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The tech-heavy index is on track for new records fuelled by the AI boom, but a negative market reaction to the latest AI earnings weighs today.
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Oil, the USDOLLAR, XAUUSD and JPN225 are nearing decisive levels that could reveal the market’s next major conviction trade.
The critical mineral is on track for new record highs on structural demand and regional tightness, but geopolitical risks and consumption headwinds linger.
UKOil remains bearish below $86 as easing Iran tensions strip out geopolitical risk.
USD/JPY extends its decline after the two countries took joint action to stem yen weakness and volatility, but structural tailwinds persist.
UKOil tests critical support as uneven Hormuz flows erode the supply premium.
The H1 2026 earnings illustrated the severe challenges facing the European auto industry, but also offered indications that turnaround plans are working.
Oil surges, USDOLLAR breaks higher, gold hesitates and SPX500 rotates as the Fed takes centre stage.
UKOil’s overheated July rally has hit a geopolitical reality check, with $85-$86 now deciding whether the uptrend survives or unravels.
XAU/USD gains as the US and Iran pause hostilities, easing inflation fears ahead of the Fed decision, but price pressures and geopolitical uncertainty linger.
The latest soft inflation print may help the Fed avoid a rate hike on Wednesday, but the US-Iran conflict sustains upside risks, fuelling uncertainty around the outcome.
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