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Gold swung near $4,010 as Middle East headlines whipsawed dollar and oil; traders brace for options volatility.
Canadian inflation cooled to 2.8% as core measures dipped under 2%, supporting BoC holding rates through 2026.
S&P 500 slips as AI-spending doubts spark tech selloff; investors rotate broader, hedge with options amid earnings.
TD Securities sees Fed holding rates through 2026; sticky inflation, stable jobs, and hike risk dominate.
USD/CAD rises as Canada inflation undershoots, USD firms amid Middle East-driven volatility; traders favor bullish options.
Iran signals military response yet keeps mediation talks alive, sustaining Brent near $80 and elevated volatility.
Markets steady after Burnham as gilt yields and sterling volatility stay low; Budget or snap election could spike risk.
Canada’s June core CPI rose 0.2%, steadying inflation, easing BoC pressure, favoring range-bound CAD and volatility-selling.
Houthis announce immediate naval blockade on Saudi Arabia; WTI jumps near $81.35, boosting volatility and bullish options.
Geopolitical shocks drove oil higher; Brent $88, WTI $82, cracks record high; traders favor options spreads.
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