Market news
Crypto, stocks, forex and macro, aggregated for traders.
Chinese AI Models Capture Record 58% Token Share on OpenRouter
Chinese AI models now account for ~58% of tokens used by US firms on OpenRouter, tripling since mid-January and overtaking US models for the first time in March.
UAE Reaffirms Solidarity with Bahrain, Kuwait, Jordan
The UAE Ministry of Foreign Affairs has renewed its full solidarity with Bahrain, Kuwait, and Jordan, expressing support for measures to preserve their security and stability.
U.S. Economic Data and Big Tech Earnings Dominate This Week's Calendar
This week features ADP employment data, jobless claims, PMI and new home sales, plus earnings from Tesla, Alphabet, Intel and others as earnings season intensifies.
Papizadeh: US to Plan Ground Assault on Iran After Securing Oil Shipments
A source identified as Papizadeh stated that the United States intends to launch a ground assault on Iran from three directions and target nearly all provinces, following the securing of oil shipments to the US and its allies.
Ukraine Strikes Two Russian Tankers in Black Sea
Ukraine's General Staff reported overnight attacks on two Russian tankers in the Black Sea, part of a broader campaign of long-range drone strikes targeting Russian forces.
Air Raid Sirens Sound in Bahrain After Iranian Attacks
Air raid sirens were activated in Bahrain after the country reportedly came under attack from Iran. Kuwait was also targeted on Saturday.
Austria to Open Police Station in Hitler's Birthplace to Deter Far-Right Pilgrims
Austria will convert the building where Adolf Hitler was born into a police station, aiming to end decades of debate over its use and prevent it from becoming a pilgrimage site for far-right extremists.
Israel launches $700M AI-driven campaign to shape global image
Israel is deploying a $700 million campaign using AI-generated messages, ads, and influencer outreach to influence how AI chatbots present information about the country. The effort is led in part by former Trump adviser Brad Parscale.
Zelenskyy Taps Energy Executive as Ukraine PM for Winter War Push
President Zelenskyy has chosen a technocratic energy executive with no cabinet experience as Ukraine’s new prime minister to prepare the country for another winter of war.
Kuwait Air Defenses Intercept Iranian Missiles, Drones
Kuwait's military reported that its air defenses are engaging Iranian missiles and drones amid ongoing attacks targeting infrastructure.
Europe Wildfires at Record Low in 2026
Halfway through 2026, Europe has experienced the least wildfire activity since 2012. Globally, every continent is below average, with Africa and the Americas at record lows.
Zelensky Shifts Tone After Russian Strikes on Kyiv Air Defenses
Ukrainian President Volodymyr Zelensky adopted a more restrained tone after Russian missile strikes reportedly destroyed Ukrainian air defense systems and set military targets ablaze in Kyiv, following his earlier confrontational social media posts.
China's First 100-GWh Energy Storage Base Begins Operations, Ships to Germany
A fully integrated 100-GWh energy storage base has started operations in Yichang, China, with its first 790-Ah large cells shipped to Germany.
Moonshot Prepares IPO Within Six Months After AI Model Rattles Tech Stocks
Chinese AI startup Moonshot has informed investors it plans to list in as early as six months, following its latest model that disrupted industry perceptions and triggered a selloff in global technology stocks.
Iran Launches Drone Attacks on US Targets in Kuwait
Iran's army reported a new wave of drone strikes early Sunday against US military facilities in Kuwait, targeting an ammunition depot and base infrastructure.
Russia Launches 41 Ballistic Missiles at Kyiv, One Killed
On Sunday, July 19, Russia launched 41 ballistic missiles at Kyiv, including Iskander-M, Zircon, and S-400. At least one person was killed and 15 injured across five districts.
Iranian Lawmaker: US Bases Cause Insecurity That Could Close Strait of Hormuz
An Iranian lawmaker stated that any closure of the Strait of Hormuz would result from insecurity created by the United States, criticizing US military bases in Persian Gulf countries as tools for intervention rather than regional security.
China’s Financial System Is Its Biggest Vulnerability, Says Primavera’s Fred Hu
Former Goldman Sachs executive Fred Hu argues that China's financial sector, not AI or semiconductors, is the country's primary weakness in the US-China rivalry, limiting capital allocation and innovation.
U.S. Strategic Petroleum Reserve Crude Stocks Fall to Lowest Since 1983
Crude oil inventories in the U.S. Strategic Petroleum Reserve have dropped to their lowest level since 1983, reducing the nation's emergency buffer and potentially amplifying crude price spikes amid geopolitical tensions.
US Labor Force Exit Hits Record 105.8 Million in June
The number of Americans not in the labor force rose by 832,000 in June to 105.8 million, an all-time high. The figure now stands 2.2 million above the pandemic-era peak, highlighting underlying weakness in the job market.
US Small Business Inflation Worries Hit Highest Since Oct 2024
In June, 21% of US small business owners cited inflation as their top problem, the highest reading since October 2024. The share has surged 10 percentage points over the past year, and the proportion of firms raising average selling prices rose to 38%, the highest since January 2023.
Permanent Portfolio on Track for 16% Gain in 2026, Best in 30 Years
The Permanent Portfolio, equally weighted in US stocks, 10-year Treasuries, commodities, and cash, is set for a 16% return in 2026—its strongest annual performance in three decades, driven by surging commodities.
China Quietly Stockpiling Gold, Goldman Estimates Show
Goldman Sachs estimates China acquired 48 tonnes of gold via the London OTC market in May, the largest monthly purchase in over a year, while official figures show only 10 tonnes. China's central bank added another 15 tonnes in June, its biggest monthly increase in 2.5 years, marking 20 consecutive months of reserve growth.
US Confirms 2 Service Members Killed in Iranian Attack on Jordan Air Base
Two US service members were killed and several wounded in an Iranian attack on an air base in Jordan, which the US says has been used for operations against Iran.