Market Minutes

Read snapshots of the latest market news

Daily discussion thread for July 22, 2026

Rising US-Iran conflict in the Middle East has pushed oil prices up by over 25% in July. Meanwhile, Alphabet and Tesla second-quarter earnings delivered mixed performance, and Japan’s trade deficit expanded significantly due to a surge in energy imports.

Daily discussion thread for July 21, 2026

Strong quarterly earnings led by the financial and industrial sectors pushed US equities higher. However, rising oil prices and persistent geopolitical tensions elevated Treasury yields amidst heightened concerns over a potential rate hike by the Federal Reserve.

Daily discussion thread for July 20, 2026

Middle East geopolitical tensions escalate as Houthi forces target Saudi shipping near the Bab el-Mandeb Strait, while cooling Canadian inflation eases pressure on the Bank of Canada amidst ongoing Q2 US earnings reports and major global economic releases.

Daily discussion thread for July 17, 2026

Escalating US-Iran tensions lifted oil prices and weighed on US equities amid compounding inflation concerns. Stronger-than-expected consumer sentiment provided some support to the broader market, while sharp declines in Netflix and SpaceX exerted pronounced downward pressure on the Nasdaq.

Daily discussion thread for July 16, 2026

Escalating Middle East tensions have heightened the risk of energy supply disruptions, particularly within the Red Sea maritime corridor. Conversely, robust US bank earnings have underscored underlying domestic economic resilience, whereas Netflix shares retreated post-market despite surpassing quarterly earnings per share expectations.

Daily discussion thread for July 15, 2026

Middle East tensions remained elevated, supporting crude oil prices despite limited overall gains. Concurrently, China’s activity data showed marked improvement, the Bank of Canada held interest rates steady, and a softer US producer price inflation reading eased upward pressure on the US dollar.

Daily discussion thread for July 14, 2026

US inflation cooled more than expected in June, easing immediate Federal Reserve interest rate hike fears and lifting US equities. Meanwhile, robust Chinese trade data supported global growth optimism, while Japan’s industrial production contracted unexpectedly, signalling renewed manufacturing weakness.

Oil jumps as US–Iran tensions re-escalate; Indian inflation accelerates

Oil prices surged after renewed US–Iran tensions and the closure of the Strait of Hormuz heightened supply risks. Rising energy costs intensified inflation concerns, while India’s inflation rate exceeded forecasts.

SK Hynix makes solid US market debut amid AI enthusiasm; Japanese PPI accelerates

The US American Depositary Receipts (ADR) debut of SK Hynix, raising $26.5 billion, has underscored ongoing enthusiasm for artificial intelligence, while Japan’s Producer Price Index (PPI) accelerated to 7.1%, intensifying inflationary concerns.

US stocks rebound despite rising Middle East tensions; Chinese inflation slows

US equity markets advanced as a contraction in global oil prices countered geopolitical friction in the Middle East. Concurrently, consumer price inflation in China moderated to a 1.0% annual rate, while US domestic macro data revealed a decline in existing home sales.