Market News US forces have launched further attacks on several locations in southern Iran, and Trump is working to lift sanctions against Türkiye!
Markets News
US forces have launched further attacks on several locations in southern Iran, and Trump is working to lift sanctions against Türkiye!
2026-07-08 09:44:17
Hot spot tracking
- Saudi Arabia plans to expand its oil pipeline along the Red Sea, bypassing the Strait of Hormuz, increasing its daily capacity by 2 million barrels. This news is bearish for crude oil.
- Trump: We are working on lifting sanctions against Turkey and will make a decision on the F-35 purchase issue. This news is positive for the defense industry sector.
- The US trade deficit widened to its largest in over a year in May, with imports rising across the board while exports declined. This news is bearish for the US dollar.
Product Hot Comment
Forex
Product Yesterday's Change Yesterday's Close Today's Open EUR/USD ▼-0.07% 1.13996 1.14072 GBP/USD ▼-0.08% 1.33424 1.33532 AUD/USD ▲0.10% 0.69296 0.69227 USD/JPY ▲0.15% 162.398 162.159 GBP/CAD ▼-0.01% 1.89479 1.89503 NZD/CAD ▼-0.04% 0.80554 0.80583 📝 Review:On Tuesday, after the U.S. Treasury revoked waivers allowing the sale of Iranian oil, markets worried that high energy prices would prompt the Federal Reserve to raise interest rates. The U.S. dollar index rebounded above 101, ultimately closing up 0.22% at 101.09; the benchmark 10-year U.S. Treasury yield closed at 4.556%, and the 2-year U.S. Treasury yield, which is sensitive to the Fed's policy rate, closed at 4.197%.🕵️ Operation suggestion:USD/JPY 162.294 Buy Target Price 162.980
Gold
Product Yesterday's Change Yesterday's Close Today's Open Gold ▲0.20% 4107.82 4099.5 Silver ▼-0.46% 59.552 59.83 📝 Review:Spot gold rose and then fell back, eventually closing down 1.43% at $4,105.7 per ounce; spot silver fell below $60, eventually closing down 3.3% at $59.98 per ounce.🕵️ Operation suggestion:Gold 4102.06 Sell Target Price 4022.80
Crude Oil
Product Yesterday's Change Yesterday's Close Today's Open WTI Crude Oil ▲0.32% 72.489 72.26 Brent Crude Oil ▲0.27% 76.281 76.079 📝 Review:International oil prices rose after the United States reinstated sanctions on Iranian oil following allegations that Iran attacked a liquefied natural gas tanker from Qatar near the Strait of Hormuz. Further attacks by US forces in several southern Iranian locations also contributed to the price increases. WTI crude oil ultimately closed up 5.01% at $72.38 per barrel, while Brent crude oil closed up 5.4% at $75.81 per barrel.🕵️ Operation suggestion:WTI Crude Oil 72.288 Buy Target Price 74.932
Indice
Product Yesterday's Change Yesterday's Close Today's Open Nasdaq 100 ▲0.36% 29244.15 29139.85 Dow Jones ▼-0.16% 52800.3 52884.8 S&P 500 ▲0.12% 7506.05 7496.75 US Dollar Index ▲0.12% 101.04 100.92 📝 Review:U.S. stocks closed down 0.25%, the S&P 500 down 0.45%, and the Nasdaq down 1.16%. Storage chip stocks continued to decline, with SanDisk (SNDK.O) down 7%, Western Digital (WDC.O) down nearly 8%, and Micron Technology (MU.O) down 4.7%. SpaceX (SPCX.O) fell nearly 7%. The Nasdaq China Golden Dragon Index closed down 0.57%, and iQiyi (IQ.O) fell nearly 7%.🕵️ Operation suggestion:Nasdaq 100 29117.650 Sell Target Price 28562.426
Calendar
- 19:00 (GMT+8): US MBA 30-year fixed mortgage rate for the week ending July 3
- 22:00 (GMT+8): US May Wholesale Sales MoM
- 22:30 (GMT+8): US EIA Crude Oil Inventories for the week ending July 3
Bonus rebate to help investors grow in the trading world!
Or try Free Demo Trading