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Credit Markets Wary of AI Boom, Chinese Inflation, Japanese Service Sentiment

AI credit risks rise; China inflation softens, Japan data strengthens, but yen weakens despite hawkish BoJ signals.
10 August 2026

Risk Assets Rally, Crude Drags Inflation Expectations

Stocks hit record highs as earnings, easing oil and softer Fed expectations align, but markets remain vulnerable if growth or oil reverses.
5 August 2026

LATEST REPORTS

Margins dropped in Asian, US, and European regions

Refinery Margins Report for the week ending 07 August
11 page report
10 August 2026

Bearish Reversal

Speculators trim crude length on greater hopes for a Hormuz reopening; CTA short selling decelerate; natural gas length near 2-year lows
13 page report
10 August 2026

Brent drops on US jobs report, sees support into the afternoon

The 13:30 BST drop emerged alongside the release of US non-farm payrolls, which posted a loss of 23,000 jobs in the US  in July 2026...
7 August 2026
Diver

C3 FEI

Some length has unwound in the front FEI spread, but positioning stays net long. Monitor $27/mt for a critical reversal indicator....
7 August 2026