Market news
Crypto, stocks, forex and macro, aggregated for traders.
Ukrainian Firm Skyfall Tests Long-Range Strike Weapon with 600 km Range
Ukrainian defence company Skyfall is testing a new long-range strike weapon capable of at least 600 km, aimed at enhancing deep-strike capabilities against Russia. The firm is also developing an AI-enabled high-speed interceptor drone and has secured a Pentagon order for more than 2,500 drones.
Gold Holds Near $4,000 as Traders Weigh US-Iran Tensions, Fed Rate Hike Expectations
Gold remained near $4,000 an ounce as traders balanced escalating U.S.-Iran tensions against expectations of a Federal Reserve rate hike later this year, with oil-driven inflation adding pressure and mediation reports limiting further losses.
Iranian Attack Kills Two U.S. Service Members in Missile Strikes on Airbase
An Iranian missile attack on a U.S. airbase killed at least two American service members and struck prefabricated housing units. The strike was one of three separate attacks on the base within 24 hours last week, according to the Wall Street Journal.
Israel-Lebanon Normalisation Talks to Resume in August
According to Jerusalem Post sources, no deadline has been set for the Lebanese Armed Forces to demilitarise designated zones. Further implementation of pilot zones depends on the success of the initial programme, with broader talks on normalisation and Hezbollah demilitarisation expected to resume in early August.
Mediators Push for US-Iran Ceasefire Amid Strait of Hormuz Collapse
Mediators are working to broker a ceasefire between the US and Iran as traffic in the Strait of Hormuz has collapsed to just 10 ships per day. Qatar proposed a 10-day ceasefire and an end to shipping restrictions in the strait to reduce tensions.
Trump Defends Netanyahu, Blasts Iran in Truth Social Post
Former President Trump posted on Truth Social that Israeli PM Netanyahu will not be arrested in the US and accused Iran of killing 52,000 protesters and American soldiers over 47 years.
Trump Warns of Automatic Retaliation Against Iran
President Donald Trump declared on Truth Social that any American soldier killed by Iran will be repaid many times over, stating the directive has been passed to military leaders.
Evidence Points to Long-Term Bond Bear Market Shift
Underlying bond market dynamics may have shifted toward a long-term bearish setup, implying higher long-term interest rates despite central bank actions.
Gold and Silver Under Pressure, Pullback Extends
Gold and silver experienced another week of decline, extending the recent pullback that has frustrated precious metals investors.
Trump: Netanyahu Will Not Be Arrested in US, Criticizes Iran
President Trump stated on Truth Social that Israeli Prime Minister Netanyahu will not face arrest while in the United States, and accused Iran of killing American soldiers and protestors.
Trump Issues Directive: Iran Will Pay 'Many Times Over' for Killing US Soldiers
President Trump announced that any Iranian killing of an American soldier will result in severe retaliation, passing the directive to his Secretary of War and military leaders.
UK Bond Yields Rise as Markets React to Burnham Becoming PM, Reeves Sacked
UK bond yields rose after news that Rachel Reeves was sacked as Chancellor and Andy Burnham became Prime Minister, replacing Keir Starmer's cabinet.
S&P 500 Implied Correlation Hits Record Low of 0.15
The S&P 500's 6-month implied correlation dropped to an all-time low of 0.15, signaling extreme divergence among individual stocks as mega-cap names drive the market.
US National Debt Reaches $40 Trillion: Disinflation No Panacea
The US national debt has hit $40 trillion. The post argues that disinflation does not resolve the underlying fiscal trap.
Gold Fails to Rally Despite Escalating US-Iran Conflict
Despite a weekend of intensified US-Iran hostilities, including the killing of three American service members and continued airstrikes, gold prices failed to rally.
Brent Rises on Geopolitical Risks, Support from Crack Spreads – SocGen
Societe Generale analysts note Brent crude has surged due to US-Iran tensions, Trump's rhetoric, and Houthi blockade threats, while crack spreads in Asia and the US outperform on tighter refined product conditions.
Trump Calls on House GOP to Vote Yes on Budget Resolution
President Donald Trump urged House Republicans to vote for the budget resolution this week, framing it as a critical step to enact the SAVE AMERICA Act and provide aid to farmers and the military.
Hedge Funds Dump US Tech Stocks at Record Pace
Hedge funds have sold information technology stocks in six of the last eight weeks, pushing total eight-week sales to the highest in at least a decade. Last week alone, tech was the most-sold US sector, and tech exposure as a share of total market exposure fell to its lowest since February 2026.
Gold Rally Capped by Fed Risks and Dollar Strength: TD Securities
TD Securities commodity strategists led by Bart Melek warn that gold’s upside is limited due to Fed risks and a strong dollar, with investors sharply reducing long exposure amid higher oil prices from the US-Iran conflict.
TD Securities: Fed on Hold Through 2026 with Upside Hike Risk
TD Securities expects the Federal Reserve to keep the fed funds rate unchanged until 2026, citing persistent inflation above target and a resilient labor market, with an upside risk that the next move could be a hike.
US Indices Open Higher: Dow +0.26%, S&P 500 +0.54%, Nasdaq +0.82%
US stock indices advanced at the opening bell: the Dow Jones rose 136.27 points (0.26%) to 52,282.69, the S&P 500 gained 40.50 points (0.54%) to 7,498.19, and the Nasdaq added 208.09 points (0.82%) to 25,728.34.
Oil Supported by Diplomatic Risk, BNY Says
BNY's Geoff Yu notes that Iran's signals of continued military response alongside active mediation keep the Middle East conflict in a managed but unstable state, underpinning oil prices.
Silver climbs toward $57 as safe-haven demand offsets Fed hike expectations
Silver (XAG/USD) rose 1.6% on Monday to near $56.90 per ounce, driven by safe-haven buying amid Middle East tensions despite renewed expectations of Fed rate hikes.
Houthis Declare Maritime Embargo on Saudi Arabia Through Bab al Mandeb
Yemen's Houthis announced a maritime embargo against Saudi Arabia, barring Saudi vessels from transiting the Bab al Mandeb Strait. Saudi Arabia ships about 4.5 million barrels of crude oil per day through this key waterway.