Brent crude rose roughly 5% to $94.86 a barrel on September 2, its highest since late July, after the US military launched fresh strikes around the Strait of Hormuz following alleged Iranian mine-laying.
Category: Markets
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Gilts Lead a Global Bond Rout as Japan Yields Hit 3% for the First Time in 30 Years
On September 1, a global government bond selloff pushed UK 30-year gilt yields to 5.89% — their highest since 1998 — while Japan’s 10-year benchmark reached 3% for the first time since 1996.
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Brent Crosses $90 as US-Iran Strikes Revive Hormuz Risk
Brent crude climbed above $90 per barrel on August 31 after US forces struck Iranian rocket launchers in the Strait of Hormuz, sending the Dow down over 370 points as energy traders repriced supply risk.
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Moderna Shares Nearly Triple After mRNA Melanoma Vaccine Clears Phase 3
Moderna and Merck’s personalised cancer vaccine intismeran met its primary endpoint in a 1,137-patient Phase 3 melanoma trial on August 19, sending Moderna shares up 177% and marking the first late-stage mRNA cancer vaccine success.
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Stripe and Advent Drop $50 Billion PayPal Bid, Shares Fall 12%
The Stripe-Advent consortium abandoned its pursuit of PayPal on Friday after the board rejected an offer of $60.50 per share as too low, sending the stock down as much as 16% in premarket trading.
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September Rate-Hike Bets Double After Warsh’s Hawkish Jackson Hole Debut
Markets pushed September rate-hike odds from 35% to 57% after Fed Chair Warsh refused to signal policy direction at Jackson Hole, sending the S&P 500 down 0.25% and the Nasdaq 0.52% on Friday.
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S&P 500 Holds Below Record as Markets Wait for Warsh’s Jackson Hole Debut
Equity markets treaded water Thursday as traders positioned cautiously ahead of Fed Chair Kevin Warsh’s first Jackson Hole speech, with the S&P 500 holding at 7,676 and gold near $4,620.
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Nvidia Posts $96 Billion Quarter and Guides to $108 Billion Ahead
Nvidia posted $96.2 billion in second-quarter revenue, up 106% year-on-year, and guided the next quarter to $108 billion on sustained data center demand.
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Bitcoin Tops $80,000 as Treasury Buybacks Trigger $4 Billion Short Squeeze
Bitcoin surged past $80,700 this week as the US Treasury’s doubling of its long-bond buyback programme reignited risk appetite and triggered more than $4 billion in short liquidations, while spot ETFs recorded their strongest six-session inflow of 2026.
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Gold Surges to $4,712 as Treasury’s Doubled Buybacks and Iran Tensions Drive Demand
Spot gold reached $4,712.60 per ounce on August 24, up nearly 15% in a month, as the US Treasury’s decision to double long-term debt buybacks and the Iran conflict sustained safe-haven buying.