Markets, macro, companies, and deep analysis — in a single calm newsroom.

💻 TechnologyJune 16, 2026

📈 MarketsJune 26, 2026

The New Reality from Claude Data: AI Is Already Doing Substantial Portions of Jobs — Is the Global Economy and Capital Allocation Ready?

Anthropic’s latest Economic Index report, released on June 26, 2026, delivers one of the most granular, real-time views yet of how frontier AI is embedding itself into economic activity. Unlike earlier indices that focused primarily on task exposure and adoption curves, the June edition introduces hourly sampling of conversations alongside a linked survey of approximately 9,700 Claude users.

Editor’s Pick7 min

📊 EconomyJune 19, 2026

Warsh's Hawkish Turn at the Fed: Why Interest Rates Are Signaling Higher and Where Global Capital Is Headed

In his first meeting as Federal Reserve Chair, Kevin Warsh presided over a policy decision that was technically a hold but delivered one of the more hawkish surprises in recent cycles. On June 17, 2026, the FOMC voted unanimously to keep the federal funds rate in the 3.50–3.75% range for the fourth consecutive meeting.

Editor’s Pick7 min

SpaceX Seals $60 Billion Acquisition of Cursor AI, Cementing AI Ambitions After Record IPO

SpaceX has agreed to acquire Anysphere, the San Francisco-based company behind the popular AI-powered code editor Cursor, in a $60 billion all-stock transaction. The deal, announced on June 16, 2026, comes just days after SpaceX’s blockbuster initial public offering and represents one of the largest acquisitions in the AI software space to date.

Editor’s Pick6 min

Featured

📘 ExplainerJuly 3, 2026

The Real Cost of AI Infrastructure: Evidence from Google and Amazon’s Latest Reports

In mid-2026, two of the world’s largest technology companies released sustainability reports that function less as public relations documents and more as unvarnished data releases on the physical realities of the artificial intelligence buildout.

Nakitte Featured10 min

Beyond Tokens: Meta Tests Whether Concept-Level AI Can Cut Through the Limitations of Today’s Large Language Models

For nearly a decade, the dominant paradigm in frontier AI has been simple in principle and extraordinarily expensive in practice: predict the next token. Trillions of dollars in compute, energy, and engineering have been poured into scaling this approach.

Nakitte Featured6 min

Tokenization Forces a Reckoning on Where Risk Lives in Global Finance

The International Monetary Fund has delivered one of its clearest warnings yet on the structural consequences of tokenization. In a July 2 blog post drawing on deeper research published in April, IMF Financial Counsellor Tobias Adrian argues that moving financial assets and liabilities onto shared digital ledgers is not merely a technological upgrade.

Nakitte Featured6 min

Chips Over Capex Kings: Why Memory Shortages Redefined Tech Leadership in Q2 2026

While the Magnificent 7 produced uneven results and faced growing questions about the sustainability of their dominance, memory chipmakers posted returns that recalled the semiconductor supercycle of the late 1990s. Semiconductors and related hardware decisively won the quarter.

Nakitte Featured7 min

The AI Anxiety Paradox: Workers Most Fearful of Job Loss Are Upskilling, Demanding Raises and Spending More

For years, the dominant narrative around artificial intelligence has been one of looming displacement. Headlines have warned of mass job losses, with estimates ranging from Goldman Sachs’ projection of up to 300 million full-time equivalent roles exposed globally to the IMF’s assessment that roughly 40% of jobs worldwide — and 60% in advanced economies — are exposed to AI.

Nakitte Featured7 min

📊 EconomyJune 29, 2026

U.S. Lower-Income Households See Sharpest Deposit Gains in 2026, Offering Mild Tailwind to Narrow K-Shaped Spending Gap

According to granular internal data from Bank of America, this development—fueled in part by elevated tax refunds under the One Big Beautiful Bill Act—could serve as a modest near-term buffer for consumer spending, particularly as lower gasoline prices ease cost pressures.

Nakitte Featured7 min

Weekly Briefs by Country

🇰🇿 KazakhstanJuly 13, 2026

Kazakhstan Advances Japan Investment Deals and Reports Record IT Market

The week featured a cluster of positive economic updates on July 10, including record IT services revenue for 2025, nearing $45 billion trade turnover, and progress on a $3.7 billion Japan deal pipeline. Policymakers emphasized improving the investment climate via a new constitution and council meetings. ADB highlighted resilient growth prospects despite global uncertainty, with household incomes rising for the first time in a year.

🇭🇰 Hong KongJuly 13, 2026

Hong Kong Markets Close Week with Limited Fresh Catalysts

The week ending July 13, 2026, featured few major new developments in Hong Kong's markets or policy landscape. Equities showed modest fluctuations amid steady regional conditions, with no significant central-bank actions or data releases reported. Investors focused on ongoing external factors and broader Asia sentiment rather than domestic surprises.

🇩🇰 DenmarkJuly 13, 2026

Denmark Sees Quiet Week With No Major Policy or Data Releases

The past week brought no significant new economic data releases, central bank actions, or major corporate events in Denmark. Markets remained stable amid broader European trends. Investors may monitor upcoming inflation prints and ECB signals for context on Danish conditions.

🇳🇴 NorwayJuly 13, 2026

Norway Advances in World Cup as China Diplomatic Talks Occur

Norway's national football team advanced to the World Cup quarterfinals with a win over Brazil before falling to England, coinciding with high-level diplomatic engagement with China. The sovereign wealth fund remains above $2 trillion with no major policy shifts reported. Investors may monitor sentiment effects and ongoing trade discussions.

🇪🇸 SpainJuly 13, 2026

Trump Trade Threat Sparks Spanish Equity Selloff Midweek

President Trump's midweek threat to halt trade with Spain over NATO spending triggered a 2.7% drop in the benchmark stock index, the largest one-day decline in months, and widened Spanish bond spreads versus Germany. The episode overshadowed otherwise steady economic momentum, with services activity rebounding in June and growth forecasts holding near 2.1-2.6% for 2026 despite energy-price pressures from Middle East tensions. Investors focused on the limited direct trade exposure but monitored potential spillover to EU-wide sentiment and fiscal policy.

🇮🇹 ItalyJuly 13, 2026

Meloni Faces Trump Criticism Ahead of NATO Summit; Italy Tracks Migration, Etna Activity

Political tensions with the US dominated the week for Italy, with President Trump publicly criticizing Prime Minister Meloni on July 6 ahead of the NATO summit. Migration flows remained elevated per the July 6 UNHCR update, while Mount Etna's ongoing eruption disrupted flights in Sicily. No major new macroeconomic data releases occurred, leaving investor focus on external geopolitical risks and domestic resilience amid summer heatwaves.

🇮🇩 IndonesiaJuly 13, 2026

Indonesia Launches B50 Biodiesel on July 1, Reports Q2 Capital Inflows

Indonesia implemented its B50 biodiesel mandate on July 1, ending diesel imports as part of energy self-sufficiency efforts. Midweek, Bank Indonesia reported a reversal to USD 7.98 billion in foreign portfolio inflows for Q2 2026 after Q1 outflows. These developments occurred against the backdrop of earlier rate hikes aimed at supporting the rupiah amid global pressures.

🇹🇼 TaiwanJuly 13, 2026

Taiwan Central Bank Chief Warns of AI Bubble Risks Amid Elevated Growth Outlook

Over the past week, Taiwan's central bank highlighted risks from an AI-driven boom while releasing routine June data on foreign reserves and interbank markets. Geopolitical tensions rose after a reported Chinese missile test, prompting coordination with partners. The developments underscore Taiwan's strong export momentum offset by external uncertainties. Investors may monitor central bank communications and cross-strait developments closely.

🇲🇽 MexicoJuly 13, 2026

USMCA Joint Review on July 1 Triggers Annual Process for Mexico

The USMCA joint review on July 1 resulted in the United States declining a 16-year renewal, initiating annual reviews while the agreement remains in force. Mexico continues talks with the US ahead of further negotiations in late July. Broader economic forecasts for 2026 remain subdued around 1.2% GDP growth amid ongoing trade uncertainty.

🇸🇦 Saudi ArabiaJuly 13, 2026

Canada-Saudi Deals Signed July 9 Amid Iran Condemnations

Canadian Prime Minister Mark Carney visited Jeddah on July 9, signing economic cooperation agreements with Saudi Arabia while meeting Crown Prince Mohammed bin Salman. Saudi officials condemned Iranian actions in the region around July 12. These developments highlight ongoing efforts to strengthen bilateral ties and manage regional security concerns during the week.

🇰🇷 South KoreaJuly 13, 2026

South Korea advances 24-hour won trading amid financial sector upgrade push

The past week highlighted South Korea's ongoing efforts to modernize its financial markets, including the rollout of 24-hour currency trading. Foreign investor outflows from Korean equities continued amid broader Asian stock selling, while authorities monitored FX volatility linked to geopolitical factors. Economic fundamentals remain supported by semiconductor exports, though policy focus stayed on stability.

🇨🇦 CanadaJuly 13, 2026

BoC Expected to Hold Rates Steady as Mining Sector Gets Federal Support

Over the past week, a Reuters poll indicated economists expect the Bank of Canada to maintain its policy rate through 2026 amid contained inflation risks. Federal funding of $6.7 million was announced for two critical minerals mining projects on July 9. Recent labor data showed modest job gains in June with unemployment easing to 6.5%, supporting views of resilient Q2 growth above 2% annualized. Equity markets remained stable with the TSX trading near 35,300 levels.

🇯🇵 JapanJuly 13, 2026

BOJ Issues July Regional Report Amid Early-July Equity Outflow

The past week featured the Bank of Japan's release of its July Regional Economic Report on July 9, showing continued steady conditions across regions following the June rate hike. Foreign investor flows into Japanese equities reversed to a net outflow of ¥22.2 billion in the week ending July 3. Markets remained focused on the upcoming late-July BOJ meeting, with expectations centered on a hold at the current 1% policy rate. Broader sentiment reflected stability in the yen and equities after political developments earlier in the year.

🇦🇺 AustraliaJuly 13, 2026

ASX 200 Ends Week Down 0.4% Amid Hawkish RBA Signals

The S&P/ASX 200 declined modestly over the week to around 8,800 amid mixed daily moves and external pressures. Westpac's July 10 note revised RBA forecasts toward a possible August 2026 hike and first cuts in August 2027. Banks highlighted cooling labour market conditions while global events influenced sentiment.

🇧🇷 BrazilJuly 13, 2026

Ibovespa Rallies Late Week on Easing Hopes; No New Rate Decision

Brazil's equity market posted gains over the past week, with the Ibovespa climbing notably on July 10 amid expectations for further monetary easing. The central bank's prior June cut to 14.25% continues to shape sentiment, while a July 13 Focus Market Readout provided updated guidance. Broader economic data releases remained limited, keeping focus on policy trajectory and external conditions.

🇦🇷 ArgentinaJuly 13, 2026

Argentina sees limited new macro developments in week to July 13 2026

The past week featured no major policy shifts, data releases, or market-moving events in Argentina. Investors continued to monitor inflation trends, peso stability, and fiscal consolidation under the current administration. Broader emerging-market sentiment provided some context for local asset performance.

🇰🇪 KenyaJuly 13, 2026

World Bank cuts Kenya 2026 growth forecast to 4.3% on global shocks

The World Bank revised Kenya's 2026 GDP growth projection down to 4.3% from 4.9% in its Kenya Economic Update released midweek, citing heightened geopolitical tensions and higher energy prices from Middle East conflicts. The downgrade reflects risks to private investment, production costs, and remittance inflows. Kenya's central bank maintained its policy rate at 8.75% in June, with inflation at 6.41% in the latest reading. Investors should monitor how these external pressures interact with domestic policy stability.

🇪🇬 EgyptJuly 13, 2026

Egypt Central Bank Holds Rates Unchanged on July 9 as June Inflation Eases

The Monetary Policy Committee kept key rates steady amid cooling headline inflation to 14.3 percent in June and a mild GDP growth deceleration. Foreign direct investment leadership in Africa was reaffirmed early in the week. Investors should monitor the inflation trajectory and external risks from regional tensions over the coming months.

🇳🇬 NigeriaJuly 13, 2026

Nigeria Monitors Naira Stability and Policy Signals in Week to July 13 2026

The past week saw limited major new data releases or policy announcements from Nigerian authorities, with markets focusing on ongoing naira management and external factors. Investors watched for any updates from the Central Bank of Nigeria amid broader emerging-market sentiment. No significant corporate or geopolitical events dominated the period.

🇿🇦 South AfricaJuly 13, 2026

South Africa private sector PMI returns to growth in June amid easing inflation

The S&P Global PMI rose to 50.5 in June, signaling a return to private sector expansion driven by easing inflation and modest gains in output and orders. The rand traded near 16.24-16.25 versus the dollar early in the week before softening slightly after a decline in net foreign reserves. SARB highlighted robust financial system stability despite global uncertainties, with the next MPC decision scheduled for July 23.

🇮🇷 IranJuly 13, 2026

US Reimposes Sanctions on Iranian Oil Sales After Strait Attacks

The past week was dominated by the US decision on July 7 to reinstate sanctions on Iranian oil exports following attacks on vessels in the Strait of Hormuz, shortening a temporary wind-down period to July 17. This reversed a June waiver that had allowed limited sales until August 21 as part of fragile US-Iran talks. Oil prices rose more than 5% on the news amid ongoing uncertainty over the truce and potential reopening of the strait. Iran's economy, already contracting, faces renewed pressure on its key revenue source.

🇮🇳 IndiaJuly 13, 2026

Indian Markets Volatile on Geopolitical Tensions and Oil Spike

Indian equity benchmarks experienced heightened volatility over the past week amid escalating US-Iran tensions that drove oil prices higher. The Nifty 50 and Sensex posted their largest single-day declines in three months on July 8 before partial recovery. Focus shifted to the start of Q1 earnings season and upcoming CPI data as investors assessed external risks against domestic resilience.

🇸🇪 SwedenJuly 13, 2026

Sweden tightens asylum rules as NATO selects Saab GlobalEye systems

Over the past week, Sweden implemented major migration policy changes effective July 12-13, restricting asylum to temporary permits and introducing reporting requirements. Midweek, NATO announced selection of Saab's GlobalEye for its AWACS fleet, potentially worth billions. The Riksbank maintained its 1.75% policy rate from its prior June decision amid inflation risks. These developments highlight shifts in labor policy and defense sector momentum.

🇨🇭 SwitzerlandJuly 13, 2026

Swiss Equities Ease After Early July Peak as Policy Holds Steady

The Swiss Market Index declined 1.4% over the seven days to July 12 after touching a record high near 14,426 on July 3. The Swiss National Bank maintained its policy rate at 0% following the June 18 assessment, with inflation forecasts remaining low at around 0.6% for 2026-2027. No major new macroeconomic releases or policy shifts occurred during the week of July 6-13.

🇸🇬 SingaporeJuly 13, 2026

Singapore Markets and Policy Stable in Week Ending July 13, 2026

The past week saw limited major economic releases or policy shifts in Singapore, with markets reflecting broader regional stability. Investors monitored global trade signals and domestic liquidity conditions without significant disruptions. Capital flows remained steady, though external uncertainties warrant continued attention.

🇳🇱 NetherlandsJuly 13, 2026

Netherlands June Inflation Eases to 2.9% Following July 1 Wage Adjustments

Dutch inflation moderated to 2.9% year-on-year in June, down from 3.5% in May, with the final reading released midweek. The moderation occurred against the backdrop of minimum wage and pension increases effective July 1 and the ECB's June rate hike. Broader growth forecasts for 2026 remain subdued around 1%, with fiscal pressures mounting. Investors may monitor inflation persistence and euro-area policy spillovers.

🇦🇪 United Arab EmiratesJuly 13, 2026

UAE Central Bank Flags Temporary 2026 Growth Slowdown in Recent Outlook

The UAE's central bank projected economic growth moderating to 1.7% for 2026 due to regional pressures before a sharp rebound in 2027. Fresh balance-of-payments data released midweek underscored ongoing external resilience. Foreign direct investment inflows remained robust, supporting diversification efforts despite broader Middle East uncertainties.

🇷🇺 RussiaJuly 13, 2026

Russian equities extend 17-week decline, hitting 2022 lows

Over the past week, Russia's MOEX index continued its steep slide, reaching levels last seen in late 2022 amid persistent economic pressures from the Ukraine conflict and domestic challenges. The market posted further losses of around 3% since early July, extending a broader summer downturn of 16%. No major new policy announcements emerged, with the next central bank rate decision scheduled for July 24. Investors are monitoring the trajectory of inflation moderation and potential further easing.

🇨🇳 ChinaJuly 13, 2026

Shanghai Composite Drops 2% Amid US-Iran Tensions

Chinese equities declined over the past week, with the Shanghai Composite falling sharply on July 13 amid escalating US-Iran tensions and concerns over energy supply routes. Domestic data releases were limited, though CPI and PPI figures appeared midweek and Q2 GDP is scheduled for release shortly. Markets reflected broader global risk-off sentiment tied to Middle East developments, while authorities emphasized energy security.

🇹🇷 TürkiyeJuly 13, 2026

IMF cuts Turkey 2026 growth forecast to 2.9% on July 8

The past week featured the IMF's second downward revision to Turkey's 2026 growth outlook and the central bank's signal that it awaits July inflation data and clarity on regional conflicts before considering further easing. Equity markets showed mixed daily moves with the BIST 100 fluctuating near 14,000-14,300 levels. A bilateral meeting between Presidents Trump and Erdogan occurred early in the week. These developments underscore ongoing caution in monetary policy amid external uncertainties.

🇫🇷 FranceJuly 13, 2026

Banque de France July 9 releases highlight sustainable finance push and Eurosystem statement

The past week featured Banque de France announcements on July 9 advancing nature-positive finance partnerships and releasing the Eurosystem consolidated statement as of July 3. No major policy rate decisions or economic data prints occurred in the period. Broader euro area inflation projections from the June ECB meeting provided context for steady policy expectations.

🇩🇪 GermanyJuly 13, 2026

German June Inflation Eases to 2.3%, Reinforcing ECB Pause Expectations

Germany's final June inflation reading came in at 2.3% year-over-year on July 10, down from 2.6% in May and aligning with preliminary estimates. The print, driven by easing energy pressures, strengthened market views that the ECB will hold rates at its late-July meeting. Equity markets showed resilience mid-week amid the data and steady corporate earnings. Broader fiscal reform discussions continued to provide context for medium-term growth prospects.

🇪🇺 European UnionJuly 13, 2026

Euro Area Equities Slip on Geopolitical Worries Week to July 13, 2026

European equities posted modest losses over the week ending July 13, 2026, with the STOXX 600 falling sharply mid-week on renewed Middle East concerns before a smaller decline on July 13. The EU50 index closed at 6243 points, down 0.43% that day. Broader market moves reflected external geopolitical and inflation risks rather than fresh domestic data releases.

🇬🇧 United KingdomJuly 13, 2026

Bank of England publishes July 2026 Financial Stability Report

The Bank of England released its July Financial Stability Report on July 7, assessing the UK financial system as resilient amid Middle East-related volatility while noting heightened vulnerabilities in equity leverage, private credit, and AI-driven operational risks. Inflation data for May showed CPI at 2.8% year-on-year, unchanged, with the next reading due later in July. No major policy or data surprises occurred mid-week, leaving markets focused on the upcoming July 30 MPC meeting.

🇺🇸 United StatesJuly 13, 2026

Fed Holds Rates Steady as Minutes and July Policy Report Released

The Federal Reserve maintained its federal funds rate target at 3.5-3.75 percent amid solid economic expansion. FOMC minutes from the June meeting and the July Monetary Policy Report underscored policy continuity and strong productivity. Investors monitored early earnings season and geopolitical tensions without major shifts in the past week.

Important Events This Week

Tue, Jul 14
Consumer Price Index (June)
United States · Inflation
12:30 GMT
Wed, Jul 15
Producer Price Index (June)
United States · Inflation
12:30 GMT
Thu, Jul 16
Advance Retail Sales (June)
United States · Activity
12:30 GMT
Fri, Jul 17
U.S. Import and Export Price Indexes (June)
United States · Inflation
12:30 GMT

Markets

🇰🇿 AlmatyJuly 13, 2026

KASE Index: Limited Public Data on Week to July 10, 2026

No confirmed net move or session-by-session path for the KASE Index was available from reliable sources for the trading week ending July 10. Market drivers, sector performance, and flow details likewise remain unreported in accessible public channels as of July 13.

🇺🇸 S&P 500July 13, 2026

S&P 500 Gains 1.2% in Week Ended July 10, 2026

The S&P 500 rose 1.2% over the full trading week to close at 7,575.39, posting its second consecutive advance as big-tech and momentum stocks recovered amid resilient investor sentiment. Markets largely set aside renewed Middle East geopolitical tensions while positioning for earnings season. Nasdaq outperformed with a 1.7% gain, while the Dow slipped 0.5%.

🇩🇰 CopenhagenJuly 13, 2026

OMX Copenhagen 25 Falls 1.5% in Volatile Week to July 10

The OMX Copenhagen 25 declined about 1.5% over the full trading week ended July 10, 2026, closing at 1,871.46 after mixed sessions that erased gains from the prior week. The index opened the period near 1,899 and traded in a roughly 30-point range amid daily swings of up to 1.4%. Limited local catalysts left moves aligned with broader European equity sentiment.

🇳🇴 OsloJuly 13, 2026

OSEBX Declines 0.6% in Volatile Week to July 10, 2026

The OSEBX fell 0.59% over the July 6-10 trading week, closing at 1,932.39 after starting near 1,944. The index rose mid-week to a high of 1,956.76 before reversing sharply lower on Thursday and Friday. Energy and commodity exposure provided mixed support amid broader volatility and limited specific catalysts.

🇪🇸 MadridJuly 13, 2026

IBEX 35 Falls Over 2% in Week of July 6-10 Amid Geopolitical News

The IBEX 35 declined approximately 2.4% over the full trading week ending July 10, 2026, closing at 19,384.70 after a volatile path that included a sharp midweek drop. The index opened the week lower, fell more than 2.7% on July 8 following comments from U.S. President Trump and Middle East tensions, then partially recovered with gains on July 9 and 10. Broader European markets also faced pressure from shifting rate expectations.

🇮🇹 MilanJuly 13, 2026

FTSE MIB Falls 0.4% in Volatile Week Ended July 10, 2026

The FTSE MIB declined about 0.4% over the full trading week to July 10, closing at 52,614 after starting the period near 52,819. The index experienced early-session losses followed by a sharp Thursday rebound of roughly 1.1% and a modest Friday gain of 0.44%. Mixed global equity sentiment and domestic economic signals shaped the path.

🇮🇩 JakartaJuly 13, 2026

IDX Composite Gains 2% in Week to July 10

The IDX Composite rose approximately 2% over the five trading days ended July 10, marking its first weekly advance in three weeks and closing at 5,924.36. Gains built across sessions amid spillover from Wall Street rebounds in technology shares and supportive local economic indicators. The advance occurred against a backdrop of ongoing foreign investor net selling and broader 2026 market weakness.

🇹🇼 TaipeiJuly 13, 2026

TAIEX Declines 3.05% in Typhoon-Shortened Week

The TAIEX fell approximately 3.05% over the trading sessions from July 6-9, 2026, after reaching a record high early in the period before retreating on profit-taking. A sharp selloff in technology shares and heavy foreign investor outflows drove the decline, with the market closed on July 10 due to Typhoon Bavi. The index ended the abbreviated week lower amid broad-based pressure on electronics names.

🇲🇽 Mexico CityJuly 13, 2026

S&P/BMV IPC Ends Week of July 6-10 at 66,496, Down Modestly from Prior Close

The S&P/BMV IPC closed the trading week at 66,496.10 after a 0.59% gain on July 10, reflecting a net decline from the prior Friday's 67,060.49 level amid mixed daily sessions. Cooling inflation data supported financials and miners, while the peso firmed. The index remained above the 66,000 level for several sessions but sat 7.1% below its 52-week high. Monthly performance showed a 0.72% decline, though the index was still up 17.5% year-over-year.

🇸🇦 RiyadhJuly 13, 2026

TASI ends week near flat amid mixed sessions in early July 2026

The Tadawul All Share Index posted a modest net decline of about 0.5% over the five trading days through July 12, 2026, after rising early in the week before giving back gains. The index moved from a July 6 close of 10,813 to 10,823 on July 12, with limited volatility and thin catalysts. Broader market context included stable but range-bound oil prices near $70-72 per barrel and ongoing effects from the February opening to all foreign investors.

🇰🇷 SeoulJuly 13, 2026

KOSPI falls sharply in volatile week amid chip stock swings

The KOSPI declined over the trading week ending July 10, 2026, closing at 7,475.94 after a midweek plunge that took it more than 20% below its June peak near 9,385 and into bear market territory. Sharp drops in semiconductor names on AI-related concerns drove the move, with a partial rebound by Friday. The index had been among the world's strongest performers earlier in 2026 before the correction accelerated.

🇨🇦 TorontoJuly 13, 2026

S&P/TSX Composite ends week of July 6-10 slightly higher amid volatility

The S&P/TSX Composite posted a modest net gain of roughly 0.09% for the week ending July 10, closing at 35,305.31 after fluctuating across sessions. The index dipped mid-week before recovering on strength in energy and consumer shares. Broader drivers included oil price movements and select earnings results, while materials lagged.

🇦🇺 SydneyJuly 13, 2026

S&P/ASX 200 Ends Week Down 0.4% at 8,806 Amid IMF Forecast Cut

The S&P/ASX 200 declined 0.4% over the week to close at 8,806 on July 10, 2026, after four consecutive daily losses before a Friday rebound. The index fell from 8,831 on July 6 through sessions of modest declines driven by caution over global growth and domestic inflation. Mining stocks provided late support as commodity prices rose, but the net weekly move reversed prior gains.

🇧🇷 São PauloJuly 13, 2026

Ibovespa Climbs to 177,866 on July 10 After Softer Inflation Print

The Ibovespa advanced over the week ended July 10, 2026, closing at 177,866 after a 2.97% gain on the final session. Softer-than-expected June inflation data revived expectations for an August Selic cut and supported a broad rally. Financials and utilities led gains while energy lagged. Foreign inflows continued amid global rotation toward Brazilian assets.

🇦🇷 Buenos AiresJuly 13, 2026

S&P Merval Gains 2.61% in Week to July 10, 2026

The S&P Merval rose 2.61% over the full trading week to close at 3,280,223.59, marking its largest weekly advance since mid-June and extending a two-week winning streak. Gains built across sessions with volatility, including a 2.43% surge on July 10 amid thin holiday volumes. The move lifted the index 5.02% over the prior fortnight while remaining well below its June all-time high.

🇰🇪 NairobiJuly 13, 2026

NSE 20 Closes at 3,842.96 After Gains Through July 10

The NSE 20 advanced over the trading week ending July 10, 2026, closing at 3,842.96 following incremental gains across sessions from levels near 3,810 earlier in the period. The index extended its recent upward path with a 0.78% rise on the final session and broader monthly gains of 8.52%. Banking sector strength and sustained investor interest supported the move amid mixed foreign flows.

🇪🇬 CairoJuly 13, 2026

EGX 30 Climbs Nearly 5% in Week to July 7 on Foreign Inflows

The EGX 30 rose from 50,533 on July 1 to 53,006 on July 7, 2026, for a net weekly gain of about 4.9%. Steady advances, including +2.68% on July 6 and +0.96% on July 7, drove the move higher. Foreign buying provided key support amid regional tensions that weighed on Gulf peers.

🇳🇬 LagosJuly 13, 2026

NGX All-Share Gains 6.35% in Week to July 10, 2026

The NGX All-Share Index rose 6.35% over the full trading week ended July 10, advancing from 229,240.34 points on July 3 to close near 243,800 points. Daily gains were recorded across all five sessions, with the largest advances on July 6 (+2.15%), July 8 (+2.27%), and July 7 (+1.24%). Market capitalization increased by approximately N9.34 trillion to N156.44 trillion, lifting the year-to-date return to 56.67%.

🇿🇦 JohannesburgJuly 13, 2026

JSE All Share Falls About 1% in Volatile Week Ended July 10

The FTSE/JSE All Share Index declined roughly 1% over the trading week of July 6-10, 2026, closing at 110,355 after starting near 111,507 the prior Friday. The path featured sharp mid-week losses followed by partial recovery. Year-to-date gains remain positive amid broader emerging-market context, though weekly volatility reflected local and global factors.

🇮🇷 TehranJuly 13, 2026

TEDPIX Data Limited for Week to July 10 as Regional Tensions Persist

Public sources provide no confirmed daily closes or net weekly change for TEDPIX in the trading week ending July 10, 2026. The index stood near 3.65 million in late February after earlier volatility and a May reopening following an 80-day closure. June saw a reported surge toward 5.1 million on diplomatic developments, but subsequent U.S.-Iran hostilities have introduced uncertainty. Investors may monitor official TSE releases for updates on flows and breadth.

🇮🇳 MumbaiJuly 13, 2026

Nifty 50 Ends Week at 24,206.90 After Volatile Sessions

The Nifty 50 posted a modest net decline of about 0.26% for the week ending July 10, 2026, closing at 24,206.90 after starting near 24,431. A sharp 2.12% drop on July 8 amid broad selling was followed by gains of 0.34% and 1.02% on the final two days. Domestic institutional support helped cushion the mid-week volatility.

🇸🇪 StockholmJuly 13, 2026

OMX Stockholm 30 Falls 1.8% in Week Ended July 10

The OMX Stockholm 30 declined from 3,235.53 on July 6 to 3,177.78 on July 10, for a net loss of roughly 1.8%. The index fell on three of five sessions, with the steepest drop occurring on July 8 amid broader European equity weakness. Session-by-session moves reflected mixed sentiment following the prior week's gains.

🇨🇭 ZurichJuly 13, 2026

SMI Closes Week at 14,235.09 After Modest Decline

The Swiss Market Index fell about 0.5% over the July 6-10 trading week, closing at 14,235.09 following intraday volatility that included a mid-week peak near 14,360. The path reflected mixed session moves amid limited domestic catalysts and external trade-related uncertainty. Healthcare components provided relative support while broader breadth remained mixed.

🇸🇬 SingaporeJuly 13, 2026

Straits Times Index surges to record 5,469.29 in week to July 10

The Straits Times Index rose sharply over the full trading week ending July 10, 2026, closing at a fresh all-time high of 5,469.29 after advancing approximately 4.2 percent. Gains built steadily across sessions amid strength in financials, technology, and select industrials, supported by Wall Street momentum and local blue-chip buying. The advance marked the second consecutive weekly gain as investors positioned ahead of upcoming economic data.

🇨🇳 ShanghaiJuly 13, 2026

SSE Composite Ends Week of July 6-10 Down About 1.2% Amid Geopolitical Pressures

The SSE Composite declined from 4,043.64 on July 3 to 3,996.16 on July 10, 2026, with a volatile path featuring sharp daily swings. Losses accelerated mid-week on escalating US-Iran tensions before a partial rebound on July 9. The index closed the full trading week lower as risk-off sentiment weighed on mainland equities.

🇭🇰 Hong KongJuly 13, 2026

Hang Seng Index posts best week in over eight months to July 10

The Hang Seng Index advanced over the trading week ended July 10, 2026, closing at 24,175 after a 0.60% gain on the final session. The move marked the strongest weekly performance in more than eight months amid improving sentiment toward Chinese technology and internet shares. Gains occurred despite mixed daily sessions and ongoing geopolitical monitoring. Technology names and select financials provided the primary lift.

🇩🇪 FrankfurtJuly 13, 2026

DAX Ends Week Down Roughly 2.8% Amid Tech Weakness and Geopolitical Caution

The DAX declined about 2.8% over the trading week through July 10, closing near 25,067 after a volatile session on Friday. Tech and industrial stocks weighed on the index while banks and telecoms provided support. Renewed Middle East tensions and sector rotation contributed to the pullback despite broader European equity resilience earlier in the period.

🇬🇧 LondonJuly 13, 2026

FTSE 100 Declines 1.7% in Week Ended July 10, 2026

The FTSE 100 fell 1.7% over the full trading week to close at 10,497.29 on July 10 after beginning near 10,652. A sharp mid-week drop on July 8 amid Middle East tensions was only partially offset by Friday gains. Mining stocks offered support while broader sentiment remained cautious.

🇯🇵 TokyoJuly 13, 2026

Nikkei 225 Declines More Than 3% Over Five Sessions to July 10

The Nikkei 225 ended the week down approximately 3.7% at 68,557.73 after closing July 10, pressured by weakness in technology and chip-related shares amid rising Middle East tensions and higher oil prices. The index traded lower across most sessions with limited recovery attempts. Broader market sentiment reflected caution ahead of global earnings and geopolitical developments.

🇹🇷 BISTJuly 13, 2026

BIST 100 Closes Modestly Lower in Volatile Week of July 6-10

The BIST 100 index declined about 0.7% over the full trading week ending July 10, 2026, closing at 14,321 after fluctuating between session highs near 14,497 and lows around 14,105. Daily moves included gains early in the week followed by sharper losses midweek and a strong rebound on the final session. Broader context included mixed global equity performance and ongoing geopolitical tensions in the Middle East.

🇺🇸 NasdaqJuly 13, 2026

Nasdaq Composite Rises 0.6% in Volatile Week to July 10 Close

The Nasdaq Composite advanced from 26,121.16 on July 6 to 26,281.61 on July 10, 2026, for a net gain of about 0.6% amid mid-week volatility. The index dipped sharply on July 7 before recovering strongly in later sessions. Tech and AI-related names drove much of the movement, with mixed economic data providing additional context.

Briefs by Theme

☢️ NuclearJuly 13, 2026

Uranium Spot Prices Hold Near $85/lb as Supply Tightens and Deals Advance

Over the week ending July 13, 2026, uranium spot prices remained stable around $85 per pound amid reports of tighter supply from major producers and continued policy support for nuclear expansion. Key moves included a U.S. DOE contract for HALEU production, rising domestic output data, and new international fuel supply and export agreements. Long-term contract prices stayed elevated near multi-year highs, reflecting structural demand growth from power needs and reactor builds.

🌾 Commodities & AgricultureJuly 13, 2026

Oil Output Rise Pressures Energy; Grains Volatile Amid USDA Data

Over the past week, OPEC+ confirmed further production increases that weighed on crude prices, while agricultural commodities saw early gains in grains followed by mixed moves ahead of key USDA reports. Gold advanced modestly amid a softer dollar. Broader commodity indices reflected these divergent trends in energy and agriculture.

🏙️ Real Estate & REITsJuly 13, 2026

REITs Show Resilience as Global Real Estate Investment Volumes Recover

Global real estate and REITs sustained positive momentum through the week ending July 13, 2026, building on mid-year outperformance and recovering transaction activity. REIT total returns reached 14.9% at mid-year, ahead of broad equities despite elevated rates. Institutional interest remains selective amid competition from other asset classes, with capital flows showing regional gains in North America and APAC. Investors may monitor sector-specific fundamentals and cross-border allocation shifts.

🛡️ Defense & AerospaceJuly 13, 2026

NATO Summit, Missile Contracts Drive Defense Activity in Early July

The week of July 6-13, 2026, featured NATO summit discussions in Ankara on spending and alliances alongside major U.S. defense contracts and European missile initiatives. Key moves included PAC-3 maintenance facility plans and aircraft deliveries amid ongoing global spending growth. Investors may monitor sustained procurement and industrial cooperation trends across borders.

🤖 AI & SemiconductorsJuly 13, 2026

AI Chip Stocks Show Volatility Amid Strong Demand in Early July 2026

Chip equities experienced a mid-week selloff after an early rally, driven by sector rotation rather than shifts in fundamentals. NVIDIA maintained its leading position in AI accelerators while AMD gained ground with its MI300 series and TSMC reported robust revenue growth from advanced nodes. Memory suppliers noted tight supply conditions supporting pricing. Investors may monitor these dynamics for implications on global semiconductor supply chains and capital allocation across the sector.

💊 Pharma & BiotechJuly 13, 2026

Pharma & Biotech: M&A Accelerates, Layoffs and Funding Mark H1 Close

The week of July 6-13, 2026, saw continued M&A momentum with Novartis and Incyte deals, alongside Genentech layoffs and a Bayer equity infusion. Biosimilar adoption gained traction amid patent expirations, while regulatory actions included an FDA rejection and ARPA-H gene-editing funding. The sector closed H1 at a five-year high supported by deal flow and clinical progress.

📉 Rates & BondsJuly 13, 2026

US Treasury Yields End Week Higher at 4.59% Amid Geopolitical and Data Focus

US Treasury yields fluctuated during the week to July 13, 2026, with the 10-year note closing near 4.59% after dipping mid-week on economic data and tensions before rebounding. The 2-year yield traded around 4.2% levels, reflecting steady expectations for limited near-term Fed policy shifts. Bond markets showed resilience to war-related inflation concerns, with strategists maintaining forecasts for modest yield declines over coming months.

💱 FX & CurrenciesJuly 13, 2026

Dollar Mixed as Yen Weakens, Sterling Hits Highs Amid Geopolitics

The US dollar traded in a narrow range against major currencies during the week to July 13, 2026, with the yen extending losses toward multi-decade lows and sterling climbing to a one-month high versus the dollar. Geopolitical tensions linked to energy prices and shifting rate expectations drove moves across the period. Capital flow signals from Japan and emerging markets added context to positioning.

🥇 Precious MetalsJuly 13, 2026

Precious Metals See Mid-Week Pullback After Early July Gains

Precious metals prices retreated from early-week highs through July 13, with gold falling from above $4,180 to around $4,070 and silver declining from near $63 to about $58.50 per ounce. Central bank gold purchases continued steadily, while platinum held relatively firm and palladium showed modest resilience. The week highlighted ongoing volatility amid broader market adjustments following 2025-early 2026 rallies.

🌍 GeopoliticsJuly 13, 2026

US-Iran tensions flare over Strait of Hormuz amid fragile ceasefire

Escalation in the Middle East dominated geopolitics in the week to July 13, 2026, as Iran targeted commercial vessels in the Strait of Hormuz, prompting US strikes and a temporary collapse of the June ceasefire. Mediators worked to revive talks by mid-week while fighting paused. Parallel developments included intensified Ukrainian strikes on Russian fuel logistics in the Sea of Azov and ongoing EU preparations for trade defense measures against China. These events underscored persistent multipolar frictions affecting energy routes and defense postures.

💻 TechJuly 13, 2026

AI Chip Volatility and Revenue Surges Define Tech Week to July 13

Tech markets experienced early-week volatility in AI-related chips followed by stabilization amid strong revenue data and investment announcements. TSMC reported a 68% June revenue increase late in the period, while SK Hynix debuted strongly in the US. Broader semiconductor demand tied to AI infrastructure remained robust despite periodic selloffs.

🛢️ EnergyJuly 13, 2026

Energy Markets Navigate Oil Volatility and Renewables Growth in Week to July 13 2026

Oil prices fluctuated with geopolitical supply concerns driving mid-week gains before partial easing, while forecasts highlighted downward pressure from rising inventories and moderating demand. Natural gas remained range-bound amid adequate supplies. Renewables sustained momentum as the leading source of energy supply growth. Investors may monitor these cross-border dynamics for implications across equities, commodities, and related flows.

₿ CryptoJuly 13, 2026

Crypto Markets Show Modest Recovery Amid ETF Inflows and Technical Tests

Bitcoin and Ethereum traded in a narrow range during the week of July 6-13, 2026, with BTC near $63,000 and ETH testing the $1,800 level after earlier weakness. ETF inflows provided support while macro factors including Fed policy expectations influenced sentiment. The period featured gradual stabilization rather than sharp directional moves across major assets.

🌐 MacroJuly 13, 2026

IMF July 2026 WEO Update Highlights Stalled Disinflation and Uneven Growth

The IMF's mid-week World Economic Outlook Update projected global growth at 3.0% for 2026, unchanged cumulatively from April, while revising headline inflation upward to 4.7% due to Middle East conflict effects on energy prices. AI-driven tech demand provided an offset for integrated economies, but disinflation stalled broadly. Central banks maintained or signaled tighter stances amid persistent pressures, with no major policy shifts during the week itself.

Latest

Our InsightsJuly 14, 2026

Australia’s grid opportunity: Why it’s time to flick the switch

Australia’s energy transition has entered a new phase. Moving beyond “should we?” the question is now how to deliver an affordable, reliable, secure, and competitive energy system.

McKinsey1 min read

Russian stock market closes higher across major indices

The MOEX Index gained 0.87% to close at 2,164.42 points, while the dollar-denominated RTS Index rose 0.93% to 889.88 points

TASS1 min read

Iran and Russia need working groups to monitor joint projects — Iranian president

Masoud Pezeshkian emphasized that Iran and Russia are strategic partners and reliable friends

TASS1 min read

The New Voice of Ukraine1 min read

T-34 tank stolen from memorial cemetery in Kharkiv Oblast, graves damaged

Police in Kharkiv Oblast are searching for individuals who stole a T-34 tank model from a memorial complex at a cemetery in the village of Oskil and damaged burial sites on July 11, according to the Main Directorate of the National Police in the region.

PoliticalJuly 14, 2026

Russia Rations Gasoline by License Plate in Kursk Region

Kursk Governor Khinshtein announces fuel rationing starting July 15, limiting gas purchases to days matching license plate numbers, citing protection from Ukrainian strikes.

Monitor the Situation1 min read

DisasterJuly 13, 2026

Navy Officer Crashes Car Into Viña del Mar Market, Killing Several

An off-duty Chilean navy member drove a private vehicle into an open-air market in Viña del Mar, killing multiple people. Incident under investigation.

Monitor the Situation1 min read

ConflictJuly 13, 2026

Explosions Reported in Saravan and Bushehr, Iran

Two explosions reported in Saravan, Sistan and Baluchestan Province, and Bushehr, Bushehr Province, Iran, amid ongoing US-Iran hostilities.

Monitor the Situation1 min read

MarketJuly 13, 2026

Ekonomik güven endeksi Haziran'da 98,9 oldu

Bloomberg HT1 min read

GeneralJuly 14, 2026

Cartoon for July 14, 2026

The National1 min read

BorsaJuly 13, 2026

Enerjisa Üretim 3 YEKA RES projesinin finansmanını tamamladı

CNBC-e1 min read

EconomyJuly 14, 2026

Dış ticaret haddi mayısta sınırlı yükseldi

A Para1 min read

Montreal woman says roadwork leaves homes cut off, unable to leave by car

An NDG woman says she returned from vacation to find construction had cut off access to her driveway.

Global News1 min read

Reports

Supply and Demand with Market Heterogeneity -- by Ingvil Gaarder, Lancelot Henry de Frahan, Magne Mogstad, Alexander Torgovitsky, Oscar Volpe

We revisit the classic identification problem of separating supply and demand for a homogeneous good using data from multiple markets. We allow markets to be heterogeneous according to unobservables, a feature that arises if there are unobservable differences in consumer preferences or firm technology. We develop a new identification analysis based on hypothetical market types. We use this analysis to show how nonparametric, economically motivated assumptions carry empirical restrictions for ...

Women in the Platform Economy: Descriptive Evidence from Drivers in India and Indonesia -- by Achyuta Adhvaryu, Levina Adiputri, Valentina Brailovskaya, Priyanka Dua, Jenny Susan John, Pratibha Joshi, Terry Muthahhari, Rivandra Royono, Jack Thunde

We provide descriptive evidence on women's experiences in platform-based driving and delivery work using survey and administrative data from India and Indonesia. Partnering with major two-wheeler platforms, we study representative samples of drivers, oversampling women to examine gender differences (India: 404 women, 2,153 men; Indonesia: 892 women, 2,114 men). Female participation is extremely low -- 0.8% in India and 1.5% in Indonesia -- consistent with barriers related to safety concerns, ...

What Do Asset Prices in April 2025 Say About Demand for the Dollar? -- by Rohan Kekre, Moritz Lenel

We interpret exchange rate and yield curve responses to the April 2, 2025 U.S. tariff announcement through the lens of an equilibrium model capturing the portfolio balance mechanism. Disciplined by price elasticities from QE announcements, a 3-12% decline in the demand for dollar bonds (relative to annual U.S. GDP) accounts for the dollar depreciation and rise in dollar yields during this episode. News of a gradual rebalancing out of dollar bonds is consistent with immediate price impact sinc...

Social Insurance with Imperfect Eligibility Screening: Theory and Evidence from Pandemic UI -- by Adam Isen, Elira Kuka, Bryan A. Stuart

This paper studies social insurance with imperfect eligibility screening, focusing on Unemployment Insurance (UI) during its expansion in 2020 and 2021. We study the extent of imperfect screening by identifying anomalous payments using administrative tax data and UI policies, finding $214 billion in potentially-improper payments—concentrated in the Pandemic Unemployment Assistance (PUA) program—with approximately half detectable ex-ante through improved federal-state data sharing. There is su...

Long Term Care and Cognitive Impairment in Spain -- by Joan Costa-i-Font, Sergi Jimenez-Martin, Juan Oliva, Cristina Vilaplana-Prieto, Analía Viola

The growing prevalence of cognitive impairment (CI) is one of the main drivers of age-related demand for health and long-term care (LTC). In Spain, CI is estimated to affect 18.5% of Spaniards over 65, and 45.3% in those aged 85 and above. This paper draws on a pooled pre-COVID data from a longitudinal sample of individuals aged 65+ to examine the effect of CI and physical limitations on health and long-term care utilisation, estimates its costs, and financial burden. We report four sets of f...

Mind the KF* Gap: EME Vulnerabilities to Global Shocks -- by John D. Burger, Francis E. Warnock, Veronica Cacdac Warnock

Emerging market economies (EMEs) have historically been vulnerable to external shocks. Recently the global economy has experienced several major shocks yet EMEs have been remarkably resilient. Some of this improved performance can be attributed to prudent policies and stronger economic fundamentals, but the existing literature points to an overperformance mystery by some EMEs with weaker fundamentals. We evaluate an alternative measure of vulnerability based on the concept of a natural level ...