🔵 COMMODITIES
Hong Kong Maintains T1 as Maysak Approaches
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster will keep the No 1 typhoon signal in force until at least Friday evening, after which it will assess whether t, per SCMP.
01:13 UTC · Jul 3
Hong Kong Maintains T1 as Maysak Approaches
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong’s weather forecaster will keep the No 1 typhoon signal in force until at least Friday evening, after which it will assess whether t, per SCMP.
01:13 UTC · Jul 3
🔴 BREAKING
Australia Gains $26 Billion as Iran Conflict Lifts Export Prices
Australia forecasts a A$38 billion (US$26 billion) lift in its export income as commodity and energy prices rise because of the war in Iran. The nation’s resources exports are set to rise almost 3 per cent to A$416 billion in the financial year through June 2027, the Department o, per SCMP.
01:46 UTC · Jul 3
Australia Gains $26 Billion as Iran Conflict Lifts Export Prices
Australia forecasts a A$38 billion (US$26 billion) lift in its export income as commodity and energy prices rise because of the war in Iran. The nation’s resources exports are set to rise almost 3 per cent to A$416 billion in the financial year through June 2027, the Department o, per SCMP.
01:46 UTC · Jul 3
🔴 BREAKING
Bitcoin Rises 2%, Tops $62,000
Bitcoin rises 2%, briefly tops $62k as weak U.S. jobs data eases rate hike fears, per Investing.com.
05:26 UTC · Jul 3
Bitcoin Rises 2%, Tops $62,000
Bitcoin rises 2%, briefly tops $62k as weak U.S. jobs data eases rate hike fears, per Investing.com.
05:26 UTC · Jul 3
🔴 BREAKING
Citi Says Oil May Slump to $60 as the Hormuz Shock Fades Away
Citi Says Oil May Slump to $60 as the Hormuz Shock Fades Away Bloomberg.com, per Bloomberg.
07:16 UTC · Jul 3
Citi Says Oil May Slump to $60 as the Hormuz Shock Fades Away
Citi Says Oil May Slump to $60 as the Hormuz Shock Fades Away Bloomberg.com, per Bloomberg.
07:16 UTC · Jul 3
🔴 BREAKING
Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return
Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows weigh down prices. In Asian trade early on Friday, with U.S. markets closed for the July 4 weekend, both benchmark, per OilPrice.com.
10:00 UTC · Jul 3
Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return
Oil futures were on track to post their fourth consecutive weekly loss early on Friday as the tentative reopening of the Strait of Hormuz and the uptick in oil flows weigh down prices. In Asian trade early on Friday, with U.S. markets closed for the July 4 weekend, both benchmark, per OilPrice.com.
10:00 UTC · Jul 3
For serious researchers:
Don’t start with the chart.
Start with the state.
PAX token is live on Polygon.
PredictAsiaX is still in development.
Settlement is off-chain today, on-chain roadmap later.
Clear before loud.
#PAX #PredictAsiaX
Don’t start with the chart.
Start with the state.
PAX token is live on Polygon.
PredictAsiaX is still in development.
Settlement is off-chain today, on-chain roadmap later.
Clear before loud.
#PAX #PredictAsiaX
📅 ASIA WRAP — Fri 3 Jul
Asian markets see volatility as US jobs data and easing oil prices impact Fed rate hike prospects
⚡ TOP STORIES
1. Asian markets choppy as US jobs data douse Fed rate hike bets
2. US Stocks Advance as Jobs Data Dims Prospect of Fed Rate Hike
3. Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return
+ 3 more in image ↑
🛢 PULSE DXY ▼0.3%
→ Live on PredictAsiaX
Asian markets see volatility as US jobs data and easing oil prices impact Fed rate hike prospects
⚡ TOP STORIES
1. Asian markets choppy as US jobs data douse Fed rate hike bets
2. US Stocks Advance as Jobs Data Dims Prospect of Fed Rate Hike
3. Oil Set for Fourth Straight Weekly Loss as Hormuz Flows Return
+ 3 more in image ↑
🛢 PULSE DXY ▼0.3%
→ Live on PredictAsiaX
🔴 BREAKING
The US has failed to understand China
China is such a giant player in the global economy that understanding how the US-China contest of the century for international primacy will evolve has become crucial. Some Westerners, especially those in the United States, feel so threatened that they have resorted to protection, per SCMP.
21:30 UTC · Jul 3
The US has failed to understand China
China is such a giant player in the global economy that understanding how the US-China contest of the century for international primacy will evolve has become crucial. Some Westerners, especially those in the United States, feel so threatened that they have resorted to protection, per SCMP.
21:30 UTC · Jul 3
🔴 BREAKING
OPEC pumps 19.43M bpd in June 🛢️
June output rose 3.3M bpd from May’s lows, per Reuters survey. Gulf barrels returned after war disruptions, but pre-crisis levels remain distant, per OilPrice.com.
19:30 UTC · Jul 3
OPEC pumps 19.43M bpd in June 🛢️
June output rose 3.3M bpd from May’s lows, per Reuters survey. Gulf barrels returned after war disruptions, but pre-crisis levels remain distant, per OilPrice.com.
19:30 UTC · Jul 3
🔴 BREAKING
The end of ‘just in time’? Asia rejigs supply chains post-Hormuz
How many crises does it take to change the way the world trades? For Asia, the answer appears to be three. First Covid closed the factories that fed the logistics networks, then Russia’s invasion of Ukraine choked off Black Sea grain exports and sent energy prices spiralling. Now, per SCMP.
05:00 UTC · Jul 4
The end of ‘just in time’? Asia rejigs supply chains post-Hormuz
How many crises does it take to change the way the world trades? For Asia, the answer appears to be three. First Covid closed the factories that fed the logistics networks, then Russia’s invasion of Ukraine choked off Black Sea grain exports and sent energy prices spiralling. Now, per SCMP.
05:00 UTC · Jul 4