June data reveals a steeper-than‑anticipated 6.4% month‑on‑month fall in consumer spending, even as real wages rise 1.6% YoY, complicating the Bank of Japan’s view ahead of its September policy meeting.
Spot gold rose modestly in early Asian trading, with market participants eyeing potential breakthroughs in the Middle East and the upcoming U.S. nonfarm payrolls report.
Brent and WTI crude climbed after Iran released a draft proposal restricting transit through the Strait of Hormuz, prompting fears of a supply crunch amid geopolitical tensions and recent attacks on Russian refineries.
On August 6 2026, Lumen Technologies’ chief executive bought 100,000 shares at an average of $6.13, adding to a large equity position. The move comes as the company pivots toward Network‑as‑a‑Service for AI, while grappling with heavy debt. Investors weigh the implications.
Live cattle futures fell between $2.95 and $4.55 on Thursday, feeder cattle also dropped, while USDA data showed a six‑week peak in beef export sales.
U.S. stocks fell on Thursday as higher crude prices amid Middle‑East tensions prompted concerns of a tighter monetary stance, with tech stocks dragging the market while earnings and economic data provided some support.
U.S. soybean futures edged higher on Thursday, closing near recent highs as speculation about a sizable Chinese purchase and a private export sale of 122,000 MT for the 2026/27 crop kept traders bullish.
Interest rate differentials are the core factor that makes carry trades attractive. Understanding how they work, how to calculate potential returns, and the risks involved is essential for any trader considering this strategy.