July 7, 2026 9:40 am
Key Moments Brent and WTI futures gained 1.1% as fresh security incidents in the Strait of Hormuz reignited concerns over shipping disruptions. Reports of Iranian missile strikes on commercial vessels and a tanker hit near the Omani coast raised the risk of renewed U.S.-Iran confrontation. Price gains were tempered by planned OPEC+ supply increases, higher […]
Read moreJuly 7, 2026 9:33 am
Key Moments Benchmark Dutch front-month gas contracts rose 4.7% to 46.54 per megawatt-hour, reversing the prior session’s weakness. European storage sites are 43.1% full, trailing the 51.4% level recorded at the same point last year. Extended Norwegian maintenance and stronger Asian LNG demand have tightened European supply and increased price volatility. Heatwave Outlook Drives Demand […]
Read moreJuly 7, 2026 8:11 am
Key Moments USD/INR trades near 95.36 as the Rupee holds onto prior-session losses amid renewed oil supply concerns. MCX Crude Oil July 20 contract trades about 0.66% higher near 6,600, pressuring oil-import-dependent currencies like the INR. FOMC minutes and the Fed’s unchanged 3.50%-3.75% rate range, alongside 55.2% odds of a hike by September, shape USD/INR […]
Read moreJuly 7, 2026 7:49 am
Key Moments Gold (XAU/USD) trades with a bearish bias above $4,100 as renewed inflation worries lift U.S. Treasury yields and support the USD. Soft June U.S. Nonfarm Payrolls and ISM Services PMI data have curbed expectations for additional Federal Reserve rate hikes, limiting downside in bullion. Technical signals still favor sellers, with XAU/USD below the […]
Read moreJuly 7, 2026 6:57 am
Key Moments Bitcoin (BTC) moved back above $64,000, with derivatives metrics signaling reduced market stress and a recovery in price momentum. US spot Bitcoin ETF outflows slowed sharply from roughly $2 billion to $700 million, with ETF investors returning to aggregate profitability. Analysts highlighted that macro liquidity and capital allocation remain focused on AI infrastructure, […]
Read moreJuly 7, 2026 6:14 am
Key Moments BitMine Immersion Technologies (BMNR) added 42,197 ETH to its treasury last week, lifting total holdings to 5.74 million ETH. The firm now controls roughly 4.75% of Ethereum’s circulating supply and may need $523.7 million in additional ETH purchases to reach its 5% target. ETH price action is constrained below the 50-day and 100-day […]
Read moreJuly 6, 2026 1:49 pm
Key Moments: Wheat export values across major origins declined, with Black Sea and Australian prices under harvest and weather pressure. Corn cash premiums and FOB values in the US and Argentina moved higher even as CME corn futures ended the week lower. Soybean physical trade remained thin, but China CFR prices and premiums advanced alongside […]
Read moreJuly 6, 2026 12:48 pm
Key Moments Turkey’s June headline CPI slowed to 32.1% year-on-year, with PPI easing to 28.1%. Seasonally adjusted monthly CPI and core inflation gains of 1.8% imply roughly 24% underlying inflation momentum. Commerzbank sees underlying inflation as still too strong to credibly move toward single-digit inflation or the CBRT’s 5% target, restricting room for easing. Inflation […]
Read moreJuly 6, 2026 11:40 am
Key Moments Key memory stocks advanced in premarket trading as analysts highlighted improving pricing and resilient AI-related demand. UBS lifted its DDR contract pricing and industry revenue forecasts, while characterizing the recent share price pullback as likely temporary. Citi and Bank of America reiterated bullish views on Micron, citing stronger AI CPU demand and rising […]
Read moreJuly 6, 2026 11:12 am
Key Moments NZD/USD trades around 0.5680, down 0.50% as the New Zealand Dollar faces pressure from weaker commodity prices and a firmer US Dollar. A 1% fall in the ANZ Commodity Price index in June and split views on the Reserve Bank of New Zealand’s July decision heighten uncertainty. Analysts at ANZ and BNY expect […]
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