President Trump’s remarks on avoiding critical infrastructure strikes and downplaying nuclear risks weigh on USD while oil prices extend losses. US President Donald Trump signaled a preference for avoiding military escalation with Iran, calling an underground nuclear site
Rep. Robert Garcia questions ties between produce supplier Taylor Farms and the Trump administration amid rising U.S. cyclosporiasis cases. A U.S. lawmaker is scrutinizing Taylor Farms, the produce supplier linked to a growing cyclosporiasis outbreak, over its connections
Ratings agency warns soaring AI valuations and spending outpace uncertain returns, heightening systemic credit exposure. Fitch identified a potential AI market correction as a leading global credit risk, citing unsustainable tech valuations and unprecedented investment lev
Tehran accelerates infrastructure projects at its primary oil export hub handling 90% of Iranian crude shipments. Iran is expediting development projects at Kharg Island, its main oil export terminal, to bolster infrastructure resilience amid persistent US threats. The ter
Average 30-year fixed mortgage rates fall 8 basis points to 6.62% amid temporary geopolitical calm in Iran. Mortgage rates declined across major loan types on July 28, 2026, as geopolitical tensions in Iran eased temporarily. The average 30-year fixed rate dropped 8 basis
US regulators investigate $16 billion in possibly fraudulent loans The business empire of Dodgers and Lakers owner Mark Walter is being probed by the U.S. Attorney's Office and securities regulators. The investigation centers on $16 billion in loans made by two Delawa
Conflict-induced shipping delays disrupt UK retail supply chains, affecting £92bn in assets and eroding brand loyalty among consumers. UK consumers report widespread product shortages in retail stores and online, with 54% experiencing poorer on-shelf availability since Feb
The operational India-UK trade agreement reduces tariffs but requires compliance across five regulatory gates for pharmaceuticals and medical tech. The India-UK Comprehensive Economic and Trade Agreement, effective 15 July, shifts focus from tariff cuts to multi-layered ma
Investors await the FOMC meeting and Middle East developments, with markets favoring a steady Fed and sustained truce for a potential rally. The S&P 500 has traded in a tight range this month as geopolitical tensions and deleveraging weighed on sentiment. Hedging activity
Traders weigh geopolitical risks and US monetary policy as gold faces pressure from higher Treasury yields and a strong dollar. Gold prices are navigating a complex landscape as two key factors dominate trading sentiment: escalating Middle East tensions and the Federal Res
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