Outlook

9 July 2026
S&P 500 Q2 Earnings Seen Up 24% as Tech Leads and Big Banks Set the Pace

S&P 500 Q2 earnings are forecast up 24%, led by Tech; banks report July 14, options favor bullish.

8 July 2026
US Treasury revokes Iran oil waiver after Hormuz attacks, lifting Brent and WTI 5%

Treasury revoked Iran oil waiver after Hormuz tanker attacks, lifting crude prices 5% as tensions escalate.

7 July 2026
USD/SGD Slide Loses Steam as UOB Flags Near-Term Range Trading Between 1.2890 and 1.2990

UOB says USD/SGD’s selloff has faded, expecting 1.2890–1.2990 range trading as downside momentum wanes, near-term.

7 July 2026
German factory orders beat forecasts, bolstering Commerzbank view of moderate industrial and economic recovery

German orders jumped 1.9% in May, signaling gradual recovery; inflation remains sticky, keeping German equity upside limited.

6 July 2026
OPEC+ August Output Increase Seen Capping Crude, Prompting Options and WTI-Brent Spread Trades

OPEC+ plans August output hike, pressuring crude prices; strategy favors selling calls, hedging puts, watching spread.

4 July 2026
USD/CAD rises as oil-driven loonie weakness offsets softer US jobs and Fed hike repricing

USD/CAD rose to 1.4200 as weak oil and dovish BoC outlook outweighed softer US jobs data.

3 July 2026
Gold tops $4,100 as weak US jobs data dampens Fed hike odds, TD targets $4,280

Gold jumps above $4,100 as weak jobs data cools Fed hike odds; TD targets $4,280.

2 July 2026
Banxico survey shows lower end-2026 inflation forecast as growth expectations steady and peso seen softer

Banxico survey: analysts cut 2026 inflation forecasts, keep growth steady; peso seen weakening to 17.95, rates unchanged.

2 July 2026
EIA Data Shows US Crude Stock Draw Misses Forecast, Keeping Oil Bulls Cautious Ahead of Summer Demand

EIA data showed crude stocks fell 3.775 million barrels, less than expected, tempering bullishness despite seasonal demand.

1 July 2026
TD Securities backs Canadian dollar as firm data set stage for USD/CAD pullback below 1.40

TD cites stronger Canadian data, favoring loonie gains and a USD/CAD retracement below 1.40 via put spread.

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