Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Brent crude nears $100 as Houthi attacks on Saudi tankers and Trump's Iran warning trigger a synchronized selloff: Treasury yields above 4.70%, Dow futures down 500 points, and the Dollar at fresh highs.
Canada retail sales rose 1.0% in May to CAD 73.7B, with core sales up 0.9%. Statistics Canada's advance estimate points to a further 0.4% gain in June.
Continuing claims fell alongside the headline print. Economists said the labor market shows no sign of cracking. The dollar rallied, and short-term Treasury yields rose.
USD/JPY clears 163 as US yields climb; CAD/JPY and AUD/JPY gain on oil strength. Traders eye intervention risk but uptrend remains intact.
The ECB held rates at 2.25%, warning the full inflationary impact of the energy shock has yet to play out. Lagarde's press conference is the next catalyst.
The ECB's hold at 2.25% comes with energy inflation still a risk. The Council is not pre-committing to a rate path. Lagarde's press conference at 14:45 CET will be key for forward guidance.
European stocks fell as oil extended gains and the dollar strengthened, with Middle East tensions dominating. The safe-haven bid lifted the 10-year Treasury yield.
India's ethanol-blended petrol programme saved ₹1.97 lakh crore in forex by substituting 316 lakh tonnes of crude oil. The 20% blend target was met early, but any move beyond that requires more study and auto-industry consultation.
August natural gas futures test $2.974 resistance ahead of EIA storage report as central U.S. heat wave meets supply surplus that has capped every summer rally.
The ECB meets this week with markets pricing a 90% chance of a September hike. EURUSD is rising on expectations of hawkish rhetoric from Lagarde, even as oil and yields push higher.
Rupee held near flat despite oil price strain as RBI intervention absorbed dollar demand. State-run banks sold dollars on the central bank's behalf, keeping the currency inside a tight band.
Brent oil above $97 as Red Sea attacks push toward $100. A break above could signal supply disruption, reshaping inflation expectations and central bank policy across asset classes.
France's July business confidence index rose to 97, beating the 95 forecast and the June reading of 96. The Insee survey showed broad gains in manufacturing, services and retail trade, though energy costs remain a risk.
Beijing began live-fire exercises around Dongshan Island hours after Rubio criticized Chinese coast guard activity near Taiwan.
Brent crude holds near a six-week high as US-Iran strikes continue and the Strait of Hormuz closure threat grows, while Asian equities rally on AI spending and Australian jobs surge.
Australian dollar jumps as employment report shows full-time jobs growth and unemployment at 4.4%, reinforcing RBA hawkish bias and lifting AUD/USD toward resistance.
Employment surged 76.3k in June, tripling the consensus call, while the jobless rate held at 4.4% as participation hit a record 67.0%.
Brent crude reached $96, WTI topped $88 after US strikes on Iran and Houthi attacks on Red Sea tankers. Analysts see $120 if Hormuz closes.
The US and Saudi Arabia signed a nuclear cooperation agreement, giving American firms access to the kingdom's civilian nuclear sector under safeguards. The pact now faces congressional review.
USD/PHP rallied 0.6% in July to test 61.70 highs. Rising crude costs and a hawkish Fed under Warsh offset the BSP's 4.75% rate hike. ANZ forecasts 63 by year-end.
USTR Greer told the Senate Canada has not made meaningful trade concessions as the administration weighs next tariff steps on Canadian goods.
The Reserve Bank of India sold $6 billion in May to defend the rupee from surging crude oil prices, data showed. The intervention drew down reserves by $4 billion.
Crude jumps 3% after Trump vows to bomb Iranian bridges and power plants if Tehran attacks ships in the Strait of Hormuz. $89.48 100-DMA caps the rally.
UK inflation fell more than expected in June, cooling to 2.6% and dampening BOE rate hike bets. GBP/EUR slipped to €1.1729, with the euro zone CPI report due Monday.
UK CPI slowed to 2.5% in June, below expectations. Core inflation held at 2.6%. Services eased only marginally. BoE rate cuts look distant.
UK headline CPI eased to 2.6% in June, just below the 2.7% forecast. Core inflation rose 0.3% month-on-month, above the 0.2% estimate, and services inflation held at 3.6%.
UK CPI June: Headline inflation expected to ease from May's 8.7%, core seen dipping. Barclays flags transport and holidays as drivers. Report unlikely to shift BOE outlook, with 40 bps of hikes priced by year-end.
WTI crude oil's five-wave rally from the July low points to further upside, with the pivot at $67.05 holding as the key floor for the bullish count.
Crude rally above $85 blunts rupee rebound as foreign portfolio inflows of $2B are absorbed by higher oil import costs. RBI intervention and US CPI next for cues.
The rupee strengthened 21 paise to 96.24 against the dollar, helped by lower oil prices and foreign inflows. Dealers see near-term resistance at 96.20.