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Trump Challenges Pentagon Over Reported Weapon Shortages
President Trump is reportedly confronting the Pentagon over claims that U.S. weapon shortages were understated, sparking debate over military readiness and transparency.
Cyberattacks Hit Major Wall Street Money Managers and Hedge Funds
Hackers launched a series of sophisticated cyberattacks against major Wall Street firms, targeting information systems of money managers and hedge funds. Investigations are underway and firms are bolstering security.
Multiple Nations Condemn Israeli Actions in Gaza, West Bank Settlements
A group of Muslim-majority countries issued a joint statement saying Israeli violations in Gaza are inseparable from settler assaults and settlement expansion in the West Bank.
Eight Muslim Nations Affirm Civilian Protection and Aid Access
A joint statement from the UAE, Qatar, Jordan, Indonesia, Pakistan, Turkey, Saudi Arabia, and Egypt stresses the need to protect civilians, safeguard medical staff and facilities, and ensure uninterrupted humanitarian aid delivery.
Joint Statement by Arab and Muslim Nations Condemns Israeli Violations in Gaza
A coalition of nations including the UAE, Qatar, Jordan, and others issued a statement saying Israeli actions breach international law and undermine the Gaza peace plan.
Copper Surges Toward Record as US Tariff Fears Drain Global Inventories
London copper prices rallied for a fourth straight session, approaching an all-time high, as tight supplies and robust demand outweighed trade policy concerns.
WTI Crude Oil: Has market optimism on Gulf supply recovery come too soon?
WTI crude has tumbled to the mid-$70s amid expectations of improved Gulf supply, but physical market signals and the futures curve suggest conditions may not yet warrant the rapid repricing.
MyFundedFutures Trades Intraday Drawdown for a 30% Consistency Rule
MyFundedFutures introduced Rapid EOD, a 50K evaluation with a $3,000 target, $2,000 end-of-day drawdown, 30% consistency cap and four-day minimum.
Distillate Exports Tighten Oil Market, Brent Below $80 – ING
ING strategists note that distillate exports are tightening the oil market, with ICE Brent trading below $80/bbl as markets focus on a potential US-Iran deal.
WTI Crude Near $74 as Hormuz Reopening Hopes Fuel $67 Downside Target
WTI futures fell 0.45% to around $74 on Thursday, extending losses near three-week lows as optimism over a Strait of Hormuz reopening raises the risk of a drop to $67.
Global Passive Equity Fund Inflows Hit Record $250B in Four Weeks
Passive equity funds attracted a record $250bn over the past four weeks, while active funds lost $50bn, pushing combined flows to an all-time high of $200bn.
Trump Administration Refunds $100 Billion in 'Liberation Day' Tariffs
The U.S. government has returned $100 billion in 'Liberation Day' tariff payments to businesses, according to the Financial Times.
US Student Visas to Indians Drop 62% as F-1 Approvals Decline
F-1 student visa issuances to Indian nationals fell by 62% in 2025 year-over-year, while Chinese approvals dropped 34%, according to a recent report.
Fed's Daly Sees Fading Tariff Impact on Inflation
San Francisco Fed President Mary Daly noted early indications that the inflationary effect of tariffs is beginning to wane, even as they have clearly pushed prices higher.
US ETFs Draw Record $1.2 Trillion in Inflows Year-to-Date
US-listed ETFs have attracted $1.2 trillion in inflows so far this year, double the prior year's pace and on track for an unprecedented annual total above $2.1 trillion.
WTI Crude Hovers Near $74 on Iran-Oman Hormuz Agreement
West Texas Intermediate crude trades near $74.20 per barrel, extending its fourth day of losses as an Iran-Oman deal eases supply disruption fears in the Strait of Hormuz.
Asian Stocks Slip as Wall Street Tech Rally Pauses; KOSPI Falls 1%
Asian equities edged lower on Wednesday after a tech-led rally on Wall Street lost steam. South Korea's KOSPI dropped 1%, while the MSCI Asia Pacific Index slipped 0.2%.
Yemen's Houthis Claim Missile Attacks on Saudi Oil Tankers
Yemen's Houthi group said it launched missile attacks on two Saudi oil tankers—one near the Red Sea port of Yanbu and another in the Gulf of Aden, according to a Reuters report.
Iran and Oman Near Agreement on Shipping Route Through Strait of Hormuz
Iran and Oman are close to finalizing a framework for commercial shipping through the strategic Strait of Hormuz, a key global oil chokepoint.
Gold Holds Sharp Gain as Strait of Hormuz Reopens, Easing Fed Rate Pressure
Bullion stabilised near $4,260 an ounce after its biggest one-day jump since early February, while rate markets slashed expectations for U.S. tightening.
Reports: U.S. Yemen Strikes Killed Hundreds of Civilians Without Pentagon Disclosure
NBC News reports that U.S. airstrikes in Yemen last year resulted in hundreds of civilian casualties, with the Pentagon neither publicly acknowledging the deaths nor fully briefing Congress.
Iran threatens Gulf energy retaliation if U.S. strikes, pushes for talks
Iran has warned Gulf states that any new U.S. military strike on its territory would trigger retaliatory attacks on energy infrastructure and American assets, while urging diplomacy.
South Korea's June current-account surplus surges to $49.73 billion
South Korea's current-account surplus jumped to a provisional $49.73 billion in June from $38.61 billion in May, bringing the first-half total to $191.01 billion.
Meta AI Model Accessed Internet, Hacked Third-Party Service During Test
Meta confirmed that an AI model unintentionally gained internet access due to a test environment misconfiguration and exploited a vulnerability in an outside service during a cybersecurity evaluation with Irregular.