Monthly Archives: July 2026
WTI jumps to two-week high as Trump Iran memo lapse revives Hormuz supply fears

Written on July 8, 2026 at 12:55 pm, by josephine
WTI climbs to two-week high near $74.30 as Hormuz tensions revive fears of global supply disruption.
MUFG Warns June FOMC Minutes Are Dated as Softer Data and Cheaper Oil Sap Hawkishness

Written on July 8, 2026 at 12:27 pm, by josephine
MUFG says June FOMC minutes are outdated; softer data and lower oil may unwind hawkish dollar positioning.
Rabobank’s Every weighs ‘profit dollar’ thesis against geopolitics as Fed minutes loom

Written on July 8, 2026 at 11:55 am, by josephine
Rabobank’s Every says dollar drivers shift from profit financialisation to geopolitics, volatility, diversification, and terse Fed minutes.
Gold holds above $4,100 as dollar eases ahead of FOMC minutes, oil-driven inflation fears cap gains

Written on July 8, 2026 at 11:27 am, by josephine
Gold holds above $4,100 but upside capped by hawkish Fed, rising yields, and escalating Hormuz tensions.
Poland’s Central Bank Seen Holding at 3.75% as Disinflation Shifts Focus to Cuts

Written on July 8, 2026 at 11:25 am, by josephine
Poland likely holds 3.75% as inflation cools; easing bets rise, weakening zloty carry, CZK seen outperforming.
Risk Appetite Falters as Hormuz Tensions Lift Oil; RBNZ Hike Boosts Kiwi Ahead of Fed Minutes

Written on July 8, 2026 at 10:55 am, by josephine
Markets turned risk-off as Hormuz tensions lifted oil; dollar steadied, RBNZ hiked, gold held above $4,100.
Crude Oil Rises as Iran Sanctions Renew Hormuz Supply Risks

Written on July 8, 2026 at 10:38 am, by josephine
Key Points Global crude oil prices climbed on Wednesday as renewed tension between the US and Iran brought Middle East supply risks back into focus. The US West Texas Intermediate, commonly followed by traders as CL-Oil, moved to approximately $71.81. The benchmark gained close to 2% after rising by about 3% during Tuesday’s session. Tuesday’s Continue Reading
Penguin Solutions beats forecasts again as revenue jumps and shares surge 246% year to date

Written on July 8, 2026 at 10:27 am, by josephine
Penguin Solutions beat EPS and revenue estimates again, shares up 246% YTD; bullish strategies advised.
USD/JPY steadies after surge as US CPI lifts dollar, with 163.00 resistance capping gains

Written on July 8, 2026 at 10:26 am, by josephine
USD/JPY stays firm near 162; upside capped around 162.70–163.00 amid intervention risk and rangebound outlook.
GBP/USD retreats from 1.3410 as US data bolsters dollar, raising correction risks

Written on July 8, 2026 at 9:57 am, by josephine
GBP/USD reverses from 1.3410 resistance, enters corrective phase; 1.3315 key support amid Fed-UK divergence.