Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
WTI crude tests the $80.46 pivot as OPEC+ prepares to approve a September output hike. Brent and natural gas chart setups also point lower.
WTI fell 7% on July 27 after the U.S. suspended Iran strikes. The gap broke the uptrend, leaving $82.7 as key support. A failure there could open a move to $80.5.
WTI crude falls to $81.50, Brent to $89.85 as U.S.-Iran talks raise hopes of a diplomatic resolution. Key support levels face test. Analysts flag supply risks.
Bullock said the RBA is prepared to raise the cash rate further if needed, warning that underlying inflation is still expected to rise as fuel costs feed through.
Natural gas gapped below $2.82 support, touching $2.77 as an expanding triangle pattern points to a potential retest of the $2.65 trend low. Momentum favors sellers.
WTI crude plunged 10% after Trump said U.S.-Iran deal likely, reopening the Strait of Hormuz. The dollar retreated as safe-haven demand faded, lifting EUR/USD.
US scaled back strikes, Iran signaled similar de-escalation, sending WTI to the 50-day EMA before recovering. With the SPR at 40-year lows, any renewed tensions could amplify price swings.
Oil gaps lower as US-Iran attacks pause, but Hormuz remains closed. Central bank decisions loom. German Ifo rises for third month.
The dollar gapped down Monday after the Middle East ceasefire surprised record speculative longs, reducing the Fed's incentive to hold rates high. The euro and yen gain.
ECB's Kazimir said at least one more rate hike is needed, warning that a worsening energy shock could require even more tightening. The next decision is Sept. 14.
Oil gapped lower on ceasefire hopes. But ship tracking shows the Strait of Hormuz remains effectively closed. LNG tankers haven't crossed since July 16.
September gas settled higher while August faded. A 183 Bcf surplus caps rallies. Thursday's EIA report and broad heat into the Midwest are the next tests.
Three central-bank decisions collide with US GDP and core PCE. The sequence from Fed to PCE will determine whether the first move survives.
BOJ leaves rate at 1% as inflation lags. Next hike to 1.25% hinges on oil, yen, and wage growth. USDJPY, GBPJPY, and EURJPY hold technical uptrends.
Broadening supply disruptions across three shipping corridors push Brent crude back to $100. Five technical levels to watch in Treasuries, equities, and the Dollar.
Three G10 central banks meet as oil spikes 25% in three weeks. The dollar is rising on rate differentials; the euro and yen are under pressure. Fed odds of a hike hit 33%.
Brent settled at $96.78, down 3.88%, and WTI at $89.31, down 3.12%, after a 10% weekly rally. The war premium came out of positioning, not the supply picture.
Deutsche Bank warns that a strengthening El Niño could disrupt food supplies and energy markets, with shipping disruptions adding to supply chain strains, complicating central bank inflation fights.
MUFG economists say oil faces more upside after Friday's pullback, with global transport disruptions now a bigger price driver than supply losses. WTI traded at $85.88.
Dollar-yen yield spread widens to three-week high after strong US jobs data; BOJ rate hike fails to stem yen's slide. CFTC shorts rise but not at extremes.
Canada's June CPI fell 0.4% month-on-month, core flat. BoC left rates at 2.25% and dropped hike bias. US inflation also cooled, pushing back July Fed hike expectations. Oil tensions remain a risk.
USD-JPY trades near ¥163.85, close to a 38-year low, as the US-Japan rate gap keeps the carry trade alive. Tokyo's intervention risk caps the upside at ¥165.
Oil slid 4% as profit-taking met diplomatic efforts on U.S.-Iran talks. WTI fell to $89, Brent to $95. The dollar eased, lifting EUR/USD and GBP/USD.
Trump said he will launch a 301 investigation into EU fines on Apple, Meta, Amazon, and Google, raising the risk of tariffs on European imports. The euro faces fresh downside risk.
The dollar's close above 101.21 shifts the technical edge to bulls. Palladium's breakdown below the ascending channel targets 1180, while copper needs a close below 632 to trigger a bearish leg, analyst Anna said.
Pakistan is working to restart U.S.-Iran talks, Reuters reported. Crude fell nearly $4 to $88.25, testing support near $87. The 100-hour moving average at $86.66 is the next line for buyers.
Canada's May GDP expected up 0.2% as U.S. Section 338 tariffs on Canadian goods don't bite until Aug. 20. Fed seen on hold Wednesday; Q2 U.S. GDP due Thursday at 2.4% annualized.
June new-home sales came in at 0.628M, above the 0.610M estimate, with a 1.6% month-over-month increase. The prior month was revised higher to 0.618M.
Services drove the composite PMI to 53.6 in July. Manufacturing output slipped to a four-month low. Chris Williamson warns Middle East tensions could worsen supply disruptions.
July flash PMI slipped to 53.8, missing the 54.3 estimate, as supply chain delays and price pressures intensified. The composite reading still points to 2% annualized GDP growth, but the chief economist warned that the upturn may not be the start of a lasting trend.