Strait of Hormuz oil shipments fall toward pre-peace deal levels as war reignites
https://finance.yahoo.com/markets/article/strait-of-hormuz-oil-shipments-fall-toward-pre-peace-deal-levels-as-war-reignites-172923974.html
https://finance.yahoo.com/markets/article/strait-of-hormuz-oil-shipments-fall-toward-pre-peace-deal-levels-as-war-reignites-172923974.html
Yahoo Finance
Strait of Hormuz oil shipments fall toward pre-peace deal levels as war reignites
Oil flows through the Strait of Hormuz had begun a solid recovery under the US-Iran deal. But that progress is quickly reversing.
BlackRock crosses $15 trillion in assets under management as Larry Fink hails 'strong' market fundamentals
https://finance.yahoo.com/markets/stocks/article/blackrock-crosses-15-trillion-in-assets-under-management-as-larry-fink-hails-strong-market-fundamentals-142829372.html
https://finance.yahoo.com/markets/stocks/article/blackrock-crosses-15-trillion-in-assets-under-management-as-larry-fink-hails-strong-market-fundamentals-142829372.html
Yahoo Finance
BlackRock crosses $15 trillion in assets under management as Larry Fink hails 'strong' market fundamentals
BlackRock crossed $15 trillion in assets under management in the second quarter.
PayPal co-founder and Affirm CEO details his 'very high bar' for M&A
https://finance.yahoo.com/markets/article/paypal-co-founder-and-affirm-ceo-details-his-very-high-bar-for-ma-135724022.html
https://finance.yahoo.com/markets/article/paypal-co-founder-and-affirm-ceo-details-his-very-high-bar-for-ma-135724022.html
Yahoo Finance
PayPal co-founder and Affirm CEO details his 'very high bar' for M&A
Words of wisdom from an OG in tech.
One chart reveals why investors are concerned about earnings from Microsoft, Amazon, and other hyperscalers
https://finance.yahoo.com/markets/article/one-chart-reveals-why-investors-are-concerned-about-earnings-from-microsoft-amazon-and-other-hyperscalers-133720503.html
https://finance.yahoo.com/markets/article/one-chart-reveals-why-investors-are-concerned-about-earnings-from-microsoft-amazon-and-other-hyperscalers-133720503.html
Yahoo Finance
One chart reveals why investors are concerned about earnings from Microsoft, Amazon, and other hyperscalers
The hyperscalers are under pressure to show results from their AI spending.
China Is Preparing For $38,000 Gold
#AndreiJikh.
This video explores the global shift toward gold as a reserve asset, driven by significant buying behavior from China and shifting US economic policies.
Key Takeaways
China's Pivot to Gold: China has been aggressively accumulating gold, with the People's Bank of China buying for 20 consecutive months (1:12).
Additionally, retail investors have moved massive amounts of capital into gold ETFs, making them the largest component of retail holdings in the country (0:33).
Hamiltonian Economics: The video discusses a return to Alexander Hamilton’s economic philosophy—emphasizing national industrial capacity, tariffs, and subsidies—as suggested by US Treasury Secretary Scott Bessent (2:56, 14:03).
The Global Balancing Act: The central argument is that the world economy needs a neutral reserve asset to balance trade imbalances, similar to what John Maynard Keynes proposed in 1944. Andrei Jikh presents the theory that for the global trade system to recalibrate, gold may need to reach a price of approximately $38,000 per ounce (3:15, 25:46).
De-financialization: The US is described as moving away from a financialized, debt-based system toward one focused on re-industrialization, a transition that requires the dollar to potentially weaken or adjust against gold as the ultimate
https://youtu.be/dFjvcY9Tth0?is=EvZMlXlXflfH1zSa
#AndreiJikh.
This video explores the global shift toward gold as a reserve asset, driven by significant buying behavior from China and shifting US economic policies.
Key Takeaways
China's Pivot to Gold: China has been aggressively accumulating gold, with the People's Bank of China buying for 20 consecutive months (1:12).
Additionally, retail investors have moved massive amounts of capital into gold ETFs, making them the largest component of retail holdings in the country (0:33).
Hamiltonian Economics: The video discusses a return to Alexander Hamilton’s economic philosophy—emphasizing national industrial capacity, tariffs, and subsidies—as suggested by US Treasury Secretary Scott Bessent (2:56, 14:03).
The Global Balancing Act: The central argument is that the world economy needs a neutral reserve asset to balance trade imbalances, similar to what John Maynard Keynes proposed in 1944. Andrei Jikh presents the theory that for the global trade system to recalibrate, gold may need to reach a price of approximately $38,000 per ounce (3:15, 25:46).
De-financialization: The US is described as moving away from a financialized, debt-based system toward one focused on re-industrialization, a transition that requires the dollar to potentially weaken or adjust against gold as the ultimate
https://youtu.be/dFjvcY9Tth0?is=EvZMlXlXflfH1zSa
YouTube
China Is Preparing For $38,000 Gold
China Is Buying A Lot Of Gold
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► Taking care of your health just got easier, thanks to my sponsor Zocdoc - start here at: https://zocdoc.com/andrei
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👍1
Apple gets approval for iPhone AI in China with Alibaba, Baidu
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-gets-approval-iphone-ai-china-alibaba-baidu
https://www.businesstimes.com.sg/companies-markets/telcos-media-tech/apple-gets-approval-iphone-ai-china-alibaba-baidu
The Business Times
Apple gets approval for iPhone AI in China with Alibaba, Baidu
The approval gives it a boost in the world’s most competitive smartphone market Read more at The Business Times.
#MarketMind
TRADING DAY
Price pressures keep coolin' | Reuters
July 15 (Reuters) - U.S. bond yields fell on Wednesday after another snapshot of U.S. inflation in June came in softer than expected, easing pressure on the Federal Reserve to raise interest rates, while strong profits and potential M&A activity also supported stocks.
In my column today, I look at why Fed Chair Kevin Warsh can't afford to get complacent on inflation, despite the downside surprises in June's CPI data...
Today's Talking Points
* China crisis?
The latest official economic data from China shows why Beijing is putting such reliance on exports. Domestic investment and lending in June fell well short of expectations, suggesting the country's deleveraging is far from over. Q2 GDP was a big miss — growth slowed to 4.3% from 5.0%, the slowest pace in more than three years.
Were it not for strong exports, especially chips and autos, the broader growth outlook would be even bleaker. Should Beijing be doing more to fire up domestic demand, like slashing interest rates or launching large-scale fiscal stimulus? If the economic malaise continues, it may have to.
* U.S. banks in fine fettle
Most of the big U.S. banks have reported Q2 earnings, and it's safe to say Wall Street is in rude health. Combined net income from five banks — JPMorgan, Goldman, Citi, BofA and Morgan Stanley — topped $50 billion in the April-June period, driven by strong trading, IPO underwriting and dealmaking.
The big asset managers are in good shape too, with BlackRock's AUM surging to a record $15 trillion. Little wonder U.S. financials are ripping higher, now up 20% from the March low to a fresh record high on Wednesday.
* TICking the box
Foreigners can't stay away from U.S. stocks and bonds. The latest U.S. Treasury International Capital (TIC) flows data show net foreign purchases of U.S. assets in May totaled $232.7 billion, more than double April's figure and the third-highest month on record.
About half of that flowed into equities, and once again, private sector investors accounted for almost all overseas demand for U.S. assets. Tech sector tremors wobbled Wall Street in June, so it will be interesting to see if that affected foreign demand. On the whole, though, nobody wants to be missing out on the U.S. AI-driven rally.
What could move markets tomorrow?
TSMC earnings (Q2)
South Korea interest rate decision
U.S. Philly Fed business index (July)
U.S. Federal Reserve officials scheduled to speak include Dallas Fed President Lorie Logan, Kansas City Fed President Jeffrey Schmid, and Vice Chair Philip Jefferson
U.S. earnings
https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-07-15/
TRADING DAY
Price pressures keep coolin' | Reuters
July 15 (Reuters) - U.S. bond yields fell on Wednesday after another snapshot of U.S. inflation in June came in softer than expected, easing pressure on the Federal Reserve to raise interest rates, while strong profits and potential M&A activity also supported stocks.
In my column today, I look at why Fed Chair Kevin Warsh can't afford to get complacent on inflation, despite the downside surprises in June's CPI data...
Today's Talking Points
* China crisis?
The latest official economic data from China shows why Beijing is putting such reliance on exports. Domestic investment and lending in June fell well short of expectations, suggesting the country's deleveraging is far from over. Q2 GDP was a big miss — growth slowed to 4.3% from 5.0%, the slowest pace in more than three years.
Were it not for strong exports, especially chips and autos, the broader growth outlook would be even bleaker. Should Beijing be doing more to fire up domestic demand, like slashing interest rates or launching large-scale fiscal stimulus? If the economic malaise continues, it may have to.
* U.S. banks in fine fettle
Most of the big U.S. banks have reported Q2 earnings, and it's safe to say Wall Street is in rude health. Combined net income from five banks — JPMorgan, Goldman, Citi, BofA and Morgan Stanley — topped $50 billion in the April-June period, driven by strong trading, IPO underwriting and dealmaking.
The big asset managers are in good shape too, with BlackRock's AUM surging to a record $15 trillion. Little wonder U.S. financials are ripping higher, now up 20% from the March low to a fresh record high on Wednesday.
* TICking the box
Foreigners can't stay away from U.S. stocks and bonds. The latest U.S. Treasury International Capital (TIC) flows data show net foreign purchases of U.S. assets in May totaled $232.7 billion, more than double April's figure and the third-highest month on record.
About half of that flowed into equities, and once again, private sector investors accounted for almost all overseas demand for U.S. assets. Tech sector tremors wobbled Wall Street in June, so it will be interesting to see if that affected foreign demand. On the whole, though, nobody wants to be missing out on the U.S. AI-driven rally.
South Korea
U.S. Philly Fed business index (July)
U.S. Federal Reserve officials scheduled to speak include Dallas Fed President Lorie Logan, Kansas City Fed President Jeffrey Schmid, and Vice Chair Philip Jefferson
U.S. earnings
https://www.reuters.com/commentary/reuters-open-interest/global-markets-trading-day-graphic-2026-07-15/
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Morning Briefing: Top stories from The Straits Times on July 16, 2026
https://str.sg/7pWy
https://str.sg/7pWy
The Straits Times
Morning Briefing: Top stories from The Straits Times on July 16, 2026
You are reading the Morning Briefing newsletter. Get the news that prepares you for the day ahead, delivered to your inbox. Subscribe to our newsletter. Read more at straitstimes.com.
US Mint will produce $1 coin with Trump’s image, Treasury Secretary says
https://www.straitstimes.com/world/united-states/us-mint-will-produce-1-coin-with-trumps-image-treasury-secretary-says
https://www.straitstimes.com/world/united-states/us-mint-will-produce-1-coin-with-trumps-image-treasury-secretary-says
The Straits Times
US Mint will produce $1 coin with Trump’s image, Treasury Secretary says
The design also features the words "Liberty", "In God We Trust" and "1776-2026" on the front. Read more at straitstimes.com. Read more at straitstimes.com.
China tops US in global favourability for first time: Pew survey
https://www.straitstimes.com/world/united-states/china-tops-us-in-global-favourability-for-first-time-pew-survey
https://www.straitstimes.com/world/united-states/china-tops-us-in-global-favourability-for-first-time-pew-survey
The Straits Times
China tops US in global favourability for first time: Pew survey
A Pew survey reveals that China is now viewed more positively than the US globally, a significant shift in international perception. Read more at straitstimes.com. Read more at straitstimes.com.
#HKMarketUpdate
<Full-day Takeaway>HSI Up 327 pts; HSTI Up 93 pts; XIAOMI Up over 6%; MEITUAN Up over 4%; BABA Up over 3%; HSBC HOLDINGS, ABLE DIGITAL Hit New Highs; Market Turnover Rises
2026/07/16 16:12 GMT+08
At close, HSI rose 327 pts or 1.3% to 25,008. HSTI rose 93 pts or 2.0% to 4,834. HSCEI gained 133 pts or 1.6% to 8,318. Market turnover reached $322.89 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533664/top-news/AAFN
<Full-day Takeaway>HSI Up 327 pts; HSTI Up 93 pts; XIAOMI Up over 6%; MEITUAN Up over 4%; BABA Up over 3%; HSBC HOLDINGS, ABLE DIGITAL Hit New Highs; Market Turnover Rises
2026/07/16 16:12 GMT+08
At close, HSI rose 327 pts or 1.3% to 25,008. HSTI rose 93 pts or 2.0% to 4,834. HSCEI gained 133 pts or 1.6% to 8,318. Market turnover reached $322.89 billion.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533664/top-news/AAFN
#HKMarketUpdate
<H Shrs>HSI Finishes Up 327 pts, Reclaims 25,000 Mark; XIAOMI-W Rebounds 6%+; XL2CSOPSMSN, XL2CSOPHYNIX Slide ~20%
2026/07/16 16:44 GMT+08
The HSI closed at 25,008, up 327 pts or 1.33%, with market turnover reaching HKD322.892 billion. The HSTECH closed at 4,834, up 93 pts or 1.98%. The HSCEI closed at 8,318, up 133 pts or 1.63%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533678/top-news/AAFN
<H Shrs>HSI Finishes Up 327 pts, Reclaims 25,000 Mark; XIAOMI-W Rebounds 6%+; XL2CSOPSMSN, XL2CSOPHYNIX Slide ~20%
2026/07/16 16:44 GMT+08
The HSI closed at 25,008, up 327 pts or 1.33%, with market turnover reaching HKD322.892 billion. The HSTECH closed at 4,834, up 93 pts or 1.98%. The HSCEI closed at 8,318, up 133 pts or 1.63%.
https://www.aastocks.com/en/stocks/news/aafn-con/NOW.1533678/top-news/AAFN
#HKMarketUpdate
Hong Kong Stocks End Higher on Strength in Tech — Market Talk
Jul 16, 2026, 16:32 GMT+8
https://www.tradingview.com/news/DJN_DN20260716001999:0/
Hong Kong Stocks End Higher on Strength in Tech — Market Talk
Jul 16, 2026, 16:32 GMT+8
https://www.tradingview.com/news/DJN_DN20260716001999:0/
TradingView
News by Dow Jones Newswires on TradingView, 2026-07-16
#SgMarketUpdate
Singapore stocks fall amid mixed regional showing; STI down 0.4%
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-down-0-4
Singapore stocks fall amid mixed regional showing; STI down 0.4%
https://www.businesstimes.com.sg/companies-markets/singapore-stocks-fall-amid-mixed-regional-showing-sti-down-0-4
The Business Times
Singapore stocks fall amid mixed regional showing; STI down 0.4%
Hongkong Land leads the gainers on the blue-chip index Read more at The Business Times.
Lazada, Shopee double down on affiliate marketing to compete with TikTok Shop in South-east Asia
https://www.businesstimes.com.sg/companies-markets/lazada-shopee-double-down-affiliate-marketing-compete-tiktok-shop-south-east-asia
https://www.businesstimes.com.sg/companies-markets/lazada-shopee-double-down-affiliate-marketing-compete-tiktok-shop-south-east-asia
The Business Times
Lazada, Shopee double down on affiliate marketing to compete with TikTok Shop in South-east Asia
This is also as the e-commerce industry matures, shifting away from a race for scale Read more at The Business Times.
Stocks making the biggest moves premarket: UnitedHealth, TSMC, J.B. Hunt & more
https://www.cnbc.com/2026/07/16/stocks-making-the-biggest-moves-premarket-.html?__source=androidappshare
https://www.cnbc.com/2026/07/16/stocks-making-the-biggest-moves-premarket-.html?__source=androidappshare
CNBC
Stocks making the biggest moves premarket: UnitedHealth, TSMC, GE Aerospace, J.B. Hunt & more
These are the stocks posting the largest moves in the premarket.
A $3.2 trillion rotation puts us where we are
https://finance.yahoo.com/markets/article/32-trillion-rotation-from-chips-to-the-magnificent-7-has-left-the-sp-500-going-nowhere-chart-of-the-day-100000821.html
https://finance.yahoo.com/markets/article/32-trillion-rotation-from-chips-to-the-magnificent-7-has-left-the-sp-500-going-nowhere-chart-of-the-day-100000821.html
Yahoo Finance
$3.2 trillion rotation from chips to the 'Magnificent 7' has left the S&P 500 going nowhere: Chart of the Day
The S&P 500 and Nasdaq Composite have been stuck for months as Big Tech earnings approach.
TSMC raises capex and revenue forecast, highlighting growing AI chip demand
https://finance.yahoo.com/markets/article/tsmc-raises-capex-and-revenue-forecast-highlighting-growing-ai-chip-demand-113101950.html
#QuarterChart
https://vt.tiktok.com/ZS4rdT98u/
https://finance.yahoo.com/markets/article/tsmc-raises-capex-and-revenue-forecast-highlighting-growing-ai-chip-demand-113101950.html
#QuarterChart
https://vt.tiktok.com/ZS4rdT98u/
Yahoo Finance
TSMC raises capex and revenue forecast, highlighting growing AI chip demand
TSMC, the world's largest made-to-order chipmaker, reported second quarter results.
Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal
https://finance.yahoo.com/healthcare/articles/lilly-enters-psychedelic-drug-race-105046700.html
https://finance.yahoo.com/healthcare/articles/lilly-enters-psychedelic-drug-race-105046700.html
Yahoo Finance
Lilly enters psychedelic drug race with up to $3.8 billion AtaiBeckley deal
July 16 () - Eli Lilly will buy AtaiBeckley for up to $3.8 billion, the company said on Thursday, joining a race among pharma majors to develop psychedelic treatments for depression and other mental health disorders.
Grocery sales, United earnings and more: Morning Squawk
https://www.cnbc.com/2026/07/16/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
https://www.cnbc.com/2026/07/16/5-things-to-know-before-the-stock-market-opens.html?__source=androidappshare
CNBC
Grocery sales, United earnings, Anthropic's IPO prep and more in Morning Squawk
Here are five key things investors need to know to start the trading day.