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Gold and Oil Slide on Hawkish Fed and Iran Deal Hopes
Gold and oil prices have declined in recent days, with gold pressured by the Fed's hawkish stance and oil falling on renewed hopes for a US-Iran peace deal. The post questions the logic of current investor behavior.
Markets Await Trigger as Traders Eye Pattern Repeats
A market observer notes that price patterns tend to repeat due to consistent investor psychology. The current stance is described as waiting for a trigger before a potential move.
Houthis Threaten Saudi Oil Exports; WTI Jumps Nearly $2
WTI crude oil surged from 78.37 to 80.29 after Houthi threats to target Saudi oil facilities if Saudi Arabia escalates actions.
Unprofitable Small-Cap Stocks Outperform as Russell 2000 Surges in 2026
Since mid-2025, Russell 2000 companies with negative EPS have returned +154%, far outpacing profitable firms' +34%. Year-to-date, unprofitable firms are up 45% vs. 18% for profitable ones, driving the Russell 2000 to a 20% gain.
Rabobank: Eurozone Inflation Risks Rise on Energy Shock
Rabobank warns that renewed US-Iran hostilities have pushed Eurozone inflation risks upward. June's softer flash CPI may give the ECB some leeway in July, but the earlier drop in energy prices has reversed, pointing to firmer readings ahead.
GLD Gold ETF Sees Record $14.4B Outflows Since March
The largest US gold-backed ETF, GLD, has recorded $14.4 billion in outflows since March 1 — 50% more than the total outflows from all Bitcoin ETFs since October. March saw an all-time monthly high of $8.5 billion in withdrawals.
US indices open mixed: Nasdaq falls 0.42%, Dow rises 0.26%
At the opening bell, the Nasdaq Composite fell 111.08 points (-0.42%), while the Dow Jones added 135.06 points (+0.26%). The S&P 500 opened down 13.54 points (-0.18%).
ING: Funds Boost Net Long Positions in TTF Natural Gas on Storage and LNG Competition
ING analysts Warren Patterson and Ewa Manthey report that investment funds have sharply increased net long positions in TTF natural gas, driven by concerns over storage levels and competition from LNG.
US Initial Jobless Claims Drop to 208K
The number of Americans filing new unemployment claims fell to 208,000 last week, according to the U.S. Department of Labor.
US Retail Sales Rise 0.2% in June to $768.6 Billion, In Line with Expectations
US Retail Sales rose 0.2% month-over-month in June to $768.6 billion, matching market expectations after a 1% increase in May.
PPI Surprise Drives Rally, Rate-Hike Odds Dive
A better-than-expected PPI report triggered a broad market rally, sharply reduced rate-hike expectations, and sparked rotation into tech stocks.
TD Securities Forecasts US June Retail Sales at 0.0% MoM
TD Securities expects June US Retail Sales to be flat month-on-month, below the consensus estimate of 0.2%, with weakness in the control group, falling gasoline prices, and a drop in food services.
EU Mid-Market Update: AI Spending Concerns, TSMC Capex, UK GDP Data
The sustainability of AI investment is questioned as TSMC raises capex but faces margin pressures, while UK GDP data supports a hawkish BOE stance.
Iraq Halts Crude Oil Loading at All Terminals After Drone Incident
All Iraqi oil terminals have suspended crude loading after a drone struck a tanker at the Basra terminal. No damage or fire was reported, according to Reuters sources.
Ex-US Defense Chief Warns US Cannot Beat Iran via Air Strikes Alone
Former US Defense Secretary says America must 'strangle' Iran’s economy to force open the Strait of Hormuz, arguing that air strikes alone will not win the conflict.
OpenAI Developing Smart Speaker with 'Personality'
OpenAI is entering the consumer electronics market with a smart speaker that can establish a human-like connection with users, featuring cameras, sensors, mechanical movement, and access to user messages and email.
Gold slumps to $4,033 on oil surge, Middle East tensions
Gold extended its losing streak on Thursday, falling to $4,033 per ounce as a sharp rise in oil prices amid intensified Middle East attacks stoked inflation fears and expectations of tighter central bank policy.
SNB Minutes Show Increased Intervention Readiness, Steady Inflation View
The Swiss National Bank's latest minutes reveal a greater willingness to intervene if needed, while inflation pressures remain virtually unchanged and monetary conditions are deemed appropriate.
Iran Warns War Could Spread to New Arenas
An Iranian army spokesperson said the US continues to attack several areas, warning the war will expand into new arenas. Tehran has no confrontation with neighboring countries.
ING: Oil Prices Extend Gains on US-Iran Tensions, Tight Physical Market
ING analysts note that oil prices have risen further as US-Iran tensions escalate and tanker flows through the Strait of Hormuz face pressure. Large Q2 inventory drawdowns and the end of global SPR releases leave the market tighter.
UK GDP ekes out 0.1% growth in May
Monthly UK GDP rose 0.1% in May after a 0.1% decline in April, according to ONS data released today. The reading follows an unrevised 0.3% gain in March.
US Airstrikes on Iran Impact Gasoline Prices in CEE Region
The US launched new airstrikes against Iran, and President Trump vowed to intensify attacks until Tehran stops disrupting shipping in the Strait of Hormuz. Meanwhile, gasoline prices are shifting across Central and Eastern Europe.
WTI dips under $79 but bullish view holds on Iran tensions
West Texas Intermediate crude edged lower in Asian trading on Thursday, staying near a one-month high, as US-Iran tensions continue to support a bullish bias.
Gold Builds Floor Amid China Memory Crisis and Korea Leverage Unwind
Gold is finding support as China's memory chip sector collapses and Korea's leveraged trade positions unwind, following months of pressure from tightening monetary policy.