Ocean searches of Russian oil tankers; Intel earnings smash expectations, Q3 guidance raised again.
Trump imposes new tariffs on 60 trading partners over "forced labor", allies push back; Brent crude breaks $100 as Middle East tensions escalate; ECB hawkish tone sets September as key decision window; South China Sea tensions rise with Philippine vessels gathering near Huangyan Island.
Trump slaps new "forced labor" tariffs on 60 trade partners; EU escapes with bilateral deal protection. KOSPI crashes 5.73%, Nikkei drops 2.73% as Asian markets bleed. Middle East tensions escalate with Erbil explosions and Brent crude above $100. German Chancellor Merz to address the nation.
Morgan Stanley expects Fed to hold rates steady next week and possibly for the rest of the year; ECB's Knot says September rate hike depends on data, no conclusive evidence of second-round inflation effects yet; EU responds to US Section 301 final tariff measures, expects US to continue honoring joint statement commitments
US Navy's 5th Fleet in Bahrain struck by airstrikes as Middle East conflict spreads south; chip sell-off sweeps Asia with KOSPI plunging 6.1%; Brent crude breaks $100, fueling rate hike expectations; yen crashes toward 165.
Iran's Isfahan province struck by US attack, Middle East tensions escalate sharply; EU officials call new US tariffs "without real basis"; Houthis open "second front" at Bab el-Mandeb Strait, threatening Saudi crude exports.
South Korea's KOSPI plunged 5% intraday, with Samsung and SK Hynix both down over 6%, triggering circuit breakers on KOSDAQ; US "Magnificent Seven" lost nearly $800 billion in a single day, the worst drop in over a year; Iran formally rejected Trump's ceasefire proposal as sirens sounded in Amman, Jordan; Brent crude breached $100/bbl, igniting Fed rate hike expectations and pushing US Treasury yields to 2026 highs.
Iran rejected Trump's ceasefire proposal; two tankers suspected of leaking oil near the Strait of Hormuz, as Middle East tensions escalate from proxy conflict to direct confrontation. Brent crude breaks above $100/bbl, US Treasury yields hit 2026 highs, reigniting global inflation expectations. US Treasury calls yen severely undervalued; USD/JPY approaches 165, intervention risk surges.
Iran rejected Trump's ceasefire proposal; US strikes Iran for 13th consecutive night; Trump threatens "larger-scale attack." Trump imposes 10%-12.5% tariffs on ~60 economies. ECB considers a September rate hike just after pausing; Brent crude breaks $100. US equities fell sharply overnight, S&P 500 down 1.21%.
Brent crude breaks through $100, WTI surges 6.2% to above $92; Iran reportedly airlifts IRGC commanders and missile equipment to Houthis in Yemen; US House passes Iran War Powers resolution again; ECB officials signal readiness for September rate hike just after pausing today; Google's capex guidance raised to $205 billion triggers sell-off, Nasdaq drops over 2%.
Iran IRGC strikes US military base in Kuwait as Middle East conflict extends to Persian Gulf soil; WTI crude surges 6% with Brent breaking $100; spot gold plunges 2% on inflation fears driving rate-hike expectations; Tesla drops 10%, American Airlines falls 9%; ECB holds rates steady, keeps September hike on the table
US initial jobless claims plunged to 187K, far below the 210K consensus — labor market resilience crushes expectations. WTI crude surged to $91.58, extending intraday gains to 5.4%. ECB held rates steady but markets price in a September hike as spot gold tumbled 1.6% to $4,062.
Iraq-Kuwait border crossing hit by Iranian missile, WTI crude surges 4.8% past $91; US 10-year yield hits 4.689%, highest since January 2025, pressuring gold down over 1%; JPMorgan warns market is replaying 1990-style bubble divergence.
WTI crude oil surges 4.3% past $90 as Hormuz and Bab el-Mandeb strains intensify; Eli Lilly's Retatrutide hits all Phase III endpoints; Morgan Stanley slashes IBM target to $190, a 35% cut.
WTI crude surged 4.3% above $90 as dual chokepoint pressures at Hormuz and Bab el-Mandeb raise inflation storm fears. EU unveils largest sanctions package in 4 years with 218 listings targeting energy, banking, and shadow fleet. Gold defies geopolitical risks, falling nearly 1% below $4,100 in rare divergence from oil.
Middle East tensions escalate as Iran's military enhances combat readiness and warns of retaliation; Kazakhstan's CPC terminal hit by drone strikes, oil output plunges 21%; WTI crude surges 3.5% to near $90; European natural gas breaks above $750 for the first time since March; spot gold falls over $50 from intraday high of 4140, losing the 4100 level.
Oil prices surge over 3% as 40% of Russian refining capacity goes offline, WTI breaks above $89/bbl; German 10Y yield hits 3.20%, highest since 2011; ECB rate decision tonight, market prices 84% probability of September hike.
WTI crude surges 2.75% above $89 as Russian refining capacity collapses 40%, forcing reverse imports from India. Tesla beats on Q2 revenue but misses on earnings; Robotaxi logs 380K miles. ECB rate decision tonight — hawkish pause expected with September hike on the table.
Iran's IRGC claims attack on US base in Jordan, destroying THAAD and Patriot radar systems; US B-1 bombers join operations against Iran as conflict escalates; Russian FM Lavrov discusses Ukraine and diplomatic normalization with US Secretary Rubio.
Iran's Revolutionary Guard struck multiple US military bases in Kuwait, escalating Middle East tensions; Reuters poll shows 86% of economists expect BOJ to hike to 1.25% by Q4; White House teases new tariffs as global 10% temporary tariff nears expiration.
US deploys B-1 bombers to Middle East as Iran conflict escalates; WTI crude surges 2.2% toward $89. Tesla Q2 profit drops and free cash flow turns negative; Musk hints at merger possibilities. Benchmark raises AMD price target from $485 to $685.
US strikes Iranian military targets for 12th consecutive night, Tesla Q2 profit declines with negative free cash flow, WTI crude rebounds above $88 on geopolitical premium, Paulson says gold bull market still in early stages.
US-Iran conflict escalates rapidly as Iran's precision drone strike hits CIA facility, US investigates Russian involvement; WTI crude surges nearly 2% past $88, A-share oil services sector rallies; Japan 2Y bond yield hits 1.5%, highest in 30 years.
US-Iran conflict escalates as Trump threatens to destroy Iranian bridges and power plants; Houthis strike Saudi tankers; US Q2 earnings season opens mixed with Google beating but capex concerns and Tesla missing on profit; 30Y Treasury yield holds above 5% as $40T debt pressure returns to spotlight.
Spot gold breaks above $4,150, up 1.8% intraday to new phase highs; WTI crude surges 2.6% toward $89 as U.S. Midwest crude inventories hit lowest since 2014; U.S. and Iran trade infrastructure threats, sending geopolitical risk sharply higher; U.S. 30-year Treasury yield holds above 5% as $40 trillion debt pressure rattles markets.
SMCI surges 15% at open on $60B Q4 orders; Nasdaq opens down 0.54% with AI chip and storage stocks broadly lower, SK Hynix drops over 5%; spot gold breaks above $4,155, WTI crude climbs to $87.40, silver hits $60/oz.
WTI crude surges 3.1% toward $88 as US-Iran conflict escalates with 53 dead, 592 injured; AMD signs multi-billion-dollar AI chip deal with Anthropic, trimming pre-market losses; Saudi oil tankers turn back in Red Sea, Houthi officials admit months-long blockade prep.
US missile strike hits Iran's Larak Island, sharply escalating tensions at the Strait of Hormuz; WTI crude surges 3.27% above $87, spot gold breaks $4,100; Saudi Dammam and Bahrain issue alerts, Gulf states on high alert.
Crude oil surges 3.2% above $87 as Red Sea tankers turn back and Iran tensions escalate; AT&T rises 5% pre-market on Q2 revenue of $31.6B, slightly missing estimates; Russia's official gold reserves decline for six consecutive months; Ukraine's new commander demands intensified counteroffensive.
Secretary of State Rubio delivers extensive remarks on Iran as explosions reported in southern Iran; WTI crude surges 4.5% past $88; Saudi tankers turn around in Red Sea amid Houthi blockade threats; White House set to announce US-Saudi nuclear deal.
Red Sea crisis escalates sharply as Saudi tankers turn back, WTI crude surges 3.55% toward $88. BOJ considers accelerating rate hikes, yen intervention expectations heat up. Weekly AI token consumption breaks 60 trillion, a new record.
Iran launched ballistic missiles at Aqaba, Jordan, marking a significant geographic expansion of the Middle East conflict. Japan's crude import price hit a record high for the third consecutive month as the Hormuz blockade ripples through Asia. The BOJ is open to faster rate hikes amid yen weakness and record-breaking JGB yields.
Houthi forces declare blockade of Saudi ports, WTI crude surges over 2%, China's SC crude futures jump 5%. Trump poised to impose new tariffs on dozens of countries this week, Hong Kong tech stocks plunge. UK June inflation slows more than expected, sterling dips.
CMA CGM announces emergency fuel surcharge from Aug 1 as Hormuz Strait tensions escalate; UK June CPI imminent; gold breaks above $4,130 as Wells Fargo sees risk-reward shifting.
Strait of Hormuz traffic collapses to just 3 cargo ships in a single day; Pentagon says US-Iran conflict has cost $37.5B and does not rule out ground invasion. Spot gold breaks above $4,126 (+1.18%), Wells Fargo says risk/reward has reversed. Russia tightens ceasefire terms, no longer considering returning occupied territory. Yen breaks 163, hitting 40-year low.
NVIDIA Vera CPU chips delivered to OpenAI, officially entering the server CPU market. Trump approves 30-year Saudi nuclear deal, escalating Middle East geopolitical risks as precious metals surge across the board. USDJPY breaks 163 to hit a 40-year low, testing Japan's intervention resolve.
Pentagon reveals US-Iran conflict has cost $37.5B and does not rule out ground invasion; SC crude surges over 5%; gold breaks above $4,130 as Wells Fargo says risk/reward has reversed; Trump sets generic drug tariff ladder to 200%.
Trump sets escalating pharma tariffs: 100% by 2028, doubling to 200% a year later. Gold breaks above 4100, up over 1%. Yen breaches 163 to hit a 40-year low. Rubio warns global economy under threat as US-Iran conflict intensifies.
US strikes Iran for 11th consecutive night, Tehran activates air defenses with explosions reported across multiple Iranian cities; Trump threatens 50% new tariffs on Canada, outlines generics drug tariff roadmap with steep future hikes; API crude inventory unexpectedly surges by 2.6M barrels, Tropical Storm Bertha approaches northern Gulf of Mexico.
Iran's Revolutionary Guard strikes US radar at Kuwait's Jaber base; Hormuz Strait shipping plunges to 3-week low; gold surges 1.5% past $4,069, WTI crude spikes 2.7% above $85; USTR hints at new tariffs "very soon."
Crude oil surges 3% above $85 as dual supply disruptions from the Black Sea and Red Sea drive prices higher; US Treasury yields hit two-month highs with the 30-year reaching its highest since May 21; all three major US indices open higher with the Philadelphia Semiconductor Index up 4.8%, led by storage and optical communication stocks.
Houthi forces threaten to blockade Saudi oil shipments via the Red Sea; two Saudi tankers turn around mid-route. Kazakhstan halts Black Sea crude exports after tanker attacks. WTI crude surges 2.16% to $84.70, gold breaks above $4,050.
Spot gold breaks above $4,050, up 1.2%. WTI crude surges 1.7% to near $84.50. Kazakhstan suspends Black Sea oil shipments, another tanker attacked in Strait of Hormuz. Iran proposes 10-day ceasefire, US insists on freedom of navigation terms first.
Houthis expand threat scope to Saudi ports, Middle East energy corridor risks escalate across the board, gold breaks 4060 briefly touching 4084. GM raises full-year guidance but shares swing violently, turning down 4%. BofA adds Micron to US 1 List.
Spot gold breaks above $4,066 to a new all-time high as Middle East energy chokepoints face paralysis risk. US-Iran military campaign enters Day 10 with war costs spiraling out of control ahead of Congressional hearings. HSBC strategist warns US equities could see a 5%-10% correction by autumn.
TSMC plans up to 10% wafer price hikes starting 2027; Bahrain intercepts Iranian attack as Middle East conflict spills into Gulf states; gold surges past $4,060 amid intensifying safe-haven demand.
Spot gold breaks above $4,070 to new all-time high, silver surges 4.6% past $59. Iran reportedly initiated the 10-day ceasefire proposal, Jordan shot down 5 Iranian drones, zero vessels transited the Strait of Hormuz in 24 hours. Goldman warns Brent could hit $120 if the strait remains blocked.
Another oil tanker attacked in the Strait of Hormuz as Houthis threaten Red Sea blockade; spot gold breaks above $4,080 with silver surging 4%; China A-shares stage a massive rebound as the STAR 50 index posts its largest single-day gain of the year at +10%.
Iran's Revolutionary Guard launched simultaneous missile strikes on US targets in Bahrain and Jordan, destroying an F-15 and radar systems; spot gold surged past $4,060, silver jumped 3%; Goldman Sachs warns Brent could exceed $120 if Hormuz Strait remains blocked.
Gold breaks above $4,050 to a new all-time high as the Middle East conflict reaches a crossroads — Trump weighs full-scale war versus a 10-day ceasefire. Goldman warns Brent could exceed $120 in Q4 if Hormuz disruptions persist. Wall Street goes full risk-off: hedge funds dump tech stocks at record pace, and $8 trillion in money market funds slash duration.
Spot gold breaks above $4,050, up 1% intraday; China's ChiNext surges 5.20% led by semiconductor boom; US-Iran situation at crossroads as Trump weighs full-scale war vs. 10-day ceasefire proposal.
A-share tech sector stages V-shaped reversal, STAR 50 surges over 3%, CSI 500 futures jump 4%. Strait of Hormuz traffic drops further to 4 vessels, US gasoline hits $4 again. Trump slaps 50% tariff on Canada, Wall Street hedge funds dump tech stocks at record pace.
Iran's Revolutionary Guard attacked U.S. military facilities at Al Jaber Base in Kuwait, escalating Middle East tensions. The U.S. State Department issued a global security alert. Hedge funds dumped tech stocks at a record pace as Jamie Dimon warned markets are underestimating risks. Trump imposed a 50% tariff on Canadian goods. Xiaomi raised its 2026 phone shipment target to 110 million units.
Trump slaps 50% tariff on Canadian goods, Canada PM responds; Houthis declare maritime blockade on Saudi Arabia, Hormuz Strait war risk insurance hits record 10% of ship value; US-Iran conflict escalates as US bombs for 10th straight day, Qatar proposes 10-day ceasefire.
US airstrike on Shiraz marks a substantive escalation in US-Iran tensions; Houthis declare naval blockade of Saudi Arabia, combined with Kazakhstan's CPC oil terminal forced shutdown, tightening global crude supply on multiple fronts; US equity short positions hit record highs as market divergence intensifies.
Iran launches three-phase strikes on US military targets in Bahrain and Kuwait; Kuwait military intercepts missiles and drones; Russia accuses Ukraine of attacking CPC tankers to destabilize global oil markets; US June Leading Indicators -0.2% misses expectations; Goldman Sachs reports hedge funds selling US tech stocks at record pace
Canada June CPI came in below expectations across the board, m/m -0.4% marks largest drop since Dec 2024; Kazakhstan CPC oil transit hub forced to shut down after drone strikes, double squeeze on energy and food prices; semiconductor equipment giants forecast H1 net profit growth up to 11x
WTI crude plunges nearly 2% below $81, Brent loses $85 handle, Kazakh oil tanker hit by drone strike; Iran's President declares country in a "full-scale war"; US stock futures rally pre-market, Nasdaq futures up over 1%; Goldman Sachs warns of broadening US inflation.
UK PM Starmer resigns, Burnham to take office Monday as Morgan Stanley sees declining political risk premium; US-Iran third-party mediation emerges while surging diesel prices become new US inflation flashpoint; GE Aerospace partners with NASA and Boeing on world's first high-altitude hybrid-electric flight
WTI crude fell over 1% to $81.50 as US-Iran diplomatic mediation signals emerge. Boeing secures 100 737 MAX order from SMBC Aviation Capital, the largest lessor order in history. Strait of Hormuz near-paralysis as Brent briefly tops $90, with refined product shortage risks intensifying.
Iran receives US-Iran negotiation mediator proposals; US-Iran conflict enters 9th night with Jordan as new flashpoint and US casualties escalating tensions; Strait of Hormuz nearly paralyzed, Brent crude breaks $90; Russia-Ukraine conflict sharply escalates with deadly strikes from both sides.
CPC pipeline suspends oil loadings again after another tanker attack; Strait of Hormuz tensions escalate, Brent crude briefly tops $90 before pulling back; US-China high-level communication continues, Wang Yi and Rubio may meet in Manila.
Brent crude breaks $90 as Strait of Hormuz shipping grinds to a halt; A-shares plunge with CSI 500 futures down 5% and STAR 50 down 4%; KOSPI closes 4.46% lower; US-Iran strikes enter 9th night with Jordan emerging as new flashpoint.
Russia-Ukraine conflict escalates sharply with deadly airstrikes from both sides, raising oil supply risks; US-Iran exchanges enter ninth night with Jordan becoming a new flashpoint; China A-shares tumble with CSI 1000 futures down nearly 5% intraday.
Bahrain and Kuwait intercept Iranian attacks as Middle East conflict spills into Gulf states; Korea KOSPI crashes 5% on AI leverage unwinding; WTI crude drops over 2% despite geopolitical tensions; HK market rebounds above 25,000; A-share buyback wave intensifies.
US-Iran conflict escalates further as Iran strikes US radar in Kuwait, oil surges over 2%; Fed hawks dominate power center, bond market prices in September rate hike; A-shares rally but large-cap/small-cap divergence deepens.
US-Iran conflict enters 9th night with no sign of de-escalation, 17 US troops dead, Brent back at $90, gold holds $4,000; AI chip stocks plunged 10% last week, Wall Street builds "WarshGPT" to decode hawkish Fed signals; Citi downgrades Korea to neutral.
Strait of Hormuz traffic drops to zero as crude oil futures surge; IRGC strikes US military aircraft in Jordan with ballistic missiles, sharply escalating Middle East tensions; FTSE China A50 surges 3%+, Hang Seng Tech Index jumps 3%+.
US-Iran conflict enters ninth night, Brent crude breaks above $90; explosions reported across multiple Iranian cities, US military casualties mount; TSMC CFO says AI chip demand is "strong and will persist for years."
US military strikes Iran's Abadan, IAEA investigates attack on Darkhovin nuclear plant, US Energy Secretary says military operations will continue; Trump claims UK will fully develop North Sea oil, WTI crude surges 3.6% to $82.33; Japan's Kochi cabinet approval rating crashes to 41%, first time below 50%, Nikkei 225 plunges 4.45%.
Middle East crisis escalates rapidly: Iran fires missiles toward Jordan, 3 of 4 intercepted; Israel threatens retaliation; Kuwait facilities attacked for third time in three days; Hormuz Strait oil flow drops below 7M bpd; gold breaks $4,000, crude surges 3.6%.
Iran launched multiple missiles at Aqaba, Jordan — intercepted by US and Jordanian forces; IAEA investigates reported attack on Iran's Darhovin nuclear facility; IRGC declares Strait of Hormuz remains closed; Kuwait power infrastructure hit by Iranian strikes again.
A qualitative escalation in US-Iran conflict — US strikes Iran's Darkhovin nuclear plant under construction; Trump says he "couldn't care less" about Iran's response. Kuwaiti power and desalination plant hit for second time in two days. WTI crude surges 3.6% past $82, gold breaks above $4,016. Jordan publicly denies US embassy evacuation statement, exposing open rift within the alliance.
US-Jordan diplomatic confusion over Aqaba evacuation; Bahrain intercepts Iranian missiles and drones; Iran condemns US airstrike on nuclear plant; gold breaks $4,000, oil surges 3.6%
Iran's Revolutionary Guard intercepted four vessels in the Strait of Hormuz — two involved in accidents, two abandoned navigation; explosions reported in Bahrain with alarms sounding; US Embassy in Jordan confirms evacuation of Aqaba International Airport and seaport due to specific, credible threats.
Bahrain air defense intercepts Iranian attacks as Middle East conflict spills into Gulf states; spot gold breaks above $4,000, WTI crude surges 3.6%; SK Group chairman predicts semiconductor demand to grow at least 50% next year.
Kuwait intercepts direct Iranian missile and drone attacks for the first time; CPC pipeline terminal struck, halting oil loading; WTI crude surges 3.6%; Iran claims downing of US MQ-9 drone; Russia-Ukraine conflict escalates with largest-ever ballistic missile barrage on Kyiv.
Middle East crisis escalates dramatically: Kuwait intercepts Iranian missiles and drones, Iran's supreme leader reportedly not in the country, US rejects Israel's request for direct involvement. Russia-Ukraine war reaches new intensity: Russia launches largest ballistic missile barrage since war began, massive combined strikes on Kyiv kill 1, injure 8. WTI crude surges 3.6% past $82, gold reclaims $4,000.
US completes 8th consecutive night of strikes on Iran, Israel's request to join the war denied, oil surges 3.6% past $82
US completes 8th consecutive night of strikes on Iran; Iran claims drone attack on two US bases in Kuwait; crude oil surges 3.6% on Friday; US State Department issues global security alert
Iran claims strikes on two US military bases in Kuwait; US State Department issues global security alert; Pentagon rushes F-16/F-35 jets to Middle East. Gold breaks above $4,000, WTI crude surges 3.6%.
US strikes Iran for 8th consecutive night, Iran retaliates against Kuwaiti oil facilities causing casualties; Russia-Ukraine conflict escalates with drone attacks on Moscow leaving 30+ casualties; gold surges past $4,000 (+1%), WTI crude spikes 3.6% above $82.
Iran strikes US military base in Jordan, killing 2 US troops and wounding dozens. Iran suspends Islamabad MOU commitments; Trump says he "doesn't care." EU and Gulf states demand unconditional, free passage through the Strait of Hormuz. Gold breaks above $4,016, WTI crude surges 3.6% to $82.33.
Iranian security official warns Dubai and Abu Dhabi airports should prepare for evacuation as the US-Iran conflict spreads to civilian infrastructure. WTI crude surges 3.6% past $82, gold reclaims $4,000. Iraq reroutes oil exports through Syria to bypass the Strait of Hormuz.
Qatar and GCC strongly condemn Iran's attacks on Kuwait/Bahrain/Jordan infrastructure; Iraq reroutes oil exports through Syria bypassing Strait of Hormuz; crude oil surges 3.6% above $82, gold reclaims $4,000
Gold breaks above $4,000 for the first time in history. Iran officially suspends the Iran-US MOU. Middle East tensions escalate sharply. WTI crude surges 3.6% to $82.33. Bahrain issues nationwide alarm.
Iran strikes Kuwaiti oil facilities causing major casualties; WTI crude surges 3.6% to $82.33; spot gold breaks above $4,000 to $4,016.55; Germany raises security alert to "high threat level"; India's largest nuclear plant suffers massive data breach
Iran claims strikes on US military targets in Kuwait, Bahrain, and Jordan, with two missiles penetrating Patriot defenses; WTI crude surges 3.6% past $82; gold reclaims $4,000 level; China A-share ETFs see net inflows exceeding RMB ￥320 billion in July.
US-Iran conflict escalates dramatically as IRGC strikes US base in Jordan; both sides expand attacks to civilian infrastructure. WTI crude surges 3.6% past $82, gold holds above $4,000. US deploys dozens of refueling tankers to Israeli air bases — a potential precursor to large-scale strikes on Iran. Ukraine strikes Russian logistics facilities in Moscow and Tambov regions.
US-Iran conflict escalates to civilian infrastructure, Strait of Hormuz sees zero tanker traffic for 24 hours; spot gold breaks $4,000, WTI crude surges 3.6% intraday; Bahrain intercepts multiple Iranian airstrikes, Kuwait power facilities hit for second consecutive day.
IRGC claims strike on US fighter facilities at Sheikh Isa Air Base in Bahrain. Kuwait's power and desalination plant hit for the second consecutive day. Strait of Hormuz remains without tanker traffic. Spot gold breaks $4,000, WTI crude surges 3.6% intraday.
Iran's IRGC announced direct strikes on US fighter jet facilities at Sheikh Isa Air Base. Kuwait and Bahrain activated air defense alerts to intercept Iranian missiles and drones. Middle East conflict escalated sharply. Gold broke through $4,000, WTI crude surged 3.6% to above $82.
Iran launches massive retaliatory strikes on US military facilities across Gulf states — Kuwait, Bahrain, Saudi Arabia, and Jordan all drawn in. WTI crude surges 3.6%, gold breaks above $4,000.
Iran launches first direct strike on US base in Saudi Arabia; multiple Gulf states hit by missiles and drones; gold surges past $4,000, WTI crude spikes 3.6%; Russian logistics center drone strike kills 7, injures 24; Alibaba unveils enterprise AI platform Meoo Team at WAIC.
US-Iran conflict enters seventh consecutive night, Kuwait and Bahrain struck again, gold breaks above $4,000; WTI crude surges 3.6% past $82 as Middle East all-out war risk escalates sharply.
US ends 7th consecutive night of strikes on Iran; Hormuz Strait traffic plunges to 3-week low of just 8 ships; gold breaks $4,000, WTI crude surges 3.6%.
US-Iran conflict escalates sharply as the Strait of Hormuz is declared "completely closed" with two oil tankers exploding and catching fire. Iran shoots down a US MQ-9 drone and attacks US facilities in Bahrain. WTI crude surges 4.48% to $82.49, spot gold breaks above $4,000. Apple overtakes Nvidia to reclaim the title of world's most valuable company amid a continued semiconductor sell-off.
Gold breaks above $4,000 to new all-time high; Strait of Hormuz transits plummet to just 8 vessels; US-Iran conflict escalates to civilian infrastructure; Fed's Hammack says core PCE nowcast at 3.3%, inflation remains top concern; semiconductors rebound but S&P 500 still in the red.
Nasdaq plunged nearly 3% at open, Philadelphia Semiconductor Index dropped over 5%; Apple overtook Nvidia as world's most valuable company; US-Iran conflict escalates, Iran threatens total oil export blockade, WTI crude surges 2.8% to $81.69.
US June import prices surprised to the upside, housing starts surged 19% MoM far exceeding expectations; former Iranian FM signaled de-escalation intent; Trump net approval drops to historic low with over 60% of voters pessimistic on the economy.
Iran attacks US military command post in Syria, claiming heavy US casualties — Middle East tensions escalate sharply; Andy Burnham elected Labour leader, set to become UK Prime Minister; Spot gold nears $4,000, WTI crude above $80, Brent breaks $85.
Middle East conflict spreads to Iraq: drone strikes hit Iranian Kurdish opposition camps; Gulf states rally against Iran as Bahrain joins UAE condemnation; WTI holds above $80, gold consolidates near $4,000; EU proposes doubling electrification rate by 2040 and carbon pricing for aviation.
Middle East tensions escalate sharply: Iran attacks US military command in Syria, chemical tanker hijacked off Yemen, UAE condemns Iranian attacks on Gulf states; WTI crude breaks above $80, gold approaches $4,000; Nikkei 225 plunges 6% amid panicked tech sell-off in Asia.
Iran attacked US command post in Syria, US warships opened fire on tankers in the Persian Gulf, Hormuz blockade risk escalates. Global tech stocks in panic sell-off, Nikkei 225 crashed 6%, Nasdaq futures down over 2%. HSBC upgrades Apple to Buy with target doubled to $366.
Middle East tensions escalate sharply — Iran attacks US military command in Syria, Bahrain intercepts Iranian aerial strikes; Nikkei 225 crashes 6% amid Asian tech panic selling; Hoisington turns bearish on US Treasuries for first time in 30 years
A-shares see intraday crash with Shanghai Composite dipping below 3800, ChiNext down over 8% before rebounding; Nikkei 225 plunges 6% as panic selling sweeps Asian tech; Iran strikes US military HQ in Syria, Middle East tensions escalate sharply, gold briefly tops $4000; Hoisington turns bearish on US Treasuries for the first time in 30 years.
Asian markets hit by panic selling: Nikkei 225 plunges 6%, Taiwan Weighted drops 6.47%, China's ChiNext crashes over 8%. Iran's Revolutionary Guard declares US naval surveillance radar in Oman a target, escalating US-Iran tensions further. Hoisington Investment Management turns bearish on US Treasuries for the first time in 30 years.
Nikkei 225 crashes 6% below 63,000, MSCI Asia Pacific ex-Japan drops over 2% in a Black Friday for Asian equities; Iran's IRGC claims a surprise attack on a US special operations command center in Syria causing heavy casualties, sharply escalating Middle East tensions; China's NDRC unveils an AI cooperation action plan at the World AI Conference.
US airstrikes hit Iranian bridges, killing 7; Iran threatens retaliation as Hormuz crisis escalates. Spot gold breaches $4,000. A-shares plunge with ChiNext down over 4.7%. SpaceX Starship aborts at T-1 second.
Middle East crisis escalates sharply: Iran strikes US forces in Kuwait, Qatar and Bahrain sound air defense sirens, US continues bombing Iranian bridges. China A-shares crash: ChiNext -5%, Shenzhen Component -4%, FTSE China A50 futures -3%. Fed hawks warn inflation is far from over, support moderate rate hikes.
US strikes Iran for sixth consecutive night, Qatar intercepts missile attack; A-shares crash across the board, ChiNext down 4%; Israeli Knesset dissolved, elections in 102 days; Trump calls for revoking licenses of TV networks that don't air his speeches.
Iran launches "Operation Lightning" Phase 11 with drone strikes on US military base in Bahrain, sharply escalating Middle East tensions. Fed hawks speak up: Logan and Schmid back moderate rate hikes, while Jefferson warns AI could add upside inflation pressure. Gold rebounds modestly after plunging nearly $100 intraday; BofA warns of historic bear market replay risk.
Gold plunges over 1.5% below $4,000; BofA warns of 1980/2011-style bear market risk. Middle East tensions escalate sharply as Houthis threaten Saudi oil facilities and Iran reportedly plans to blockade the Bab el-Mandeb Strait. US pending home sales post largest drop in six months; homebuilder confidence hits year low.
Spot gold plunges over $65 in a single session as BofA technical team warns of a potential repeat of the 1980/2011 bear markets; Iran reportedly plans to activate the Bab el-Mandeb front with US war spending potentially reaching $100B; Nasdaq drops over 1% at the open led by semiconductor sell-off.
Spot gold broke below $4,000/oz, down 1.48% intraday; US June retail sales rose a modest 0.2%, missing expectations; Iran reportedly plans to activate the Bab el-Mandeb front, with Houthi forces deploying missiles and drones on standby.
Ceasefire collapses as Middle East bond spreads hit 2022 highs; US airstrikes on Iran characterized as "shaping operations" targeting the Strait of Hormuz; Iraq crude exports double to 1.2M bpd in early July; Hygon H1 net profit guidance up 41%+
IRGC launches multiple waves of attacks on US positions, warns "everyone must say goodbye to energy in this region"; NVIDIA CEO Jensen Huang visits Japan, says "we are at the beginning of the cycle"; TSMC Q2 net profit surges 77%.
Iraq suspends crude oil shipments at all terminals after a drone struck a tanker; Kremlin issues multiple statements warning Iran crisis could harm the global economy; New Zealand issues tsunami warning after 6.3 magnitude earthquake in Fiordland.
TSMC Q2 net profit surges 77%, Trump admin secures additional $100B investment bringing total US commitment to $265B across 12 facilities; Baidu seeks HKEX dual primary listing, pre-market +1.8%; IEA warns Strait of Hormuz deadlock could hit global economy within weeks.
IEA Chief Birol warns global economy hangs in the balance as Hormuz Strait standoff enters critical weeks; Trump announces 25% tariffs on select Brazilian goods effective July 22; former NY Fed chief economist warns Fed may be forced to hike rates; Japan plans to purchase 27,500 NVIDIA Rubin chips for robotics AI development.
Asia-Pacific markets plunge — KOSPI crashes over 6%, Nikkei 225 down 2.79%, China A-shares all drop over 2%. Trump announces 25% tariff on select Brazilian goods from July 22 and will deliver a national address tonight on 2020 election disputes. Ukraine strikes Russian "shadow fleet" oil tankers with naval drones; Russia warns multinational forces in Ukraine as legitimate targets.
TSMC Q2 net profit surges 77.4% YoY to record high; South Korea KOSPI crashes 7%+ triggering circuit breaker; SpaceX briefly falls below IPO price wiping out over $1 trillion in market cap
Iran announces strikes on US military bases in Kuwait, Jordan, and Bahrain, sharply escalating the Hormuz crisis; South Korea's KOSPI crashes over 7%, triggering circuit breakers amid chip stock rout and central bank rate hike; SpaceX briefly falls below IPO price after a cumulative 40% plunge.
South Korea's KOSPI crashed 7%+ triggering circuit breakers amid chip stock collapse and surprise rate hike; SpaceX plunged below IPO price, erasing over $1 trillion in market cap; Black Sea escalation threatens grain exports, Chicago wheat futures surged 5% Wednesday.
South Korea KOSPI plunges 7%+ triggering circuit breaker as chip stocks crash, leveraged ETFs implode, and BOK unexpectedly hikes rates. SpaceX briefly falls below IPO price, down 40% from peak with $1T+ market cap wiped. US CPI and PPI both cool more than expected; retail sales data looms tonight.
Trump leans toward expanding military action against Iran, with Pentagon evaluating "most dangerous options" including seizing Kharg Island; Hormuz crisis reignites as global oil markets approach "empty tank" territory; Fed Chair Warsh declares dissatisfaction with all inflation metrics, diverging from White House policy signals.
Trump leans toward expanded military action against Iran, with the Pentagon assessing "most dangerous options" including seizing Kharg Island; explosions reported in Bahrain and Kuwait; US June CPI falls to 3.5% and PPI to 5.5%, both below expectations, but Fed Chair Warsh says he's "not satisfied with any inflation metric"; Buffett warns of speculative frenzy in US stocks, calls the market "like a casino."
Fed Chair Warsh testifies before Congress with a hawkish tilt: recent inflation data does not fully reflect underlying pressures, expects AI to push up observable price levels over the next 12 months. Dell (DELL) plunges 13%, the largest intraday drop since April 2025; SK Hynix ADR falls 11% as AI hardware sector faces broad selling pressure. Iran threatens an immediate response to U.S. strikes, yet WTI crude falls 1% below $79.
Bank of Canada holds rate at 2.25% for the 6th consecutive meeting, slashes 2026 GDP forecast to 0.7%. Fed Chair Warsh to testify before Senate Banking Committee. US June PPI unexpectedly drops 0.3% MoM, first decline in nearly a year. US Central Command completes new round of strikes on Iran.
Dual drop in PPI+CPI confirms inflation peak; Fed's Williams stresses inflation still at ~4%, no rush to cut; US completes new round of strikes on Iran and resumes maritime blockade; NY Empire State Manufacturing Index surges to 15.6; China Q2 GDP misses at 4.3% but structural improvement seen.
US completes 90-minute military strike on Iran targeting Greater Tunb Island defenses; Senate Democrats block NDAA over Iran war authorization; BofA survey shows highest US equity bullishness since Dec 2024.
US airstrike hits civilian facility in Chabahar, Iran, escalating Middle East conflict; Trump "very serious" about 20% toll on Hormuz Strait passage; ECB officials collectively warn on Middle East instability, ready to act if needed; Black Sea oil route under threat as Ukraine strikes 17 Russian oil tankers.
Baidu partners with Apple to develop AI search for iPhones in China; Biwin Storage H1 net profit surges 3200%+ on AI storage boom; India approves $15B semiconductor subsidy package
Middle East geopolitical risks dominate markets as Hormuz Strait navigation disruptions shift from tail risk to baseline scenario. ECB officials collectively warn of inflation stuck at 3% with rising credit tightening risks. US top banks post record Q2 profits up 39%, while IBM crashes 25% in a landmark event signaling AI-driven obsolescence of traditional software.
Netanyahu plans US visit this week, Iranian tankers reroute to Pakistan to evade blockade, Middle East tensions escalate; spot gold falls below $4020, WTI crude approaches $80; PBoC signals loan slowdown as new normal, electricity consumption growth decelerates to 3.7%
Japan trade chief warns Hormuz Strait unsafe for navigation, Red Sea may also become a no-go zone; Trump war room plotting expanded strikes on Iran; IBM crashes 25% as AI squeezes traditional software IT budgets.
Ukraine drones strike 20 Russian vessels including 17 oil tankers in the Black Sea, heightening oil supply risks; Trump war room discusses expanded strikes on Iran; US CPI miss fuels Asia-Pacific rally, Taiwan Weighted Index up 2%; Buffett unveils $140B wealth transfer plan, to exit Berkshire stake within 8 years.
Iran's Revolutionary Guard claims destruction of US military facilities in Kuwait, escalating US-Iran conflict; South Korean semiconductor stocks extend rally with SK Hynix up 12%+ and Hanmi Semiconductor surging 28%+; ANZ slashes year-end gold target to $4,600.
Korea KOSPI surged 8% triggering circuit breaker, SK Hynix +12.9%, Samsung +7.6%; Korea tightens online stock loans to curb leverage risks; Japan retail USD shorts hit near 20-year high; US-Iran Hormuz standoff continues with vessels still transiting.
China Q2 GDP growth slowed to ~4.4%; suspected explosions reported at Iran Khomeini port, Iraq militia warns of response; Trump reverses Hormuz Strait toll plan within 24 hours
US CPI turns negative MoM for first time in six years, Fed rate hike expectations plunge; US-Iran Hormuz crisis escalates as Iran threatens "not a drop of oil will get through"; China June home price declines narrow, tier-1 cities show stabilization signals
Strait of Hormuz firefight escalates Middle East tensions; US June CPI turns negative for first time in 6 years; Trump reverses course within 24 hours, restarts Iran blockade; Houthis warn oil could hit $200; Fed Chair Warsh vows to end high inflation
US June CPI posts first monthly decline in four years, gold briefly tests $4,100; Warsh pledges to end high-inflation era in congressional debut; Houthi-Iran warning of oil surging to $200
US June CPI fell 0.4% MoM, first negative print since 2020, gold briefly surged toward $4100; Fed Chair Warsh set to testify before Congress, vows zero tolerance on inflation; chip stocks soar, Philadelphia Semiconductor Index up over 3%.
US June CPI posts first MoM decline (-0.4%) since 2020; gold briefly surges past $4,100; Fed Chair Warsh delivers congressional debut, reaffirms zero tolerance on inflation while establishing five working groups; WTI crude jumps 2.8% above $80.
US suspends military aircraft evacuation from Israel amid deepening rift; multi-party diplomatic maneuvering over Strait of Hormuz, UK says it should reopen without tolls; markets laser-focused on tonight 20:30 US June CPI
Iran reports US shelling of Abadan and Mahshahr regions, Middle East conflict escalates sharply; WTI crude surges 3% above $80; Trump claims US may "operate" Strait of Hormuz in future; JPMorgan FICC revenue misses, stock down 2% pre-market
Middle East crisis escalates sharply as US and Iran exchange direct military strikes; Hormuz Strait transport near-halt sends WTI crude surging 3.4% past $80; gold stabilizes above $4,000 as markets brace for tonight US CPI; SK Hynix begins HBM4 mass production for NVIDIA.
US-Iran military conflict escalates sharply as US launches 5-hour airstrikes after Iran bombs US base in Jordan; WTI crude surges 2.5% above $79.76; US June CPI and Fed Chair Warsh testimony double-header tonight
Fed rate hike expectations surge as Waller turns hawkish, market fully prices in September hike, German 2Y yield hits 2-year high; WTI crude surges 2.6% past $80, BHP strike talks collapse; China A-shares rally with ChiNext up ~3%
Hormuz Strait crisis escalates as Iran parliament formally introduces security bill, India summons Iranian ambassador, Brazil president slams Trump transit fee plan; US June CPI tonight + Warsh congressional testimony debut in a super inflation day; gold breaks above 4030 to fresh session highs, WTI touches $80
Iran IRGC claims ballistic missile strike on US airbase in Jordan, gold breaks above $4,020, crude oil nears $80; US June CPI plus Fed Chair Warsh testimony tonight form a "Super Inflation Day"
US June CPI due tonight 20:30 CST — July rate hike probability surges to 50%; Korean chip leveraged ETFs halve in value; Baidu HK tumbles 10%; Middle East dual escalation drives oil to $80.
US June CPI report due tonight, core inflation in focus; US-Iran conflict escalates as Trump threatens strikes on Iranian nuclear facilities; Fed's Waller goes hawkish, July rate hike probability surges to 50%
US airstrikes hit Iran's Bushehr province nuclear facility area, gold reclaims $4,000; Bank of Korea expected to raise rates this week for first time in over three years; US June CPI due tonight, July rate hike probability surges to 50%
UAE oil tankers struck in Strait of Hormuz, 1 dead 8 injured; Trump announces Iran port blockade starting July 15; WTI crude surges 9% overnight; Fed's Waller warns July rate hike on table; tonight's CPI the decisive battle
Trump announces resumption of Iran blockade, oil surges 5%; gold crashes 2.5% below 4000 before rebound; US Navy combat drones strike Iran port in historic first
Hormuz Strait crisis escalates as Iran's IRGC issues stark warnings to the US; spot gold plunges 1.89% to $4,041; WTI crude surges 2.87% to $73.48 on geopolitical risk premium; BofA raises AMD target to $620.
Sanaa airport airstrike signals Middle East conflict spillover accelerating; crude oil surges 3.23% then pulls back, gold paradoxically drops 1.48%; Premier Li Qiang stresses stronger counter-cyclical adjustment
US missile strikes Abadan, Iran, injuring one; WTI crude surges 3.19%; Iran simultaneously pursues Hormuz Strait talks with Oman and gas deal with Russia; South China Sea live-fire drills begin tomorrow.
Explosions reported near Iran's Bandar Abbas; Strait of Hormuz tensions surge; UAE adjusts crude delivery routes; SK Hynix plunges 15%
US strike in Iran's Isfahan kills 1, injures 7; Iran Foreign Ministry issues strong response; Oil tankers go dark transiting Hormuz Strait; UK/EU impose new sanctions on Russia over Poland grid attack
US-Iran MoU enters crisis phase, Iran lifts petrochemical export ban, WTI crude surges 3.45%; South Korea circuit breaker, China storage chip crash deepen APAC risk-off
Iranian missiles strike US Al Udeid Air Base in Qatar, satellite imagery confirms; South Korea KOSPI crashes 8%, triggers circuit breaker, SK Hynix down 10%+; WTI crude surges 3.5% above $74
WTI crude breaks above $75 with nearly 5% intraday gain, China's STAR 50 plunges 4%, TSMC June revenue surges 67.9% YoY
Iran's 4th-phase retaliation destroys US HIMARS in Kuwait; KOSPI circuit breaker triggered, -8%; WTI crude surges 4.15%
Iran Revolutionary Guard attacks US military base in Kuwait, Middle East escalation intensifies; KOSPI crashes 7% below 7,000; SK Hynix plunges over 10% in Seoul
US-Iran military conflict escalates, Strait of Hormuz closed; Fed's Warsh faces rate reversal decision; Ukraine PM dismissed
US-Iran conflict escalates as Iran again declares closure of Strait of Hormuz; WTI crude surges nearly 4%; Trump warns of total destruction of Iran; UN urges both sides to resume negotiations; Shenyang issues Level 1 red flood alert.
US-Iran conflict escalates to full-scale military engagement; Iran announces closure of Strait of Hormuz and launches missile strikes on multiple Gulf states; Senator Lindsey Graham dies suddenly, triggering a power vacuum in Congress; Ukraine strikes Russian oil refinery and Azov Sea tanker.
Trump confirms fierce US strikes on Iran, says Strait of Hormuz "remains open"; US-Iran propaganda war over Hormuz control escalates; Senator Lindsey Graham dies suddenly; Ukraine's Zelensky considers replacing prime minister
US launches heavy strikes on Iran; Strait of Hormuz becomes information battleground as Iran claims closure while US says open; Oman hit by drone strikes; WSJ survey shows war-driven inflation is stickier; Senator Graham passes away
Middle East escalation: Iranian drone strikes on Omani territory, vessel distress near Strait of Hormuz; Iraq PM to visit Washington for oil & gas deal; Ukraine cabinet reshuffle
US-Iran military conflict escalates sharply; Iran claims closure of Strait of Hormuz but southern lane remains open; Iranian officer killed in US-Israeli strikes; Iraq PM to visit Washington Monday for oil & gas deal
US-Iran conflict escalates sharply: Iran launches missile and drone attacks on Bahrain and Jordan, US completes third round of strikes on Iran this week; Strait of Hormuz tensions rise as Iran declares closure but southern lane remains open; WSJ survey shows US recession probability drops to 25%.
Iran launches missile attack on Qatar, 3 injured, Strait of Hormuz threat escalates; US strikes Iranian communications tower, Iranian MP threatens retaliation against Trump; Typhoon Bavi makes dual landfall in Zhejiang, NDRC allocates 100M yuan for disaster recovery
Iran launches direct attack on Kuwait, Middle East tensions escalate sharply; Iran declares forceful control over Strait of Hormuz; commercial vessel attacked off Oman coast, 1 Indian crew member missing; Senator Lindsey Graham passes away
Strait of Hormuz crisis escalates sharply: Iranian drones strike Oman's Musandam region, commercial vessel attacked, US-Iran confrontation intensifies; spot gold holds above $4,100; US Senator Lindsey Graham dies suddenly
US-Iran conflict escalates sharply with Iran attacking Bahrain, Qatar, UAE, and Kuwait; Qatar hit by ballistic missiles, former Emir passes away; Strait of Hormuz situation deteriorates.
US-Iran military conflict escalates: Iran strikes US carrier logistics center at Oman's Duqm Port, Qatar's Al Udeid Air Base, and US radar station in Kuwait; US has completed 3 rounds of strikes hitting 300+ Iranian targets; fire at US Navy 5th Fleet facility in Bahrain after missile strike.
US-Iran military conflict escalates sharply: Iran strikes US targets in the Middle East, US forces retaliate against Iranian military facilities; commercial vessel hit in the Strait of Hormuz, crew abandons ship; multiple Gulf states sound air defense alarms.
Iran warns of withdrawing from MOU, supreme leader calls for revenge; Qatar mediates Hormuz Strait talks; Russia-Ukraine war spreads to sea, Kerch Strait shipping suspended
Iran's Supreme Leader Khamenei killed, Middle East on brink of full-scale conflict; Russian ballistic missiles strike Kyiv and Sumy, 4 dead 7 injured; Typhoon Bavi forces Shanghai Donghai Bridge closure
Saudi cabinet reshuffle: Minister of Industry and Mineral Resources dismissed, Energy Minister takes over; Typhoon Bavi forces full suspension of Hangzhou Metro; Eni CEO warns oil market could break out of current range by early 2027 if Middle East conflict persists
Iran's Supreme Leader vows revenge against US & Israel, geopolitical risk heats up; Russia bans diesel exports and begins rare oil product imports; Typhoon Bavi approaches landfall with red rainstorm alerts; CPI + Warsh testimony loom next week
Iran's Supreme Leader vows revenge, Trump threatens 1,000 missiles locked on Iran; US-Iran negotiations deadlocked, Qatar rushes to mediate; Typhoon Bawu approaches landfall, Fujian and Zhejiang activate Level 1 flood response
Kremlin declares Ukraine conflict has escalated to 'full-scale war', mentions nuclear red line; Hormuz Strait transit collapses amid US-Iran clashes; Russia takes control of Bachivsk in Sumy, Ukraine claims hitting 21 Russian oil tankers
Strait of Hormuz quiets down but traffic plummets; Trump reverses on US-Canada bridge opening; Deutsche Bank warns of Fed speaking blitz next week ahead of CPI
Iran FM arrives in Muscat for US-Iran mediation; Israel pauses South Lebanon ops at US request; Deutsche Bank warns of Fed speaker barrage next week; Russian vessel hit by drone in Taganrog Bay, 1 dead.
Explosions heard near Tehran later clarified as controlled demolition, Iranian FM arrives in Muscat for mediation; Deutsche Bank warns of intensive Fed speeches next week focusing on CPI interpretation and rate hike leanings; Typhoon Bavi approaches SE China coast triggering emergency responses across multiple provinces
Iran FM arrives in Oman for mediation as US deadline expires today; Typhoon Bavi approaches Zhejiang; US-Canada bridge deal reached
Trump renews Iran military threat with thousands of missiles locked on target; Typhoon Bavi approaches Zhejiang-Fujian coast triggering Level I emergency response and mass flight cancellations; Iran reports $300M damage to research infrastructure from war
Trump announces new US-Canada bridge deal; Typhoon Bavi makes landfall in Zhejiang with Level I emergency; Trump warns Iran again with 1,000 missiles locked on; Northern Italy drought threatens agricultural irrigation
Trump threatens Iran with thousands of missiles; Zhejiang raises typhoon alert to Level I as Typhoon Bavie approaches; Russian bombing in Kyiv injures 6
US-Iran standoff intensifies as Qatar rushes to mediate; Russia strikes Kyiv; Congo Ebola cases climb to 1,830; Typhoon Bavi approaches East China, Jiangsu and Zhejiang activate Level III emergency response
US-Iran tensions escalate, Trump announces Micron $250B investment, Russia launches missile attack on Kyiv
Iran's Supreme Leader mourning ceremony begins tonight, reshaping Middle East dynamics; Canada June employment beats expectations; IEA warns oil surplus narrative may be upended by geopolitics; GAC Group warns of over ¥4B loss
IEA warns Middle East geopolitics could overturn oil surplus forecast; Muyuan Foods posts H1 loss of 5.7-6.7B yuan; Typhoon Bavui triggers red alert for SE China coast; Fed's Williams flags AI as top inflation threat
Kremlin issues flurry of statements on Ukraine, Putin-Trump call yet to happen; Iran army chief speaks on path forward after Khamenei's death; Fed's Williams warns AI as top inflation threat; China Life plans 4.999B yuan semiconductor fund
US military strikes Mashhad railway bridge in Iran, blocking Khamenei funeral route — first large-scale attack on civilian infrastructure since April; Fed's Williams says AI is top inflation threat, may force rate hikes; UAE crude production hits record high in June
US-Iran conflict escalates as US airstrikes hit Iranian railway bridge, blocking Khamenei funeral passage; Fed's Williams warns AI-driven inflation may force rate hikes; IEA monthly oil market report imminent
Fed's Williams flags AI as top inflation threat, hints at rate hikes; US airstrikes hit Iran railway bridge, raising Middle East risks; China A-shares plunge in afternoon session, ChiNext down over 4%
A-shares plunge in afternoon trading, ChiNext down 2%+; HK satellite ETFs hit limit-up on commercial space boom; Fed July rate hike debate heats up as strategists push back
Japan Finance Minister urges pension funds to increase domestic allocation, Nikkei surges; US resumes Hormuz escort, Brent +1%; Russian refinery hit by drone strike; KOSPI soars 5.6%
WTI crude up 1% above $72, India expands strategic petroleum reserves; Poland's central bank buys 82t of gold against the trend; tech bulls place large QQQ call bets targeting new highs
GPT-5.6 launches with Codex in ChatGPT; Japan urges pension funds to boost domestic investment, yen strengthens; gold remains under pressure with worst quarter in 13 years; A-share lithium sector tumbles
Israel shares new intel on Iranian plot to assassinate Trump; SK Hynix ADR priced at 225K KRW/share raising 40T KRW; OpenAI's No.2 exec Fidji Simo resigns due to deteriorating health
Iran FM warns US, CFTC blocks CME 24-hour crude trading, spot gold breaks $4,136 to new highs, WTI crude drops 3.3% against geopolitical backdrop
Gold breaks 4120, silver surges 3%; WTI crude plunges 2.8%; US-Iran diplomatic window reopens; Fed's Williams strikes dovish tone
Iran launched heavy missiles targeting US military bases in Gulf states; three IRGC members killed in US airstrikes; tankers attacked in Strait of Hormuz; Qatar suspends LNG expansion plans
Iran's IRGC announces gradual reopening of Strait of Hormuz to 50% pre-war capacity with threats to US; spot gold breaks above $4,100; WTI crude retreats to $73.70; London asset manager dumps all US Treasuries for first time in nearly a decade
US-Iran conflict escalates sharply: IRGC launches heavy missiles at US bases in Persian Gulf states; explosions at Ali Salem Air Base in Kuwait; US shells near Iran's Bushehr nuclear plant; gold breaks above $4,098.
Ukraine claims hitting 12 Russian oil tankers in the Azov Sea, yet oil drops 2.3%; London asset manager dumps all US Treasuries for first time in nearly a decade; BYD Energy Storage signs 11.275 GWh deal with Masdar
WTI crude plunges 2.73% below $73, Goldman Sachs and IMF issue warnings; Germany and US reach Tomahawk missile deal; nearly 70% of US tech stocks in bear market territory
STAR 50 surges 8%, SMIC market cap overtakes Moutai; White House prepares for prolonged Hormuz conflict; Warsh's first minutes signal strongest hawkish stance
Strait of Hormuz conflict escalates as White House prepares for protracted war; WTI crude falls 2.25% despite tensions; China A-share chip sector surges, STAR 50 up nearly 5%
US airstrikes on Iran's Khuzestan kill 3, White House preps for prolonged Hormuz conflict; Warsh's first Fed minutes signal hawkish tilt; 69% of S&P 500 tech stocks in bear market; Russia bans diesel exports
US-Iran conflict escalates as Hormuz Strait traffic grinds to a halt; extreme divergence between onshore and offshore crude oil markets; IDC reports first global PC shipment decline in nine quarters
US-Iran conflict may last days to a month, Trump revokes Iran oil export permits and launches consecutive airstrikes; Fed minutes reveal internal divisions, AI investment enters rate decision framework for the first time; HK chip stocks surge, Hua Hong and SMIC both up over 10%
US-Iran conflict escalates with two rounds of strikes in 24h, Iran threatens to close Strait of Hormuz; Russia bans diesel exports after refinery strikes; Fed minutes warn AI investment is hijacking rate decisions
US-Iran ceasefire collapses, US strikes Iran for second night, oil hits 2-week high; Fed minutes warn of inflation risks with AI investment as new rate variable; Ukrainian drones hit 9 Russian shadow fleet tankers, geopolitical risks surge across the board
Iran threatens to close Strait of Hormuz, Brent crude surges 5%; Trump says may strike Iran again tonight; EIA crude inventories post largest build since April ending 10-week decline streak; spot gold drops to $4,040
US-Iran tensions escalate sharply as Trump calls negotiations a waste of time, threatens strike tonight; Hormuz Strait tanker traffic essentially halted, oil surges; Apple inks $30B Broadcom chip deal
Trump's restrained tone at NATO summit triggers oil dip and gold rally; Bahrain claims repelling Iranian airstrikes; UK real yields hit 16-year high
EASA orders airlines to avoid Iran, Iraq, Lebanon airspace; IMO condemns new attacks on ships in Strait of Hormuz; Gold breaks below $4050, oil consolidates at highs
Trump declares US-Iran ceasefire over, oil surges 3.5% as European stocks plunge; Nasdaq 100 futures hit four-week low; Alibaba rallies 14%
Iran warns it will strike any location supporting US attacks as conflict escalates; South Korea KOSPI plunges 6%+ nearing bear market; Japan bond yields hit 30-year high sparking debt concerns
KOSPI crashes 5% triggering circuit breakers; US-Iran conflict escalates sharply as US airstrike hits Iranian school killing ~200 civilians, Iran retaliates against 85 US military sites; 63M barrels of Iranian oil stranded at sea
US-Iran tensions escalate sharply, US raises Strait of Hormuz threat level to 'Severe'; PBoC adds gold for 20th consecutive month; Fed June FOMC minutes due tonight
US launches massive strikes on Iran hitting 80+ targets; Iran media reports explosions in Bahrain; oil prices surge, SC crude up 4%+; Japan 10Y yield hits near 30-year high of 2.865%
US-Iran ceasefire collapses as US expands strikes 5x and revokes oil exemption; Iran claims sovereignty over Strait of Hormuz waters, US military raises threat level to 'severe'; Fed's Williams says current policy is 'just right'
Nasdaq drops 2%+ as Philly Semiconductor Index crashes 6%; chip stocks in freefall; WTI crude bucks trend up 2.35%; Fed's Williams says policy 'just right'; Trump says Russia-Ukraine peace 'closer than we think'
Philadelphia Semiconductor Index crashes 5% in broad chip selloff; oil tanker attacked near Strait of Hormuz, WTI breaks above $70; Dow hits all-time high as tech diverges; SpaceX debuts on Nasdaq, falls 1.7%
Qatar LNG tanker faces explosion risk; Zelensky intensifies calls for European anti-missile system; Amazon mega bond issuance pushes up Treasury yields; US-Iran talks hit snag; West Africa's largest lithium plant begins operations
BOE Governor Bailey warns of sharp stock market correction risk; Former Fed's Bullard says rate hike likely this year, September is key; Trump claims Russia-Ukraine peace 'closer than expected'
Trump says Russia-Ukraine peace 'closer than expected'; Former Fed official Bullard says September is key rate hike window; Iran seeks to rewrite Hormuz passage rules, Saudi plans million-barrel pipeline expansion
Former Fed official Bullard turns hawkish: rate hike likely this year, September the key window; USD net longs hit highest since 2015 near $400B; Ukraine drones strike Russian shadow fleet tankers, Middle East geopolitical risks continue to escalate
Damascus explosion near Macron's hotel during Syria visit; USD net longs hit 2015 high at $39.7B; ECB's Panetta warns of fragile economic outlook
KOSPI plunges 8% triggering circuit breaker as Samsung's 19x profit surge meets sell-off; Iran missiles strike ships in Strait of Hormuz; SpaceX joins Nasdaq-100
Strait of Hormuz alert: Iran missile attack on commercial ships; US PCE methodology change may 'manually' cool inflation; Samsung Q2 earnings explode with +1800% YoY operating profit
Two vessels attacked by drones in the Gulf of Oman, Middle East tensions spike; Samsung Q2 profit surges 1800%+ but shares drop 4.5% pre-market; Trump intervenes in retail pricing, touts Dell and Walmart cuts; Fed's Waller pushes back on excessive forward guidance
30Y Treasury yield breaks back above 5%; Saudi Arabia launches biggest oil price war in 26 years; Trump says he had a 'very good call' with Putin
US June Services PMI misses expectations; Microsoft cuts 4,800 jobs; Saudi Aramco slashes prices by most in 26 years; JPMorgan & HSBC call dip a buying opportunity
Gold plunges $14 below $4,200; Saudi slashes crude OSPs by most in 26 years; White House push to purge Fed intensifies; SK Hynix US IPO oversubscribed
Goldman Sachs raises AMD target to $640 (+42%); SK Hynix US IPO oversubscribed, roadshow launched; HKEX USD gold futures hit record volume; Hapag-Lloyd resumes Red Sea transit
SK Hynix plans $7B ADS offering and massive EUV investment; USD/JPY breaks 162, intervention risk rises; Japanese vessels depart Strait of Hormuz in formation; NVIDIA 800V HVDC on track
JPMorgan slashes gold target to $4,500; SK Hynix $29B Nasdaq IPO incoming; Southbound net inflow exceeds HK$20.5B; USDJPY breaks above 162
WTI crude falls over 1% as Iran war premium fades, SK Hynix $29B Nasdaq IPO set for July 10, JPMorgan slashes gold target from $6,000 to $4,500
Ukrainian drones strike Russian oil port infrastructure; Japan's bond yields surge across the curve with 10Y hitting 2.825%; SK Hynix files for $29B US IPO, bringing AI chip wars to Nasdaq
Gold breaks below 4160, ADNOC launches global LNG platform targeting 47M tons, NVIDIA Kyber delayed to 2028, UBS cuts aluminum price forecasts
NVIDIA Kyber NVL144 reportedly delayed by 12+ months to 2028, PCB manufacturing bottleneck cited as key obstacle; Goldman Sachs raises USD/JPY one-year target to 165; China's STAR 50 up nearly 2% at midday led by storage chip V-shaped rebound.
KOSPI plunges 3% led by semiconductors; STAR 50 reverses from +2% to -3%; OPEC+ confirms August increase of 188K bpd; abnormal tanker movements in Strait of Hormuz; Trump-Putin 90-min call
Russian strikes on Kyiv kill 3, injure 5; OPEC+ raises output for 5th consecutive month; Trump-Putin 90-minute call mediates Ukraine crisis; Gold tests 4200 level
Gold tops $4,200 hitting two-week high; OPEC+ 5th consecutive monthly output hike weighs on oil; Russia launches massive ballistic missile strike on Kyiv escalating geopolitical risks
Middle East tensions escalate: Netanyahu defies court ruling + Hormuz shipping collapses; SK Hynix $29B US IPO; Iran signals openness to US talks
OPEC+ to hike output by 188K bpd in August; Trump says no US-Iran hostilities until Khamenei's funeral concludes; gold surges 1.18% past $4,174
OPEC+ announces 188K b/d production increase for August; Trump says no US-Iran hostilities until Khamenei funeral concludes; cargo ship attacked off Yemen coast
Iran's new Supreme Leader Mojtaba still absent as Khamenei funeral enters day two; Israel shells southern Lebanon; China Merchants Shipping H1 profit expected to surge over 200%
OPEC+ agrees in principle to raise output by 188K bbl/day from August; Gold surges past $4,170 amid geopolitical risk resonance; Hon Hai Q2 revenue up ~40% YoY, bullish on AI rack shipments
Strait of Hormuz situation escalates sharply as Iran tightens control; Medvedev calls Bab el-Mandeb Iran's other trump card; Nomura says global memory industry still in severe supply shortage, AI demand yet to peak
Trump emphasizes American exceptionalism at Independence 250th celebration; Medvedev calls Strait of Hormuz Iran's other trump card as ships reroute; Nomura says memory industry still severely supply-short, AI demand not peaked
Gold breaks above $4,170 on risk-off sentiment; Trump attends US 250th anniversary celebration and will deliver remarks; US-Iran ceasefire during Khamenei funeral; China logistics PMI rises to 50.6%
Gold breaks above $4,174 approaching $4,200 as geopolitical safe-haven flows intensify; Putin briefs Trump on battlefield and invites him to Russia; Trump plans to repeal 702 federal regulations in deregulation push.
Putin and Trump held a 1h25m phone call discussing Ukraine, agreeing to meet at the NATO summit; Russia and Ukraine launched large-scale mutual attacks; gold surged past $4,170 on safe-haven demand; U.S. Treasury launched 'Trump Accounts'
US-Iran next round of talks set for July 11 in Pakistan to discuss frozen funds and nuclear issues; Tesla and other US tech firms tighten AI spending; spot gold rises 1.18% to $4,174
Gold breaks above $4,170 to hit intraday high; millions attend Khamenei's funeral in Iran; 200+ drones attack Moscow; Trump says Iran very eager to reach deal, gives Iran a week off
Moscow hit by 200+ drone swarm, 15-20M Iranians mourn Khamenei, Trump says Iran wants a deal and grants a one-week pause
Ukraine strikes St. Petersburg oil depot as Russia-Ukraine energy infrastructure war escalates; Israel drone strike in Lebanon, Hamas ceasefire at risk; spot gold surges 1.18% to $4,174 on safe-haven demand
Zelensky confirms Ukrainian strike on St. Petersburg military facilities; UK-France-Oman joint Hormuz Strait security; Israel drone strike in southern Lebanon; gold surges 1.18% above 4174
Gold breaks above $4,174 intraday high; Russia reports Ukrainian drone strike on St. Petersburg oil depot; Iran warns foreign forces against military action in Strait of Hormuz; Micron invests $9B to expand Japan chip plant
Gold breaks above $4,170 as Iran warns against military action in Hormuz Strait; Russia intercepts 23 drones heading to Moscow; Trump says Iran wants a deal, gives them a week off
Gold surges 1.18% toward 4200 as Khamenei funeral and Hormuz Strait toll uncertainty fuel safe-haven demand; Trump says Iran wants a deal; Micron invests $9B in Japan chip plant; US Independence Day parade canceled due to extreme heat
Gold breaks above 4170, up over 1%; Micron expands Japan fab with $9B; Iran holds public farewell for Khamenei; Putin demands continued strikes on Ukraine military facilities
Gold surges 1.18% nearing 4200; Iran holds farewell for Khamenei as Trump signals openness to deal; Putin demands continued strikes on Ukrainian military facilities
Spot gold breaks above $4,174 (+1.18%), USD set for biggest weekly drop since April; Samsung Q3 DRAM price hike of 20%, AI data center memory spend share could exceed 40% by 2027; Alibaba bans Claude Code internally; Venezuela earthquake kills 2,645
Gold breaks above $4,170 to new highs, USD headed for biggest weekly drop since April, OPEC June output rebounds sharply by over 3M bpd
Gold surges 1.11% above $4,169; DRC customs failure may disrupt 20,000 tons of cobalt exports worth $1.1B; US antitrust regulators scrutinize oil markets; Germany's 2027 budget expands fiscal stimulus
NATO Ankara summit declares Iran must not have nuclear weapons, gold breaks above 4160; Iran initiates first crude trade talks with Japan since 2019; Gulf June oil exports surpass 10M bpd but remain 40% below pre-conflict levels
Spot gold surges 1.39% past $4,180; Hormuz shipping triples, pressuring oil. Bank of China resumes 5-year CDs; Li Qiang pushes tech self-reliance. German Chancellor to raise NATO contributions at summit.
Gold surges 1.27% approaching $4,200; ECB Lagarde doesn't rule out early departure; Japan shunto wages top 5% for third straight year paving way for rate hike
Spot gold surges 1.37% toward $4,200 as Iran signals de-escalation but risks persist; Japan likely intervened in FX, wage growth supports rate hike path; China June auto retail down 21% YoY
Spot gold surges 1.36% toward $4,200; Iran warns US/Israel to honor commitments or face countermeasures; UK services PMI contracts for second month to 48.8; Hormuz Strait traffic triples
Tesla Q2 deliveries beat at 480k but shares plunge 7.5% post-market, France May manufacturing output -1% m/m well below expectations, Iran acting defense minister warns of response to violations, Chinese auto brands surpass Japan in European market share for first time
KOSPI surges above 8100 with 6% gain, Citi sees oil at $60, Samsung targets up to 20% DRAM price hike in Q3, US earnings expectations hit fastest post-pandemic growth
Gold rebounds to $4178, KOSPI surges 4% triggering sidecar mechanism, Poland scrambles jets as Russia-Ukraine conflict escalates, BNP Paribas raises Japan terminal rate forecast to 2.5%
US June nonfarm payrolls miss badly, rate hike timing pushed back; Gold holds above 4100; Trump escalates Fed personnel war; Japan 10Y yield hits highest since 1996
Gold surges above $4120 to all-time high, US tech stocks sell off broadly, Tesla plunges 6% as Nasdaq 100 turns red
Gold breaks above $4,060 to new highs, WTI crude drops below $67, NFP report tonight is the key catalyst
Non-farm payrolls tonight, gold surges past $4,075, USD/JPY drops below 161, massive Russian air strikes on Ukraine
Yen surges on suspected BOJ intervention; UBS cuts oil forecasts on US-Iran deal; Saudi Aramco expands spot exports; US NFP data early release tonight
A-share chip sector crashes, Iran floating oil stocks hit 58M barrels, Russia launches massive airstrike on Ukraine, US NFP at 20:30
NFP brought forward to tonight; market expects cooling to 110K; Big Short Burry doubles down on AI shorts; Gold breaks above 4060 intraday high
NFP released early today; US-Iran Doha talks boost peace optimism, pressuring oil; A-share tech selloff, HK auto/internet rebounds
Fed's Wush scrubs forward guidance, sparks gold/silver rebound; ADP adds only 98K, today's NFP in focus; White House AI guidelines expected next week
Oil drops 2%+, Philadelphia Semiconductor Index plunges 5%+; Fed Chair Wurst reiterates ending forward guidance, gold and silver rebound
ISM Manufacturing PMI below expectations; Fed Chair沃什's dovish international debut; Gold surges past 4100; Iran seeks permanent control of Strait of Hormuz
ADP payroll shock at 98K, lowest since March; WTI crude drops to $68.22, lowest since Feb 27; 20 chipmakers announce price hikes simultaneously
US-Iran Doha talks reach preliminary agreement to release $3 billion; USD strengthens, EM currencies erase YTD gains; Saudi Aramco slashes July LPG prices
Iran warns it will act if US cannot restrain Israel; Saudi Aramco dumps millions of barrels in Asian spot market; Citi cuts Honeywell PT, upgrades Lockheed Martin
Iran seeks permanent control of Hormuz Strait; Wall Street bulls hedge against pullback after strong Q2; US June layoff data slows
Gold drops below 4000 ahead of ECB Forum; WTI retreats to $69; Eurozone PMI final readings beat estimates
Fed September rate hike probability surges to 80%; Berkshire hikes Japan trading stakes above 10%; Israel warns Gaza near boiling point; Gold drops below 3965
Global Central Bank Forum opens tonight with Worshe + Lagarde + Bailey on same panel; Gold below 3980 near death cross; EU drops tariffs on US industrial goods; Goldman warns crude surplus could exceed 3M bbl/day
Gold drops to 3973 near death cross; Goldman warns daily crude surplus may exceed 3M bbl; OMFIF central bank survey sees gold at 5000-6000 within 12 months; Japan Tankan shows rising sentiment and inflation
Gold drops below 4000, yen hits 1986 low, Bessent says most buyers still avoid Iran oil, Goldman warns daily oil surplus may exceed 3M barrels
Goldman warns crude surplus may exceed 3M bbl/day; A-share sector rotation intensifies, insurance/financials surge while STAR 50 turns red; Wusha's first global central bank forum speech in focus
Gold drops below 3980 approaching death cross as Fed hawkish signals persist; A-shares diverge sharply with solar crashing and memory chips rallying; Trump opts for Iran diplomacy over military strike
Trump listens to Iran war briefing but chooses to continue negotiations; Microsoft plans thousands of job cuts; Fed September rate hike probability hits 80%
Fed's Hammack hawkish: may need higher rates; Supreme Court rules on Trump cases 2-2; USD turns lower, GBP strengthens
JOLTs job openings beat expectations, consumer confidence below forecast; Treasury yields rise; Gold near 4045
US April S&P/CS and FHFA housing data beat expectations with housing resilience; UAE crude exports hit record high; Ukraine drought threatens corn and sunflower harvests
Germany June CPI sharply below expectations; UK announces £15B defense spending; BlackRock downgrades EM equities on AI risk
SK Hynix files for Nasdaq IPO; SHFE raises gold futures margin; IMF says AI valuation pressure easing
UK announces £64B nuclear arsenal update + defense spending to 4.2% of GDP; Warsh's hawkish stance may end the 'Fed put'; European Stoxx 600 hits all-time high
RBC raises S&P 500 target to 8150; Citi warns 80% of Nasdaq longs underwater; Iran hardline stance on ceasefire
Oil slumps ~20% in June as Doha talks loom; China Politburo deploys flood control; German unemployment meets forecast
France June CPI drops sharply from 2.4% to 1.8%, ECB July hike odds plunge; IC futures surge 3% as capital rotates to growth; Gold rebounds to 4028 but TD targets 3900
Germany FM calls US-Iran ceasefire agreement an 'important step'; Morgan Stanley cuts 2027 Brent forecast; STAR50 surges 4%+; Taiwan stocks close H1 with ~60% gain
Morgan Stanley cuts oil forecast again; Iran IRGC members killed; oil price drop eases ECB hike pressure
Gold drops below 3970, losing 4000 support; Iran border clash adds geopolitical risk; 20+ semiconductor firms to raise prices in July; Cambricon joins A-share trillion-yuan club
Gold drops below 3950 intraday low; gold/silver long ratio exceeds 90%; Applied Materials unveils 3D AI chip equipment; Samsung accelerates 1.4nm R&D; US-Iran talks in disarray
RBA minutes signal restrictive stance for longer; China June non-mfg PMI edges up to 50.2%; A-share semiconductors strong, STAR50 up 2%+; Gold pulls back to 3968
Fed independence backed by Supreme Court; US-Iran Doha talks signal confusion; Trump pressures retailers on prices; US equities closed higher overnight
Supreme Court 5:4 blocks Trump from firing Fed Governor Cook; Citadel Securities warns AI trade faces growing risks; Iraq's stranded 14M barrels of oil shipped via Strait of Hormuz
USD/JPY hits near 40-year high then pulls back; S&P 500 up 1% at open; Rubio briefs Congress on Iran; Gold extends losses to -1.74%.
US-Iran talks send mixed signals; US pension funds unleash $30B rebalancing sell-off; Gold below 4050, oil in narrow range.
Trump announces US-Iran talks in Doha tomorrow; Rocket Lab to acquire Iridium for $8B; Microsoft down 17% in June, worst since 2000
Pension rebalancing to sell ~$30B in US equities; Trump reasserts Iran won't get nubs; UBS bullish on gold with 12-mo target $5200
Gold drops to $4031 as safe-haven retreat accelerates; Iran denies Doha talks confirmed; Hormuz Strait shipping disrupted; Apple challenges India antitrust findings; Solidion announces SpaceX stake purchase
Gold drops below 4052 as US-Iran peace talks weigh on safe-haven premium; Fed's Kashkari shifts hawkish, expects one rate hike this year; South Korea announces 4755 trillion won chip industry strategy
Goldman maintains gold target at $4900; Musk announces SpaceX monthly AI model releases; Record foreign selling in Korean stocks
Korea announces mega chip & AI data center investment plan; US Supreme Court key rulings ahead; Gold retreats to 4059
Gold slips below 4050; WTI crude trades near 69.7; Sichuan 5.5 magnitude earthquake; RBC raises S&P 500 target to 8,150; Europe gas stockpiles hit 15-year low
US-Iran technical talks to continue; Trump aims to fully lift Iran sanctions; Hormuz Strait mine threat could persist for months; US margin debt hits record $1.4 trillion
US-Iran agree to stop mutual strikes, restart talks in Doha Tuesday; Hormuz Strait tanker traffic constrained; A-shares retreat after morning rally, ChiNext down 2%; Gold at $4065 under pressure
US-Iran agree to stop strikes, resume talks Tuesday; Wall Street turns bearish on euro; Samsung, SK plan $1.3T AI investment
US-Iran agree to stop mutual strikes, restart talks Tuesday in Doha; Saudi Aramco helicopter crash kills 14; Venezuela refinery shutdown after power outage; Invesco survey shows sovereign funds rotating into energy amid rising concerns over USD outlook.
Saudi Aramco helicopter crash kills 14; BIS warns AI investment boom could turn into investment depression; US-Iran tensions escalate with Hormuz Strait risks resurging
US-Iran mutual strikes escalate, Trump threatens Iran's destruction; BIS warns AI trillion-dollar investment may turn into investment depression; oil tanker attacked in Strait of Hormuz
Trump issues existential threat to Iran; Iran announces 30-day supervision of Strait of Hormuz; Russia's Novak says no need to ban diesel exports; Europe heatwave causes 1,300+ excess deaths.
Saudi Aramco helicopter crash kills 14 in Ras Tanura; Iran announces Hormuz Strait safe routes requiring IRGC coordination; French civil aircraft crash kills 11 in Nancy.
Trump issues existential threat against Iran, US-Iran confrontation escalates for third consecutive day; Musk announces Grok 4.5 in internal testing at SpaceX and Tesla; Invesco Nasdaq Tech ETF suspended tomorrow due to premium.
Iran declares full control of Strait of Hormuz for 30 days, significantly escalating geopolitical risks; BIS warns AI exuberance combined with highly leveraged hedge funds threatens financial stability.
Iran announces 30-day full control of Strait of Hormuz; Bahrain intercepts Iranian missiles and drones; Iraq-Iran foreign ministers meet on strait reopening
Ukraine strikes Russian oil refineries; Samsung/SK Hynix to unveil major investment plans Monday; Kuwait intercepts ballistic missiles
Iran attacks damage Bahrain buildings; EU emergency aid for Venezuela earthquake; China carbon fiber production milestones; market eyes super data week
Iran strikes Bahrain, US-Iran ceasefire crumbling; Google limits Meta's Gemini access; Australia inflation outlook cut to 4.25%
Middle East escalation deepens: Iran condemns US airstrike, launches missiles at Bahrain and Kuwait; Israel multi-front operations; gold surges past 4080; oil slips below $70
Iran's IRGC strikes US military facilities in Kuwait and Bahrain; Bahrain sounds alarm; Gold breaks 4080; US says no significant damage
Iran's IRGC launches missile attacks on US bases in Kuwait and Bahrain; Gold holds above $4,080, oil drops below $70.
Gold holds above 4080 with +1.36% gain; oil drops back to $70; ECB's Schnabel sends hawkish signals; Hezbollah rejects Israel-Lebanon framework
Afghanistan M6.0 earthquake + Venezuela quake affecting 6.8M; ECB Schnabel hawkish on further rate hikes; Saudi condemns Iran attack on Bahrain; Gold 4081, Oil 70.1.
Strait of Hormuz threat level raised to 'High'; Hezbollah rejects Lebanon-Israel framework; Gold above 4080, Oil below 70.
Hormuz Strait threat level raised to 'High'; Iran tightens passage control; Gold surges past 4081 with high volatility; WTI crude retreats near $70
Hormuz threat level raised to 'High', Iran fires warning shots at unauthorized vessels, Kuwait condemns Iran's attack on Bahrain, Iran FM heading to Baghdad
Oil tanker struck in Strait of Hormuz, Trump renews Iraq oil revenue control order, gold holds 4080, WTI hovers around 70
Hormuz Strait traffic disrupted, US-Iran escalation continues, gold holds 4000, WTI retreats to $70
US-Iran hostilities reignite, Strait of Hormuz traffic disrupted; gold surges above $4,080, oil retreats to ~$70; Norwegian oil workers' strike disrupts offshore drilling
Norway oil services strike takes effect disrupting offshore drilling; Gold holds at 4081; Hormuz evacuation continues; Middle East stalemate persists
Gold holds above 4080, IRGC strikes US military positions; Venezuela earthquake confirms oil production unaffected; China industrial profits up 18.8%
Iran tensions persist as 2,500 seamen evacuated from Strait of Hormuz; Gold pulls back to 4081 after touching 4096; WTI crude drops below $70
Gold holds above $4080 at new highs, Iran tensions escalate, China industrial profits beat expectations
US-Iran conflict escalation oil pullback; Gold holds above 4080; SpaceX joining Nasdaq 100 on July 7; China industrial profit growth slows
US military strikes Iranian targets in Hormuz Strait; gold surges then pulls back to 4081; Oracle posts worst weekly drop since dot-com bust
Hormuz Strait escalation: mine threat and transit fees; Gold hits 4100 then retreats to 4079; WTI plunges 3.7% unwinding conflict premium; OpenAI considers IPO as early as 2027
Michigan consumer sentiment below expectations but inflation expectations stable, gold surges above $4,080 to session high, WTI crude breaks below $69, VIX hits two-week high
US May trade deficit widens to $105.8B, far exceeding expectations; US-Iran communication established but three tankers turned back by IRGC; DXY drops to 101.06
WTI crude plunges ~10% weekly to $69.6; IEA raises demand forecast; Iran-Iraq ceasefire advances with IAEA inspection access; Israel hardlines on Lebanon truce
Reuters survey: More economists now predict Fed rate hikes than cuts for the first time; WTI crude down nearly 10% this week; EU-China trade talks lacking sincerity
Oil plunges over 3% toward $69; Hormuz Strait traffic hits highest since conflict; Barclays upgrades MU and QCOM targets; Russia weighs months-long diesel export ban
US equity funds see first outflow in 3 months; tech sector records $9.3B record outflows; IAEA granted access to inspect Iranian nuclear facilities; WTI crude drops below $69
Deutsche Bank slashes gold forecast; IAEA granted access to Iran nuclear sites; Iran's Hormuz Strait toll escalation; WTI crude drops 2.3%
Container ship attacked in Strait of Hormuz; PCE miss prompts market to trim Fed hike bets; Apple shares plunge 6% on price hikes
Trump administration intervenes in AI model release, demands OpenAI limit initial rollout; Asian tech stocks in Black Friday crash, Korea KOSPI triggers circuit breaker; Gold four-week losing streak nears $4,000
Japan 5.8-magnitude earthquake in Chiba, Nikkei plunges 5%, Apple price hike triggers tech sell-off, OpenAI delays IPO
Gold drops below $4000 to $3988, Korea KOSPI plunges 7%, A-shares sell off 2%+ across board, silver down 3%+
SoftBank plunges 12% on OpenAI IPO delay fears; China ChiNext down 2%+, Nikkei drops below 70,000; N-Heke IPO surges ~400%; Rubio draws red line in Middle East on Hormuz Strait free passage
US PCE broadly in line; jobless claims unexpectedly drop to 215K; Hormuz Strait ship attack tests US-Iran ceasefire; Trump announces $11B farmer aid with plans to buy US crops using Iranian frozen assets
Cargo ship attacked near Oman, IMF backs Fed rate hold, Kansas Fed manufacturing surges, US jobless claims drop to 215K
US initial jobless claims unexpectedly drop to 215K; May PCE returns above 4%; US equities volatile at open, Nasdaq turns negative
Gold drops below 3980, down 0.48%; SocGen warns hot PCE could reverse Micron-driven optimism; USD/JPY approaches 40-year low at 161.94; Israel partial withdrawal from Lebanon disputed; Hormuz toll proposal rejected
Iraq oil ministry denies OPEC exit; Israel partial withdrawal from southern Lebanon disputed; Iran Quds Force commander threatens Israel
Gold drops below 4000 to 6-month low; Iraq threatens OPEC exit; EU eyes DMA regulation for Microsoft and Amazon cloud services
Japan govt drafts plan to pause BOJ rate hikes; UK cuts steel import quota by 51%; SK Hynix plans US ADR raise of ~$30B; Goldman expects inflation near Fed target by 2027
Gold dips below 3990 as PCE data looms; Rubio tough on Hormuz; ICBC flags precious metals volatility risk
Hang Seng falls below 23000 to June 2025 low; lithium carbonate plunges 4%; gold at 3983 under pressure; Danske Bank warns of Fed hikes
Gold falls below $4,000; Micron earnings beat sparks analyst upgrades; Venezuela earthquake death toll rises; BOJ hawk signals rate hikes
Wall Street consensus expects May PCE inflation to rise; BOJ hawk Tamura calls for rate hikes every few months; Japan 20-year bond auction demand weakest since May 2025
Hormuz Strait reopens as oil prices retreat; IRGC and Trump clash over transit fees; JPMorgan raises S&P 500 target to 7,800; Micron earnings beat surges 14% AH
Gold drops below 4000, crude oil turns from shortage to surplus after Hormuz reopening; Venezuela hit by consecutive major earthquakes
Bessent reiterates strong dollar policy, gold dips below $4,000; Fed stress test: all 32 banks pass; Hormuz strait evacuation deal reached; Japan/Korea stocks rally.
EIA inventory data across the board: SPR hits 43-year low, Cushing/West Coast inventories drop to decade lows; Gold rebounds to 4006 but remains under pressure; WTI falls below 71
Gold crashes below $4,000; Hormuz Strait reopening crushes oil prices; US Q1 current account deficit widens beyond forecast
Bessent fires off dozen statements on USD dominance and Iran fund controls; Brent drops below $75; Gold under pressure down 1.5%
Gold drops below $4050, oil gives back war gains; Gulf states push for free Hormuz Strait passage; Israel refuses Lebanon withdrawal
Gold drops below 4065, WTI at 72.58; US-Iran ceasefire extends as Hormuz Strait reopens; Samsung considers ~90 trillion won buyback; Micron earnings after close
SK Hynix plans $29B Nasdaq listing; Germany scraps F126 frigate project; Qatar LNG to resume in weeks; Micron earnings to test AI valuation thesis
SK Hynix plans $29B US fundraising; Qatar says US-Iran hotline critical for strait reopening; Gold & oil pull back
BOJ Governor Ueda delivers dovish-hawkish testimony, signals continued rate hikes but warns high oil prices may push inflation above target. Qatar PM says US-Iran hotline critical for Hormuz reopening, LNG capacity to resume in weeks. Gold retreats to 4085.
Trump slams oil companies, orders DOJ investigation; Goldman sees core PCE returning to 2% by 2027; ASML partners TNO on photonic chips; Alphabet joining Dow; Asian markets diverge
ByteDance seeks record $20B overseas loan and negotiates Qualcomm chip services; RBI says too early to discuss rate hikes; Gold drops below 4070; CNN Fear & Greed at 27.7
US Congress passes historic Iran troop withdrawal resolution; Gold falls below 4090; HK semiconductor and pharma outsourcing sectors rally; US Treasury Secretary warns on supply chain security
Gold drops below $4,060, down $50+ intraday; SoftBank's Son declares AI 'not a bubble' and touts Intel deal catalyst; UBS debunks aggressive rate hike pricing
Gold ranges around 4062, WTI recovers above 73; SK Hynix pushing for US listing, Samsung mulls 90T KRW buyback; ICBC halts personal precious metals trading, TRS additions frozen
US-Iran talks stall over inspection terms; Hormuz Strait to stay open; Gold crashes below $4100; Korean stocks plunge in Black Tuesday; Trump approval hits 34% low
Gold falls below 4130, oil below 74; Russia considers diesel export ban; Trump claims Iran agreed to inspections, swiftly denied
US manufacturing PMI hits 49-month high; Gold drops below 4140; Trump admin pledges $17.5B for nuclear
Gold drops nearly 2% approaching 4100, Nasdaq futures down 3% leading US equity sell-off, Barclays raises S&P target but market sentiment remains bearish
Gold plunges 1.64% toward $4100, Hormuz Strait reopening with Iran limiting passage, UK PM Starmer freezes new policies ahead of leadership transition
Gold drops below 4120 hitting new intraday lows; Hezbollah accuses Israel of violating ceasefire; SHFE Energy adjusts crude oil futures margins; Li Qiang meets South Korean PM to advance FTA talks
Gold rebounds from lows to $4,128, Israel-Lebanon strikes kill two threatening Iran talks, Iraq announces 2.1M bpd output hike, Goldman bullish on AI chip cycle
Gold holds near 4105 after losing 4100, ECB's Lane warns inflation to stay well above target through H1 2027, Iran reaffirms negotiations but sets Lebanon red line, UK services PMI hits 3.5-year low
Gold plummets over 2% below 4100, Germany PMI hits 18-month low, Iran rejects IAEA inspection of attacked nuclear facilities, Korean stocks crash nearly 10%
Korean stocks trigger circuit breaker on massive tech sell-off; Middle East peace talks weigh on gold and oil; Deutsche Bank slashes gold forecast
KOSPI circuit breaker upgraded to -8%; China announces auto aftermarket reform; Iran's 60-day oil exemption with 68M barrels in limbo; Warsh reform blueprint revealed.
KOSPI crashes 6% triggering circuit breaker; Alphabet loses $225B in single day; Gold breaks below 4150; Middle East peace progress weighs on oil and aluminum
Korea KOSPI/KOSDAQ trigger circuit breakers; BofA forecasts 3 Fed rate hikes this year (75bp total); Gold drops below $4,147; HK tech stocks plunge
KOSPI plunges over 4% in biggest drop this year; US-Japan finance ministers hold emergency FX talks; Gold falls below $4,165; Asia-Pacific markets under broad pressure
US-Iran breakthrough: US allows Iran to sell oil in USD for first time in decades; Canada CPI hotter than expected; Wall Street banks unanimously warn short-term gold upside limited
US equities turn negative across the board, Nasdaq down 1%; gold surges past 4200, WTI crude crashes 3.4% to $74.6; SpaceX down 10% for third straight day; Alphabet drops 5%; Iran nuclear deal progress as IAEA to return.
Major US-Iran deal progress with IAEA returning to Iran; oil prices plunge over 3%; Fed mourns passing of former Chair Greenspan
Major US-Iran breakthrough: Iran agrees to IAEA return; Goldman cuts US recession odds to 15%; UK PM Starmer resigns; SpaceX launches first investment-grade bond.
Gold holds above $4,200 at $4,207 (+1.24%), WTI crude falls below $76 (-2.08%); Hormuz Strait shipping volumes begin to rise, US-Iran negotiation roadmap finalized
Gold breaks $4,200 to hit new high up 1.2%; WTI crude drops 1.6% to $76; Iran signals US-Iran talks make progress; UK PM Starmer resigns
UK PM Starmer announces resignation; Iraq plans to restore 4.2-4.3M bbl/day crude production; Russian airports face temporary restrictions after attacks
UK PM Starmer announces resignation; Yen approaches 1986 low; Iran FM claims US-Iran talks progress; China LPR unchanged for 13 months
India-US trade deal may sign by July 24; SNB adjusts rate threshold; Lebanese president discusses ceasefire with Vance; Hormuz reopening signals intensify
Nikkei 225 hits all-time high; Netanyahu refuses to withdraw from Lebanon; German defense giant KNDS plans June IPO; Libya output at 13-year high
Hormuz Strait reopening signals strengthen — Kuwait demands buyer pickup; Hong Kong gold clearing system launching July; Fed hawkish pivot reshapes FX markets, carry trades unwind
Ukrainian cargo ship drone attack leaves crew dead; South Korea KOSPI turns negative intraday; Kuwait issues 'self-pickup' crude signals Hormuz reopening
Qatar recalls empty LNG tankers as Hormuz Strait may reopen; Fed hawkish pivot triggers mass carry trade unwind; Guinea bans gold exports, disrupting global supply chain
US-Iran reach agreement; Iran oil export sanctions lifted; Gold 4188 -0.79%; WTI drops below $77; UK PM Starmer may resign as soon as Monday
US-Iran talks continue overnight; Trump issues new threat; IRGC warns ships away from Strait of Hormuz; UK PM Starmer expected to announce departure; Gold dips to 4140, Silver breaks $65
US-Iran talks make major progress but Iran refuses to give up uranium enrichment rights; Trump threatens further strikes; tanker incident off Yemen
Iran refuses photo-op with US but talks progress; Trump threatens Iran over Hezbollah; Libya oil output hits 2013 high
US-Iran talks officially launch in Switzerland; Hormuz Strait toll-free for 60 days; Israel airstrikes southern Gaza kill 2
Iran president reveals $6B frozen fund return details, Israel refuses Lebanon withdrawal, East China Sea live-fire drills begin tomorrow
Iran president reveals $6B frozen funds return details; insists on uranium enrichment rights; Hormuz traffic drops to zero; Pakistan PM meets US VP
US-Iran four-way talks launch at Bürgenstock; Hormuz Strait remains closed; Gold retreats 1.25%
Iran-US ceasefire uncertainty persists, Ukrainian drone strikes ignite Russian oil terminal, gold drops 1.25% toward 4150, PCE and GDP data ahead
Ukrainian drones attack Russian oil terminal triggering fire; Iran central bank governor says hopes for deal with US within days; Israel announces military drill in Jaffa.
US-Iran technical talks officially commence in Switzerland; VP Vance and Pakistani PM arrive in Bern; Israel confirms 6 soldiers killed in Lebanon; MSCI assigns SpaceX lowest ESG rating.
US-Iran technical talks officially commence in Switzerland with VP Vance leading; US proposes unfreezing billions in frozen assets as leverage for UN nuclear inspections; Iran prioritizes ending Lebanon conflict on its agenda
Israel-Lebanon ceasefire enters Swiss talks; Iran prioritizes ending Lebanon conflict; Israeli official warns Syria/Turkey bigger threat than Iran; Gold below 4160, oil rebounds above 76
Israeli official threatens war with Syria 'sooner or later', LA declares emergency over warehouse fire, Wells Fargo predicts S&P 500 to reach 8600-8800 by end of 2027, Middle East talks ongoing
US-Iran Swiss talks begin today, Hormuz Strait sees 'dark passage' shipping, Gold drops below 4160, Israel-Hezbollah ceasefire on negotiation agenda
US-Iran talks launch in Switzerland with Vance personally attending; British PM Starmer expected to announce resignation Monday; Trump hints at Hormuz Strait tolls after 60-day window
Netanyahu orders Lebanon ceasefire; IRGC hardens Hormuz closure narrative; US military refutes with 55 ships passing; Iran central bank governor heads to Switzerland
Iran announces closure of Strait of Hormuz, major geopolitical escalation; US-Iran delegations head to Switzerland; Gold 4155 down 1.25%, oil 76.4 up 1.34%
Gold drops 1.25% below 4160, USD Index breaks 101; US-Iran Switzerland talks ongoing; Lebanon ceasefire agreed; Zaporizhzhia NPP loses external power for 20th time
Iran threatens to walk out of talks; Israel airstrike kills 16 in southern Lebanon; Gold drops below 4160
Lebanon-Israel ceasefire collapses: Hezbollah fires 50+ shells, IDF retaliates; Iran threatens to exit talks; State Council to announce FDI policy Monday
Iran threatens to walk away from talks; US grid strained by AI; Markets closed — Gold 4155, Oil 76.4
Hezbollah fires 50+ shells triggering Israeli counterstrike, ceasefire effectively collapsed; US delegation arrives in Switzerland; Israel expands airstrikes in Lebanon
IRGC fires off hardline statements insisting war not over; Iran parliament reveals 80% of MOU is US commitments; Israel insists on staying in south Lebanon despite ceasefire
Zelensky threatens Belarus to withdraw border facilities; IRGC enters high alert; US-Iran deal electronically signed, Switzerland plans follow-up meeting
Israel resumes heavy bombardment of southern Lebanon; gold drops below $4,156; World Bank warns of 94% surge in Asian LNG prices
Gold drops below 4160; Israel-Lebanon conflict continues after ceasefire with white phosphorus use; Iran's Strait of Hormuz new rules take effect; China Dragon Boat box office surpasses 200M
Gold drops below 4156, Middle East ceasefire collapses as fighting resumes, Israel accused of using white phosphorus
Israel accused of using white phosphorus in Lebanon; US-Iran envoys head to Switzerland for talks; Gold drops below 4160, oil holds above 76
Israel-Hezbollah ceasefire agreed but strikes continue on southern Lebanon; Trump pressures Iran to deal within 60 days; DXY pulls back to 100.73; Gold plunges 1.25% below 4160; WTI crude gains 1.34%
Israel-Hezbollah ceasefire confirmed; Iran denies Hormuz closure; Gold drops 1.4% to 4149; USD breaks above 101.
Lebanon-Israel ceasefire details remain uncertain; Fed rate hike fully priced in for September; Gold drops further to 4149; Israel maintains buffer zone stance
Israel and Hezbollah agree to ceasefire; Gold rebounds to 4,181; European natgas surges 5.6% on Hormuz concerns; Italian FM cancels US visit
Iran announces new Hormuz Strait transit rules requiring 48-hour advance application; Gold drops 1.3% to 4,153; Israel escalates Lebanon attacks but US mediates de-escalation
Gold drops below $4150, Goldman cuts year-end target to $4900; USD index breaks 101 to 1-year high; Vance cancels Switzerland trip, US-Iran nuclear talks stall; Russia central bank cuts only 25bp, below expectations
Gold falls below 4162 (-1.1%), Israel strikes 80+ targets in southern Lebanon, Kremlin vows to continue Ukraine airstrikes, France demands veto power on Iran sanctions
Israel defense minister declares 'even Trump can't dictate to us', Iran demands Lebanon ceasefire guarantee before resuming US talks, China calls out Israel at UN Security Council
Israel airstrikes Hezbollah targets in Bekaa Valley, Israeli officials threaten to destroy Lebanon, China imposes 55% tariff on Australian beef, BOJ Governor Ueda discharged from hospital
Israel-Lebanon clash kills 4 IDF soldiers; gold drops below $4,150; USD index breaks above 101; WGC warns $120B gold smuggling crisis
Gold rebounds to 4138 but remains under pressure; WTI crude surges above 76 on supply restoration; Kuwait lifts all force majeure and resumes output; Zaporizhzhia nuclear plant drone attack reported
US-Iran nuclear talks cancelled, gold plummets 2% below 4130, DXY breaks above 101 to highest since May 2025; Goldman slashes gold year-end target to 4900; Asia-Pacific equities under pressure
Goldman Sachs cuts year-end gold target by $500; US-Iran nuclear talks stalled as Vance cancels Switzerland trip; hedge funds pile into long USD; gold below 4155, silver drops over 2%.
Hezbollah ambush destroys three Israeli Merkava tanks; gold drops below 4180; Iran-US signing ceremony hits new snag; domestic gold jewelry prices plunge.
Middle East tensions flare after Iran-US agreement; Israel and Hezbollah clash in southern Lebanon; BOJ Deputy Governor signals potential policy action on oil-driven inflation.
Both US and China markets closed (Juneteenth + Dragon Boat Festival); Gold drops below $4,190; SPDR Gold ETF surges 7.4 tonnes in a single day; Vance publicly criticizes Israel
WTI crude plunges 3.2% to $73.3 as Iran ports resume; Fed Chair Waller's hawkish debut signals rate hike window; BOE holds steady but leans hawkish
Hawkish Fed reshapes market expectations, crude oil plunges 3.4%, Goldman warns of increased short-end Treasury volatility
US initial jobless claims fell to 226K showing labor resilience; ECB's Lane says neutral rate ceiling at 2.5%; Gold pulled back to 4248 after hitting 4329, oil drops over 1.8%
Moscow hit by 194 drones in massive attack; Gold drops below 4250; Fed hawkish shock reshapes market expectations
US-Iran deal confirmed; IEA warns Hormuz 'Pandora's box' opened; Fed dot plot signals hike risk; oil drops below $74
Gold drops below $4310, WTI crude falls 2%+ to $74; Hang Seng tumbles 2%+, HK property stocks hit hard; Fed dot plot hints at possible rate hikes
Oil drops below $74 to new lows, Germany pledges €200M Ukraine arms plus Red Sea naval deployment, Bank of England decision imminent, KOSPI hits new high
Iran signals reluctance on nuclear talks within 60-day US-Iran window; WTI crude falls below $74 to fresh 3-month low; Fed's Wush改革与 rate hike expectations surge
Goldman expects Fed rate hike as early as September; US-Iran deal faces six deadlocks in 60-day window; Gold surges past 4319
Fed Chair Warsh turns hawkish, September rate hike odds surge to 50%+; US-Iran deal signed online launching 60-day talks; Gold spikes to 4329 then retreats, coking coal plunges 6%
Fed hawkish shock continues as Warsh debuts with overhaul of communication norms; US-Iran deal officially signed launching 60-day talks; Cushing crude stocks near operational floor
Fed Chair Wush's hawkish debut shocks markets, rate hike expectations surge; US-Iran MOU signed, 60-day negotiation window opens
EIA crude inventories fall for 8th straight week, largest decline of 2026; Trump considers arming Ukraine with US-made missiles; Wang Yi speaks with Iranian FM
US stocks open with semiconductors surging; Brent crude breaks $80; EU secret contacts with Kremlin on Russia talks; CME CEO Duffy confirmed departing
US May retail sales unexpectedly strong (+0.9%); Fed FOMC decision tonight; Trump warns of resumed bombing if unsatisfied with Iran deal; CME CEO Duffy transitions to Executive Chairman
3 Iranian oil tankers break through US naval blockade carrying 5M barrels through Strait of Hormuz; US-Iran framework reveals $300B private fund with over half already committed; Fitch downgrades EM sector outlooks due to Iran conflict.
Trump says Strait of Hormuz to fully reopen within 1-2 days, market 'very satisfied' with Iran deal; Russia's western port oil exports surge 35% in early June; IEA warns of severe crude surplus next year.
Fed holds rates tonight with new Chair's debut; dot plot revision expected; Bezos says AI will cause labor shortage; gold consolidates near 4330.
TotalEnergies Saudi refinery hit by drone attack, capacity at 70% repair to 2027; UAE plans to eliminate Hormuz dependence; UK inflation flat, rate hike expectations cool
Hormuz Strait expected to reopen Friday, empty VLCCs assembling in Gulf of Oman; WTI crude drops 1.47%; Fed dot plot expected hawkish, new Chair沃什's debut ahead
US to allow Iran to immediately resume oil exports, WTI crude accelerates decline to 75.27; A-share STAR50 surges 4%+,兆易创新 hits limit-up at new ATH; Barclays raises Euro Stoxx 600 year-end target to 670; Tonight's FOMC statement to signal two-way rate risk
Hormuz Strait set to reopen Friday with 60 empty supertankers assembled; LPG plunges 8%, fuel oil drops 6%; Iran warns Israel over Lebanon ceasefire violation; G7 pledges Ukraine reinforcements and reduced Hormuz dependence; Bessent's FOMC debut tonight
Hormuz Strait reopening imminent as Qatar redirects LNG tankers back to Middle East; Israel continues airstrikes in southern Lebanon; Iran hardens negotiating stance; oil drops over 1.6%
Zhu Hexin announces full FDI reform and incremental policy package at Lujiazui Forum; Crude breaks below $75; Sci-Tech 50 leads A-shares with +1% gain
Pan Gongsheng delivers sweeping policy at Lujiazui Forum: offshore central bank repo tool, RMB forex pilot; SpaceX surges 49% in 3 days, surpasses Amazon market cap; Oil falls below $76
US-Iran deal draft leaked: oil exports may resume immediately; Fed Chair Warsh's first FOMC decision imminent; crude drops to March lows
US-Iran peace deal draft leaked: Iran oil exports to resume immediately, $300B reconstruction fund over half funded; G7 ramps up Russia sanctions; oil prices fall to early-March lows; Fed FOMC decision today
Oil crashes 5% to 3-month low on easing US-Iran tensions; Russian oil exports hit near-record; Fed meeting ahead with new Chair Wunsch's dot plot stance in focus
Strait of Hormuz expected to reopen by June 19; oil rebounds slightly after 4%+ crash; SpaceX surpasses Amazon as world's 5th largest company; ECB chief economist says inflation far above target; US tech stocks broadly lower.
Trump vows to destroy Iran's nuclear materials and let Russia oil sanctions expire; oil crashes nearly 5% to 3-month low; gold surges past $4350; Iran deal full text to be published.
Oil plunges 3.5% to 3-month low as US-Iran ceasefire signals intensify; gold holds above 4340 amid record central bank buying appetite; Xiaohongshu reportedly eyeing Hong Kong IPO second half of year at $50B valuation.
SpaceX to acquire Cursor maker Anysphere for $60B; EU Parliament approves US-EU trade deal; BofA survey: 40% of investors expect Fed rate hike within 12 months
UBS delays Fed rate cut expectations to 2027, hawkish FOMC signal expected; SpaceX surges 10% pre-market, set to surpass Amazon; Trump delivers stark warning on Iran nuclear program
Iran-US memorandum of understanding signing pushes ceasefire expectations higher; oil plunges 3.1%. Central banks accelerate gold repatriation from US/UK vaults, purchase intentions hit record high.
RBA holds rates but leaves door open for hikes; Ichthys LNG plant shutters one production line due to strike; Moscow refinery hit in drone attack
RBA holds rates at 4.35%, pauses hiking cycle; Morgan Stanley slashes oil price forecasts; Japan long-end yields surge; Barclays says gold near fair value
BOJ hikes 25bp to highest since 1995, announces end of bond tapering from April; Nikkei 225 breaks 70,000; Gold rebounds to 4331; NVIDIA's $25B bond oversubscribed 3.4x
Goldman Sachs cuts oil price forecasts for second time in a week; BOJ expected to raise rates to highest since 1995; China ChiNext surges over 2%
China May industrial output & retail sales due any moment; Shenzhen second-hand home prices improve to +0.6% MoM; A-share rally in rare earths, power grid equipment, industrial gases; Hang Seng Tech drops over 1%; US SPR hits 1983 low
US-Iran MOU announced at G7 but CIA director questions Iran sincerity; B-52 crash kills 8; BOJ rate decision today; S&P 500 surges 1.66%
SpaceX IPO underwriters exercise greenshoe, total fundraising rises to $85.7B; US military reiterates Iran port blockade before June 19 agreement; NAHB housing confidence hits low; Brent crude falls below $82; Fitch downgrades US mid-year credit outlook
Iran-US MOU signing set for June 19, Hormuz Strait remains closed; Gold surges 3.3% above 4350, Crude plunges 5.1% to 80.5; US energy stocks under pressure, aviation and industrial sectors rally
US-Iran ceasefire details crystallize; nuclear talks within 60 days; oil crashes ~5%, gold surges to 4346; Strait of Hormuz may reopen with 15-nation fleet on standby
Gold surges past 4336 up ~3%; oil plunges nearly 5%; Hormuz Strait still closed despite US-Iran ceasefire deal; Fox acquires Roku for $22B; Macron pushes back on Trump tariff threats
US military still enforcing naval blockade contradicting first LNG transit; Morgan Stanley sees cyclical rotation boosting equities; SpaceX market cap surpasses Tesla
Iran-US signing ceremony process in doubt as Switzerland says no request received; gold surges, oil crashes 5%; hedge funds deploy $1T back into Asia
Gold surges past $4,345 to new all-time high, WTI crude nears $80; another vessel attack off Yemen coast; Capital Economics warns oil supply recovery will lag
US-Iran ceasefire deal triggers oil crash of 4.6%; gold surges 2.7%; Israel refuses Lebanon withdrawal; SpaceX +6% premarket
Israel refuses to withdraw from Lebanon — Netanyahu tells Trump it's not bound by agreement; TD Cowen doubles Micron target to $1,500; Five risks threaten US-Iran deal
US-Iran peace deal rally fades as oil crashes ~5%, gold hits $4,324; A-share ChiNext surges 3.66%, Nikkei breaks 69,000
Gold surges past $4,330 to new all-time high, WTI crude drops below $80.5, Russia strikes Kyiv killing two, silver soars 4%, China NDRC launches three-year energy-saving initiative
Gold surges to 4317 on new highs, Turkey hails Iran-US deal, Singapore plans gold clearing hub, JPY shorts hit 9-year high
US-Iran reach memorandum of understanding; Hormuz Strait toll-free permanently; Kyiv hit by 30 missiles
US Defense Sec. Hegseth reveals Sunday signing of Iran nuclear deal, says Iranian nuclear material will be destroyed; Trump criticizes Beirut strike; US media accuses Israel of deliberately undermining Iran deal
IDF kills Hezbollah communications chief; IDF Chief of Staff announces deepened military operations in Lebanon; US UN Ambassador says Iran deal 'confident' on Sunday; IRGC declares full readiness
Israel strikes Beirut killing 3, injuring 15; Iran threatens retaliation; US-Iran deal stalled as diplomat accuses Israel of sabotage; SpaceX IPO up 19%
Trump claims US-Iran deal signing Sunday, Palestinian factions unify on '20-Point Plan' Phase 2, Israel strikes Beirut killing 1 wounding 4, Iran official calls Israel 'mad dog'
Israel strikes Beirut Hezbollah targets again; US-Iran memo leak reveals $25B asset unfreeze; WTI crude drops below $85
Israeli officials push to expand Lebanon strikes; Ukraine hits Russian strategic oil depot; South Korea-US FX talks on won weakness; Iran deal uncertainty persists
Iran yet to make final decision on US-Iran memorandum of understanding, prospects remain uncertain; Israel issues evacuation warning for 29 villages in southern Lebanon; WTI crude drops over 2.7%.
US-Iran deal set to be signed today; Qatar negotiator arrives in Tehran; Israel issues mass evacuation warning for southern Lebanon; Russian fuel facilities struck by drone.
US-Iran online signing ceremony imminent with Vance & Qalibaf; UK intercepts shadow fleet tanker; Israel continues airstrikes on southern Lebanon
Hezbollah launches 21 operations against Israel in 24h; Northern Israel under aerial attack; Saudi Kingdom Holdings discloses SpaceX stake; Hormuz Strait shipping diversion continues
US-Iran deal set for weekend signing; Israel security cabinet to review on Sunday; Hormuz Strait shipping disruption intensifies; SpaceX IPO underwriting fees revealed
SpaceX IPO underwriting fees estimated at $500M total, Goldman and Morgan Stanley each to receive ~$100M; No commercial vessels using Iranian waters in Hormuz Strait; US-Iran deal details continue to unfold.
Senior US official says powerful Iran deal reached; shipping data shows vessels bypassing Iranian waters in Strait of Hormuz; Iran's security council deputy says strait will reopen to all commercial traffic.
Israeli officials warn US-Iran MOU will endanger security interests; IRGC warns ships against Hormuz passage; Iran demands transit fees. WTI crude falls over 2.7%.
US-Iran deal switches to e-signing with Hormuz Strait reopening confirmed; SpaceX Nasdaq debut smooth; WTI crude drops below $85
US-Iran deal e-signing ceremony confirmed for tomorrow; Hormuz Strait opening as core condition; oil plunges nearly 3%.
Hormuz Strait traffic restored to ~50%, SpaceX IPO opens at ~$172, Israel blocks Iran asset unfreezing in US-Iran deal
SpaceX debuts on Nasdaq surging 29% with $350B+ total demand; Trump's hawkish Iran rhetoric lifts oil, yields hit intraday highs; ADBE plunges 8% to 7-year low; Michigan sentiment data imminent
Iran denies Sunday signing; Israel blocks asset unfreezing; Gold retreats -0.55% to 4188; Fed rate cut pushed to 2027
US-Iran memo may be signed as early as Sunday; Israel hardline on Iran nuclear; Nomura sees BoE rate hike in July; crude oil falls nearly 2%, gold edges lower.
Iran-US MOU details emerge: nuclear talks within 60 days; Strait of Hormuz transfer denied by Iran; crude drops 2%+, gold range-bound.
US-Iran deal may sign Sunday in Geneva; WTI crashes 2.7% to 84.8; Citi upgrades AMD to Buy
Gold retreats to 4219, crude oil plunges 3%; Iran reveals details of 14-point US-Iran MoU draft; Goldman Sachs cuts long-term oil price forecasts
Gold rebounds slightly to 4190 but stays weak; WTI crude drops 1.7%; ECB governor signals further rate hikes; SpaceX IPO tonight.
El Niño confirmed in Pacific, possibly record-breaking; Gold dips to 4182, silver surges 4%; Huawei HarmonyOS 7 launched; Lujiazui Forum next week; French CPI in line; US-Iran stalemate persists.
China SC crude futures crash 6.11%; Wall Street banks limit hedge fund leverage on Asian chip stocks; SpaceX $75B IPO tonight; US-Iran talks stalled by Supreme Leader communication blackout; German CPI and UK GDP data due.
ANZ slashes year-end gold forecast to $5,200; US plans to withdraw one-third of NATO fighters; SK Hynix fire controlled; physical gold surges as Shenzhen jewelry drops to ¥1,060/g.
SK Hynix second fire this month raises supply fears; Israel quietly seeks info on US-Iran deal; India expands fiscal deficit due to Iran war costs; US Treasury says frozen Iranian assets will compensate Gulf states.
Trump signals peace, halts Iran strike plan; Iran pushes back; SpaceX launches record $75B IPO; Gold retreats to 4,191, oil holds above $87.
Spot gold retreats to 4186, STAR50 surges 4%+; SpaceX IPO allocation finalized with ~20% retail shares; Oil-linked ETFs open sharply lower on Trump peace signal
Trump cancels Iran strike, claims peace deal; Iran pushes back; IRGC intercepts tanker in Strait of Hormuz; World Bank cuts global growth to 2.5%
Trump claims will strike Iran tonight and warns of seizing Kharg Island; EIA natural gas inventory +108B cf exceeds forecast; House rejects FISA short-term extension
US May PPI surges 1.1% MoM, highest in 3 years; World Bank cuts growth forecasts for two-thirds of developing nations; UAE holds face-to-face talks with Iran
Trump announces tonight's 'massive strike' on Iran, threatens seizure of Kharg Island; ECB raises rates for first time in three years
US-Iran accelerate talks on temporary ceasefire amid frozen asset dispute; US intercepts third tanker in Oman Gulf blockade; Japan WF6 supply shutdown hits chip supply chain
Oil plunges 3.1% toward $89; BOE placed on US military list; BofA raises INTC target to $135; Samsung offices raided
SK Hynix ETF frenzy fuels derivatives surge; 375-layer NAND mass production by year-end with Mo replacing W; India monsoon delay may impact global food supply; Kremlin calls for restraint on Iran
Oil crashes over 3% below $90; Iran claims US shell hit cargo ship in Gulf of Oman; ECB rate decision countdown; markets reprice US-Iran long war scenario
US May CPI hits 4.2% YoY, highest since Apr 2023; Russian refinery shut after drone strike; markets reprice for long Iran-US conflict; ECB rate decision tonight
IRGC Navy escalates Strait of Hormuz blockade warning; Iran claims strike on US 5th Fleet in Bahrain; Gold rebounds to 4093, WTI drops to 91.4
US launches additional self-defense strikes on Iran; Gold enters bear market in 91 days; WTI crude drops below $92
Iran claims 12 missiles destroyed US F-35s at Jordan base; State Dept warns citizens to shelter in place; Bahrain intercepts Iranian strike; Alibaba and JD.com plunge over 5% in HK
BOJ Governor Ueda hospitalized, misses policy meeting; Kuwait closes airspace due to Iranian strikes; Lebanese missiles hit northern Israel; Silver plunges 4%
Trump says 'I love inflation,' giving new Fed Chair Warsh political cover to hold rates; BLS nominee publicly contradicts Trump on data fabrication claims at hearing; Trump says nearing order for new strikes on Iranian infrastructure
US fires 49 Tomahawk missiles at Iran; Trump threatens 'bomb them into smithereens'; US May CPI hits 4.2% 3-year high; EIA crude stocks plunge 7.2M barrels
Bank of Canada holds rates at 2.25% but signals two-way risk; gold rebounds to 4176, oil rises to 90.7 amid escalating Middle East tensions.
US May CPI hits 4.2% 3-year high but core CPI unexpectedly slows; gold rebounds to 4152, oil drops to 89.9.
Trump threatens strikes on Iranian power plants and bridges; gold crashes 2.6% to 4148; oil volatile amid Hormuz blockade.
US May CPI expected at 4.2% three-year high, BOJ Governor Kazuo Ueda hospitalized and may miss policy meeting, Iran escalation raises Middle East risks, Hormuz Strait disruption forces tanker rerouting via Red Sea
Gold drops below 4170, WTI crude below 89; Iran escalation pushes geopolitical premium higher; BOJ governor hospitalized, absent from next week's meeting
Iran leadership pivot from restraint to proactive confrontation, gold breaks below 4170, eurozone inflation transmission accelerates ECB may hike all year
Iran's Kish Island explosion amid escalating tensions, Bulgaria halts Ukraine aid breaking NATO consensus, gold drops below 4185 hitting new intraday low
Iran launches triple retaliation against US bases, Korean stocks crash 4.5% triggering circuit breaker, US May CPI expected to return above 4%
Iran launches full retaliation strikes on US bases in Jordan, Kuwait, Bahrain; Gold drops to 4172 then rebounds to 4208 but YTD gains fully erased; TSMC May revenue +30.1% YoY; ChiNext drops over 3%; Tonight's CPI expected above 4%
Asia tech bloodbath: KOSPI plunges 6.14% below 7600, SK Hynix -9% SoftBank -10%; Gold extends decline to -2% at 4174; US CPI tonight expected to break 4%
Gold's YTD gains wiped out; key support broken; US May CPI due tonight expected at 4.2%; domestic gold jewelry prices plunge 40 CNY/gram
Iran launches ballistic missiles and drones at US bases in Bahrain and Kuwait — major escalation; Gold drops below 4174, down over 2%; tonight's CPI expected to return to 4.2%.
Gold drops below 4190 hitting daily low; US Central Command confirms completing self-defense strikes on Iran; US official says strikes won't hinder negotiations; SoftBank's OpenAI equity-backed loan plan faces obstacles; China May CPI -0.1% MoM.
US-Iran military escalation surges after Apache shot down; Trump proposes taking half of Iran's oil; tonight's US CPI data is the key event.
US Energy Secretary says Hormuz Strait ship traffic 'significantly increasing'; IDF chief signals readiness to resume Iran operations; precious metals and crude oil sell off sharply
Oil crashes nearly 4%, gold consolidates around 4330; Moody's chief economist warns US economy on the edge of recession; 70% of economists doubt Fed rate cut as new chair debut looms
US April trade deficit narrows as exports hit record high; Fed Chair-designate Wush's debut ahead, 70% of economists skeptical of rate cuts; Emirates president expects oil to fall back to $60-70 range
Iran war escalation, oil surges, gold dips, crypto rallies. F&G at extreme fear.
EU proposes 21st Russia sanctions targeting 90 banks; Israel strikes Lebanon residential area killing 9; US NFIB small business optimism hits 18-month low
WTI crude falls below $90; Israel strikes Lebanon's Tyre; Citadel Securities warns of early Fed rate hike; US May CPI may hit 3-year high
Trump says Iran deal in final stretch; WTI crude drops 2% below $90; BOJ considers June rate hike
WTI crude drops below $91, Iran MP threatens US bases, Indonesia central bank hike, KOSPI rebounds 8%
US-Iran deal enters final stage, KOSPI surges 8.18% in violent rebound, gold range-bound at 4332, crude drops below $91
Indonesia central bank hikes 25bp; BOJ considers June rate hike to 1% and halting tapering; Gold holds 4345 amid 200-day MA break; Intel surges on Google 3M chip report
Trump signals Iran deal proposal within days; Alibaba added to US DoD military list; KOSPI surges 8%; WTI crude falls below $91
Citi slashes gold target to $4000 citing extreme near-term risk; WTI crude breaks below $91; Korea KOSPI surges 5%; A-share semiconductor sector leads
China Jan-May trade up 15.3% YoY; OpenAI files confidential IPO; Bank of America warns 70% bear market signals triggered
Israel defense minister vows to continue striking Hezbollah in Lebanon; Iran's top security official fires back; Goldman & JPMorgan eye GPU rental futures; coking coal hits limit-down in Dalian
Israel's north sounds red alert; Netanyahu's security cabinet to decide on escalation tonight; US May Conference Board Employment Trend Index rises to 107.01; Wall Street says post-NFP dip is a blip, bull market intact
Iran and Israel announce ceasefire; WTI crude turns lower; US equities open higher across the board; Philly Semi Index surges 5%+; Citi raises S&P 500 year-end target to 8,100
Iran and Israel announce mutual pause on attacks; Fitch upgrades oil & gas outlook; Citi raises S&P 500 target to 8100
Netanyahu orders halt on Iran attack preparations; Iran cancels all flights; Russia cuts oil exports; Corning partners with Amazon
Iran announces halt on military action against Israel; crude drops below $93; Huang Renxun reveals Samsung ASIC collaboration
Wells Fargo doubles Micron PT to $1,220; Trump signals Israel-Iran ceasefire push; WTI crude surges past $95
Trump calls for immediate Israel-Iran ceasefire; EU approves Iran sanctions and disburses first tranche of Ukraine loan; Xi-Kim meeting in Pyongyang; Alibaba establishes Token Foundry division
Tehran struck again, Iran Foreign Ministry hit; Fed hawkish signals intensify ahead of Wally's debut; Ukraine attacks Russian oil infrastructure
Israel claims destruction of Tehran air defense; satellite images reveal heavy damage to Iran's Bandar Abbas naval base; Damascus airport suspended; South Korea vows forex crackdown.
Iran continues multi-wave missile strikes; Iraqi militia declares entry into conflict; Houthis blockade Red Sea, Iran eyes Hormuz tolls; KOSPI plunges 8.29% at close.
Israel strikes Iranian military targets; Middle East conflict escalates sharply. Oil surges 4%+, gold pressured. Asia-Pacific markets sell off; Korea KOSDAQ triggers circuit breaker.
Middle East retaliation spiral escalates: Iran fires missiles at Israel again, Karun petrochemical plant hit by Israeli missiles, Iran closes western airspace, Jordan airspace breached; Xi Jinping arrives in North Korea for state visit; Jensen Huang calls tech selloff a buying opportunity.
Israel strikes Iranian missile launch sites; Middle East retaliation spiral escalates; Indonesia takes control of coal, palm oil exports; South Korean president says KRW rally unsustainable; Shanghai silver plunges 8%+.
7.8-magnitude earthquake in Philippines kills 5 with tsunami warnings; Indonesian rupiah hits all-time low as 10Y bond yield surges 24bp to 7.14%; Middle East retaliation spiral continues as Israel confirms intercepting Yemen missile.
Middle East revenge spiral escalates: Iran missiles strike US base in Saudi Arabia, Houthis launch missiles at Israel. Oil surges 3.5%, gold retreats to 4306. Korea stocks crash 8% triggering circuit breaker.
Kospi crashes 8% triggering circuit breaker; Israel prepares for imminent Iranian retaliation; oil spikes then reverses with 5%+ intraday range; China stocks recover from sharp early losses
Iranian missiles hit US military base in Saudi Arabia, major escalation; Korean FX authority warns of strong intervention; Gold retreats to 4312, oil spikes then pulls back to 94.7
Israel Channel 12 corrects: only Yemen Houthi missiles, not Iran; Saudi base attack claims further questionable; gold drops to 4307, oil retreats to 94.9
Iran missile strike on Israeli airbase; Trump intervenes to halt retaliation; Goldman Sachs abandons 2026 rate cut forecast; OPEC+ may boost output by 188k bpd from July
Gold plunges 3.3% to 4328; OPEC+ maintains policy but 7 output hike in July; Iran threatens 'painful' response to Israel's Beirut strike; Trump opposes rate hikes
OPEC+ announces July production increase of 188K bbl/day; Trump signals positive Iran deal outlook; Israel strikes southern Beirut suburbs; Gold plunges 3.3%.
OPEC+ formally confirms July output hike of 188k bpd; Israel strikes Beirut southern suburbs with 3 missiles; US drafts IAEA resolution on Iran nuclear safeguards
OPEC+ to raise output by ~188k bpd from July; Israel discovers massive underground infrastructure in southern Lebanon; Nvidia CEO says memory shortage will persist for years
Israel issues evacuation warning for Tyre, Lebanon; Jensen Huang to meet Samsung chair, hints at announcements; Iran Hormuz transit fees $150K-$2M/ship revealed
Chernobyl spent fuel storage facility hit by drone attack; Iran drafts Hormuz Strait fee regulation; US CPI + 2 central bank decisions + SpaceX IPO ahead
Chernobyl spent fuel facility struck by Russian drone; IAEA deploys for damage assessment; shooting attack in central Israel kills 1, injures 6; Pakistan conveys US signal to ease Iran sanctions
Gold plunges 3.3% to $4,327, WTI oil drops nearly 3% to $91.7; South Korea emergency meeting on won speculation; Israel airstrikes southern Lebanon; Jensen Huang meets Korean gaming executives
Jensen Huang meets Korean game makers on AI cooperation; Iran says unified on negotiation stance; Ukraine wheat forecast sharply raised; UK/Japan airlines to raise fuel surcharges again.
OECD cuts South Korea growth forecast to record low; Israel airstrikes in Lebanon kill two; UK aircraft carrier suffers another breakdown; Chinese broker argues strong NFP doesn't mean Fed hikes this year.
OPEC+ ministerial meeting may approve July production increase; OpenAI plans ChatGPT super-app overhaul; AstraZeneca warns of pausing EU drug launches; US CPI and two central bank decisions ahead.
OPEC+ may agree to further output increase in July; PBOC adds gold for 19th consecutive month; China FX reserves beat expectations at $3.442T
PBOC adds gold for 19th consecutive month, reserves hit 74.96M oz; China forex reserves beat expectations at $3.44T; Strong non-farm Payrolls aftermath continues to dominate markets.
Gold crashes 3.3% below 4328 on hawkish NFP; US military shoots down Iranian drones in Strait of Hormuz; NATO mulls €70B Ukraine support package.
Gold crashes 3.3% to 4327 on strong NFP + ECB hawkish pivot; US-Israel-Iran War hits 100-day mark; US plans to transfer frozen Iranian assets to Gulf allies
Israeli forces accidentally strike Lebanese army vehicle; Iran condemns US-Israel attack on nuclear facilities at IAEA; Gold and oil trade sideways at lows
US strikes Iranian radar facilities violating ceasefire; Pakistan mediates US-Iran standoff; Kuwait intercepts 7 Iranian missiles; Strong NFP keeps pressure on Gold at $4,327 and Oil at $91.7
Kuwait intercepts seven Iranian missiles; Pakistan mediates new US-Iran proposal; Iran expands industrial cooperation with Belarus; Gold and oil remain weak.
Iran launches missile and drone attacks on Bahrain and Kuwait; gold plunges over 3% to 4327; oil drops below 92; US government considers equity stakes in AI companies.
Iran strikes Bahrain/Kuwait intercepted, Saudi Arabia condemns, Hormuz port UXO clearance; US considers AI enterprise stake
Gold plunges 3.3% below $4330, US-Iran nuclear talks at impasse, Israel-Lebanon tensions escalate
Zelensky claims Ukraine struck Krasnodar oil depot and military base near St. Petersburg; Iran accuses IAEA of politicizing technical reports; Gold and oil markets closed for weekend
Iran launches ballistic missiles at Bahrain and Kuwait; gold crashes 3.3% to 4,327 on hawkish Fed repricing
Iranian IRGC opens fire on oil tankers in Strait of Hormuz and claims attack on US 5th Fleet; US intercepts missiles but denies damage; Gold falls to 4327, oil at 91.7; US DoD raises counterintelligence alert on Israel
Iran's IRGC opens fire on tankers at Strait of Hormuz, threatens full blockade; US denies damage to 5th Fleet HQ; Gold plunges 3.3% to 4327, oil drops 2.9% to 91.7; Nvidia memory downgrade sparks storage sector sell-off
Middle East tensions surge: Bahrain & Kuwait sound air raid alerts, explosions near Iran's Hormuz Strait coast; Gold crashes 3.3% to 4327, WTI crude falls below $92; SpaceX IPO receives 2x oversubscription
Gold plunges 3.3% below 4330, Iran military advisor warns US, US-Israel espionage tensions escalate, domestic gold jewelry drops 30 CNY/g
Gold and oil remain weak, Saint Petersburg hit by massive drone attack, Putin demands economic growth, analysts warn of rising gold holding costs
Gold and oil extend losses, Saint Petersburg drone attack aftermath continues, Israel strikes Lebanese army killing soldiers, Huasheng Securities cleans up mainland business
Iranian drones launched toward Strait of Hormuz shot down by US military; strong nonfarm payrolls ignite rate hike expectations, gold plunges over 3% below 4330.
Blowout nonfarm payrolls ignite rate hike panic, gold crashes over $100; Fed officials turn hawkish en masse, December hike odds surge to 63%; SpaceX IPO oversubscribed.
Strong non-farm payrolls boost dollar, gold drops below 4400, Philadelphia Semiconductor Index falls over 5%, market reprices Fed rate hike expectations
US May NFP surges past expectations, markets fully price in 25bp Fed hike by year-end; Lebanon Speaker rejects US-brokered ceasefire; Gold drops below 4401.
Iranian navy fires warning shots at US destroyers in Gulf of Oman; Fed official warns rate hikes may return to the table; tonight's NFP is the key catalyst.
India Q1 GDP beats at 7.8%; von der Leyen says sea drone reached EU border; Shenzhen sets new land price record; Ukraine food factory strike kills 4; Muyuan May pork sales -30% YoY
US layoffs climb for third straight month hitting post-pandemic high; Netanyahu's political fate hangs by a thread; Ukraine drones strike Mariupol ports; aviation fuel shortage may push US gasoline to $5; China issues private fund and interest rate regulations
Gold pulls back to 4461; Romania's largest port hit by maritime drone; Israel warns Lebanon south to evacuate; markets brace for US nonfarm payrolls
Gold rebounds to 4460 from intraday low; Indonesia stocks plunge nearly 4% to 5-year low; Foxconn AI server narrative persists; Tonight's NFP is the key event
Tonight's May NFP release looms with sharply divergent forecasts; Fed officials lean dovish; gold retreats to 4452 but institutions remain bullish long-term
Tonight's US May NFP report looms as key risk event; gold pulls back to 4441, silver down 2%+ intraday; Commerzbank raises year-end gold target to $4800.
Jensen Huang visits Korea: announces R&D center, calls robotics Korea's next big industry; India RBI cuts GDP forecast to 6.6%, models oil at $110/bbl; Non-farm countdown
Pentagon plans NATO shakeup, cuts one-third of fighter jets; Citi raises CATL target to HK$888; Non-farm payroll tonight
Oman oil terminal hit by suspected drone attack, operations suspended; SpaceX Japan IPO raised 25%; US May NFP due at 8:30pm
Japan sells record $75.6B foreign securities to defend yen; Kospi crashes 6%+ triggering circuit breakers; Iran's Kharg Island resumes crude loading
Blackstone halts redemptions on $79B flagship credit fund amid liquidity panic; US initial jobless claims jump to 225K, 2-month high; Non-farm payrolls day — markets hold breath.
Blackstone urgently restricts redemptions on $79B flagship credit fund; SpaceX releases IPO roadshow video; Dow +1.5% vs Nasdaq -0.6% as rotation deepens; EIA natural gas storage below forecast.
Fitch cuts 2026 global growth to 2.4%; Pimco warns credit default wave has begun; US equities split — Dow rallies while Nasdaq sinks, gold nears 4500.
US initial jobless claims hit 5-month high at 225K; Hormuz Strait mine-clearing plan emerges; Gold ETFs see $2B net outflows in May
Foxconn-Intel AI strategic partnership; Israel resumes strikes on Lebanon after ceasefire; Asian currencies under pressure from oil & rate hikes; BOJ signals June rate hike; Broadcom upgrades from JPM & MS, but Dalio warns of AI bubble
SpaceX pushes $1.78T IPO amid political controversy; Trump sets Iran red line — no full war unless US troops killed; US Treasury Secretary insists 3.8% inflation is 'transitory'
Fed officials split on rate path as Logan warns of possible hike this year; Israel-Lebanon agree to ceasefire framework; US indices fall with Dow dropping 600+ points
ADP payrolls beat expectations hitting 16-month high; Hormuz Strait tensions escalate as US Navy escorts commercial vessels; ASML becomes Europe's most valuable company ever
Alphabet cloud backlog nearly doubles to $460B; US indices sell off with Nasdaq down 0.8%; Trump signals willingness to meet Iran's supreme leader
Iran missiles hit Kuwait air base, IAEA warns nuclear risk elevated; Navitas surges 15% on NVIDIA MGX partnership; ADP jobs strongest since Jan 2025
Hamas delays Cairo delegation visit, northern Israel alarms continue; RBC raises NVDA target to $300; Russia reveals 480t gold output topping global rankings
Iran strikes Bahrain & Kuwait, Gulf refining capacity drops 3M bpd; Gold surpasses US Treasuries as top global reserve asset; Oil up 2.5% near $98
IEA warns global oil storage nearing critical levels, gold surpasses US Treasuries as top reserve asset, Iran's 80M barrels stranded at sea
Gold surpasses US Treasuries as top global reserve asset, Kuwait attacked by Iran, Ueda's hawkish remarks
Flash: US gov appeals tariff refund, Trump 60-country tariffs, Wush reforms Fed communication
Flash: Ukraine strikes St. Petersburg oil terminal, Goldman Sachs maintains A-share overweight, Colombian oil workers strike
Flash: Kuwait airport attacked, Trump tariff escalation, Indonesia market crash
Flash: A-share baijiu selloff, St. Petersburg drone attack, semi equipment rally
NATO unveils tens of billions in arms deals; Morgan Stanley initiates SpaceX coverage and raises ASML target; hedge fund yen shorts hit near 20-year extreme
Shipping giants Maersk and Hapag-Lloyd resume Suez Canal routes; Goldman Sachs and Stifel initiate coverage on SpaceX with Buy ratings; KOSPI plunges 4.91% triggering second circuit breaker, semiconductor sector under pressure.
Shanghai's six departments issued a joint property policy package: buying second-hand homes for affordable rental, expanding housing vouchers, and "trade-in" purchase loan subsidies, effective Aug 21. Evergrande and Xu Jiayin sentenced in first-instance ruling — Xu given life imprisonment; HK Hang Seng up 1.14% at midday, biotech stocks surged with CanSino up 51%. Gulf oil producers seek alternative export routes amid ship attacks, tanker demand soars to record rates; spot gold eases to $4,488, WTI at $84.2.
COMEX gold breaks above $4,600 with spot gold at $4,553, heading for a third straight weekly gain; US-Iran standoff shifts to the economic front as Bessent signals a sharply lower probability of large-scale military action, with "harshest-ever sanctions" due next week; European markets regain favor as the Stoxx 600 nears fresh highs.
Former NY Fed President Dudley warns the US stock bubble could burst by end of next year, with the AI capex cycle peaking the biggest risk; spot gold breaks above $4,560/oz, up nearly 1% on the day, Hong Kong gold miners rally; UN calls on Gulf parties to return to negotiations, Iraq and Switzerland push Iran-US back to the table; UK July retail sales fall and public sector borrowing misses expectations.
Nvidia is reportedly in talks with AI chip maker Rebellions over a potential deal, while HSBC raised its price target to $360; Eurozone August PMI flash readings were mixed as French and German manufacturing beat expectations but services weakened; US-Iran dynamics show "de-escalation and pressure in parallel" with Israel seeing lower odds of short-term military confrontation while Washington weighs the harshest sanctions.
Gold breaks above $4,580 to hit a fresh stage high, up 1.4% on the day; UBS raises S&P 500 year-end target to 8,100; UK August services PMI hits a six-month high; Iraq unveils a six-year plan to lift oil output to 8-10 million bpd, WTI slips below $86.
Gold broke above $4,600 intraday for the first time since May 15, up 1.8% at the peak; EUR/USD hit a three-month high of 1.1711; Japan allocated another ¥150 billion to chip startup Rapidus; JPMorgan and Goldman slammed the Treasury's "short-for-long" debt rescue strategy.
BMO initiated coverage on four major semis (NVIDIA, AMD, Marvell, Micron) with Outperform ratings and targets of $340/$550/$250/$1300 respectively; WTI crude touched $87 intraday with Brent at $92.63; Hang Seng quarterly review expands constituents from 93 to 95, adding Hua Hong and Weichai Power.
Spot silver reclaimed $70/oz for the first time since June 17, up 2.82% intraday; gold accelerated to 4597.82 (+1.74%); NVIDIA to pay AI startup Poolside $6B in a licensing and talent-hiring deal; markets focus on Warsh's Jackson Hole speech next week.
NVIDIA reportedly in talks to invest in data-center power developer Cloverleaf Infrastructure, potentially announced Friday, and in talks with AI chip maker Rebellions for a potential deal; Apple pays $17B to Ireland after court ruling on back taxes; Gold up nearly $600 in three weeks, flashed $20 lower this hour while the dollar index ticked up to 98.76.
The dollar softens and the Korean won hits a near one-year high, with the dollar index hovering around 98.8; Russia strikes an oil tanker near Odesa and hits a cargo ship in the Black Sea, escalating the Russia-Ukraine conflict; Oman's foreign minister will visit Tehran on Tuesday for Hormuz talks; WTI crude falls 1.34% to $85.15 while gold gains 0.80% to above $4,640; Fed Chair Warsh is characterized as a supply-side pessimist who may reduce the use of forward guidance.
Goldman warns its $4,900 year-end gold target is "too conservative," as options hedging chain reactions become a forced accelerator for the price; Deutsche Bank "calls out" the US Treasury's aggressive buybacks as soft financial repression, with the dollar exchange rate set to "foot the bill"; the Strait of Hormuz is "blockaded but not closed," with institutions warning the US-Iran conflict could extend into 2027; Japan and Korea stocks close lower with the KOSPI tumbling 3.12%; US August composite PMI hits a four-year high as S&P forecasts Q3 GDP could reach 3%.
US-Canada trade talks collapse with new tariffs effective over the weekend, pressuring the Canadian dollar; an oil tanker is struck by an unknown projectile off Yanbu, Saudi Arabia, as Iran escalates its threat to police Hormuz traffic; Japan's JGB auctions next week become the new test for US Treasury yields; European equities open lower with AI and semiconductor names under pressure; Samsung's H2 DRAM output ramp may miss expectations.
US-Canada tariff talks collapse, US blames Canada for last-minute demands; US Treasury set to expand Iran secondary sanctions as Bessent unveils "largest financial offensive"; gold holds above 4660 while oil retreats.
Trump announces Canadian auto/steel tariffs rising to 50% from 2027, escalating trade tensions and pressuring US equities; US market opens mixed with Nasdaq dragged by memory chips; gold surges 1.36% to $4665, WTI pulls back 1.6%.
Treasury buyback signal flip-flop becomes the focus; Barclays estimates 10Y yield needs another ~25bp higher; WTI crude drops 2.3% with Brent below $89, gold edges lower to 4626; Germany's August IFO business climate at 88.8 beats expectations, European semis rebound.
US moves to redeploy diplomats to Middle East embassies, de-escalation expectations rise and risk-premium unwinds; WTI crude drops ~3% intraday below $82, Brent falls to ~$88; Pakistan's army chief makes a lightning visit to Iran amid a US "unfreeze for strait reopening" proposal; Zelensky sets a peace window until late summer 2027.
US equity futures are higher with memory/storage names rebounding pre-market, Nasdaq 100 futures up about 1%; Trump announces 50% tariffs on Canadian autos and steel from 2027, trade friction escalates; Russian military reportedly strikes cargo ships and tankers in the Black Sea as Middle East tensions persist.
EIA weekly report: crude inventory build far below expectations with big draws in gasoline and distillates, SPR at lowest since 1982; dual Black Sea and Red Sea geopolitical disruptions lift oil, WTI up 1% intraday; Iran says hostile media could be treated as military targets; Meta reaches $16.7B settlement in child-addiction lawsuits.
Russia strikes Ukrainian oil refining and logistics facilities, geopolitical risk persists; Jackson Hole symposium opens today, BOJ deputy governor signals faster hikes possible; JPMorgan raises NVIDIA target to $320; Kuwait and Qatar oil exports via Strait of Hormuz back to 70% of pre-conflict levels.
Hormuz Strait oil flows recover to roughly three-quarters of pre-conflict levels as smaller producers join "shuttle shipping", dragging WTI down over 1%; US Q2 GDP revised at 1.5% in line with expectations; Morgan Stanley raises NVIDIA target to $300; "de-rating" anxiety builds in Treasuries, with disorderly yield rises ranked as the second-biggest risk behind the AI bubble.
Spot gold plunges 3.2% to $4,454 with oil roughly flat; Iceland referendum opponents lead narrowly, likely to reject restarting EU accession talks; Iran's Supreme Leader calls for regional unity.
Russia says its military has begun preparing large-scale strikes on Ukraine's energy infrastructure, raising supply risk; Iceland's referendum confirms rejection of EU accession talks; new settler violence in the West Bank; Cambricon unit Enflame gets SSE STAR Market IPO approval and starts roadshow; Chinese state-owned giants post interim results.
Swiss May CPI surprises to the downside; Israel expands military operations in southern Lebanon; BOJ considers June rate hike
ECB Lagarde speech imminent; UNIFIL soldier killed in Lebanon; RBA signals more rate hikes; Gold pulls back to 4461
OPEC+ rejects UAE quota reallocation; Zaporizhzhia nuclear plant attacked; Global central banks net bought 17t gold in April; BOJ Governor turns hawkish; Iran fund unfreezing enters final stage
Russia warns of full oil supply shortage; US AI layoffs hit record high; Israel-Lebanon ceasefire but tensions persist
Nasdaq 100 futures drop 1.3% to intraday low; multiple firms raise Broadcom targets; Israel defense minister hints at Lebanon peace path
Gold surges past $4,500 to record highs; crude oil plunges 4% below $94; Broadcom pre-market drops 15%; Israel withdraws from southern Lebanon
US May CPI hits 4.2% 3-year high on soaring energy; OPEC output at lowest since 2000; SpaceX mega-IPO draining equity liquidity
Iran drones targeting Strait of Hormuz merchant ships downed by US military; US bans foreign access to AI models Fable 5/Mythos 5; Trump announces killing of Aragua Train leader
Iran FM accused of compromising negotiation stance to appease Trump; US announces $4B military loan to Poland; 216 errors found in Japanese nuclear plant review
Weekend market closed, prices unchanged; Lens Tech acquires Tongsheng Optoelectronics for optical comms push; markets await Iran-US deal final text
US-Iran MOU text leaked: mutual non-interference; Iran seals uranium stockpiles with mines to deter US seizure; US military shoots down Iranian drones targeting Hormuz shipping
US-Iran deal shifts to remote signing, Geneva meeting postponed; Iran FM faces domestic hardliner accusations; Musk becomes world's first trillionaire
Israel issues mandatory evacuation orders for 20 Lebanese towns, declares action against Hezbollah; Cathie Wood dumps AMD for SpaceX; Russian port hit by drone strike
Suspicious military drone spotted in Lithuanian airspace, NATO jets scrambled; US-Iran deal shifts to remote signing; Israel conducts second airstrike on Lebanon's Jezzine
Lithuania airspace incident confirmed as weather balloon; Israel issues evacuation orders for 20 Lebanese areas; Iran hardliners say confrontation with US will not end; ECB's Nagel warns inflation will persist
Lebanon PM and FM jointly pressure Hezbollah, demanding demilitarized south and severed Iranian ties; Pakistan FM welcomes US-Iran peace progress; Poland to end fuel price caps in summer; Indian Air Force transport crash kills 5
Iran announces Khamenei funeral schedule (July 4 Tehran); Hezbollah drones strike IDF vehicles, Lebanon-Israel clashes escalate; US capital pursues Venezuelan oil fields, Lionheart Capital plans $1B IPO
Pakistan PM says Iran deal to be finalized within 24 hours; tanker hit near Oman; Israeli air raid alarms频响; F&G index at 34 in Fear zone
Trump says Iran deal possible this weekend or Monday; IDF strikes 70+ Hezbollah targets in southern Lebanon; oil down ~3% this week; peace talks and military escalation run in parallel
Iran-US MOU signing timeline dispute emerges; Zaporizhzhia plant restored power after attack; Iranian banks hit by tech outages; Hezbollah-Israel clashes continue in southern Lebanon
EU and ECB welcome US-Iran deal; Israeli security minister rejects deal authority; southern Lebanon airstrikes resume despite ceasefire
Finland president confirms US-Iran ceasefire; Israel defense minister refuses withdrawal; Lagarde warns of second-round inflation; Japan/Korea stocks close at records
BOJ hitches to 31-year high; Fitch warns APAC credit outlook deteriorates; Hormuz reopening pressure on oil
WTI crude falls below $74 as US-Iran deal reshapes oil narrative; semiconductor stocks surge pre-market; Israeli FM severs EU diplomatic ties
Pentagon hardline warning on Iran, WTI drops below $74; JPMorgan warns chip stock volatility could trigger VaR shock; Southbound funds net sell 6.8B
US-Iran MOU text officially released, 60-day window for final deal; UK Bank of England rate decision imminent; first LNG tanker passes Strait of Hormuz; Stifel raises Micron PT to $1,500
US-Iran Switzerland talks officially launched; Iran insists Hormuz reopening tied to Lebanon ceasefire; Israel refuses to withdraw from Lebanon security zone
WTI crude drops below $76; Fed hawkish pivot triggers massive carry-trade unwind; Shanghai silver crashes 6%
Gold drops 1.7% to 4121; Deutsche Bank sees Q3 target 4300; Korean stocks crash 6% triggering circuit breaker; Alphabet loses $225B in market cap
Nikkei breaks below 71000, down 2%; CATL launches first utility-scale sodium-ion storage solution; Tencent reportedly exits game studios; Gold rebounds to 4135 from lows
US Q1 GDP revised up to 2.1%; May PCE back above 4%; Tesla expands Berlin plant output by 20%
KOSPI crashes 8% triggering circuit breaker; IAEA reaches Iran inspection deal; Narita Airport closes runways after earthquake; Gold below 4010, oil down over 1.4%
US-Iran conflict escalates as IRGC strikes US military facilities in Kuwait and Bahrain; Gold breaks 4080, oil drops to 70
US June NFP due tonight at 20:30 CST, expected to drop to 110K; Meta's AI compute sell-off sparks chip selloff; US-Iran Doha talks focus on Strait of Hormuz
Spot gold breaks above $4070; Japan shifts to surprise intervention targeting yen shorters; domestic crude futures plunge over 5%
Non-farm payrolls tonight, Asia-Pacific markets plunge, Russia launches massive air strike on Ukraine
Gold rebounds to 4180 after weak NFP; China June services PMI slows to 54.1; HK AI stocks surge with Zhipu up ~15%
Japan may shift to stealth FX intervention; Infineon's €5B power semiconductor fab opens early; A-share robotics stocks surge with Estun up 23%+; M6.3 quake hits Halmahera, Indonesia
US DOJ formally rejects ICC jurisdiction over Americans; Trump reshapes alliances via AI leverage and presses NATO on defense spending; DAMO Academy AI agent discovers 4 new superconducting materials; Chinese gold jewelry prices jump ~30 CNY/g in one day
Gold surges 1.17% past 4170; ECB's Muller confirms rate hike stance; Iran announces full closure of Tehran airspace on July 6 for Khamenei funeral; Monaco attack suspect identity revealed
Gold surges 1.34% approaching $4,200, strategist sees 'easy path to $5,000'; US oil majors' Q2 profits may hit multi-year highs, risking Trump's fury; Japan spring wage talks conclude with 5%+ hikes for third straight year, paving way for BOJ rate hike
Gold surges 1.18% past $4,174 as Iran's Khamenei funeral begins; Washington D.C. Independence Day parade cancelled due to extreme heat; Samsung plans 20% Q3 DRAM price hike
Gold approaches 4200; US-Iran ceasefire deal details revealed, Supreme Leader was hesitant; Iran warns external powers not to create crisis in Strait of Hormuz; ECB official says inflation data favorable
US-Iran peace deal floods oil market with supply, reigniting global surplus fears; gold breaks above 4170 to new intraday high; next US-Iran talks set for July 11
Trump to deliver 250th Independence Day speech; Putin invites Trump to Russia and briefs him on battlefield; US-Iran ceasefire holds until Khamenei funeral concludes. Gold surges 1.18% to $4,174.
Khamenei funeral diplomacy in full swing with multiple delegations meeting Iran FM; China-Russia announce Joint Sea-2026 drills; Trump attends US 250th anniversary celebration, previews evening speech; Nomura says memory chip supply remains critically tight, AI demand not peaking
OPEC+ agrees in principle to raise output by 188k bbl/day from August; Hormuz Strait tensions escalate with ships diverting from Oman route; Anthropic plans $15B Australia data center investment
Gold breaks above $4,170 to new highs, Red Sea cargo ship distress incident heightens geopolitical tensions, Iran's new Supreme Leader remains absent from public view, Nasdaq tech ETF halted due to premium
US-Iran talks paused for one week, no hostilities until Khamenei funeral; Iraq signs two-field management deal with Halliburton; OPEC+ seven nations implement 188K bpd output adjustment
Gold breaks above 4170 to new highs, Israel PM refuses Supreme Court ruling triggering constitutional crisis, Iran resumes maritime trade with Qatar
Gold dips to 4150 as JPMorgan slashes target to 4500; SK Hynix files record $29B US IPO; NVIDIA Kyber NVL144 delayed over 12 months to 2028
Gold breaks below 4150 as JPMorgan slashes price target to $4500; SK Hynix $29B US IPO incoming; Xin Fengming H1 profit expected to double
Samsung profit surges 19x yet stock plunges 8%, KOSPI crashes 6% triggering circuit breaker; Shanghai Composite loses 4000; Iran missile attack on Hormuz vessels; PBoC expands Bond Connect Southbound to 800B yuan
KOSPI crashes 7% triggers circuit breaker as Samsung's record profit meets sell-the-fact rout; Iran missile strike on commercial vessel in Strait of Hormuz escalates geopolitical risk
Trump visits Turkey to discuss F-35, trade, and military cooperation; Fed's Williams says inflation still too high, no forward guidance; US May trade deficit hits largest in over a year; Saudi-UAE bank transfer delays signal financial friction
Iran shoots down US drone and announces strikes on 85 US military facilities as US-Iran tensions escalate sharply; Trump admin lifts restrictions on OpenAI GPT 5.6; A-shares V-shaped rebound with STAR 50 up 3%
South Korea's KOSPI nears bear market with 6% intraday plunge; US-Iran conflict escalates sharply, ceasefire on the brink; 63M barrels of Iranian crude stranded at sea
KOSPI plunges 5.35%, confirms technical bear market; Iran Foreign Ministry issues multiple statements condemning US for violating temporary agreement; Bahrain air defense sirens for third time today; DXY falls below 101.
Trump voids US-Iran ceasefire, oil surges 2.5%; Alibaba soars 14%; Warsh comments cool rate hike bets; gold drops 1.3% against geopolitical backdrop
Gold dumped below 4080, WTI crude surges 2% on US-Iran tensions; NATO summit pledges €70B Ukraine aid and discusses Strait of Hormuz demining; Trump declares Iran ceasefire deal dead
Sugon's 100K-card domestic AI supercluster goes live; US-Iran technical talks continue but ceasefire is dead on paper; China upgrades maritime disaster alert for Fujian and Zhejiang.
Iran warns of retaliation against Israel, Middle East tensions spike; IEA warns next year's oil surplus thesis may be overturned, crude rebounds over 1%; BOJ to adjust economic outlook, paving way for July hold
Trump agrees to continue Iran talks but declares ceasefire over; gold plunges $35, oil spikes $2; Ukraine strikes multiple Russian oil facilities; France demands Iran open Hormuz Strait at UNSC
US launches third round of strikes on Iran; IRGC missiles hit commercial vessel in Strait of Hormuz; Oman mediation collapses, US resumes sanctions and maritime blockade; Ukraine claims hitting 21 Russian oil tankers
US-Iran conflict escalates sharply: US completes 3rd round of strikes this week, Iran retaliates across Bahrain, UAE, Qatar, Kuwait; Gold settles at $4,119 record high; Qatar raises security threat level
US strikes Iran for third time this week, Hormuz shipping collapses; WSJ survey shows recession probability drops to 25%; multiple Nasdaq ETFs issue premium risk warnings
Strait of Hormuz tensions escalate sharply as Trump vows US dominance while Iran refuses to back down; WTI crude surges 3.18% to $73.70; Intel announces €5B Ireland fab expansion
Iran's Bushehr city hit by enemy shelling as Middle East tensions escalate; Hormuz Strait shipping near-halt drives Asian refiners to US crude, WTI surges 2.8% toward $80; KeyBanc raises Arm/NVDA/Micron price targets
Iran attacks Kuwaiti oil facility causing casualties — the first direct strike on Gulf oil-producing infrastructure in this conflict; WTI crude surges 3.6% past $82, gold breaks above $4,000; Germany raises security alert to highest level.
US-Iran conflict enters its 8th night as Iran claims strikes on US bases in Kuwait, expanding the conflict to a third Gulf nation for the first time; spot gold surges past $4,000 to an all-time high, WTI crude spikes 3.6%; US State Department issues global security alert, Israel exchanges fire with Hezbollah in southern Lebanon.
Middle East tensions escalate: Yemeni missiles strike Saudi Arabia's Jizan and Yanbu regions, Saudi civil defense issues emergency alerts; WTI crude plunges over 5% intraday before recovering to $90.89, Trump says Iran situation progressing well but Iran "not ready" for a deal; Trip.com fined ¥5.179 billion for antitrust violations.
Crude oil plunges, WTI briefly breaks below $80; Asian tech stocks stage violent rebound with KOSPI surging 18%; BOJ holds steady but hawkish member backs consecutive hikes; SNB posts H1 profit of CHF 25.2B
Gold pulls back 1.21% to $4,054 on monthly close day; Brent crude above $88. Novo Nordisk drops 8.3% premarket on ZEUS Phase 3 update; Jefferies cuts Apple PT to $285.56. BoE's Pill warns of energy volatility and second-round effects; EU AI Act enforcement begins Aug 2.
Trump says Iran requested delay of attack, agrees to cancel strikes in exchange for a deal; Japan officials: Finance Minister to announce Monday US-Japan coordinated intervention to curb yen depreciation; Visa plans to lay off 2,600 employees driven by AI adoption and cost cuts. Gold drops 1.46% to $4,043, WTI crude surges 2.88% to $85.
CNN analyzes that US-Iran deal framework does not address ending nuclear threat; Strait of Hormuz transit details remain vague. Week ahead: Non-farm payrolls and earnings reports to move markets; US-Japan to officially announce coordinated intervention on Monday. Hyundai and Kia sell over 100,000 EVs in Europe in H1. Gold at $4,043, oil at $85, US stocks closed mixed on Friday.
OPEC+ raises September production quota by 188K bpd, fully offsetting 2023 cuts. US-Iran positions remain unchanged with conflict risk persisting. Next week brings NFP week, China CPI and trade data. Qinghai Xinghai County hit by 4.8 magnitude earthquake. Dongwu Securities analyzes US consumer credit delinquency near record highs but not indicating comprehensive deterioration.
Trump called off new Iran strikes, WTI crude plunges 7.3% to $78.85; China July Manufacturing PMI slows to 50.9; US ISM Manufacturing PMI expected at 54 tonight at 22:00 CST. Japan Manufacturing PMI final 54.5, South Korea 53.1; HKEX launches 5-year CNH bond futures. Fed's Wash proposes reducing FOMC meetings from 8 to 6 per year.
A-share ChiNext up 4.83% at midday, computing power stocks surge; memory chip price hikes across the board — SK Hynix & SanDisk release HBF standard, TrendForce expects Q3 PC DRAM up 15-20%; Trump claims US-Iran negotiations underway, oil rebounds 1.35%; $30T Treasury market volatility rising.
US-Iran negotiation draft circulating among parties but no set agenda; US military depleting significant long-range precision missile stockpiles in Iran conflict; Trump pressures oil majors to lower prices; Syria agrees to cut Russian oil imports in exchange for US terrorism designation removal.
SpaceX drops 10%+ pre-market on AI spending concerns; gold surges past $4,160 up 2%, geopolitical risk premium rising; Iran warns Hormuz Strait won't open even with a deal; EU allocates €1.4B to Ukraine from frozen Russian assets. Japan Finance Minister Kataoka makes multiple statements, cabinet approves 2-year food sales tax reduction, US Treasury Secretary pressures Japan to hike rates.
Fed internal divergence intensifies: Daly warns inflation may become persistent, Warsh bets on AI productivity to open room for rate cuts. A-shares midday: ChiNext down 0.67%, Hang Seng Tech falls 2%; gold hits 4300 then retreats to 4265. Indonesia nickel quota surge pressures SHFE nickel down over 2%.
Gold surges 1.79% to $4,316, hitting new high since June 18; silver jumps 5% to $64.60. BofA warns market sentiment at most extreme bullish level since 2021, advises reducing risk exposure. Trump says AI is more important than oil and bigger than the internet; comments on Fed rate decisions. WTI crude falls 1.3% to $76.36 as geopolitical tensions persist.
US July NFP data coming tonight; Wall Street expects 75-80k new jobs, unemployment rate split 50/50 between 4.2% and 4.3%. Gold surges 1.8% to $4,316; crude oil drops nearly 2%. BofA bull/bear indicator hits highest since 2021, a contrarian warning signal.
Yemen's Houthi forces attack Saudi Aramco Jazan refinery, geopolitical risk rising. Hong Kong heat hits record high since 1884, typhoon Dolphin influence. RBA expected to hold rates next week, inflation risk in focus. Gold surges above $4,341, up 2.37%; WTI crude falls to $76.35.
Iran seizes 12 vessels near Bandar Abbas; Hormuz Strait remains closed, geopolitical risks escalate. Russian forces capture two towns in eastern Ukraine; Russia-Ukraine war intensifies. Apple deletes Apple Intelligence integration doc with Alibaba Qianwen; China AI partnership uncertain. Gold pulls back 2.37% to $4,341; WTI crude falls 1.32% to $76.35.
Iran's IRGC declares it will maintain control of the Strait of Hormuz until enemies accept all conditions; Three Netanyahu advisors suspected of leaking classified info to Qatar; US-Japan joint FX intervention aims to prevent yen depreciation spillover risks. Gold drops 2.37% to $4,341; WTI crude falls 1.32% to $76.35.
Iran's Supreme Leader Mojtaba holds talks with President Pezeshkian; Rezaei appointed as Supreme Leader's representative to the Supreme National Security Council. Netanyahu responds to US 15-point Gaza plan, saying some ideas are acceptable while others are not. Typhoon "White Dolphin" makes second landfall in Zhejiang and weakens.
Houthi forces launched fourth wave of missile and drone attacks on Mocha port killing seven; Hodeida governor survived assassination attempt. Syria and Russia reached memorandum on restructuring Russian military presence on Syrian coast. Hamas senior official reaffirms commitment to Cairo roadmap.
Berkshire Hathaway ends 14 quarters of net selling, net buys nearly $20B in stocks in Q2; SK Hynix invests $38.4B in Korean wafer fabs for AI memory demand; ChiNext falls over 2% in morning session, crude oil drops 2%.
Iran and Oman reach consensus on Hormuz Strait shipping route map, but no direct talks with Washington; Ukrainian drone strike on Russian petrochemical hub Nizhnekamsk kills 12; Market odds of Bank of Japan September rate hike rise to 66%, JGB yields climb; Spot gold briefly breaks $4,360 then pulls back, WTI crude falls 1.46%.
Microsoft announces Maia 300 AI chip for September release with 300k+ TSMC capacity; WTI crude surges 4.5% to $79.8, Brent above $85; USD/JPY hits 159, half of joint intervention gains erased.
US-Iran tension shows signs of easing as Pakistan reports both sides "close to reaching an arrangement"; Deutsche Bank expects US July CPI YoY growth to decline ~0.1%; German Transport Minister convenes crisis meeting over fuel price surge; US NFIB Small Business Optimism Index rises to 99.8; US stock futures tick higher pre-market.
Iran's IRGC announces shift to "offensive military doctrine," claims daily missile production exceeds launch rate; Market front-runs CPI cooldown, gold hits new high above $4,412; Emerging market stocks strengthen as AI infrastructure earnings boost risk appetite.
US July CPI meets expectations across the board, core CPI drops to 2.5%; Gold swings wildly: dives $50 post-CPI then rebounds to $4,437 record high; NATO allies convene meeting on airspace violations of Poland and Romania.
US July Core CPI comes in at 2.5% YoY, the smallest increase since February, in line with expectations, reinforcing expectations that the Fed will hold rates steady in September. Gold breaks above $4,400, US stocks open higher, SMCI up 9%, Coreweave surges 22%. NATO condemns Russian airspace violations of Poland and Romania; Rhine water levels threaten barge shipping.
EIA crude oil inventory surges 17.42M barrels, far exceeding expectations, largest weekly build since January 2023. WTI oil under pressure. Trump claims full US control of the Strait of Hormuz. Tencent Q2 earnings show AI products contributing 10.5B yuan to profit, ADR drops ~4%. Google launches Pixel 11 series with price hikes due to memory shortage. JPMorgan warns Fed against forced tightening.
Anthropic to acquire AI startup Decart for $6B; Tencent Q2 revenue 204.8B yuan +11% YoY, cash flow turns negative due to computing prepayments; PBoC signals incremental policy measures; US July deficit surges 48% YoY; Gold flat at $4,408, Oil down 0.5%.
US Dollar Index breaks above 100; Japan 30Y bond yield hits 4.000%; silver falls below $65; China carbon market cumulative volume exceeds 9.3 billion tons; Shanghai issues computing vouchers to support private enterprise; Capital Economics warns Korea semiconductor boom may cool within two years.
Gold pulls back to $4,384, WTI crude falls below $81; Ukraine strikes Russian oil refinery in Bashkortostan; Reuters poll shows 57/69 economists expect ECB rate hike to 2.50% in September; JPM raises Microsoft target to $625.
Fed's Barkin delivered dense remarks citing labor market fragility and opposing excessive forward guidance; Markets no longer fully pricing a Fed rate hike this year, US bonds rally across the curve; Databricks closes $5B raise at $190B valuation; gold dips below $4,360 then stabilizes.
Israeli airstrike in southern Lebanon kills 7; South Korea fires chief US trade negotiator; Indonesia 7.7 earthquake kills at least 20; Gold rises to $4,375, WTI crude up to $81.5.
NVIDIA's 13F reveals $21B SpaceX stake, its second-largest holding after Intel; Romania shoots down drone violating its airspace amid ongoing geopolitical tensions; Korean short interest keeps rising despite chip stock rebound.
Duan Yongping trimmed NVIDIA and Google positions in Q2, initiated Alibaba stake; Iran claims 3 pilots detained by Qatar; Qatar denies; FT poll shows majority of US voters feel worse off under Trump.
Indonesia 7.7 earthquake death toll rises to 53, IDF kills senior Hezbollah commander, Hamas delegation in Cairo for Gaza talks, Ukraine strikes Russian missile fuel facility, Nasdaq ETFs halted due to excessive premium.
A ship was hit by an unknown projectile in the Strait of Hormuz causing crew casualties, oil complex surged; "Bond King" Gundlach warns of risks from AI-chip securitization; UBS bullish on US stocks, eyeing Nvidia earnings and Jackson Hole; BOJ may accelerate rate hikes, Nikkei fell 2%.
Bond selloff pushes long-term borrowing costs to multi-decade highs, with 30Y Treasury yields at the highest since 2007; another ship reported hit in the Strait of Hormuz, geopolitical risk escalating; Nvidia says OpenAI has committed to large-scale deployment of Nvidia AI infrastructure by 2030; El Nino likely to become the strongest on record.
UK labor data disappoints, unemployment holds at 4.9%, GBP slides; bond selloff extends, German 10Y yield hits highest since 2011; Asian equities slump, Nikkei closes down 2.54%; Houthis force closure of Red Sea port of Mocha, Trump threatens to strike Oman; Taiwan power semiconductor makers eye third round of price hikes.
Bond selloff spreads to the eurozone, German 10Y yield hits 3.2478% - highest since 2011, 30Y bund sale looming; Brent breaks above $90, Houthi drone attack on Saudi Aramco's Jazan refinery reported; US stock futures fall on higher yields and oil prices, Korean stocks snap five-day winning streak.
Iran reaffirms the Strait of Hormuz will not reopen until US lifts oil blockade and sanctions; Houthis attack a Saudi Aramco refinery in Jizan. Global long-dated bonds sell off across the board, eurozone yields hit multi-year highs as fiscal discipline faces a market verdict. Hang Seng +0.07%, Hang Seng Tech -0.9% with Zhipu crashing over 13%; SoftBank plans a record $6.3B retail bond sale in Japan.
Iran's parliament speaker hardens the Strait of Hormuz stance, listing concrete preconditions including unfreezing assets, lifting oil sanctions and halting military threats. Russia-Ukraine conflict escalates: Russian strike on Odesa port fuel tanks, missile attack in Kharkiv kills 10, Russia claims advances in Donetsk. Xiaomi Q2 revenue -6.1% YoY, adjusted net profit -42.6%; US memory-chip stocks fall sharply in premarket.
US 10-year Treasury yield rose to 4.75%, the highest since January 2025, with a global bond selloff pressuring risk assets. Emerging-market stocks ended a four-day winning streak as the MSCI EM index fell 0.7%. Trump called the Strait of Hormuz a "new US territory", drawing a sharp response from Iran's deputy foreign minister, reigniting geopolitical risk; BofA's fund manager survey flagged the AI bubble as the biggest tail risk.
Spot gold fell 1.14% to $4,366; Russia-Ukraine tensions escalated as Russia warned the UK of "deliberate escalation"; S&P affirmed NVIDIA's "AA" issuer credit rating; Cleveland Fed survey showed inflation expectations eased to 3.3%.
Middle East tensions escalate: NATO intercepts Iranian ballistic missiles, Iran warns Gulf states against aiding US forces; over 80% of tankers reroute via Oman to bypass the Strait of Hormuz; JGB selloff pressures fiscal expansion. Gold and oil rally in tandem.
Moderna surges over 100% premarket as the melanoma vaccine co-developed with Merck hits primary endpoint in a late-stage trial; Nebius plans $4.5B convertible notes for data centers; gold hits intraday high ahead of the Fed minutes.
Gold surged about 2% in the hour and cleared $4,400, with the dollar index falling to an 11-week low; Marvell inked a custom chip deal with Google and jumped 11% premarket, pressuring Broadcom; the US Treasury at least doubled the size of its long-end buyback operations.
Gold slips 0.91% to 4481.83, dollar hovers near 3-month low; Hormuz risk pushes tanker rates to highest since 2008; US military updates Iran casualties at 18 dead, 757 wounded.
US Treasury doubles long-bond buybacks to $4B as federal debt tops $40T, intensifying a tug-of-war with the Fed over interest-rate policy; Iran's top security council secretary urges withdrawal from the NPT, stoking geopolitical tensions; Japan and Korea stocks surge as the Asian semiconductor supercycle narrative strengthens.
China kept LPR rates unchanged in August, with monetary policy on hold; Sweden's Riksbank held rates at 1.75% for the 12th straight month and reaffirmed the possibility of a hike later this year; Iran's inflation surged to 89% with food prices up 164%, and talks with Oman on Hormuz transit are near conclusion, keeping geopolitical and oil volatility alive; WTI crude reclaimed $85/bbl.
Trump again blasted a "politicized" Fed, saying "good data should mean low rates"; US national debt topped $40 trillion, Treasury buyback expansion drew credibility questions, and the dollar came under pressure. Iran standoff lifted oil, with Brent and WTI hitting highs since July 24, while gold pulled back 0.74% from highs.
Alibaba's earnings were mixed: revenue up 9% YoY, cloud AI revenue growth accelerating to 45%, but net profit down 75% YoY and capex up 75%, with shares down over 4% pre-market; Futu Q2 trading volume up 78.8% YoY, pre-market +10%; Ukraine struck Russian oil refineries, WTI surged 2.66% in an hour.
Quant funds suffer worst single-day performance in two years, with Goldman Sachs and Morgan Stanley both flagging abnormal systematic strategy moves; Iran's "economic war" plan against the US exposed, targeting Yanbu and Fujairah transshipment terminals, Brent above $92; Russia's gold reserves fall to pre-pandemic levels, down 1.6 million ounces from the start of the year.
Trump announces "harshest economic action in history" against Iran while Hormuz shipping traffic slows to single digits, reinforcing oil's geopolitical premium; spot silver touches $69/oz, up 1.35% intraday with A-share precious metals rallying; Pop Mart hit by same-day target-price cuts from Citi, HSBC and CMB International, which recommends "Sell"; yen intervention shows a "reverse effect" as five trillion yen heads offshore, reviving carry trades.
Gold surges nearly 1.9% to break above 4600 as geopolitical risk heats up; Iran's FM says new US sanctions have no basis in international law; eight Middle East foreign ministers jointly condemn Israel's settlement policy.
Ukrainian drones struck the Ozon logistics hub in Samara Oblast for the first time, setting the ~135,000 sqm facility ablaze and prompting Ozon to suspend operations indefinitely. Iran's parliament speaker said Tehran received information from neighbors about establishing a "new security arrangement and economic cooperation," while recovery of the South Pars Phase 14 refinery is 70% complete. China's Ministry of Water Resources activated a Level IV flood response for Guangdong, Guangxi and Hainan.
Iran's deputy parliament speaker said the Gulf states' new oil pipeline is aimed at "weakening" the strategic importance of the Strait of Hormuz, calling any attempt to lower oil prices a hostile act and urging Iran to block such pipeline construction. Parliament Speaker Qalibaf condemned US bullying and called for a regional security order built locally. The IDF continued counter-terror operations in southern Syria, and Hamas made clear it will not take part in elections in its own name.
Iran's defense ministry spokesman said weapons and defense equipment output doubled over the past year, reinforcing the arms buildup narrative; Bulgaria's defense minister said a US KC-135 tanker left the Bezmer airbase. Gold holds firm near 4603, WTI edges up; US markets closed for the weekend with thin trading.
Gold broke above $4,600 on Friday, up nearly 2% in a single day, with safe-haven flows persisting; Middle East geopolitical risks are escalating as Chile announced it will close its embassy in Iran on Aug 31; WTI crude held above $86.
Iran's Supreme National Security Council secretary said Iran shipped 70 million barrels of oil in just the past one to two months, a wartime supply signal to watch; US military casualties in the Iran war rose to 774; Syria condemned an Israeli drone strike on a civilian vehicle as geopolitical risks spread.
Multiple EU countries are pushing for an EU-wide windfall tax on oil companies, raising policy risk for the energy sector; The Strait of Hormuz situation keeps escalating as Macron will meet the Saudi Crown Prince in Paris and US-Iran rhetoric heats up; Spot gold surged 1.86% above $4,600 as risk-aversion dominates the market.
Alibaba announced a HKD 80 billion Hong Kong placement; Canada's retaliatory tariffs on the US take effect Sept 8, escalating US-Canada trade tensions; gold surged 1.86% to $4,603 amid rising risk-off sentiment.
Spot gold surged 1.86% to $4,603 while WTI crude rose to $86.30; Iran's Revolutionary Guard says it has prepared responses to US hostile actions, and nearly 200 ships transited the Strait of Hormuz last week; Tropical Storm Iselle formed in Mexican waters, raising crude supply concerns.
Gold rallies in Asia toward $4,640 as ING cites rising concern over the US fiscal outlook; US debt tops $40 trillion for the first time. Kashkari says the Fed won't rescue Treasuries and sees no market dysfunction; Nvidia reportedly told customers of 15%+ price hikes on AI products. WTI breaks below $85 and Brent loses $91; SoftBank plans a record ¥1 trillion retail bond to fund its OpenAI commitment.
Spot gold breaks above 4650 to a three-month high; New York gold futures top 4700, the highest since May. Market focus turns to US inflation data and Warsh's speech. US-Iran tensions escalate: Iran threatens no more oil exports through the Strait of Hormuz and the Persian Gulf, Bessent vows economic war "like Normandy", yet oil falls. Hedge funds step up shorting the dollar ahead of Bessent's fiscal plan details; Samsung's shareholder return plan misses expectations, shares drop 8% dragging KOSPI.
US Treasury may tap ~$1T TGA for bond buybacks; disputed Hormuz oil flow data; IEA warns on European winter gas; spot gold tops $4,660 while oil slips.
Trump threatens 50% tariffs on Canadian autos after US-Canada trade talks collapse; Iran blacklists 45 tankers and Houthis strike a Saudi tanker, igniting a fire, with Hormuz traffic nearly at a standstill; gold surges 1.46% to $4,670 while WTI crude slumps 2%.
RBA minutes turned hawkish, with several members seeing upside inflation risks that may warrant a rate hike; US-Iran tensions escalate as Iran warns 46 tankers; former BOJ board member says the bank must hike, with terminal rate possibly above 1.5%.
Warsh faces mounting pressure ahead of his Friday Jackson Hole speech, with inflation above target for five-plus years, surging Treasury yields, and Treasury intervention in the long end under scrutiny; Citi lifts its near-term gold target to $4,800 while JPMorgan sees a $4,500-5,000 range; Hormuz traffic hits a three-month low as US-Iran tensions support oil.
Only one bulk commodity vessel transited the Strait of Hormuz on Monday, the lowest since May 7, as Pakistan-Iran talks focus on preventing escalation and reopening the strait; Russia's Afipsky refinery caught fire after a drone strike; Druckenmiller criticizes Bessent's US Treasury bond buyback plan as "a wrong decision," while State Street says it "buys time but cannot buy credibility"; domestic Chinese gold jewelry prices moved back above 1,400 yuan per gram.
Huge bearish options trade surfaces in the gold market as prices pull back from a 4700 peak, with Jackson Hole approaching; Tesla raises US Cybertruck prices; RBA minutes show a closer-to-hike stance, pushing the Aussie near 11-week highs; Iran faces domestic fuel shortages with long queues at Tehran gas stations.
Nvidia reports Q2 earnings after Wednesday's close, with options implying a 5.4% move (about $280B in market cap); BOJ core-core CPI rose to 2.2%, supporting a September hike; analysts expect Fed Chair Warsh to clarify the inflation path at Friday's Jackson Hole speech.
China chemical futures hit limit-down across the board and LSFO fell nearly 9% as Iran and Oman resumed talks on temporary shipping lanes, easing Middle East supply fears; Typhoon Shadel upgraded to Level II emergency response; global central bankers gather at Jackson Hole with inflation and high rates as core themes.
Iran's Revolutionary Guard says the Strait of Hormuz will not reopen unless the US accepts its conditions, while reaching an agreement with Oman on revenue sharing; Reuters poll lifts S&P 500 year-end target to 7,900, citing earnings and AI investment; Jackson Hole consensus shifts as global central banks guard against a second wave of inflation.
Meta reaches $18B youth-protection settlement with US states, taking a $10B Q3 legal charge; US July core PCE holds at 3.3% YoY as expected, rekindling September rate-hike pricing; Trump reiterates Hormuz blockade in effect while Iran denies the Oman agreement is finalized.
Market braces for Warsh's Jackson Hole speech with low-volatility bets that may backfire; Trump pushes food-processing reform, JBS/Tyson slide premarket; Hormuz geopolitical tension eases as oil transit recovers, crude down over 1%.
US Chicago PMI plunges to 47.1 in August, sharply missing forecasts; US stocks open mixed with pharma and PayPal sliding while Marvell drops 8%; Chevron and other US energy firms near a deal to invest billions in Venezuelan oilfields; markets fixate on Warsh's Jackson Hole speech on inflation and policy framework.
Fed Chair Warsh's Jackson Hole debut turns hawkish, hinting at a possible rate hike unless inflation returns to 2% "clearly and quickly enough," with September hike odds rising to ~50%; spot gold falls ~$100 from highs to 4530, silver tumbles; Treasury suspends Misr Bank's UAE branch from the US financial system and issues new Iran sanctions; US employment growth revised down again.
Warsh turns hawkish at Jackson Hole, 9-month rate-hike odds jump to nearly 60%, gold crashes over 3% on Friday to $4,454, down 3.24% for the week; OpenAI ends partnership with Cursor after its acquisition by SpaceX, direct access ends Nov 12; WSJ reports US Patriot missile and ATACMS stockpiles in Europe have fallen below critical levels.
Markets closed Saturday; gold and oil hold Friday's closing quotes, gold stabilizing near $4,454 after a steep drop; Japan PM Takaichi's cabinet approval falls to 41%, a record low since taking office, as economic anxiety deepens; Fujian coast guard conducts routine patrol near Kinmen, and China achieves first two-way high-speed Earth-Moon laser communication.
Trump announces a US-Venezuela deal securing "majority control" of over 65 billion barrels of oil reserves; a military mutiny erupts in Niger's capital before authorities regain control; gold plunges 3.2% while WTI edges lower.
Russia extends its diesel export ban through September; Iran's FM accuses US insiders of manipulating energy markets; Ukraine says Kyiv region was hit again by Russian strikes, setting logistics facilities ablaze.
Russian government officially confirms diesel export ban extended to September 30; Ukraine says Russia may be preparing a new ground offensive on Kyiv; gold stabilizes at lows after a 3.2% single-session slump as safe-haven flows stay absent.
Ukraine says a warehouse strike in Kyiv region killed 37; Volkswagen reportedly to cut five-year spending plan to ~135 billion euros; Iran's IRGC dismantles a US-Israel-linked "terrorist cell".
Iraq's Kataib Sayyid al-Shuhada ties weapons regulation to full US troop withdrawal; PC price hikes hit the market ahead of back-to-school season as HP raised prices 15% on Aug 28 and plans another increase Sep 1; OpenAI Codex weekly active usage in Thailand grew over 350x YoY.
The US government will take a 35% stake in a private Venezuelan oil firm, shifting from middleman to direct investor; Venezuela unveils details of a 25-year oil deal targeting output of 1.5 million bpd. Analysts expect the US August nonfarm payrolls report to show +55k jobs (July unexpectedly fell), supporting Warsh's view on the labor market. Markets closed over the weekend; spot gold holds near $4,454 and WTI crude around $82.76.
Russia-Ukraine conflict escalates: Ukrainian forces strike a large oil refinery and an air base inside Russia, raising energy supply risks. Tropical Storm Karina expected to become a hurricane tonight; South Korea names Lee Hyoung-il as new finance minister. Week ahead: US August nonfarm payrolls and the Beige Book will test the market repricing after Warsh's hawkish tone, as G20 central bank chiefs meet.
Fed Chair Waller's speech shifted the prior narrative, with the market's default stance now turning to rate hikes and setting up a bigger test in three weeks. Ukrainian forces struck Russian drone facilities in Oryol and Rostov oblasts and a refinery in Leningrad oblast overnight. NASA's Roman Space Telescope is scheduled to launch Sunday, beginning its dark matter and dark energy mission.
Kremlin says Russian forces are systematically striking Ukraine's military infrastructure, claiming Kyiv's defeat is "approaching every day". Iran's navy commander warns the enemy has "seriously miscalculated the resolve of the Iranian people and armed forces", escalating geopolitical rhetoric. Trump posts criticizing CNN and MSNBC's "death spiral", and announces he will serve as honorary chairman of the golf Presidents Cup.
Barclays says the big three cloud giants capture nearly 40% of AI model companies' revenue; Chinese GPU makers including Enflame head to capital markets next week; Gold fell over 3% on Friday while crude traded in a narrow range.
Trump blasts "runaway fake polls" saying the FCC will act; US military brass warn a large-scale Iran operation is unsustainable; spot gold slides more than 3% on rate-hike expectations. Next week: US nonfarm payrolls, Fed Beige Book, and the G20 central bank governors' meeting.
Spot gold plunges 3.2% to $4,454; Iran's deputy FM says no rush to reopen the Strait of Hormuz as Bessent's "economic blitz" shows limited early results; Trump threatens to complain to the FCC about an NBC host
Trump says he will fill the US Strategic Petroleum Reserve with Venezuelan oil; Shanghai-listed half-year reports close, 2,318 companies post 26.22 trillion yuan revenue in H1; EU says it respects Iceland's choice and remains a close partner
US military takes "limited and precise" action against Iranian mining forces in the Strait of Hormuz and Trump says Iran must never be allowed nuclear weapons, lifting WTI crude over 2%; Trump announces a "largest-ever oil deal" covering 65 billion barrels with Venezuela with the Pentagon taking a stake; China's August official manufacturing PMI rises to 49.8 but stays below 50, while real-estate credit reform extends mortgage terms to 40 years and Chinese property stocks surge to limit-up.
Spot gold broke below $4,400/oz for the first time since August 19, down more than 1.3% intraday; the US military struck Iranian launchers in the Strait of Hormuz, sending WTI and Brent higher, and Trump posted an AI video of Iran's Kharg Island "blown to smithereens"; Trump faces a staff exodus ahead of the midterms and lashed out at Canadian firms to "move to the US immediately."
Iran's Revolutionary Guard claims it shot down a US MQ-9 drone over the Strait of Hormuz, while Trump posts an AI video threatening to destroy Kharg Island, escalating Persian Gulf tensions and lifting oil. Barclays turns hawkish, expecting 25bp hikes in both September and December; the yen breaks below 160, stoking intervention fears.
The Iran-US conflict escalates into kinetic action: Iran confirms it struck a US base in Jordan, drones hit the UAE's Al Minhad Air Base, and a tanker was hit by mines in the Strait of Hormuz, pushing oil above $84.5. Asian refiners pivot to Argentine crude amid Middle East supply disruption; gold slips as Fed hawkishness dominates.
Mideast tensions escalate — Iran says Kharg Island oil operations continue, Hormuz shipping falls sharply, oil up over 2%; BOE governor warns AI could trigger a financial crisis; Warsh's hawkish tone hits risk appetite, EM assets slide, Sept rate-hike odds at 60.4%.
US-Iran escalation: US warships, jets and helicopters closely monitoring the Strait of Hormuz, ready to strike Iranian forces; oil holds gains above 2% at 84.6 after supertanker mine strike. China Aug manufacturing PMI rebounds to 49.8% but still in contraction. EUR/USD breaks above 1.16.
Warsh's hawkish Jackson Hole debut flips expectations — Barclays now sees two Fed rate hikes this year (Sep & Dec), Sept hike odds jump to 60.4%; Russia announces large-scale energy strikes on Ukraine amid renewed US-Iran clashes, sending European TTF gas +5.1% to a 3-month high; WTI & Brent extend gains past +3%, Brent above $90.6.
Iranian drone attack on the UAE intercepted by air defense; UAE condemns it as a dangerous escalation and reserves full right to respond, with Jordan among states voicing support — Gulf conflict risk spikes; France's 10Y yield hits a post-Nov-2008 high of 4.15%; PG&E down 9.8% premarket after California revises wildfire liability legislation.
Oil pulls back as Dubai flights to Iran's Bandar Abbas resume after 6 months, cooling Hormuz closure fears; Saudi Arabia seeks ~$8B new loan on war fiscal strain; European bond yields hit multi-year highs, France 30Y highest since Sep 2008 at 4.9274%.
US-Iran conflict widens: US strike on Iran's Larak Island kills 2, Iran drone intercepted over UAE airspace; Barclays reverses no-hike call, now sees Fed hikes in Sep & Dec; AMD+Cisco+Humain to deploy up to 250MW of AI infrastructure.
NVIDIA to invest $3.5B in MediaTek, joining NVLink Fusion ecosystem for AI edge-to-cloud; Trump vows response to Iranian missile attack, declares Iran 'dead'; US 10Y Treasury yield hits 4.75%, highest since Jan 2025.
US stocks open lower, Intel +1.8% on SK Hynix cooperation talk; US military denies tanker hit a mine in the Strait of Hormuz, Iran warns of a response 'dozens of times' bigger; OpenAI ChatGPT ads hit $1B annualized revenue, MediaTek's $3.9B convertible bond draws Alphabet.
Treasury Sec. Bessent's dense remarks: aligned with Fed Chair Warsh on bonds, can't change the bond market's equilibrium price, expects oil to fall; US overnight airstrike death toll in Iran rises to 3; US August Dallas Fed manufacturing index beats big (11.6 vs 1.3 prior).
Citi pushes back Fed rate-cut expectations to June 2027 after a blowout NFP report, reigniting rate-hike bets; Tesla's Cybercab launch underwhelms, shares extend losses to 6.3%; US expands Iran sanctions (Turkish bank + three entities) while diesel prices hit record highs — next week's CPI becomes the market's single focus.
US-Iran Hormuz crisis escalates with Saturday ultimatum; Apple sues OpenAI for trade secret theft; Cuba hit by second nationwide blackout in a week; US equities edge higher, SPX +0.42%
US launches third wave of strikes on Iran; Oman proposes dual-channel Strait of Hormuz management; bipartisan housing bill becomes law without Trump signature; Le Pen widens lead in French election polls
US military strikes Iran again with larger scale; Gold spikes to 4096 then retreats; WTI crude drops below $70; Israel's far-right opposes Lebanon ceasefire deal
Saudi coalition airstrikes hit Houthi military targets in Hodeidah, Yemen as Red Sea tensions escalate sharply; a Saudi commercial vessel was attacked; Trump convenes senior advisors to decide on escalating military action against Iran; WTI crude plunges 3.12% to $89.31; Philadelphia Semiconductor Index crashes 4.25%.
Trump orders halt to airstrikes on Iran, breaking 13 consecutive days of daily strikes; Omani delegation arrives in Tehran for negotiations, potential weekend deal in sight. WTI crude plunges 2% to $90.89. Ukraine strikes Iranian cargo ship in Caspian Sea, killing 1. Typhoon Hongxia (Cat 4) makes landfall in Guangdong. Russian ballistic missiles strike Kyiv. Iraqi Kirkuk oil field explosions.
US-Japan coordinated Yen intervention confirmed; Trump announces US-Iran talks, WTI crude crashes over 6%. China PBOC maintains moderately loose monetary policy; Fed rate hike odds for September at 73.6%. This week focuses on US non-farm payrolls and ISM Manufacturing PMI.
US July ISM Manufacturing PMI surged to 55.6, highest since 2022, beating expectations. US major indices rallied. Fed September rate hike probability rose to 67.2%; NY Fed's Williams optimistic on inflation but hawkish. Trump claims Iran negotiations underway but Tehran denies; Hormuz Strait situation remains uncertain.
Hormuz Strait reopening signals emerge as Treasury Secretary Bessent says a US-Iran deal could come as soon as Wednesday. AMD drops ~9% after hours on disappointing revenue outlook. S&P 500 hits new all-time high with healthy sector rotation. SpaceX to exclusively adopt NVIDIA AI architecture; Musk announces Grok 4.6 next week.
NFP aftershocks dominate overnight: all three US indices closed lower with Tesla down ~6%, rate-hike bets firming while Wall Street avoids a broad risk-off; Anthropic is preparing a $200B IPO with Morgan Stanley and Goldman in line for lead roles; Bessent says oil could fall to $40 after the Iran conflict ends while Trump downplays the war, Brent settling at $96.28.
SpaceX surges 19% on IPO day, market cap exceeds $2T; Iran-US MOU may be signed within days; Oil plunges nearly 3%
Iran launches missiles at Israel, ceasefire collapses; BofA triggers 70% bear market signals; Gold rebounds to 4336; ChiNext surges 2%+
WTI crude breaks below $80; Iran negotiation framework emerges; majority of economists forecast rate hike within year
Israel to reduce troops in southern Lebanon; Norway oil services strike disrupts North Sea drilling; Gold holds above 4080, up 1.36% intraday
Putin rejects peace talks, gold breaks $4,100; GigaDevice H1 profit surges 1,099%; Super Typhoon Bavi approaches Zhejiang-Fujian; Iraq signs Hamrin oilfield deal
Trump refuses to sign housing bill to pressure Senate, spot gold breaks below $4,090, IEA warns Middle East risks could overturn oil surplus forecast
Iran denies any direct talks with the US, calling the White House claim baseless; ADNOC cuts crude shipments to Asia lifting Murban prices; Bank Indonesia holds rates; Lagarde warns Europe cannot miss the AI revolution; SK Hynix announces a record 40 trillion KRW buyback.
Global long-dated bonds are being sold off, with the 30-year US Treasury yield near a 20-year high and US debt on track to break $40 trillion ahead of schedule; Samsung has raised some advanced foundry order prices by up to 15%; Iran plans to announce a new Strait of Hormuz channel with Oman and threatens to expand retaliation to Europe; Kuaishou Q2 adjusted net profit fell 30.3% YoY.
Fed minutes came in less hawkish than feared and Treasury intervention pushed real yields lower, lifting precious metals futures while Citi turns bullish on gold and EM currencies. Samsung Electronics jumped 10% on reports of a KRW 100 trillion shareholder return plan; Treasuries find relief but an AI debt wave may break September's calm. Spot gold edged lower near 4,491 while WTI held around 84; the US-Iran standoff in the Strait of Hormuz shows no sign of easing.
Samsung's reported KRW 100 trillion shareholder return plan is taking shape; the KOSPI surged over 6% and triggered the "sidecar" mechanism as chip stocks rebounded sharply. The US Treasury plans to double its buyback program to $4 billion while Warsh pushes for fewer FOMC meetings; gold briefly topped $4,520, hitting a fresh high since early June before retreating. "Big Short" Michael Burry flags an AI-chip startup as an "Nvidia killer"; Japan saw the largest foreign outflow from medium-term JGBs since 2006; Shanghai silver rose nearly 5% with precious metals futures broadly stronger.
A tanker was boarded by armed men in the Gulf of Aden, lifting oil prices with WTI up ~2.6% in the hour while gold diverged lower; Trump played down the importance of the Strait of Hormuz and again urged rate cuts; CrowdStrike's CTO is leaving to launch an AI and cybersecurity fund, with the stock down ~2% premarket.
Walmart missed Q2 comparable sales estimates and cut full-year outlook, shares down over 6% pre-market dragging index futures; WTI crude surged over 3% to hit $87, European gas breaks above EUR 65/MWh for the first time since March; Alibaba FY27Q1 AI annualized revenue surpassed RMB 49.5 billion.
Fed's Daly: no evidence of preemptive rate hikes, downplays long-end yield rise; jobless claims at 206K, below expectations. Micron announces $250B+ US investment and launches Micron Research Labs ($10B over a decade). Philly Fed manufacturing index surges to 47.4 vs 25 expected; Black Sea wheat supply risks plus intensifying El Nino.
Walmart plunges 8.7%, its biggest single-day drop since July 2022, as Q2 same-store sales growth hit a six-year low and full-year guidance missed expectations, dragging US stocks lower at the open; Moderna slides 18%; memory/semiconductor names rally against the tape, with SK Hynix up over 6%; Alibaba reports FY2027 Q1 earnings, CEO Wu Yongming targets over $100B external cloud revenue by 2030.
US-Iran peace talks have stalled and ship traffic through the Strait of Hormuz is declining as Middle East tensions persist; a former Goldman Sachs commodities chief warns Treasury buybacks are fueling a debasement trade with gold and silver entering a structural bull run; the Trump administration is ending the summer gasoline blend early to push prices lower.
Anthropic is expected to match or surpass SpaceX's record IPO size, with Citigroup reportedly a lead underwriter; Broadcom is in talks for over $60B in AI chip financing; NY gold futures broke above $4,600/oz while spot gold rose 0.47%; renewed US-Iran rhetoric could reignite the oil risk premium.
Jin10 weekly hot list: Fed July minutes show more than 3 members supported a rate hike; Bessent's rescue effort only lasted one day, gold back above 4600, US-Iran shifting to economic warfare. Bessent escalated, saying single repurchase could exceed $40B, working with OMB on fiscal consolidation plan, may cooperate with the Fed, and insists on a strong dollar. UK Met Office warns this year's El Nino could be the strongest on record; Pro Farmer pegs 2026 US soybean yield at 53.3 bu/acre.
Spot gold broke above $4,600 to a fresh stage high, up about 1.9% intraday; a global bond selloff pushed long-end yields higher while Panda bond issuance hit a record for the period. The Pentagon fired three Stars and Stripes executives for "insubordination." Moves in the dollar and oil were muted, and the US market is closed for the weekend.
Gold jumped 1.86% in one hour to top $4,600, driven by escalating Middle East geopolitical risk. Analysts warn Trump's economic isolation of Iran could invite strikes across the Persian Gulf, raising Hormuz shipping risks.
XPeng Q2 revenue missed, Q3 guidance far below market, premarket down ~2%; PDD Q2 revenue of 112.4B yuan below estimates, premarket fell 5% then turned up 1%; Morgan Stanley warns oil spike is the biggest risk to US stocks, recommends adding energy hedges.
NVIDIA reports earnings tonight after US close, options market pricing in ~6% move; Iran-Oman talks on reopening the Strait of Hormuz push oil down over 3% intraday; Fed discount rate minutes show 4 regional banks favored a hike.
Netanyahu says no diplomatic deal with Iran is possible, adding geopolitical uncertainty; Middle East refinery runs have fallen to ~7.3M bpd from ~9.8M pre-war (down ~2.5M bpd) while the US blockade strands Iranian tankers; European natural gas prices near five-month highs are reigniting bond-market inflation worries.
Spot gold rallied above 4630 in Asian hours while silver gained over 2%; SoftBank in talks to acquire majority stake in OpenAI-backed humanoid robot maker 1X at ~$6B valuation; BOJ Deputy Governor Himino delivered hawkish remarks on continued rate hikes; US DOJ reportedly reviving "prize court" to seize Iranian oil cargoes; China's IC industry profits surged 18.5x YoY in Jan-Jul.
Bank of Korea announces rate decision, governor signals gradual hikes with 6-month dot plot median at 3.25% and further KRW strength; Philippines central bank decision due later today, ready to act further to restore 3% inflation target; Nvidia price target raised again to $420; Wall Street bets on a shift in US debt issuance structure, fewer long-dated bonds and more bills.
BOJ Deputy Governor turns hawkish with the market pricing ~90% odds of a September hike, while foreign investors post the biggest net sell-off of Japanese stocks in nearly two months. Hormuz mine-clearance becomes a "he-said, she-said" as Iraq tenders outbound-loading crude. Dollar-devaluation concerns support gold ahead of Fed Chair Warsh's speech.
France replaces Italy as the focus of European debt sustainability concerns, with a tough budget negotiation next month and presidential elections next year worrying investors; LME zinc hits a four-year high with a seventh straight day of gains as shrinking overseas inventories fuel squeeze fears; a refinery in Russia's Volga region halts operations, adding fresh supply-side disruption.
NVIDIA premarket gains widen to 7% as AI chip sentiment strengthens into the earnings window; Okta jumps 19.3% premarket after Q2 beat. Iran plans to blacklist insurers of vessels it deems "violating" in the Strait of Hormuz, renewing geopolitical risk. Drone strike reported on Zaporizhzhia nuclear plant spent-fuel storage; officials say no major damage and radiation remains normal.
Trump administration weighs a fresh wave of broad semiconductor tariffs that could cover laptops, game consoles and data-center servers, as tech firms lobby to shrink the scope. DOJ reportedly plans to revive a "prize court" to seize Iranian oil tankers; Iran says the blockade blocks gasoline imports; Saudi Arabia appears to be preparing for a new war against the Houthis. Gold retreats from 4643 and dips below 4580 while WTI edges higher; Bernstein lifts its Nvidia price target to $400.
Jackson Hole annual symposium opens tonight with Fed Chair Warsh's debut as the focal point; the "Fed whisperer" notes Bessent's push to deepen Treasury involvement in bond markets is eroding the Fed's independence narrative. Spot gold breaks below 4580 and silver drops 1%, precious metals broadly weak. Canada expands its 50% retaliatory tariffs to include copper wire and charcoal. PBoC net drains 245.5 billion yuan via open market operations today.
Spot gold plunged 3.2% in an hour to $4,454 as safe-haven money took profits. CXMT sued the US Department of Defense over its "Chinese military company" listing. Gunfights erupted in Niger's capital Niamey with militants attacking the international airport and trying to breach presidential palace security. Russia struck a transshipment station at Ukraine's Mykolaiv port amid ongoing conflict.
Gold jewelry prices plunged nearly 40 yuan per gram overnight; Zhou Dasheng pure gold at 1344 yuan/g and Laomiao Gold at 1345 yuan/g. Iran declared "victory" and said US bases in neighboring countries exist only to protect Israel, reinforcing a de-escalation narrative. The Zaporizhzhia nuclear plant has been without external power for over a week, with backup energy for only about 10 days, drawing an IAEA warning.
The US imposed sanctions on Egypt's major bank Banque Misr, which confirmed full compliance with the regulatory framework. Niger's capital Niamey saw attacks on its airport and city center, with the Republican Guard clashing with rebels. Ukraine reported a drone strike on a warehouse in Myli village near Kyiv killing 27, with Zelensky vowing to punish those responsible for the secondary explosion.
Spot gold plunges 3.2% to $4,454, while WTI crude holds steady near $82.76. OpenAI reportedly plans to stop providing model services to Musk's AI coding platform; Musk says he could not care less. Ecuador declares a nationwide red alert in response to El Nino.
China's National Data Administration explores token-based subscription and pay-for-performance pricing models for data annotation; South Korea announces new cabinet picks; Nepal landslide death toll rises to 734 with 2,498 missing. No major financial-market news this hour; US markets closed (Sunday).
Russia has faced over 33,000 sanctions since 2014; a shooting at a Swiss carnival party left multiple victims; a bus-truck collision in Russia's Stavropol killed 5 and injured 38. No major financial market news this hour; US markets closed Sunday.
Spot gold tumbled 3.2% to $4,454 on Friday; Ukraine struck an oil refinery in Russia's Leningrad region and a military air base in Krasnodar; Iceland voted against restarting EU accession talks; China-listed firms posted dense interim results.
China Gold H1 net profit fell 12.35%, widening divergence among gold miners versus Chifeng Gold's +56.5% surge; CITIC Securities sees AI strength rotating toward energy & chemicals; Xi arrives in Bishkek to visit Kyrgyzstan; Hong Kong's Northern Metropolis clinches its first district-development tender.
Iran-Israel tensions ease, gold dips; OpenAI secretly files for IPO; Apple WWDC unveils Siri AI; US inflation expectations cool
Trump announced a new round of the "most severe" economic sanctions against Iran with Hormuz shipping restricted, WTI crude closed up 2.08% at $85.98 overnight. The Treasury buyback relief proved short-lived, with the 10-year yield back above 4.7% as Bessent said the single-buyback cap may exceed $4B; all three US indices closed lower. Anthropic is racing toward the largest IPO in history, potentially matching or surpassing SpaceX, while CME puts the odds of the Fed holding rates in September at 63.8%.
Spot gold surged 1.86% overnight to hold above $4,600, driven by the Treasury's expanded long-bond buyback, the $40 trillion debt milestone and Dalio's call to add gold, spiking to $4,632 intraday; US stocks closed higher Friday with the Dow up 0.98% and Tesla up 5.14% to a monthly high; Trump said the "economic war" against Iran does not limit US military options and denied instructing Bessent to intervene in the bond market.
US-Iran economic war escalates: Bessent today unveils "unprecedented economic isolation" measures against Iran, which threatens to cut off oil exports through the Strait of Hormuz. Fed odds show 59% hold vs 41% hike for September; Jackson Hole kicks off this week with Warsh's debut keynote in focus. Nvidia reports after the bell Wednesday, testing the AI trade; US equity futures edge lower at Monday's open.
Nvidia's Q2 earnings beat big, with a rare one-year-ahead outlook of 70% growth for FY2028; stock swung from -3% to +4.5% after hours, lifting Nasdaq futures about 1%. Amazon will deploy roughly 2 million Nvidia AI chips in 2027-2028. Iran and Oman reached a deal on Hormuz Strait toll sharing, easing geopolitical risk premium, though Iran's deputy FM says a preemptive strike on the US remains an option.
NVIDIA surged 8.7% overnight, adding $442B in market cap for the second-largest single-day gain in history, but reports later emerged that it paused some AI cloud revenue-sharing deals (worth ~$36B) and faces antitrust concerns; US-Iran talks are stuck again over the June MOU, while Hormuz is temporarily navigable and Gulf crude exports have recovered to 70% of pre-conflict levels; Trump signed an executive order renaming Lake Ontario the "American Lake" as Canada-US trade talks broke down, and Fed Chair Warsh's Jackson Hole debut tonight takes center stage.
Warsh's hawkish remarks at Jackson Hole revived rate-hike expectations, sending spot gold down 3.2% to $4,454. US-Iran tensions escalate: Iran says the Strait of Hormuz is "fully closed," while US Treasury Secretary Bessent counters that 130 million barrels have been guided through. Nvidia's market cap surged nearly 3 trillion yuan in a single day; Sony and Warner sue Anthropic over alleged IP theft.