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US-Iran Strikes Continue Overnight, FOMC Minutes Lean Hawkish

Stocks rally on Trump deal comments, Fed stays hawkish, China CPI misses, AI cash flows weaken, and fund manager cash hits record lows.
9 July 2026

US Strikes Iran, KOSPI Breaks Support, Chinese Real Estate Collapses

US strikes Iran; Brent +6%, stocks fall, yields and USD rise, while AI and broader market fragility remain in focus.
8 July 2026

Latest reports

Brent Rises As Trump Reinstates Blockade

Brent rises as US-Iran tensions escalate. OPEC cuts 2026 demand outlook, while Nigeria output and global fuel security efforts grow.
13 July 2026

CFTC Weekly: Risk on in Products

Outright length in Brent lowest since December
13 page report
13 July 2026

Mind the Arb

This week, we look at trades in Crude and Gasoline swaps.
9 page report
13 July 2026

Surprise from China

RBBR volatility and Chinese export increases cause big swings in gasoline
14 page report
13 July 2026