TradingKey

The conflict over the Strait of Hormuz has escalated once again. Both gold and Bitcoin have declined and are likely to remain under pressure.

BTC defies global conflict to reclaim $62K. Read our latest Bitcoin price prediction to see if the crypto market bottom is officially in.

• Softening US inflation data reduced Fed rate expectations, weakening the US dollar. • RBNZ's restrictive monetary policy stance provides yield support for the New Zealand dollar. • Improved global risk sentiment and Chinese fiscal support boosted the kiwi currency.

TradingKey - On July 13 (ET), the three major U.S. stock indices closed lower across the board. The conflict between the U.S. and Iran escalated over the weekend, as Iran claimed it would close the Strait of Hormuz and the U.S. announced the restoration of a shipping blockade on Iran, driving a shar

Equinix deployed Secure AI Factories with Cisco and Nvidia across its global footprint, raised full-year guidance, and declared its 11th consecutive annual dividend increase. At $1,037 in a descending channel, Q2 earnings on July 29 is the catalyst. Here’s the week-ahead setup.

Japanese and South Korean stock markets continued their sell-off, with the KOSPI Index and Nikkei 225 under pressure. SoftBank and Kioxia both fell by more than 5%, while the declines in Samsung Electronics and SK Hynix moderated.

• Positive oncology clinical data supports Bristol-Myers Squibb’s long-term revenue diversification strategy. • Operational restructuring and cost-optimization initiatives have contributed to improved analyst earnings forecasts. • Technical indicators including MACD and Williams %R suggest a potential buy signal.

• Equinor shares rose following a significant surge in European natural gas prices. • Operational efficiency and renewable energy progress have improved the company's long-term risk profile. • Institutional activity and a softening U.S. Dollar have contributed to recent stock momentum.

• ASE Technology faces downward pressure from weakening consumer electronics and semiconductor demand. • Rising material costs and capital intensity are negatively impacting short-term profit margins. • Institutional investors are shifting capital toward stable sectors amid broader macroeconomic uncertainty.

• ADP stock momentum reflects resilient labor market data and positive fiscal outlooks. • Generative AI integration is expected to improve operating margins and competitive positioning. • Stabilized interest rates provide predictable earnings from client funds held in trust.

• BP shares rose due to increased global energy demand and tighter oil supplies. • Higher production efficiency in the North Sea and Gulf of Mexico bolsters cash flow. • Investors favor BP for its share buyback program and robust dividend yield.

TradingKey - Trump announced that the U.S. will take control of the Strait of Hormuz and collect "tolls," which, combined with a plunge in the South Korean stock market, dampened market sentiment. The three major indices fell across the board, with SpaceX and SK Hynix ADRs dropping close to their offering prices. Memory stocks slumped, and the Philadelphia Semiconductor Index fell more than 5%. At the close, the Dow Jones Industrial Average fell 0.26% to 52,498.64; the Nasdaq Composite Index fell 1.55% to 25,873.18; and the S&P 500 Index fell 0.79% to 7,515.34.

• Weak Chinese economic data and manufacturing output negatively impacted the Australian Dollar. • Widening yield differentials favor the US Dollar due to hawkish Federal Reserve expectations. • Global risk aversion triggered institutional stop-loss selling of the Australian Dollar.

• Dell faces downward pressure as market optimism for AI hardware cycles cools significantly. • Aggressive competitor pricing and margin compression impact the company’s enterprise server segment. • Macroeconomic uncertainty and elevated interest rates prompt corporate IT budget tightening.

• Rising global crude oil prices are boosting ConocoPhillips' projected margins. • Efficient acquisition integration has improved the company's free cash flow outlook. • Investment banks raised outlooks citing low supply costs and strong asset execution.

• ServiceNow shares rose due to investor interest in generative AI and software integration. • Analysts increased price targets citing strong demand for Pro Plus subscription tier contracts. • Stabilization in fixed-income markets supported gains for high-growth enterprise software stocks.

• Regulatory scrutiny may delay 777X certification into the late 2020s. • Supply chain bottlenecks continue to hinder 737 MAX production and cash flow. • Analysts revised price targets downward following persistent operational and delivery concerns.

• Vertiv shares declined amid cooling investor sentiment toward artificial intelligence infrastructure. • Potential hyperscaler GPU deployment delays create concerns regarding data center equipment demand. • Increased competition and shifting procurement strategies contribute to current market volatility.

TradingKey - The two major crude oil futures benchmarks surged nearly 10%. As of writing, WTI crude rose 9.22% to $78.09, and Brent crude rose 9.39% to $83.15. Reportedly, the U.S. Navy-led Combined Maritime Information Center stated that the U.S. military will begin implementing a maritime blockade of all Iranian ports and coastal areas starting at 20:00 GMT on July 14. The blockade applies to all vessels, regardless of their flag, and covers the entire Iranian coastline, including but not limited to all Iranian ports and oil terminals. The blockade will not impede the transit of neutral vessels through the Strait of Hormuz to and from non-Iranian destinations. Shipments of humanitarian supplies will be permitted, subject to inspection.

• Rising Treasury yields and Federal Reserve signals are compressing semiconductor sector valuation multiples. • Hyperscale cloud providers increasing internal chip development is pressuring NVIDIA’s data center dominance. • Technical breaches, ETF rebalancing, and potential export restrictions are driving recent stock volatility.