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US and Iran Trade Fresh Strikes, Dispute Whether Hormuz Is Open

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(Bloomberg) — The US and Iran exchanged fresh strikes overnight into Monday as they continued their tit-for-tat attacks while issuing conflicting declarations over whether the Strait of Hormuz was open to shipping. Read More

China’s Oil Imports May Be Set to Recover as Stockpiling Returns

China’s Oil Imports May Be Set to Recover as Stockpiling Returns

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(Bloomberg) — China’s crude imports look poised to recover from a months-long slump as the country relaxes fuel export curbs, raises run rates and snaps up prompt Middle East supplies, with analysts and traders forecasting a return to strategic stockpiling later this year. Read More

Treasury Two-Year Yields Rise to Highest Since 2025 as Oil Jumps

Treasury Two-Year Yields Rise to Highest Since 2025 as Oil Jumps

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(Bloomberg) — Treasury two-year yields climbed to their highest level since early 2025 as renewed tensions in Iran pushed up oil prices, fanning speculation that the Federal Reserve will need to raise interest rates to combat inflation.  Read More

Oil Jumps as US and Iran Trade Strikes, Dispute Hormuz Status

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(Bloomberg) — Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of Hormuz remains open to shipping.  Read More

Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap

Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap

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(Bloomberg) — Oil jumped and US equity futures fell after the US launched another round of strikes against Iran, while conflicting claims over the status of the Strait of Hormuz heightened uncertainty. Read More

Traders Grapple With World That’s Good for Dollar, Bad for Bonds

Traders Grapple With World That’s Good for Dollar, Bad for Bonds

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(Bloomberg) — What’s good for the US dollar isn’t always good for US bonds — but investors are finding ways to work around it. Read More

Goldman discusses what the Fed policy outlook means for equities

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US, Iran Trade Wave of Attacks as Tehran Says Hormuz Closed

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(Bloomberg) — US forces struck Iran for a third time in a week, prompting retaliatory attacks from Tehran as it declared the Strait of Hormuz would be closed “until further notice.”  Read More

US Launches Fresh Iran Strikes After Tehran Closes Hormuz

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(Bloomberg) — The US launched its third round of strikes on Iran this week as Tehran declared that it’s closing the Strait of Hormuz “until further notice.”  Read More

Fed’s Schmid Says More Cuts Could Drive Inflation Pressures

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(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More

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US Weekly Highlight

Tuesday July 14:
Core CPI – June
CPI – June

Wednesday July 15:
Core PPI – June
PPI – June

Thursday July 16:
Retail Sales – June
Core Retail Sales – June
Pending Home Sales – June

Friday July 17:
Housing Starts – May
Building Permits – June

Canada Weekly Highlight

Wedesday July 15:
BoC Interest Rate Decision

Thursday July 16:
Housing Starts – June

Rest of the world Weekly Highlight

Thursday July 16:
UK – GDP – May

Thursday July 17:
EU – GDP – June

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