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WTI climbs above $87.00 as Middle East conflict threatens key choke points
West Texas Intermediate (WTI) oil price extends gains for the fifth consecutive day, trading around $87.30 per barrel during the Asian hours on Thursday. Crude oil prices surged as escalating Middle East tensions stoked fears of widespread supply disruptions.
Iran warns of ‘eye for an eye’ response if US carries out Trump’s threat
Iran’s Foreign Minister Abbas Araghchi said that Tehran would respond in kind to any attack on its infrastructure after US President Donald Trump threatened to bomb a bridge or power plant for every ship targeted in the Strait of Hormuz, the Guardian reported on Wednesday.Fxstreet
Wed, Jul 22
Chinese Yuan: Short-term consolidation with bullish bias against US Dollar – UOB
United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann see USD/CNH consolidating in the near term after recent downside moves. Their 24-hour view expects the Dollar to trade between 6.7635 and 6.7755 as downward pressure has eased.Fxstreet
Wed, Jul 22
South Korean Won: Internationalisation roadmap supports won recovery – DBS
DBS Group Research economist Ma Tieying analyses South Korea’s new South Korean Won (KRW) internationalisation roadmap, unveiled by the Ministry of Finance and Economy, Bank of Korea and Financial Services Commission.Fxstreet
Wed, Jul 22
China: Fiscal execution to support growth – Standard Chartered
Standard Chartered economists Carol Liao and Shuang Ding argue that China’s July Politburo meeting will prioritise implementation of existing fiscal plans over new stimulus. They expect fiscal execution to accelerate in H2 after a marked slowdown following front-loaded Q1 spending.Fxstreet
Wed, Jul 22
Aluminium: Tariff tweaks seen as long-term policy – ING
ING analysts discuss changes to US Section 232 aluminium tariffs aimed at incentivizing domestic smelting investment. Qualifying projects can import at 25% instead of 50%, but ING stresses this is a long-term industrial policy with limited near-term impact.Fxstreet
Wed, Jul 22
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AMD Beat on Revenue, Profit, and Guidance — So Why Did the Stock Drop 7%?
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SpaceX's Q2 2026 revenue increased by 92% year-over-year, with AI revenue surging by 247%：However, a sharp increase in capital expenditures caused its stock price to fall by more than 8% at one point.
Gold Price Forecast: Expectations of Easing US-Iran Tensions May Lift Gold to $4,350
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