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• Resilient US economic data reduced Federal Reserve aggressive monetary easing expectations. • Banxico may cut rates following a faster-than-anticipated decline in domestic inflation. • USMCA regulatory uncertainty and geopolitical risks increased demand for safe-haven assets.

TradingKey - According to an employer survey analysis jointly conducted by McKinsey & Company, the U.S. semiconductor industry association SEMI, and the National Science Foundation, the technical workforce shortage in the U.S. chip industry is projected to reach as many as 157,000 full-time employees by 2030.

TradingKey - A recent in-depth report released by research firm SemiAnalysis shows that Anthropic, an AI large model company, is projected to achieve over $1 billion in GAAP EBIT by the third quarter of 2026, with its annual recurring revenue (ARR) surging from $9 billion at the end of 2025 to over $60 billion. SemiAnalysis believes that if Anthropic continues to execute its strategy efficiently, it has the potential to become the first company to reach a market capitalization of $6 trillion.

• WTI crude prices surged due to escalating geopolitical tensions in the Middle East. • The U.S. revoked sanctions waivers, threatening to remove Iranian oil from global markets. • Falling U.S. crude and gasoline inventories provided additional fundamental support for oil prices.

• US natural gas futures reached a one-week high amid declining domestic production. • Lower 48 states dry gas production fell to 109.4 billion cubic feet daily. • Increased heatwaves and rising LNG export demand support current market bullish sentiment.

• Brent crude prices rallied following heightened military hostilities in the Middle East. • The United States revoked licenses authorizing the sale of Iranian crude oil. • Geopolitical risks replaced prior market expectations of a global oil supply glut.

• Brent crude prices rose following military strikes in the Middle East. • The U.S. Treasury revoked a license authorizing Iranian oil sales globally. • U.S. crude inventories declined for the twelfth consecutive week amid resilient demand.

TradingKey - The gold you hold has been quietly mispriced for thirty years. Here's the mechanism behind it — and why it's finally breaking down.

TradingKey - During the Asian trading session on July 8, Samsung's stock price at one point swung from a 1% gain to a plunge of over 7%, hitting a low of 273,500 KRW, before closing down 6.25% at 277,500 KRW. Although Samsung yesterday released a Q2 earnings guidance that far exceeded the same period last year, its stock price failed to sustain the positive earnings momentum. Instead, it slumped for two consecutive trading days, with a cumulative decline of nearly 14%.

TradingKey - According to sources cited by The Information, SpaceX's artificial intelligence division, SpaceXAI, and programming tool company Cursor plan to launch their first jointly developed AI model as early as this Wednesday.

Japanese and South Korean stock markets fell across the board, with the KOSPI Index plunging over 5% and the Nikkei 225 dropping more than 2%. Samsung and SK Hynix fell sharply by approximately 6%, while SoftBank and Kioxia recorded modest losses.

TradingKey - According to disclosures by the U.S. Federal Communications Commission (FCC), SpaceX submitted an application to the FCC this week, requesting approval to launch and operate a third-generation (Gen3) constellation consisting of 100,000 satellites, aiming to build a global communications infrastructure for the AI era.

• The Reserve Bank of New Zealand increased the Official Cash Rate by 25 basis points. • The central bank signaled that further monetary policy tightening will likely be required. • Geopolitical tensions and soft US labor data influenced the NZDUSD currency pair's performance.

• Global risk-off sentiment and tight macro liquidity are pressuring BNB's market valuation. • Regulatory scrutiny and reduced launchpool activity have lowered institutional demand for BNB. • Contraction in derivatives open interest and stagnating TVL reflect localized selling pressure.

• XRP declined due to technical resistance, profit-taking, and reduced derivatives leverage. • Regulatory approval in Luxembourg failed to generate immediate positive price momentum. • Speculative liquidity shifted toward lower-cap altcoins, pressuring XRP’s short-term price.

• SOLUSD declined due to profit-taking and the liquidation of overleveraged long positions. • Large-scale holders moved tokens to exchanges, increasing short-term sell-side pressure. • Solana's on-chain fundamentals remain robust with record transaction throughput and institutional inflows.

TradingKey - As of the Asian session on July 8, WTI (USOIL) crude oil prices rose to around $72, rebounding significantly from the previous few trading days. On the technical side, oil prices had previously fallen below $70 due to expectations of US-Iran negotiations, the resumption of navigation through the Strait of Hormuz, and pressure from OPEC+ production increases. However, as the incident of vessel attacks in the Strait of Hormuz escalated, and the US resumed military actions and sanctions against Iran, the market quickly priced back in the Middle East supply risk premium, driving a continuous rebound in WTI.

• The New Zealand dollar rose against the US dollar ahead of policy decisions. • Markets expect the Reserve Bank of New Zealand to raise interest rates soon. • Soft US labor data and divergent interest rate paths weakened the US dollar.

TradingKey - International crude oil markets reacted swiftly following a new round of offensive strikes launched by the U.S. military against Iran, with both WTI (USOIL) and Brent crude rising. The U.S. Central Command stated that the operation was in response to Iran's recent attacks on commercial vessels in the Strait of Hormuz. The targets of the strikes included Iranian air defense systems, command and control networks, coastal radar, and anti-ship missile capabilities, while several Islamic Revolutionary Guard Corps small boats were also destroyed in the relevant waters.

SK Hynix reversed its weak opening and surged rapidly intraday; however, chasing the rally blindly is not advised.