United States Baker Hughes US Oil Rig Count climbed from previous 411 to 412

TradingKey - As of the Asian session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, and were last seen consolidating near $4,320, marking a cumulative pull-back of nearly 9% from last week's peak of close to $4,700. A recent significant escalation in the US-Iran military conflict has driven a sharp rally in international crude oil prices (USOIL). Meanwhile, rising expectations of Federal Reserve rate hikes, a strengthening US dollar, and a rapid climb in US Treasury yields continue to put downward pressure on gold.

TradingKey - As of the Asian trading session on September 2, international oil prices rose sharply, with WTI crude (USOIL) reclaiming $90 and Brent crude (UKOIL) surging above $95 to hit a high of $97.04. Meanwhile, gold prices (XAUUSD) continued to slide, with spot gold dropping to around $4,300. The further escalation of the US-Iran conflict drove up energy prices and global bond yields, becoming the primary trading driver in the commodities market.

TradingKey - On September 1 ET, the three major US stock indices closed lower across the board, with the Nasdaq falling by over 1%. The US launched another airstrike against Iran, further escalating the US-Iran military conflict, which pushed international oil prices sharply higher and drove US Trea

TradingKey - Custom AI chip giant Broadcom (AVGO) will release its third-quarter fiscal 2026 earnings report after the market close on September 2, Eastern Time.

SpaceX SPCX at $171.91, clearing Fib 0.236 at $170.19 after a +19.2% debut close at $160.95. IPO closes June 15. First earnings September 2, 2026. 18,712 BTC in treasury. MSCI inclusion T+1. Fib target $183.96.