Market news
Crypto, stocks, forex and macro, aggregated for traders.
Kazakhstan’s Astana Motors and China’s BYD Partner on Ultra-Fast EV Charging Network
Astana Motors and BYD signed an MoU during President Tokayev's visit to China to roll out BYD Flash Charge ultra-fast stations across Kazakhstan, starting in Almaty.
Qantas to Book A$115 Million Pretax Gain from ¥8.2B Transaction
Qantas expects a pretax gain of about A$115 million from a transaction valued at ¥8.2 billion (US$52.2 million) once equity reserve gains and transition costs are included.
NZ Electricity Authority Approves Fonterra's Whareroa Cogeneration Status
The New Zealand Electricity Authority has approved Fonterra's application to maintain the Whareroa cogeneration plant's classification, allowing it to operate as a Type B industrial co-generating station from August 13.
Australian Vanadium Signs MOU with Alcoa for Vanadium Flow Battery Study
Australian Vanadium and Alcoa have signed a non-binding MOU to evaluate a 50–80 MW vanadium flow battery with 6–8 hours of storage at an alumina refinery, with the study running over 18 months.
Beijing Prepares Potential Countermeasures Against US AI Firms, Including Anthropic
China is not planning immediate action but is readying responses like sanctions or adding US AI companies to restricted-entity lists if the US targets Chinese firms.
China Seeks ‘Win-Win’ AI Talks Ahead of Xi’s U.S. Visit Amid Tensions
Beijing aims to maintain a warm atmosphere before President Xi Jinping’s planned September 24 visit to the U.S., seeking a mutual-benefit approach in preliminary AI discussions. However, suspicion remains high, with Washington concerned about Chinese firms using American models to train their own and Treasury Secretary Bessent floating sanctions over alleged intellectual property theft.
Ecopetrol to Start Pacific Regas Terminal by Q4, Caribbean in 2027
Interim CEO Juan Carlos Hurtado said the company will begin operating a regasification terminal in the Pacific region by October-November, with another in the Caribbean ready by early 2027, to mitigate El Niño’s impact on refining.
Saudi Crude Exports Dip in July as Ukraine Strikes Russian Oil Infrastructure
Saudi Arabia’s observed crude exports fell by 460,000 b/d to 4.19 mln b/d in July due to shipping threats, while Ukraine launched at least 30 attacks on Russian refineries, tankers, and infrastructure last month.
Iran Denies U.S. Talks but Reports Progress with Oman on Hormuz Shipping
Tehran denied direct negotiations with Washington but said discussions with Oman on facilitating ship traffic through the Strait of Hormuz are advancing. An adviser to the Supreme Leader urged the U.S. to take the first step and change its behavior.
Oil Steady After Sharp Drop; Trump Issues Ultimatum to Iran
WTI hovered near $80 after Monday's 5% slide, while Brent closed around $84. The US president said talks with Tehran are a 'last chance' and expects the Strait of Hormuz to reopen 'literally by tomorrow.'
North Korea Accuses US of Weaponizing Cyberspace, Calls Threat Warning Politically Motivated
Pyongyang denies US cyber threat allegations, accusing Washington of turning cyberspace into a conflict zone and using warnings to tarnish its reputation.
AI Benchmarking Industry to Reach $9.6 Billion by 2035
The AI benchmarking market is currently valued at $1.2 billion and is projected to grow over eight-fold to $9.6 billion by 2035, driven by demand for real-world performance evaluations.
U.S. Manufacturing Expands at Fastest Pace in Four Years; Palantir, Boeing Up
U.S. manufacturing activity grew at its quickest rate in more than four years in July, driven by strong demand and hiring. Palantir raised its full-year forecasts, and Boeing received FAA clearance for the 737 MAX 7.
Iran-Hormuz Negotiations Show Progress; Trump Outlines Two-Phase Plan
Progress reported in Iran’s suggested talks to facilitate shipping through the Strait of Hormuz, with Trump announcing a two-phase approach—reopening the strait first, then denuclearization talks. The on-again, off-again diplomacy shifts market focus to earnings and jobs data this week.
S&P 500 Near Record as Oil Retreat Eases Inflation Worries
Cooling Middle East tensions pushed oil lower, lifting stocks and bonds amid subsiding inflation fears. The S&P 500 gained 1.5%, while Amazon's market cap surpassed $3 trillion.
NY Attorney General Says Trump Tariffs 'Impermissibly Broad', Bypass Legal Probe Requirements
New York's Attorney General argues that the latest tariffs are overly broad and circumvent country-specific investigations mandated by law, effectively replacing duties previously blocked by the Supreme Court.
Iran’s General: Attacks Continued for Two Days After U.S. Ceased, Saudi Arabia Denies Iraq Role
Iran’s General Rezaei stated that Iranian forces sustained attacks for two days after the U.S. halted its own operations, while a Saudi official reportedly contacted Tehran to deny involvement in the Iraq attack.
Iran Threatens Military Action Against Warships in Strait of Hormuz
A senior Iranian general warned that Tehran will target any foreign warships or military forces seeking to establish a second corridor in the strategic Strait of Hormuz.
Marex Now Takes USDC as Margin: How Stablecoin Collateral Actually Works, and the Letter It All Rests On
Marex Group said Chicago prop firm Prime Trading posted USDC as initial margin for CFTC-cleared derivatives, the first transaction under a stablecoin collateral program announced in July.
Trump Calls Iran Talks 'Last Chance' for Diplomacy
President Trump said the US is holding talks with Iran at Tehran's request, describing them as a final opportunity for the Islamic Republic.
Iraq's Kirkuk-Ceyhan Oil Exports Plunge to 40-60k b/d on Border Strikes
Iraq's oil output surpassed 1.95 million barrels per day in July, with crude selling for around $60 per barrel. However, exports via the Kirkuk-Ceyhan pipeline plunged to just 40,000–60,000 b/d—the lowest level—due to strikes on Kurdistan region borders.
Iraq's Oil Exports Surge to 42.5 Million Barrels in July
Iraq's oil sales jumped to 42.5 million barrels in July, up from 24.5 million in June, driven by increased southern terminal exports.
Trump says liberal ideologies become ‘dirty and disgusting’
Former President Trump derided socialism, liberalism, and progressivism, asserting they all become ‘dirty and disgusting.’ He claimed the radical left now prevents use of the term progressivism.
S&P 500 Surges Above 7,600, Approaches Record High
The S&P 500 index surged above 7,600 for the first time since June 3rd, climbing 1.5% today and closing in on a new record high.