Public Markets 3 Hours

Last updated: July 8, 2026, 11:30 PM ET

Asian Markets and Monetary Policy

The Singapore dollar as traders adjusted positions. Meanwhile, New Zealand manufacturing expanded at the fastest pace in nearly five years in June, signaling a growing economic recovery. In South Korea, Bank of Korea Governor Shin Hyun Song indicated a before the next policy meeting, reinforcing a hawkish outlook.

Commodities and Geopolitical Tensions

Copper prices, gaining on optimism for artificial intelligence demand despite fresh U.S. strikes on Iran. Gold remained flat amid renewed Middle East conflict and the release of Federal Open Market Committee minutes. The Indian rupee, however as rising oil prices exacerbated concerns, with Reserve Bank of India measures proving less effective than previously.

US Business and Legal Developments

A U.S. judge pressed Gautam for further details regarding the Justice Department's decision to drop a significant criminal case against the Indian billionaire. Separately, a $5 million judgment against Donald Trump was ordered to be released to E. Jean Carroll. Regulators are warning the public about counterfeit air-bag parts in used cars, though tracing the faulty components from a Chinese manufacturer is proving difficult. Paramount CEO David Ellison is facing an $80 billion debt cloud surrounding his Warner deal, with promises to avoid asset sales or content spending cuts.