Fed Signals Flexible Reserve Management Amid Treasury's Cash Balance Rebuild
The Federal Reserve announced that its reserve management purchases remain flexible and can be adjusted depending on market conditions as the U.S. Treasury rebuilds its cash balance above $1 trillion. This process is expected to drain liquidity from the financial system, potentially impacting market dynamics.
Federal Reserve to Continue $10 Billion Monthly Treasury Bill Purchases Through August
The Federal Reserve will maintain its $10 billion monthly Treasury bill purchase program until August 13, alongside approximately $17.6 billion in reinvestments. This move aims to keep reserves ample and ensure smooth functioning of money markets.
The War Got Louder. The Gold Bounce Faded.
Gold's safe-haven narrative is weakening as the Iran conflict lifts oil prices and rate expectations, putting 2026 lows back within reach.
Copper Prices Rise on Tight Supplies in China Despite U.S.-Iran Tensions
Copper prices increased by 0.4% to $13,541 per metric ton as tight physical supplies in China and stockpiling offset concerns about renewed U.S.-Iran tensions. Analysts note that near-term supply constraints and trade disruptions support prices, although higher energy costs and potential interest rate hikes present demand risks.
U.S. Launches Third Night of Strikes Against Iran to Curb Attacks in Strait of Hormuz
U.S. Central Command reports a third consecutive night of airstrikes against Iranian forces, initiated under the Commander in Chief's direction. The strikes aim to impose heavy costs on Iran and degrade their capacity to target civilians and commercial shipping in the strategically vital Strait of Hormuz.
Silver (XAG/USD) Price Forecast: Bears Target Critical Support Below $55.60
Silver remains under strong selling pressure as bears target key support below $55.60, while resistance at the 20-day moving average continues to cap rallies.
Oil Prices Surge Amid U.S.-Iran Tensions, Stocks and Bonds Decline
Escalating U.S.-Iran strikes have raised concerns over shipping disruptions through the Strait of Hormuz, pushing Brent crude above $83 a barrel and WTI up nearly 9%. The spike in oil prices has heightened inflation fears, prompting declines in U.S. stocks and bonds and increasing expectations of a Fed rate hike in July.
Yemen’s Houthis Launch Missile Attacks on Saudi Arabia
Yemen’s Houthi rebels have fired missiles targeting Saudi Arabia, escalating regional tensions. The attacks highlight ongoing conflict and security concerns in the Middle East. This development may impact geopolitical stability and investor sentiment.
Trump to Support Russia Sanctions Bill, Says Official
Former President Trump is reported to back a new sanctions bill targeting Russia, according to a CNN source. This move signals continued pressure on Russia amid ongoing geopolitical tensions.
NY Fed Plans $27.6 Billion in Reinvestment and Reserve Management Purchases from July 14 to August 13
The New York Federal Reserve's trading desk announced plans to conduct approximately $17.6 billion in reinvestment purchases along with an additional $10 billion in reserve management operations between July 14 and August 13. These operations aim to support market liquidity and manage reserves effectively.