Public Markets 3h Briefing
×Last updated: July 14, 2026, 11:30 AM ET
Inflation Cools, Fed Rate Hike Bets Recede
Treasury yields plunged on Tuesday nytimes.com as the latest consumer price index data showed inflation cooling more than expected in June. The US CPI bloomberg.com, with the core gauge remaining flat, reducing bets bloomberg.com on a July Federal Reserve interest rate hike to approximately 20%. This development comes as Federal Reserve Chairman Kevin Warsh prepares to testify bloomberg.com before a House panel on monetary policy, where he is expected to nytimes.com to combat inflation. Warsh has also nytimes.com focusing on key aspects of monetary policy.
Energy Markets Tighten Amid Geopolitical Tensions
Fuel markets in both the US and Europe are, exacerbated by escalating tensions in the Middle East. The White House acknowledged improvement nytimes.com in consumer prices while simultaneously warning of potential new price surges due to renewed attacks involving Iran. Russia is reportedly struggling to sell bloomberg.com its oil, with significant volumes remaining at sea. In response to import reliance, India's Vedanta Oil plans to bloomberg.com to quintuple its output. Meanwhile, US natural gas futures wsj.com amid high inventories and softer demand.
Corporate Dealmaking and IPO Activity
Indonesian energy company PT Barito Renewables Energy has bloomberg.com for geothermal producer Energy Development Corp. to expand its footprint in the Philippines. In the technology sector, Chinese memory chip giant CXMT Corp. unveiled terms bloomberg.com for its Shanghai IPO, aiming to raise $9.8 billion. On the financial front, Brussels is proposing to ft.com for banks, following similar moves in the US and UK. Healthcare provider HCA Healthcare wsj.com after quarterly earnings were negatively impacted by shifts in payer mix, leading the company to pare back its full-year financial guidance.
Other Market Developments
Options on SK Hynix Inc.’s American Depository Receipts began trading on US exchanges, offering increased access to the South Korean chipmaker's volatile stock. Brazilian medical provider Oncoclinicas is seeking to restructure bloomberg.com nearly $1 billion of debt. In the aviation sector, budget airline Frontier Airlines is wsj.com for in-flight Wi-Fi. Warren Buffett's Berkshire Hathaway plans to ft.com in stock, excluding the Gates Foundation from the primary recipients.