According to Jinshi reports, U.S. President Trump stated that bombing would begin if Iran does not agree to the deal. If Iran agrees, the "Epic Fury" operation will come to an end; at that time, with highly effective blockade measures, the Strait of Hormuz will be fully open to all parties, including Iran.
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Key Takeaways: Oil prices surged past $100 a barrel amidst Trump’s speech about the winding down of the…






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U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.









Key Takeaways: Oil prices surged past $100 a barrel amidst Trump’s speech about the winding down of the…