U.S. Treasury Yields Decline -- Market Talk
Malaysia's Consumer Inflation Slowed in June
Institutions anticipate a renewed bull market for gold in 2027 and are selectively increasing their overweight positions.
Ian Samson, Multi-Asset Portfolio Manager at Fidelity International, recently shared his market outlook, noting that although gold has just emerged from its worst-performing quarter in over a decade—having surged early in the year to a record high of USD 5,600 per ounce before stalling—the core macroeconomic drivers underpinning its long-term upward trajectory remain intact. The firm has already formulated a plan to upgrade its gold allocation rating from neutral to overweight when conditions are favorable, and anticipates that gold will re-enter a bull market cycle by 2027. In the near term, bullish and bearish forces are offsetting each other, leaving only limited room for a modest price recovery within the year, with both the strength and timing of any rebound still uncertain.
Crude Oil Trading Alert: With the Strait of Hormuz closed and Red Sea blockades looming, how far can this oil price rally go?
During early Asian trading on Friday (July 17), international oil prices held near a one-month high. August WTI crude futures were trading around $79.67 per barrel, while the more actively traded September WTI crude futures were trading near $78.97 per barrel, showing little change from Thursday's settlement price. Since the start of the week, WTI crude futures have risen by approximately 10%, positioning them for a second consecutive weekly gain. Prices briefly pulled back on Thursday, but the correction was limited, indicating strong market appetite for long positions. Analysts at a prominent institution noted that at the beginning of this week, when oil prices initially surged, investors in the crude market generally held significant short positions, and as some participants incurred losses amid the rally...
U.S. forces boarded and inspected a tanker in the Gulf of Oman.
Gelonghui, July 17 | The U.S. Central Command announced on social media on the 16th that U.S. Marines boarded an oil tanker in the Gulf of Oman for inspection that day. According to the statement, since the United States reinstated its maritime blockade against Iran on the 14th, U.S. forces have compelled three commercial vessels attempting to breach the blockade to alter their course, rendered one "non-compliant" vessel incapable of navigation, and conducted a boarding inspection of another vessel. The statement also noted that the Strait of Hormuz and surrounding waters "remain open," except for vessels attempting to violate the U.S. blockade. White House Press Secretary Leavitt said at a press briefing on the 16th
Gold Trading Alert: Escalation in U.S.-Iran Tensions Triggers Dual Sell-Off in Oil and Dollar, Gold Plummets 2% Below the 4,000 Mark—Will It Target 3,600 Next?
Amid escalating geopolitical volatility worldwide, gold—a traditional safe-haven asset—has unusually suffered a sharp setback. On July 16, 2026, spot gold prices plunged by 2% to $3,976.26 per ounce, marking a two-week low; U.S. gold futures similarly declined by 1.5%, settling at $3,992.10. This downturn stems from a confluence of factors, including the rapidly intensifying situation in the Middle East, rising expectations of Federal Reserve rate hikes, and a strengthening U.S. dollar. As a non-yielding asset, gold’s appeal is being significantly eroded by the current high-yield environment and persistent inflation concerns. The market now stands at a delicate and tense crossroads: in the short term