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Ibovespa Falls on Earnings Weakness
The Ibovespa fell 1.7% on Friday, closing at 177,513 points, pressured by a fresh round of second‑quarter 2026 earnings releases. Petrobras retreated 3%, reversing earlier gains despite posting...
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Oil Rises but Posts Weekly Loss on Hormuz Uncertainty
Crude oil futures climbed about 1% on Friday to settle at $78.20 per barrel, but still finished the week more than 7% lower. Prices remained highly sensitive to developments around...
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TSX Hits Record as Gold Miners Rally
The S&P/TSX Composite Index climbed 0.7% to a record close of 36,381 on Friday, driven by a strong rally in mining shares. Gold producers led the advance as bullion prices...
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US Stocks Rise as Rate Hike Bets Fade
US stock indices finished higher on Friday after weaker-than-expected labor market data lowered the odds of a Federal Reserve rate hike next month. The S&P 500 climbed 0.6%...
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Sterling Bears Trim Bets as CFTC Data Show Narrowing Net Short Positions
Speculative traders have slightly reduced their bearish bets on the British pound, according to the latest Commitment of Traders (CFTC) data released on 07 August 2026. Net speculative positions...
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Argentina’s Industrial Output Rebounds to 2.0% Growth in June After Sharp May Contraction
Argentina’s industrial sector returned to growth in June 2026, with production rising 2.0% year-on-year, reversing a steep decline recorded a month earlier. The latest data, updated on 7 August 2026...
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U.S. Consumer Credit Rebounds Sharply in June After Rare Contraction
U.S. consumer credit swung back into positive territory in June 2026, rising by $14.17 billion following a rare contraction the previous month. Data updated on 7 August 2026 show...
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Dominican Republic Inflation Eases Slightly
The annual inflation rate in the Dominican Republic eased slightly to 5.47% in July 2026, down from 5.67% in June. The most pronounced price increases were seen in restaurants...
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Week Ahead - Aug 10th
Ongoing negotiations between Iran, the United States, and GCC states over access to the Strait of Hormuz will remain a key driver of global energy prices and expectations for future...
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U.S. Baker Hughes Rig Count Holds Steady at 588, Signaling Pause in Drilling Shifts
The U.S. Baker Hughes Total Rig Count remained unchanged at 588 in the latest reading, with the figure matching the previous level of 588. The update, dated 07 August 2026...