Oil Stays Calm as Yen Intervention Steals the Macro Spotlight

Oil Stays Calm as Yen Intervention Steals the Macro Spotlight

Lead: the single most important number today WTI crude sits at $76.03 a barrel, up just 0.34% on the day. In a week when Middle East headlines continue to dominate wire services, that near-flat move is the number worth sitting with. Energy markets are not pricing an escalating supply shock right now — and that … Read more

Yuan Steady, EM Risk Appetite Firms as Wall Street Rallies

Yuan Steady, EM Risk Appetite Firms as Wall Street Rallies

Snapshot Risk appetite firmed broadly on July 11, 2026, and emerging-market proxies were among the clearest beneficiaries. The Kospi surged 3.16% to 7,475.94, outpacing a strong session in US equities where the S&P 500 rose 1.14% to 7,567.95 and the Nasdaq gained 1.56% to 26,273.39. Currency moves told a similar story of calm: USD/KRW slipped … Read more